Business Checking Rates
- Business entity must be owned and operated within Pennsylvania or New Jersey
- Non-interest bearing account
- $1.00 minimum balance required to open
- No minimum balance required
- No monthly maintenance service charge
- No per check fees, per deposit fees or per item fees
Tiers | Interest Rate | APY |
---|---|---|
$0.00 - $999.99 | 0.00% | 0.00% |
$1,000.00 - $9,999.99 | 0.10% | 0.10% |
$10,000.00 - $24,999.99 | 0.10% | 0.10% |
$25,000.00 - $49,999.99 | 0.10% | 0.10% |
$50,000.00 - $99,999.99 | 0.10% | 0.10% |
$100,000.00 and above | 0.10% | 0.10% |
- Available to Sole Proprietors owned and operated within Pennsylvania or New Jersey or Businesses enrolled in our Insured Cash Sweep (ICS) program
- $1.00 minimum balance required to open
- $1,000.00 minimum balance required to earn the stated interest
- 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
- This is a tiered-rate account. The interest rate and APY may change after account opening
- Fees may reduce the earnings on the account
- Rates are subject to change at any time without notice
Tiers | Interest Rate | APY |
---|---|---|
$0.00 - $999.99 | 0.50% | 0.50% |
$1,000.00 - $9,999.99 | 0.50% | 0.50% |
$10,000.00 - $24,999.99 | 0.50% | 0.50% |
$25,000.00 - $49,999.99 | 0.50% | 0.50% |
$50,000.00 - $99,999.99 | 1.00% | 1.01% |
$100,000.00 - $999,999.99 | 1.00% | 1.01% |
$1,000,000.00 - $2,499,999.99 | 1.00% | 1.01% |
$2,500,000.00 and above | 1.24% | 1.25% |
- Available to Not-for-Profit organizations owned and operated within Pennsylvania or New Jersey
- $1.00 minimum balance required to open
- No monthly maintenance service charge
- 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
- This is a tiered-rate account. The interest rate and APY may change after account opening
- Fees may reduce earnings on the account
- Rates are subject to change at any time without notice
Tiers | Interest Rate | APY |
---|---|---|
All Balances | 3.38% | 3.44% |
- Business entity must be owned and operated within Pennsylvania
- No monthly maintenance service charge
- No minimum balance required to open
- No minimum balance required to earn the stated interest
- Interest is compounded daily & earned on the daily balance
- This is a variable rate account. The interest rate and APY may change after account opening
- Fees may reduce the earnings on the account
- Rates are subject to change at any time without notice