Home / Deposit Rates - Business Products

Deposit Rates - Business Products

  • Not-for-Profit Checking
    Minimum Deposit to Open Account $10.00
    Minimum Daily Balance to Obtain Annual Percentage Yield $0.01
    Interest Rate Tier N/A
    Interest Rate 0.15%
    Annual Percentage Yield1 0.15%
  • Business Statement Savings
    Minimum Deposit to Open Account $100.00
    Minimum Daily Balance to Obtain Annual Percentage Yield $0.01
    Interest Rate Tier N/A
    Interest Rate 0.15%
    Annual Percentage Yield1 0.15%
  • Business Regular Money Market
    Minimum Deposit to Open Account $100.00
    Minimum Daily Balance to Obtain Annual Percentage Yield $0.01
    Interest Rate Tier N/A
    Interest Rate 0.10%
    Annual Percentage Yield1 0.10%
  • Business Premier Money Market

    Minimum Deposit to open account is $5,000.00 for a Business Premier Money Market Account.

    Minimum Daily Balance to Obtain Annual Percentage Yield Interest Rate Tier Interest Rate Annual Percentage Yield1
    $0.01 $0.01 to $9,999.99 0.50% 0.50%
    $10,000.00 $10,000.00 to $24,999.99 0.50% 0.50%
    $25,000.00 $25,000.00 to $99,999.99 1.50% 1.50%
    $100,000.00 $100,000.00 to $249,999.99 1.50% 1.50%
    $250,000.00 $250,000 and over 2.00% 2.00%
  • Escrow Lease Security Savings
    Minimum Deposit to Open Account N/A
    Minimum Daily Balance to Obtain Annual Percentage Yield $0.01
    Interest Rate Tier N/A
    Interest Rate 0.25%
    Annual Percentage Yield1 0.25%
  • Master Escrow Savings
    Minimum Deposit to Open Account N/A
    Minimum Daily Balance to Obtain Annual Percentage Yield $0.01
    Interest Rate Tier N/A
    Interest Rate 0.25%
    Annual Percentage Yield1 0.25%
  • NJ IOLTA
    Minimum Deposit to Open Account N/A
    Minimum Daily Balance to Obtain Annual Percentage Yield $0.01
    Interest Rate Tier N/A
    Interest Rate 2.55%
    Annual Percentage Yield1 2.55%
  • NY IOLA
    Minimum Deposit to Open Account N/A
    Minimum Daily Balance to Obtain Annual Percentage Yield $0.01
    Interest Rate Tier N/A
    Interest Rate 2.55%
    Annual Percentage Yield1 2.55%
  • PA IOLTA
    Minimum Deposit to Open Account N/A
    Minimum Daily Balance to Obtain Annual Percentage Yield $0.01
    Interest Rate Tier N/A
    Interest Rate 2.55%
    Annual Percentage Yield1 2.55%
  • Certificates of Deposit/ IRA CD2

    The minimum deposit to open an account is $500.00 with a minimum daily balance of $0.01 to obtain an Annual Percentage Yield. Interest Rate Tier not applicable.

    Minimum Daily Balance to Obtain Annual Percentage Yield Interest Rate Tier Interest Rate Annual Percentage Yield1
    3 months $500.00 $0.01  N/A 5.12% 5.25%
    6-11 months $500.00 $0.01 N/A 0.15% 0.15%
    7 months3 $500.00 $0.01 N/A 4.64% 4.75%
    12 month $500.00 $0.01 N/A 4.21% 4.30%
    13-23 months $500.00 $0.01 N/A 0.50% 0.50%
    24-35 months $500.00 $0.01 N/A 0.40% 0.40%
    36-47 months $500.00 $0.01 N/A 0.50% 0.50%
    48 months $500.00 $0.01 N/A 0.50% 0.50%
    60 months $500.00 $0.01 N/A 0.50% 0.50%

1Annual Percentage Yield (APY) is accurate as of April 02, 2023. Rates are subject to change after the account is opened except for Certificates of Deposit/IRA CD. Fees may reduce account earnings.

2A penalty may be imposed for early withdrawal of a CD.

3$1,000,000 maximum deposit per customer. The APY is offered to customers who open a CD and have an existing or open a new checking account with a minimum balance of $250. At maturity, your CD will automatically renew at the then-current rate. Offer may be withdrawn anytime without notice. IRS reporting may be applicable.