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Certificates of Deposit Under $100,000
Effective as of 8/23/2010
|
Account Product Name
|
Minimum Opening Balance
|
Minimum Balance to Obtain APY
|
Int. Rate
|
APY
|
01 Month
|
$1,000
|
$0.01
|
0.50%
|
0.50%
|
02 Month
|
$1,000
|
$0.01
|
0.50%
|
0.50%
|
03 Month
|
$1,000
|
$0.01
|
0.50%
|
0.50%
|
06 Month
|
$1,000
|
$0.01
|
0.75%
|
0.75%
|
12 Month
|
$1,000
|
$0.01
|
1.24%
|
1.25%
|
12 Month
No Penalty < 100k ONLY
|
$1,000
|
$0.01
|
1.05%
|
1.05%
|
18 Month
|
$1,000
|
$0.01
|
1.49%
|
1.50%
|
24 Month
|
$1,000
|
$0.01
|
1.74%
|
1.75%
|
30 Month
|
$1,000
|
$0.01
|
1.99%
|
2.00%
|
36 Month
|
$1,000
|
$0.01
|
2.23%
|
2.25%
|
48 Month
|
$1,000
|
$0.01
|
2.48%
|
2.50%
|
60 Month
|
$1,000
|
$0.01
|
2.72%
|
2.75%
|
|
A penalty may be imposed for early withdrawals.
for current rate information call (703) 230-9105. The Business Bank does not accept Brokered Deposits or Out-of-State JUMBO CDs.
Deposit Rates
Effective as of 8/23/2010
|
Account Product Name
|
Minimum Opening Balance
|
Minimum Balance to Obtain APY
|
Int. Rate
|
Yield
|
Business Interest Checking
(non-profit organizations, charitable organization, homeowners associations, sole proprietorships and government agencies)
|
$1,000.00
|
$0.01-999
1,000+
|
0.00%
0.25%
|
0.00%
0.25%
|
Business Money Market
|
$2,500.00
$2,500.00
$2,500.00
|
$0.01-24,999
$25,000-99,999
$100K+
|
0.25%
0.50%
1.00%
|
0.25%
0.50%
1.00%
|
Health Savings Account
|
$100.00
|
$0.01
|
2.23%
|
2.25%
|
Personal Money Market
Daily Balances of:
|
$2,500.00
$2,500.00
$2,500.00
|
$0.01- $24,999
$25,000-99,999
$100K
|
0.25%
0.50%
1.00%
|
0.25%
0.50%
1.00%
|
Personal NOW
Daily Balances of:
|
$500.00
$500.00
$500.00
|
$0.01-$24,999
$25,000-99,999
$100K
|
0.10%
0.20%
0.25%
|
0.10%
0.20%
0.25%
|
Savings
|
$300.00
|
$0.01
|
1.01%
|
1.01%
|
|
1) A Penalty may be imposed for early withdrawals.
2) Daily Balance. The amount of the principal in the account each day.
3) The Interest Rate & Annual Percentage Yield may change after the account is opened.
Fees could reduce earnings on the account .
For current rate information call (703) 230-9105
MEMBER FDIC
|
