Federal Deposit Insurance Corporation FDIC-Insured - Backed by the full faith and credit of the U.S. Government

Business Savings Rates 

  

Effective November 15, 2024

ProgramMinimum balance
to open account		Minimum balance
to avoid fees		Minimum Daily Balance to earn APYAPY*
 Business Deposit Accounts1,2,3

Business Money Market Account

$20

 $1,000

$50,000.00 or more
$20,000.00
$10,000.00
$0.01

1.50%
1.00%
0.95%
0.90%

Business Statement Savings Account

$0

$10

$0.01

0.20%

*Annual Percentage Yield (APY) effective as of date above and subject to change without notice. APY assumes interest remains on deposit for one year. Withdrawal of interest will reduce earnings. Interest is computed daily and compounded on a monthly basis.

IMPORTANT ACCOUNT INFORMATION

  1. Variable Interest - This means that the rate may change after the account is opened.
  2. Fees could reduce earnings on your account. Please refer to the Schedule of Account Fees – Business Accounts (pdf) or see a Bank employee for more information about terms and charges.
  3. You are permitted or authorized to make no more than six transfers and withdrawals, or a combination of such transfers and withdrawals, per statement cycle to another account at this Bank or to a third party by means of a pre-authorized or automatic transfer, or telephonic (including data transmission) agreement, order or instruction, debit card, or similar order and payable to third parties.

Welcome to Walpole!

For more information about our products or services, please visit our office, use our information request form or give us a call at (508) 668-1080. 

  

 

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