Business Savings Rates
Earn on your savings balances of $100 or more
Even if you can only set aside a little bit of money at a time, you’ll be surprised at how quickly small amounts can add up!
|Account Type||Balance Tier||Dividend Rate||Annual Percentage Yield (APY)1||Min. to Open||Min. to Earn|
|Share Savings||$10,000 - $24,999.99||0.25%||0.25%||$25||$10,000|
|Share Savings||$2,500 - $9,999.99||0.20%||0.20%||$25||$2,500|
|Share Savings||$100 - $2,499.99||0.15%||0.15%||$25||$100|
|Share Savings||less than $100||n/a||n/a||$25||n/a|
|Rates are effective as of 04/01/2023 and are subject to change without notice.
1Savings Rates: Dividends and annual percentage yields (APY) accurate as of the last dividend declaration date. The dividend rate and annual percentage yield may change after account opening. Fees could reduce earnings on the account.
Ready to take your savings to new heights? Let’s make it happen.
The benefits of a Business Savings account are endless. But here are a few of our favorites...
Designed to automate your savings and boost your earnings
Just choose how much money you want to keep in your business checking account. Then at the end of each day, we’ll sweep excess funds to your higher interest-earning savings account. And if your checking account balance doesn’t have enough money, funds are swept back in from your savings account as a form of overdraft protection.
Tip: With Sweeps, you can pay down your line of credit faster in order to save on interest! You can also connect your line of credit to your business checking account to act as form of overdraft protection.
Contact Business Services at 800-373-7600, ext. 234, or email us to start saving—and earning—with Sweeps.