OUR WEST SPRINGFIELD BRANCH OFFICE HAS MOVED TO 85 ELM STREET. THE ENTRANCE WILL TEMPORARILY BE LOCATED ON CENTRAL STREET. THERE IS CURRENTLY NO ATM AT THIS BRANCH.

Deposit Rates for Business Accounts


Business Savings Account

Rates Effective: 09/17/2021

Savings Product Annual Percentage Yield (APY) Annual Interest Rate Minimum Deposit to Open
Business Savings Account 0.01% 0.01% $1,000.00
  • Rate may change after account opening.
  • Fees could reduce earnings on the account.


Business Money Market Account

Rates Effective: 09/17/2021

Tiers

Annual Percentage Yield (APY) Annual Interest Rate Minimum Deposit to Open Minimum Daily Balance to Earn Stated APY
TIER 1: $0 - $20,000.00 0.010% 0.010% $1,000.00 $0.01
TIER 2: $20,000.01 and up 0.070% 0.070% $1,000.00 $20,000.01
  • Rate may change after account opening.
  • Fees could reduce earnings on the account.