Effective: 07-18-2008
| Business
Accounts |
|
Interest
Rate |
|
Annual
Percentage Yield* |
Business Interest Checking
$.01
and over
|
1.99% |
2.00% |
Business IOLTA Account
$.01
and over |
0.75%
|
0.75% |
VHB
Business Money Market Account
$.01
- $9,999.99
$10,000 and over |
2.14%
2.34% |
2.15%
2.35% |
Business Signature
Savings
$.01
and over |
2.96% |
3.00% |
| CERTIFICATE
OF DEPOSITS minimum
to open: $500 |
| |
|
CDs |
|
Term |
Interest
Rate |
Annual Percentage Yield* |
3 Month |
2.71% |
2.75% |
6 Month |
2.96% |
3.00% |
9 Month |
2.96% |
3.00% |
12 Month |
3.06% |
3.10% |
15 Month
NO PENALTY** |
3.20% |
3.25% |
18 Month |
3.30% |
3.35% |
24 Month |
3.45% |
3.50% |
24 Month
NO PENALTY*** |
3.96% |
4.00% |
30 Month |
3.69% |
3.75% |
36 Month |
3.69% |
3.75% |
48 Month |
3.96% |
4.00% |
60 Month |
3.96% |
4.00% |
Rates are subject to change without notice. Fees may reduce earnings on checking and savings accounts.
Penalty for early withdrawal of CDs and during first seven business days of No Penalty CD.
*APY represents the Annual Percentage Yield.
**$5,000 minimum to open & One time penalty free withdrawal. Additional withdrawals are subject to standard penalties.
***$5,000 minimum to open & One time penalty free withdrawal. Additional withdrawals are subject to standard penalties. $500,000 maximum deposits allowed on a Special Promotion CD.
For more information please contact us:
11166 Fairfax Boulevard, Fairfax, VA 22030
703-359-4100