Business Certificate of Deposit Specials
| Term |
APY2 |
Minimum to Open and to Obtain APY |
Interest
Paid |
| 7 Month CD Special |
5.15%
|
$5,000 (with 50% in "new money") |
At Maturity |
| 15 Month CD Special |
5.00% |
$10,000 (with initial deposit in new money) |
Monthly |
New Business Money Market Account Special
| Account Balance |
APY3 |
Minimum to Open and to Obtain APY |
Interest
Paid |
| $10,000 or above in new money3 |
4.00% |
$10,000 |
Monthly |
Business Certificate of Deposits (CD)1
| Term |
APY** |
Minimum To Open and To Obtain APY |
Interest
Paid |
| Six Month |
{{ratesnum.89}}% |
$1,000 |
At Maturity |
| 12 Months |
{{ratesnum.90}}% |
$1,000 |
Monthly |
| 18 Months |
{{ratesnum.91}}% |
$1,000 |
Monthly |
| 24 Months |
{{ratesnum.92}}% |
$1,000 |
Monthly |
| 36 Months |
{{ratesnum.93}}% |
$1,000 |
Monthly |
| 48 Months |
{{ratesnum.94}}% |
$1,000 |
Monthly |
| 60 Months |
{{ratesnum.95}}% |
$1,000 |
Monthly |
|
|
Business Money Market
| Account Balance |
APY |
Minimum To Open and To Obtain APY |
Interest
Paid |
| $2,500.00 - $9,999.99 |
{{ratesnum.102}}% |
$2,500 |
Monthly |
| $10,000.00 - $24,999.99 |
{{ratesnum.103}}% |
$2,500 |
Monthly |
| $25,000.00 - $49,999.99 |
{{ratesnum.104}}% |
$2,500 |
Monthly |
| $50,000.00 - $99,999.99 |
{{ratesnum.105}}% |
$2,500 |
Monthly |
| $100,000.00 and Above |
{{ratesnum.106}}% |
$2,500 |
Monthly |
|
|
Current rates (Annual Percentage Yield) as of March 1, 2024.
1Penalty may be imposed for early withdrawal. Fee could reduce the earnings on the account. Once a particular range is met, the Dividend Rate and Annual Percentage Yield for that balance range will apply to the full balance of your account.
2For the Seven-Month CD Special, the minimum opening deposit is $5,000 and half the initial deposit must be in funds not on deposit at Avadian in the past 30 days ire required. For the 15-Month CD Special, the minimum opening deposit of $10,000 in funds must not be on deposit at Avadian in the past 30 days is required. Fees could reduce earnings on the account. Penalty may be imposed for an early withdrawal.
3 To earn the stated APY, the funds must not have been held at Avadian within the last 30 days. The Business Money Market must be a new account and funded with funds not held at Avadian within the last 30 days. If the average daily balance goes below $10,000, the APY will adjust to 0.30%.
Note: Rates are subject to change without notice.