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Rate Schedule

Rate Schedule


Rate Schedule for Business Checking

Interest rates and annual percentage yields are subject to change on a daily basis. Fees may reduce earnings on accounts.

 

Business Checking Products

Annual Percentage Yields and Interest Rates Effective as of: 10/12/2021
Performance Business Checking(1) Interest
Rate
Annual
Percentage
Yield (APY)
Minimum
Balance to
Open
Minimum
Balance* to
Earn Interest
Interest
Compounded/Paid
Tier 1 $0 - $2,499.99 0.02% 0.02% $750 $0 Daily/Monthly
Tier 2 $2,500 - $249,999.99 0.02% 0.02% $750 $2,500 Daily/Monthly
Tier 3 $250,000 - $999,999.99 0.02% 0.02% $750 $250,000 Daily/Monthly
Tier 4 $1,000,000 - $2,499,999.99 0.04% 0.04% $750 $1,000,000 Daily/Monthly
Tier 5 $2,500,000 & Over 0.04% 0.04% $750 $2,500,000 Daily/Monthly
Performance Business Checking(1) Interest
Rate
Annual
Percentage
Yield (APY)
Minimum
Balance to
Open
Minimum
Balance* to
Earn Interest
Interest
Compounded/Paid
Tier 1 $0 - $2,499.99 0.02% 0.02% $750 $0 Daily/Monthly
Tier 2 $2,500 - $249,999.99 0.02% 0.02% $750 $2,500 Daily/Monthly
Tier 3 $250,000 - $999,999.99 0.02% 0.02% $750 $250,000 Daily/Monthly
Tier 4 $1,000,000 - $2,499,999.99 0.04% 0.04% $750 $1,000,000 Daily/Monthly
Tier 5 $2,500,000 & Over 0.04% 0.04% $750 $2,500,000 Daily/Monthly

The interest rate is determined by the balance tier and is paid on the entire balance of the account.

CPB