Benefits

  • Tiered interest rates allows you to earn more money with higher balances
  • Unlimited transactions

Requirements

  • A minimum balance of $10,000 required
  • $10 service charge if requirement not met

eServices

Business Progressive Money Market Rates

AmountInterest RateAPY*Compounded
$0.01 - $9,999.990.01%0.01%Monthly
$10,000.00 - $49,999.990.07%0.07%Monthly
$50,000.00 - $99,999.990.17%0.17%Monthly
$100,000.00 or More0.27%0.27%Monthly
*Your interest rate and Annual Percentage Yield (APY) may change at our discretion, at any time without notice.

Business Account Checklist

Be prepared for a smooth account opening process with this list of items.

  • Articles of Organization
  • Notice from IRS of Federal Tax Identification Number
  • Expected level of activities you will run through each account

Needed for anyone who owns 25% or more of the company and on one person who has significant control over the business:

  • Photocopy of valid driver's license
  • Name
  • Address
  • Date of birth
  • Social security number

Needed for all account signers:

  • Photocopy of valid driver's license
  • Name
  • Address
  • Date of Birth
  • Social security Number