Earn more for your money! For higher-yield savings that are readily available for withdrawals without penalty, open a Business Money Market account. There’s no minimum balance or minimum deposit required to open this account. Interest is tiered at levels of $1,000, $25,000, $50,000, $250,000 and $1,000,000. (And once you reach the next tier, your entire balance earns the higher rate!)
Business Savings Deposit Rates
Account | APY* | Notes |
---|---|---|
Business Money Market | 1.00% | Actual Daily Balance $1,000 - $24,999.99 |
1.00% | Actual Daily Balance $25,000 - $49,999.99 | |
1.50% | Actual Daily Balance $50,000 - $249,999.99 | |
1.75% | Actual Daily Balance $250,000 - $999,999.99 | |
1.00% | Actual Daily Balance $1,000,000+ |
Rates effective as of September 1, 2023. Rates may change without notice after account opening.
Credit union membership is required to obtain Linn Area products. $5 minimum deposit required.
Any fees incurred could reduce earnings.