Business Deposit Account Rates

*Rates accurate as of 5/14/2024.  Rates subject to change anytime.  APY = Annual Percentage Yield.

CDs 1

Term

Min. Balance to Open & Obtain APY*

APY*

Interest Rate

6-Month

$1,000

5.00%

4.91%

12-Month

$1,000

5.25%

5.15%

2-Year

$1,000

2.35%

2.33%

3-Year

$1,000

4.02%

3.96%

4-Year

$1,000

2.75%

2.72%

5-Year

$1,000

3.00%

2.97%

Term

6-Month

Min. Balance to Open & Obtain APY*

$1,000

APY*

5.00%

Interest Rate

4.91%

Interest Rate

4.09%

Term

12-Month

Min. Balance to Open & Obtain APY*

$1,000

APY*

5.25%

Interest Rate

5.15%

Interest Rate

3.94%

Term

2-Year

Min. Balance to Open & Obtain APY*

$1,000

APY*

2.35%

Interest Rate

2.33%

Interest Rate

Term

3-Year

Min. Balance to Open & Obtain APY*

$1,000

APY*

4.02%

Interest Rate

3.96%

Interest Rate

Term

4-Year

Min. Balance to Open & Obtain APY*

$1,000

APY*

2.75%

Interest Rate

2.72%

Interest Rate

Term

5-Year

Min. Balance to Open & Obtain APY*

$1,000

APY*

3.00%

Interest Rate

2.97%

Interest Rate

*Minimum balance to open/obtain the APY. Early withdrawal may be subject to penalty. Fees may reduce earnings.

MONEY MARKET ACCOUNTS 2

Account Type

Min. Balance to Open

Min. Balance to Obtain APY*

APY*

Interest Rate

Business Money Market

3,4

$1,000

$1,000,000 or more

3.15%

3.11%

$1,000

$250,000 – $999,999

2.65%

2.62%

$1,000

$100,000 – $249,999

2.15%

2.13%

$1,000

$25,000 – $99,999

1.90%

1.88%

$1,000

Less than $25,000

1.60%

1.59%

Account Type

Business Money Market

3,4

Min. Balance to Open

$1,000

Min. Balance to Obtain APY*

$1,000,000 or more

APY*

3.15%

Interest Rate

3.11%

Account Type

Min. Balance to Open

$1,000

Min. Balance to Obtain APY*

$250,000 – $999,999

APY*

2.65%

Interest Rate

2.62%

Account Type

Min. Balance to Open

$1,000

Min. Balance to Obtain APY*

$100,000 – $249,999

APY*

2.15%

Interest Rate

2.13%

Account Type

Min. Balance to Open

$1,000

Min. Balance to Obtain APY*

$25,000 – $99,999

APY*

1.90%

Interest Rate

1.88%

Account Type

Min. Balance to Open

$1,000

Min. Balance to Obtain APY*

Less than $25,000

APY*

1.60%

Interest Rate

1.59%

SAVINGS ACCOUNTS 2

Account Type

Min. Balance to Open

Min. Balance to obtain APY*

APY*

Interest Rate

Statement Savings 5

$50

$100

0.08%

0.08%

Account Type

Statement Savings 5

Min. Balance to Open

$50

Min. Balance to obtain APY*

$100

APY*

0.08%

Interest Rate

0.08%

APY: Annual Percentage Yield.

(1) Early withdrawal may be subject to penalty.
(2) The rate may change after the account is opened for variable rate accounts.
(3) Ixonia Bank limits preauthorized and/or automatic transfers (including telephone and Internet Banking transfers) and withdrawals (check, draft, debit card or similar order) to six per month. You may make unlimited “in person” or ATM withdrawals.
(4) If balance falls below $1,000 any time during the statement cycle, a monthly service charge of $5.00 plus a $0.25 per check and withdrawal fee will apply.
(5) If balance falls below the $100 minimum any time during the statement cycle, a monthly service charge fee of $3.00 will apply.

New money is defined as money not currently held at Ixonia Bank. The rate may change after the account is opened for variable rate accounts. Fees imposed could reduce the earnings on accounts. Early withdrawal may be subject to penalty. Ask us for other applicable fees, terms and additional details. Member FDIC.