Business Certificate of Deposit Specials
| Term |
APY2 |
Minimum to Open and to Obtain APY |
Interest
Paid |
| 7 Month CD Special |
5.35%
|
$5,000 (with 50% in "new money" to receive 5.35%.) |
At Maturity |
| 15 Month CD Special |
5.35% |
$10,000 (with initial deposit in new money) |
Monthly |
Business Certificate of Deposits (CD)1
| Term |
APY** |
Minimum To Open and To Obtain APY |
Interest
Paid |
| 6-11 Months |
{{ratesnum.89}}% |
$1,000 |
At Maturity |
| 12-17 Months |
{{ratesnum.90}}% |
$1,000 |
Monthly |
| 18-23 Months |
{{ratesnum.91}}% |
$1,000 |
Monthly |
| 24-35 Months |
{{ratesnum.92}}% |
$1,000 |
Monthly |
| 36-47 Months |
{{ratesnum.93}}% |
$1,000 |
Monthly |
| 48-59 Months |
{{ratesnum.94}}% |
$1,000 |
Monthly |
| 60 Months Special |
{{ratesnum.95}}% |
$1,000 |
Monthly |
|
|
Business Money Market
| Account Balance |
APY |
Minimum To Open and To Obtain APY |
Interest
Paid |
| $2,500.00 - $9,999.99 |
{{ratesnum.102}}% |
$2,500 |
Monthly |
| $10,000.00 - $24,999.99 |
{{ratesnum.103}}% |
$2,500 |
Monthly |
| $25,000.00 - $49,999.99 |
{{ratesnum.104}}% |
$2,500 |
Monthly |
| $50,000.00 - $99,999.99 |
{{ratesnum.105}}% |
$2,500 |
Monthly |
| $100,000.00 and Above |
{{ratesnum.106}}% |
$2,500 |
Monthly |
|
|
Current rates (Annual Percentage Yield) as of 7/1/2023.
1 Penalty may be imposed for early withdrawal. Fee could reduce the earnings on the account. Once a particular range is met, the Dividend Rate and Annual Percentage Yield for that balance range will apply to the full balance of your account.
2 Minimum opening deposit of $1,000 for the 15 month special. To earn the additional APY, 50% of the funds must not be on deposit at Avadian is required. If the 50% deposit is not met, the APY is 4.00 APY. Fees could reduce earnings on the account. Minimum opening deposit of $10,000 for the 33 month special. To earn the additional APY, 50% of the funds must not be on deposit at Avadian is required. If the 50% deposit is not met, the APY is 3.40% APY. Penalty may be imposed for an early withdrawal.
Note: Rates are subject to change without notice.