Commercial Cash Management Products
Effective Date:
Customers who do not live or work within our Market Area must visit our banking office to qualify.
BASIC BANKING PRODUCTS
| REGULAR BUSINESS CHECKING ACCOUNTS |
| Monthly Maintenance Charge | $6.00 |
| Deposits Processed | $0.50 |
| Checks in Deposit (per check) | $0.05 |
| Checks Paid (per check) | $0.10 |
| Deposit Return Items (per item) | $10.00 |
| Overdraft Fee | $25.00 |
| Stop payment Fee | $25.00 |
| Earnings Allowance based on average collected balance | 25¢ per $100.00 |
| REGULAR COMMERCIAL MMDA |
| Minimum Balance |
APY |
Interest Rate |
| Below $10,000 | 0.13% | 0.125% |
| $10,000-$24,999 |
0.13% |
0.125% |
| $25,000-$49,999 |
0.25% |
0.250% |
| $50,000-$74,999 |
0.25% |
0.250% |
| $75,000 & over |
0.38% |
0.375% |
| REGULAR COMMERCIAL SWEEP ACCOUNT |
| Minimum Balance |
APY |
Interest Rate |
| Below $10,000 | 0.13% | 0.125% |
| $10,000-$24,999 |
0.13% |
0.125% |
| $25,000-$49,999 |
0.25% |
0.250% |
| $50,000-$74,999 |
0.25% |
0.250% |
| $75,000 & over |
0.38% |
0.375% |
NOT insured by the FDIC/SIF
Secured by a Repurchase Agreement between the Customer and the Bank.
Target balance set by Agreement
Minimum sweep amount in and out is $500.00
Fee of $25.00 per month for sweep
|
| REGULAR CERTIFICATES OF DEPOSIT |
| Term and Minimum to Open |
APY |
Interest Rate |
| 3 Months $5,000 |
0.13% |
0.125% |
| 6 Months $5,000 |
0.25% |
0.250% |
| 9 Months $5,000 |
0.38% |
0.375% |
| 12 Months $1,000 |
0.38% |
0.375% |
| 15 Months $1,000 |
0.64% |
0.625% |
| 18 Months $1,000 |
0.64% |
0.625% |
| 24 Months $1,000 |
0.64% |
0.625% |
| 36 Months $1,000 |
0.89% |
0.875% |
| 48 Months $1,000 |
0.89% |
0.875% |
| 60 Months $1,000 |
1.02% |
1.000% |
| CD rates are guaranteed for the length of the specified term. Substantial penalties may be imposed on early withdrawals. Certain other restrictions may apply. |
| REGULAR SAVINGS ACCOUNTS |
| Type/Min to Open/Min to Earn APY |
APY |
Interest Rate |
| Passbook Savings $25/$25 |
0.13% |
0.125% |
| Statement Savings $25/$25 |
0.13% |
0.125% |
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GOLD BANKING PRODUCTS
| GOLD BUSINESS CHECKING ACCOUNTS |
| Monthly Maintenance Charge* | $6.00 |
| Deposits Processed* | $0.50 |
| Checks in Deposit (per check)* | $0.05 |
| Checks Paid (per check)* | $0.10 |
| Deposit Return Items (per item) | $10.00 |
| Overdraft Fee | $25.00 |
| Stop payment Fee | $25.00 |
| Earnings Allowance based on average collected balance | n/a |
| *Waived with $5,000 Relationship Balance |
| GOLD COMMERCIAL MMDA |
| Minimum Balance |
APY |
Interest Rate |
| Below $10,000 |
0.38% |
0.375% |
| $10,000-$24,999 |
0.38% |
0.375% |
| $25,000-$49,999 |
0.51% |
0.500% |
| $50,000-$74,999 |
0.51% |
0.500% |
| $75,000 and over |
0.64% |
0.625% |
| GOLD COMMERCIAL SWEEP ACCOUNT |
| Minimum Balance |
APY |
Interest Rate |
| Below $10,000 | 0.38% | 0.375% |
| $10,000 - $24,999 |
0.38% |
0.375% |
| $25,000 - $49,999 |
0.51% |
0.500% |
| $50,000 - $74,999 |
0.51% |
0.500% |
| $75,000 & over |
0.64% |
0.625% |
NOT insured by the FDIC/SIF
Secured by a Repurchase Agreement between the Customer and the Bank.
Target balance set by Agreement
Minimum sweep amount in and out is $500.00
Fee of $25.00 per month for sweep
|
| GOLD CERTIFICATES OF DEPOSIT |
| Term and Minimum to Open |
APY |
Interest Rate |
| 3 Months $5,000 |
0.38% |
0.375% |
| 6 Months $5,000 |
0.51% |
0.500% |
| 9 Months $5,000 |
0.64% |
0.625% |
| 12 Months $5,000 |
0.64% |
0.625% |
| 15 Months $1,000 |
0.89% |
0.875% |
| 18 Months $1,000 |
0.89% |
0.875% |
| 24 Months $1,000 |
0.89% |
0.875% |
| 36 Months $1,000 |
1.02% |
1.000% |
| 48 Months $1,000 |
1.15% |
1.125% |
| 60 Months $1,000 |
1.15% |
1.125% |
| CD rates are guaranteed for the length of the specified term. Substantial penalties may be imposed on early withdrawals. Certain other restrictions may apply. |
| GOLD SAVINGS ACCOUNTS |
| Type/Min to Open/Min to Earn APY |
APY |
Interest Rate |
| Passbook Savings $25/$25 |
0.38% |
0.375% |
| Statement Savings $25/$25 |
0.38% |
0.375% |
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VIP BANKING PRODUCTS
| VIP BUSINESS CHECKING ACCOUNTS |
| Monthly Maintenance Charge* | $15.00 |
| Deposits Processed* | $0.50 |
| Checks in Deposit (per check)* | $0.05 |
| Checks Paid (per check)* | $0.10 |
| Deposit Return Items (per item) | $10.00 |
| Overdraft Fee | $25.00 |
| Stop payment Fee | $25.00 |
| Earnings Allowance based on average collected balance | n/a |
| *Waived with $750,000 Relationship Balance |
| VIP COMMERCIAL MMDA |
| Minimum Balance |
APY |
Interest Rate |
| Below $10,000 |
0.64% |
0.625% |
| $10,000 - $24,999 |
0.64% |
0.625% |
| $25,000 - $49,999 |
0.76% |
0.750% |
| $50,000 - $74,999 |
0.76% |
0.750% |
| $75,000 & over |
0.89% |
0.875% |
| VIP COMMERCIAL SWEEP ACCOUNT |
| Minimum Balance |
APY |
Interest Rate |
| Below $10,000 |
0.64% | 0.625% |
| $10,000 - $24,999 | 0.89% | 0.875% |
| $25,000 - $49,999 |
1.02% |
1.000% |
| $50,000 - $74,999 |
1.02% |
1.000% |
| $75,000 & over |
1.15% |
1.125% |
NOT insured by the FDIC/SIF
Secured by a Repurchase Agreement between the Customer and the Bank.
Target balance set by Agreement
Minimum sweep amount in and out is $500.00
Fee of $25.00 per month for sweep
|
| VIP CERTIFICATES OF DEPOSIT |
| Term and Minimum to Open |
APY |
Interest Rate |
| 3 Months $5,000 |
0.64% |
0.625% |
| 6 Months $5,000 |
0.76% |
0.750% |
| 9 Months $5,000 |
0.89% |
0.875% |
| 12 Months $5,000 |
0.89% |
0.875% |
| 15 Months $1,000 |
1.15% |
1.125% |
| 18 Months $1,000 |
1.15% |
1.125% |
| 24 Months $1,000 |
1.15% |
1.125% |
| 36 Months $1,000 |
1.28% |
1.250% |
| 48 Months $1,000 |
1.40% |
1.375% |
| 60 Months $1,000 |
1.40% |
1.375% |
| CD rates are guaranteed for the length of the specified term. Substantial penalties may be imposed on early withdrawals. Certain other restrictions may apply. |
| VIP SAVINGS ACCOUNTS |
| Type/Min to Open/Min to Earn APY |
APY |
Interest Rate |
| Passbook Savings $25/$25 |
0.64% |
0.625% |
| Statement Savings $25/$25 |
0.64% |
0.625% |
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