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Business Checking Rates

Business Checking
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  • 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
Business Interest CheckingAnnual Percentage Yields (APY) current as of August 12, 2022
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%
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  • Available to Sole Proprietors owned and operated within Pennsylvania or New Jersey
  • $1.00 minimum balance required to open
  • $1,000.00 minimum balance required to earn the stated interest
  • Monthly maintenance service charge of $25.00 will be assessed when the average daily balance for the statement cycle falls below $1,000.00
  • 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
Community Interest CheckingAnnual Percentage Yields (APY) current as of August 12, 2022
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 0.20% 0.20%
$25,000.00 - $49,999.99 0.20% 0.20%
$50,000.00 - $99,999.99 0.20% 0.20%
$100,000.00 - $999,999.99 0.20% 0.20%
$1,000,000.00 - $2,499,999.99 0.20% 0.20%
$2,500,000.00 and above 0.30% 0.30%
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  • 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
  • $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 earnings on the account
  • Rates are subject to change at any time without notice
IOLTA & MJ-IOTA CheckingAnnual Percentage Yields (APY) current as of August 12, 2022
Tiers Interest Rate APY
All Balances 1.12% 1.13%
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  • 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