Business Connector Checking
Interest Rates EffectiveAs Of: 05/01/2008
| Deposit Tier | Interest Rate | APY |
| $0 - 4,999.99 | 0.15% | 0.15% |
| $5,000 - $19,999.99 | 1.00% | 1.00% |
| $20,000 - $49,999.99 | 1.74% | 1.75% |
| $50,000 - $99,999.99 | 2.96% | 3.00% |
| $100,000 + | 2.96% | 3.00% |
APY = Annual Percentage Yield
Features
- $25 monthly fee for balances below $5,000
- Must have a P1 Business Checking Account to qualify for this account
- Must have a credit card or loan relationship to qualify for this account
- Interest Bearing*
- Up to 6 (Total) transactions per month1
- Unlimited "Over-the-Counter" Transactions
- Check Images returned with statement
- Overdraft/Sweep available2
- Armored Car Service available3
- Free Telephone Banking
- Free Internet Banking4
Notes
Requirements
- Minimum to open: $5,000
- Minimum to avoid fee: $5,000
- You may only make 6 (six) transfers from your account each statement cycle - transfers by checks to third parties, ACH or other third party transfers may not exceed 3 (three).
- $5 per sweep
- Prices vary with market
- No setup or monthly charge. Optional Bill Pay service cannot be used with this account.
*All rates set by management and are subject to change without notice. For account regulations and restrictions, please consult an account representative. Applicable maintenance/service fees may reduce earnings.
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