For the business that wants a simple earning option for excess funds, a tiered interest rate structure allows you the flexibility to manage your money and earn higher rates.
Five premium interest rate tiers:
Tier 5
up to $24,999.99
Tier 4
$25,000 to $49,999.99
Tier 3
$50,000 to $149,999.99
Tier 2
$150,000 to $249,999.99
Tier 1
$250,000 and above
Call for current rates
Free Telebank 24-hour bank by phone
Monthly statement with check images
Free Online banking
Preferred loan rates with auto debit
Minimum to open: $100
If minimum balance falls below $2,500, the monthly maintenance fee is $15
Interest paid monthly
Excessive withdrawal fee after 6 withdrawals per month: $15 per withdrawal
Certificates of Deposit (CDs) offer a secure way to invest your money and earn a guaranteed return. You can have peace of mind with an FDIC-insured investment.
Flexible terms
No service fees, but early withdrawal penalties apply
Fixed rates
Minimum balance to open: $1,000
Fees: None
Interest payment frequency: Monthly, quarterly, or annually
