Rates

Rates effective as of 7/21/2015

PLEASE NOTE: As of May 7th, 2018, Georgetown Bank will become Salem Five Bank, and the rates listed below will no longer be accurate. For more information about Salem Five business product rates, please click here.

Checking Accounts

Account Type# Minimum to Open Minimum Amount to earn APY* Interest Rate APY*
Business Interest Checking$25.00$0.00 - $10,0000.00%0.00%
$10,000.01 and greater0.25%0.25%
Plus Interest Business Checking$25.00$0.00 - $10,0000.00%0.00%
$10,000.01 - $50,0000.50%0.50%
$50,000.01 - $100,0000.50%0.50%
$100,000.01 and greater0.50%0.50%

Account Type# Earnings Credit
Corporate Checking Earnings Credit0.40%

Money Market Products

Account Type# Minimum to Open Minimum Amount to earn APY* Interest Rate APY*
Business Money Market+$1,000.00$0.00 - $25,0000.50%0.50%
$25,000.01 - $50,0000.50%0.50%
$50,000.01 - $100,0000.50%0.50%
$100,000.01 - $250,0000.50%0.50%
$250,000.01 and greater0.85%0.85%