OUR WEST SPRINGFIELD BRANCH OFFICE WILL MOVE TO 85 ELM STREET IN LATE JUNE.

Deposit Rates for Business Accounts


Business Savings Account

Rates Effective: 09/17/2021

Savings Product Annual Percentage Yield (APY) Annual Interest Rate Minimum Deposit to Open
Business Savings Account 0.01% 0.01% $1,000.00
  • Rate may change after account opening.
  • Fees could reduce earnings on the account.


Business Money Market Account

Rates Effective: 09/17/2021

Tiers

Annual Percentage Yield (APY) Annual Interest Rate Minimum Deposit to Open Minimum Daily Balance to Earn Stated APY
TIER 1: $0 - $20,000.00 0.010% 0.010% $1,000.00 $0.01
TIER 2: $20,000.01 and up 0.070% 0.070% $1,000.00 $20,000.01
  • Rate may change after account opening.
  • Fees could reduce earnings on the account.