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Savings

Business Savings Rates

Business Statement SavingsAnnual Percentage Yields (APY) current as of November 28, 2022
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 November 28, 2022
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