See our rates for Business Checking, Savings Accounts, and Share Certificates.
APY = Annual Percentage Yield
APR = Annual Percentage Rate
Business Checking and Savings Accounts
Regular Savings
|
|
Dividend Rate |
Annual Percentage Yield |
Dividend Paid |
|
Business Savings |
0.10% |
0.10% APY |
Quarterly |
Sharedraft Checking
|
|
Dividend Rate |
Annual Percentage Yield |
Dividend Paid |
|
Business Checking |
0.05% |
0.05% APY |
Monthly |
Money Market Checking
|
|
Dividend Rate |
Annual Percentage Yield |
Dividend Paid |
|
Business Money Market $25.00 - $10,000.00 |
0.55% |
0.55% APY |
Monthly |
|
Business Money Market $10,000.01 - $25,000.00 |
0.65% |
0.65% APY |
Monthly |
|
Business Money Market $25,000.01 - $50,000.00 |
1.25% |
1.26% APY |
Monthly |
|
Business Money Market $50,000.01 - $100,000.00 |
1.60% |
1.61% APY |
Monthly |
|
Business Money Market $100,000.01 - $250,000.00 |
2.72% |
2.75% APY |
Monthly |
|
Business Money Market $250,000.01 and over |
3.93% |
4.00% APY |
Monthly |
Share Premium Savings
|
|
Dividend Rate |
Annual Percentage Yield |
Dividend Paid |
|
Business Share Premium Savings $25.00 - $1,000.00 |
0.15% |
0.15% APY |
Monthly |
|
Business Share Premium Savings $1,000.01 - $10,000.00 |
0.30% |
0.30% APY |
Monthly |
|
Business Share Premium Savings $10,000.01 - $25,000.00 |
0.40% |
0.40% APY |
Monthly |
|
Business Share Premium Savings $25,000.01 - $50,000.00 |
0.50% |
0.50% APY |
Monthly |
|
Business Share Premium Savings $50,000.01 - $100,000.00 |
0.55% |
0.55% APY |
Monthly |
|
Business Share Premium Savings $100,000.01 and over |
0.65% |
0.65% APY |
Monthly |
Business Share Certificates
|
Term |
Minimum Deposit |
Dividend Rate |
Annual Percentage Yield |
Dividend Paid |
|
6 Month |
$250 |
1.24% |
1.25% APY |
Monthly |
|
7 Month Special |
$250 |
4.43% |
4.50% APY |
Quarterly |
|
12 Month |
$250 |
2.72% |
2.75% APY |
Quarterly |
|
19 Month Special |
$250 |
3.94% |
4.00% APY |
Quarterly |
|
24 Month |
$250 |
2.97% |
3.00% APY |
Quarterly |
|
36 Month |
$250 |
3.75% |
3.80% APY |
Quarterly |
|
48 Month |
$250 |
3.50% |
3.55% APY |
Quarterly |
|
60 Month |
$250 |
3.40% |
3.44% APY |
Quarterly |
Business Account Rate Disclosures
- APY = annual percentage yield.
- Substantial early withdrawal penalties apply for Share Certificates
- $25 minimum balance required to earn dividends and Dividend accounts which earn dividends on balances over $1,000.
- No dividend is paid if an account is closed prior to the dividend pay date.
- All rates are subject to change without notice at the discretion of Simplicity Credit Union.
- Please contact Simplicity for verification of current rates.
- Review the terms and conditions for full account details.
