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Business Deposit Products:  ACCOUNT RATES

Rates as of:  November 1, 2008

Savings and Checking Account Interest Rates

Account Type

Minimum Balance* to Obtain Annual Percentage Yield

Annual Percentage Yield (APY)

Interest

Rate: %

Business Regular or Statement Savings

Any Amount

0.35**

0.35

SBC Biz Choice

$0.00

to $999.99
$1,000.00 to $9,999.99
$10,000.00 to $24,999.99

$25,000.00

& over
0.25**
0.30**
0.40**

0.50**

0.25
0.30

0.40

0.50

SBC Biz Money Market

$0.00 to $9,999.99
$10,000.00 to $24,999.99
$25,000.00 to $99,999.99
$100,000.00 to $249,999.99

$250,000.00

& over
0.50**
1.75**
1.75**
1.75**

1.75**

0.50
1.74
1.74
1.74

1.74

*Daily Balance (The amount of principal in the account each day)

** The annual percentage yield (APY) and interest rate are accurate as of the date shown above.

Fees could reduce earnings on an account. See account disclosures for details.

 

Certificate of Deposit Interest Rates

Account Type

Minimum Balance* to  Obtain APY

Annual Percentage Yield (APY)

Interest

Rate

30-day

$1,000.00

1.50

1.49

60-day

$1,000.00

1.75

1.73

90-day

$1,000.00

1.99

1.98

182-day

$1,000.00

2.00

1.99

1-year

$1,000.00

2.50

2.48

2-year

$1,000.00

3.00

2.98

3-year

$1,000.00

3.10

3.08

4-year

$1,000.00

3.20

3.17

5-year

$1,000.00

3.30

3.27

*Daily Balance (The amount of principal in the account each day)

The annual percentage yield (APY) and interest rate are accurate as of the date shown above.

A penalty may be imposed for early withdrawal of time deposit accounts.

 

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