Business Deposit Rates
|
Account Type |
Dividend Rate |
APY* |
Min. to Open |
Compounded/Credited |
Min. to Earn APY* |
|---|---|---|---|---|---|
|
Current APY as of 1/10/2025. Rates are subject to change at any time and are not guaranteed. For additional information on your account please refer to the Business Fee Schedule. ^APY = Annual Percentage Yield. Qualified accounts earn up to 4.00% APY on balances up to $7,500 and 0.05% APY on balances over $7,500. Non-Qualified account balances earn 0.05% APY. Qualified accounts must have 10 or more posted Debit Card transactions (excluding ATM transactions) per month and eStatements. Failure to meet any one of these requirements during a calendar month will cause the account to default to the Non-Qualified account rate of 0.05% APY. APY as of 1/10/2025 and is subject to change. Dividends compounded monthly. No minimum balance to open. Fees may reduce earnings. This offer can be withdrawn at any time. |
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|
Account Type Advantage Business Checking |
Dividend Rate n/a |
APY* n/a |
Min. to Open None |
Compounded/Credited n/a |
Min. to Earn APY* n/a |
|
Account Type Non-Profit Business Checking |
Dividend Rate 0.05% |
APY* 0.05% |
Min. to Open None |
Compounded/Credited Quarterly/Quarterly |
Min. to Earn APY* $1,000 |
|
Account Type Premier Business Checking |
Dividend Rate 0.05% |
APY* 0.05% |
Min. to Open None |
Compounded/Credited Quarterly/Quarterly |
Min. to Earn APY* $2,500 |
|
Account Type High-Yield Business Checking |
Dividend Rate up to 3.928%^ |
APY* up to 4.00%^ |
Min. to Open None |
Compounded/Credited Monthly |
Min. to Earn APY* n/a |
|
Account Type |
Dividend Rate |
APY* |
Min. to Open |
Compounded/Credited |
Min. to Earn APY* |
|---|---|---|---|---|---|
|
Current APY as of 1/10/2025. Rates are subject to change at any time and are not guaranteed. For additional information on your account please refer to the Business Fee Schedule. *APY = Annual Percentage Yield. Qualified accounts earn up to 2.00% APY on balances up to $50,000 and 0.05% APY on balances over $50,000. Non-Qualified account balances earn 0.05% APY. Qualified accounts must have direct deposit to any 1st Advantage checking account each month. Failure to meet this qualification during a month will cause the account to default to the Non-Qualified account rate of 0.05% APY. APY as of 1/10/2025 and is subject to change. $100 minimum average daily balance to earn dividends. Dividends compounded monthly. Limit one (1) High-Yield Savings account per member. No minimum balance to open. Fees may reduce earnings. This offer can be withdrawn at any time. Rates subject to change. Insured by NCUA. |
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|
Account Type Regular Business Savings |
Dividend Rate 0.05% |
APY* 0.05% |
Min. to Open $5 |
Compounded/Credited Quarterly/Quarterly |
Min. to Earn APY* $100 |
|
Account Type High-Yield Business Savings |
Dividend Rate up to 1.982%* |
APY* Up to 2.00%* |
Min. to Open $0 |
Compounded/Credited Monthly |
Min. to Earn APY* $100 |
|
Average Daily Balance** |
Dividend Rate |
Annual Percentage Yield (APY) |
|---|---|---|
|
*APY = Annual Percentage Yield. ** Average Daily Balance required to earn dividends. The Money Market Account tier dividend rates and APY as of 1/10/2025 are subject to change daily. Dividends compounded monthly. Fees may reduce earnings. If you have any questions or require current rate information please call the credit union at 757-886-3333. |
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Average Daily Balance** $0 – $24,999.99 |
Dividend Rate 0.00% |
Annual Percentage Yield (APY) 0.00% |
|
Average Daily Balance** $25,000.00 – $49,999.99 |
Dividend Rate 1.193% |
Annual Percentage Yield (APY) 1.20% |
|
Average Daily Balance** $50,000.00 – $74,999.99 |
Dividend Rate 1.292% |
Annual Percentage Yield (APY) 1.30% |
|
Average Daily Balance** $75,000.00 – $99,999.99 |
Dividend Rate 1.292% |
Annual Percentage Yield (APY) 1.30% |
|
Average Daily Balance** $100,000.00 – $249,999.99 |
Dividend Rate 1.982% |
Annual Percentage Yield (APY) 2.00% |
|
Average Daily Balance** $250,000 – $499,999.99 |
Dividend Rate 2.276% |
Annual Percentage Yield (APY) 2.30% |
|
Average Daily Balance** $500,000 – $999,999.99 |
Dividend Rate 3.203% |
Annual Percentage Yield (APY) 3.25% |
|
Average Daily Balance** $1,000,000 and up |
Dividend Rate 3.928% |
Annual Percentage Yield (APY) 4.00% |
|
Average Daily Balance** |
Dividend Rate |
Annual Percentage Yield (APY) |
|---|---|---|
|
*APY = Annual Percentage Yield. ** Average Daily Balance required to earn dividends. The Money Market Account tier dividend rates and APY as of 1/10/2025 are subject to change daily. Dividends compounded monthly. Fees may reduce earnings. If you have any questions or require current rate information please call the credit union at 757-877-2444. |
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Average Daily Balance** $1,000.00 – $2,499.99 |
Dividend Rate 0.00% |
Annual Percentage Yield (APY) 0.00% |
|
Average Daily Balance** $2,500.00 – $9,999.99 |
Dividend Rate 0.50% |
Annual Percentage Yield (APY) 0.50% |
|
Average Daily Balance** $10,000.00 – $24,999.99 |
Dividend Rate 0.648% |
Annual Percentage Yield (APY) 0.65% |
|
Average Daily Balance** $25,000.00 – $49,999.99 |
Dividend Rate 0.648% |
Annual Percentage Yield (APY) 0.65% |
|
Average Daily Balance** $49,999.99 – $74,999.99 |
Dividend Rate 0.648% |
Annual Percentage Yield (APY) 0.65% |
|
Average Daily Balance** $75,000.00 – $99,999.99 |
Dividend Rate 0.747% |
Annual Percentage Yield (APY) 0.75% |
|
Average Daily Balance** $100,000 – $249,999.99 |
Dividend Rate 0.747% |
Annual Percentage Yield (APY) 0.75% |
|
Average Daily Balance** $250,000 – $499,999.99 |
Dividend Rate 0.995% |
Annual Percentage Yield (APY) 1.00% |
|
Average Daily Balance** $500,000 – $999,999.99 |
Dividend Rate 1.094% |
Annual Percentage Yield (APY) 1.10% |
|
Average Daily Balance** $1,000,000 and up |
Dividend Rate 1.440% |
Annual Percentage Yield (APY) 1.45% |
|
Share Certificate |
Dividend Rate |
Annual Percentage Yield (APY) |
|---|---|---|
|
$500 Minimum balance to open for all shares except 40 Month ($5,000 Minimum). *Member has option to bump up rate one (1) time during term. Dividends calculated on average daily balance and compounded quarterly. The rates listed are accurate and effective as of 1/10/2025. Rates & terms are subject to change without notification. A penalty and/or account closure will be imposed for withdrawals before maturity. For additional information on your account please refer to the Business Fee Schedule. ***To qualify for 8-month certificate rate of 4.00% APY, member must have direct deposit to any 1st Advantage checking account. If no direct deposit, rate is 3.50% APY. Additional offers may not be combined. |
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|
Share Certificate 6 Month |
Dividend Rate 1.195% |
Annual Percentage Yield (APY) 1.20% |
|
Share Certificate 8 Month*** |
Dividend Rate 3.941% |
Annual Percentage Yield (APY) 4.00% |
|
Share Certificate 11 Month |
Dividend Rate 2.966% |
Annual Percentage Yield (APY) 3.00% |
|
Share Certificate 12 Month |
Dividend Rate 0.996% |
Annual Percentage Yield (APY) 1.00% |
|
Share Certificate 24 Month |
Dividend Rate 2.722% |
Annual Percentage Yield (APY) 2.75% |
|
Share Certificate 36 Month |
Dividend Rate 2.722% |
Annual Percentage Yield (APY) 2.75% |
|
Share Certificate 40 Month* |
Dividend Rate 1.990% |
Annual Percentage Yield (APY) 2.00% |
|
Share Certificate 48 Month |
Dividend Rate 2.722% |
Annual Percentage Yield (APY) 2.75% |
|
Share Certificate 55 Month |
Dividend Rate 2.722% |
Annual Percentage Yield (APY) 2.75% |
|
Share Certificate 60 Month |
Dividend Rate 2.722% |
Annual Percentage Yield (APY) 2.75% |