Commercial Savings
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Commercial MMDA
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Public Funds MMDA
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- Variable rate interest bearing account
- $100.00 minimum to open
- 3 free withdrawals per month ($1.00 fee per withdrawal after 3)
- Average daily balance below $100.00 incurs $3.00 fee
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- Variable rate interest bearing account$1,500.00 minimum to open
- 6 withdrawals allowed per month (3 free withdrawals, $2.00 per withdrawal after 3)
- Balance below $1,500.00– $3.00 fee and interest reverts to Regular savings rate
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- Variable rate interest bearing account $25,000.00 minimum to open
- 1 free withdrawal per month ($15.00 per withdrawal after 1, up to 6 per month)
- Balance below $25,000.00 – Interest reverts to Regular Money Market rate
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Savings Rates
Rates are effective as of October 1, 2024.
Accounts
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Rate
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APY
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Regular Savings
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0.75%
|
0.75%
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MMDA (Under $1,500)
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0.75%
|
0.75%
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MMDA ($1,500-$9,999.99)
|
1.75%
|
1.76%
|
MMDA ($10,000-$24,999.99)
|
1.75%
|
1.76%
|
MMDA($25,000-$99,999.99)
|
2.00%
|
2.02%
|
MMDA($100,000-$249,999.99)
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2.00%
|
2.02%
|
MMDA($250,000 & Over)
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2.00%
|
2.02%
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Diapers/Diplomas (Under$2,500)
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0.60%
|
0.60%
|
Diapers/Diplomas (Over $2,500)
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0.65%
|
0.65%
|
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