Business Boost Money Market
EARN 4.75% APY* on Balances of $25,000 or More!
- Minimum Balance Requirement of $25,000
- $0-$24,999 earns 0.80% APY
- $25,000+ earns 4.75% APY (Rate will adjust to Fed Funds rate minus 50 bps)
- Free Transfers/Withdrawls, up to 6 per month*
- No Monthly Service fee* on qualified accounts
| Business Premier Money Market | ||||||
| Effective Date: Saturday, July 27th, 2024 | ||||||
| Balance | $0.00 - $2499.99 | $2,500 – $14,999.99 | $15,000 – $24,999.99 | $25,000 – $49,999.99 | $50,000 – $99,999.99 | $100,000 or more |
| Annual Percentage Yield | 0.80% | 0.80% | 0.80% | 4.75% | 4.75% | 4.75% |
| APY = Annual Percentage Yield. All rates subject to change without notice. Call 901.380.7400 for current rate information. The minimum required to open the above accounts is the same as the minimum required to earn corresponding interest. | ||||||
Don’t miss out on this offer. Call (901) 380-7400, or visit one of our branch locations.
*High Yield Money Market interest is based upon the current Federal Funds Rate minus 50 bps, currently 4.75% APY (Annual Percentage Yield), and is compounded and paid monthly. The APY is an annualized rate that reflects estimated dividend earnings based on the dividend rate and frequency of compounding. The annual percentage yield is accurate as of 7/1/2024 and may change monthly. The APY is subject to a ceiling of 4.75% and a floor rate of .75%. Funds are available for transfer/withdrawal, 7+ transfers/withdrawals per month will incur a charge of $5.00 per instance. Accounts that fall below the minimum balance requirement of $25,000 will incur a $15.00 monthly service fee. Federally insured by NCUA. Offer subject to change or withdrawal without notice. Please see us for complete details.
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