COASTAL CHECKING
Our Coastal Checking account is an interest-bearing account. This checking account is for those clients who for a small fee would like to receive a higher interest rate while maintaining an active checking account.
FEATURES
- 3.32% APY* on balances up to $10,001
- Opening Deposit $500
- To obtain APY you must sign up for one-direct deposit at account opening.
- No Monthly Service Fee
- Paperless Banking
- Free Online & Mobile Banking**
- Access to 55,000+ fee-free Pulse, Presto and Allpoint® ATMs worldwide***
*3.32% Annual Percentage Yield applies to balances below $10,001. Balances of $10,001 and over will earn an APY between 3.32% and 1.01% APY. To obtain the APY you must sign up for at least one direct deposit at account opening. $500 minimum to open. Fees may reduce earnings. **You may be charged fees by the provider of the wireless network you are using to access mobile banking and mobile deposit services. ***No Fees at Pulse, Presto and Allpoint ATMs. Worldwide includes the USA, United Kingdom, Canada, Australia, and Mexico.
Rate current as of 07/22/2024. Rates are subject to change.
MONEY MARKET
Both our Personal and Business Money Market accounts are interest-bearing accounts, which offer the flexibility of check- writing and preferential tiered interest rates.
FEATURES
- No Monthly Fee When Certain Criteria is Met1
- Opening Deposit $2,500
- Tiered Interest Rate
- No charge for up to 9 debit items2
- Paperless Banking
- Free Online & Mobile Banking3
- Access to 55,000+ fee-free Pulse, Presto and Allpoint®ATMs worldwide4
|
MONEY MARKET ACCOUNTS |
|
Minimum to Open |
Minimum to Obtain APY |
RATE |
ANNUAL PERCENTAGE YIELD |
|
|
$2,500 |
$2,500 |
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|
Daily Balance1 |
||||||
|
$2,500-$49,999 |
$2,500 |
2.90% |
2.94% |
|||
|
$50,000-$99,999 |
$50,000 |
3.15% |
3.20% |
|||
|
$100,000 -$199,999 |
$100,000 |
3.40% |
3.46% |
|||
|
$200,000 -$499,999 |
$200,000 |
3.65% |
3.72% |
|||
|
$500,000 and over |
$500,000 |
3.90% |
3.98% |
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1 Monthly service fee of $15 is waived if you maintain a daily minimum balance of $2,500. 2An Excessive Transaction Fee of $3 will be charged for each debit item after 9 per statement cycle. 3You may be charged fees by the provider of the wireless network you are using to access mobile banking and mobile deposit services.4No Fees at Pulse, Presto and Allpoint ATMs. Worldwide includes the USA, United Kingdom, Canada, Australia, and Mexico.
Rate current as of 07/22/2024. Rates are subject to change.
CERTIFICATES OF DEPOSIT (CDs)
Our CDs are available for personal or business purposes. If you have extra cash that you do not need access to for a period of time, we have a safe and secure CD with great rates for you.
Terms range from 3 months to 60 months. Minimum deposit to open is $5,000.
|
CERTIFICATES OF DEPOSIT3 |
TERM |
Minimum to Open |
Minimum to Obtain APY |
RATE ($250K or less) |
ANNUAL PERCENTAGE YIELD4 |
|
3 MONTH |
$5,000 |
$5,000 |
4.55% |
4.65% |
|
|
6 MONTH |
$5,000 |
$5,000 |
4.75% |
4.86% |
|
|
12 MONTH |
$5,000 |
$5,000 |
4.65% |
4.76% |
|
|
24 MONTH |
$5,000 |
$5,000 |
4.40% |
4.50% |
|
|
36 MONTH |
$5,000 |
$5,000 |
4.25% |
4.34% |
|
|
48 MONTH |
$5,000 |
$5,000 |
4.00% |
4.08% |
|
|
60 MONTH |
$5,000 |
$5,000 |
3.50% |
3.56% |
Annual Percentage Yield (APY) assumes principal and interest remain in the account for one year or Term of CD. Deposits insured by the FDIC up to the maximum allowed. Please refer to the Deposit Account Agreement for withdrawal and transaction limits and the Fee Schedule for account related fees. Fees may reduce earnings. Early withdrawal penalties may apply.
Rate current as of 07/22/2024. Rates are subject to change.