Savings

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Business Savings Rates

Business Statement SavingsAnnual Percentage Yields (APY) current as of **April 25, 2024**
Tiers	Interest Rate	APY
All Balances	0.10%	0.10%
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Business entity must be owned and operated within Pennsylvania or New Jersey
$1.00 minimum balance required to open
No minimum balance required to earn the stated interest
No monthly maintenance service charges
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

Escrow Banker SavingsAnnual Percentage Yields (APY) current as of **April 25, 2024**
Tiers	Interest Rate	APY
All Balances	0.03%	0.03%
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Business entity must be owned and operated within Pennsylvania or New Jersey
No monthly maintenance service charge
No minimum balance required to open
No minimum balance required to earn the stated interest
Interest is calculated on a simple interest basis & earned on the daily balance
Monthly consolidated statement
IRS reporting
Unlimited number of sub-accounts
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