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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
|
|
|
|
|
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**
|
|
|
|
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**
|
|
|
*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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