Business Interest Rates

Deposit Rates

Effective date 03-25-2024

Deposit Rates
PRODUCT NAME	INTEREST RATE	ANNUAL PERCENTAGE YIELD (APY)
Business Money Market Account*
$1,000.00-$4,999.99	0.10%	0.10%
$5,000.00-$9,999.99	0.10%	0.10%
$10,000.00-$24,999.99	0.15%	0.15%
$25,000.00 and above	0.20%	0.20%


Business Savings**
$1,000.00 and above	0.15%	0.15%

Enterprise Savings***
$10,000.00-$249,999.99	0.40%	0.40%
$250,000.00-$999,999.99	0.50%	0.50%
$1,000,000.00 and above	0.60%	0.60%

Certificates of Deposit⁺

CD Rates
	CD		IRA
	Rate	APY	Rate	APY
1 Month CD	0.15%	0.15%	0.15%	0.15%
3 Month CD	0.20%	0.20%	0.20%	0.20%
4 Month CD	4.40%	4.50%	4.40%	4.50%
6 Month CD	3.44%	3.50%	3.44%	3.50%
9 Month CD	3.44%	3.50%	3.44%	3.50%
11 Month CD	4.41%	4.50%	4.41%	4.50%
12 Month Liquid CD	0.10%	0.10%	N/A	N/A
12 Month CD	2.96%	3.00%	2.96%	3.00%
13 Month CD	3.44%	3.50%	3.44%	3.50%
15 Month CD	0.25%	0.25%	0.25%	0.25%
18 Month CD	2.96%	3.00%	2.96%	3.00%
19 Month CD	2.96%	3.00%	2.96%	3.00%
24 Month CD	2.96%	3.00%	2.96%	3.00%
30 Month CD	0.40%	0.40%	0.40%	0.40%
36 Month CD	1.98%	2.00%	1.98%	2.00%
48 Month CD	0.75%	0.75%	0.75%	0.75%
60 Month CD	4.02%	4.10%	4.02%	4.10%

Business Money Market Account^*

APY (Annual Percentage Yield is accurate as of 3/25/24. A Minimum balance of $1,000.00 is required to open the account and obtain the advertised APY. Fees may reduce earnings. Rates are subject to change at any time at our sole discretion. Contact an Alma Bank employee for further information about applicable fees and terms. FDIC Insured.

Business Savings^**

Enterprise Savings^***

APY (Annual Percentage Yield) is accurate as of 3/25/24. A Minimum balance of $10,000.00 is required to open the account and obtain the advertised APY. Enterprise Savings accounts are only available to customers who have an Enterprise Checking Account. Fees may reduce earnings. Rates are subject to change at any time at our sole discretion. Contact an Alma Bank employee for further information about applicable fees and terms. FDIC Insured.

Certificates of Deposit⁺

APY (Annual Percentage Yield) for all accounts accurate as of 3/25/2024. In order to receive the advertised APY, principal and interest must remain on deposit until maturity. A minimum balance of $2,500.00 is required to open the account and obtain the APY; and $240,000.00 is the maximum amount allowed per account. Fees may reduce earnings. Multiple accounts per customer are permitted. Early withdrawal penalties apply. Contact an Alma Bank employee for further information about applicable fees and terms. FDIC insured.

Visit your local Alma Bank Branch today or call 718.267.ALMA (2562) to get started.

Open An Account

Give us a call718-267-ALMA (2562)