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Friday, July 04, 2008 |
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Business Deposit Rates
Annual Percentage Yields (APY) current as of
July 4, 2008
Business Interest Checking (Sole Proprietors)
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| Deposit Amount |
Interest Rate |
APY |
| $0 - $999.99 | 0.00% | 0.00% | | $1,000 - $9,999.99 | 0.20% | 0.20% | | $10,000 - $24,999.99 | 0.20% | 0.20% | | $25,000 - $49,999.99 | 0.20% | 0.20% | | $50,000 - $99,999.99 | 0.20% | 0.20% | | $100,000 or more | 0.20% | 0.20% |
- Business must be owned and operated within Pennsylvania or New Jersey
- FREE real-time telephone and Internet access
- A monthly maintenance service charge of $25.00 will be assessed when the average daily balance for the statement cycle falls below $1,000
- No per check fees, deposit fees or per item fees
- Interest is compounded daily & earned on the daily balance based on a tiered-rate structure
- Rates are subject to change at any time
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Community Checking (Not-For-Profit Organizations)
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| Deposit Amount |
Interest Rate |
APY |
| $0 - $999.99 | 0.00% | 0.00% | | $1,000 - $9,999.99 | 0.00% | 0.00% | | $10,000 - $24,999.99 | 1.98% | 2.00% | | $25,000 - $49,999.99 | 2.23% | 2.25% | | $50,000 - $99,999.99 | 2.47% | 2.50% | | $100,000 - $999,999.99 | 2.71% | 2.75% | | $1,000,000 - $2,499,999.99 | 2.96% | 3.00% | | $2,500,000 or more | 2.96% | 3.00% |
- Business must be owned and operated within Pennsylvania or New Jersey
- FREE real-time telephone and Internet access
- No monthly maintenance service charges
- No per check fees, deposit fees or per item fees
- Eliminates the need for sweep accounts
- Interest is compounded daily & earned on the daily balance based on a tiered-rate structure
- Rates are subject to change at any time
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| This page was retrieved at 3:24:02 PM on July 4, 2008 |
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