Geared For Growth
enjoy flexibility and a solid rate of return
Our Business Prime Money MarketA is designed for businesses with large balances that want market-responsive rates and liquidity. In addition, this account allows access to funds via multiple channels.
Features Include:
MINIMUM OPENING DEPOSIT
- $25,000
ANNUAL PERCENTAGE YIELD
- 4.00% on balances of $25,000 or more.
MINIMUM DAILY BALANCE
- $25,000 minimum daily balance required to obtain the stated Annual Percentage Yield (APY) and avoid $25 service charge
ACCOUNT ADVANTAGES
- Yield equivalent to, but not linked to, 50% of the Wall Street Journal Prime Rate.
For more information call 1‐833‐235‐7879.
A - New money only. New money is defined as money not on deposit with Inland Bank at or within 90 days prior to account opening. $25,000 minimum deposit required to open account. $25,000 minimum daily balance required to obtain the stated Annual Percentage Yield (APY) and avoid $25 monthly service charge. (See rate tiers below) Variable rate tiered product. Interest is calculated and paid on the entire balance in your account. We may change the interest rate and annual percentage yield (APY) on the first business day of each month, excluding federal holidays. Rates are accurate as of 05/01/23 and tiers are: Tier One $0-$24,999 = 0.00% APY / Interest Rate of 0.00%; Tier Two $25,000 and up = APY of 4.00% (which also happens to be 50.00% of Wall Street Journal Prime) / Interest Rate = 3.93%. Other activity restrictions and fees may apply, see our New Account Disclosure and Fee Schedule for Terms and Conditions, ask a banker for details. Fees could reduce earnings.
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ABOUT INLAND BANK
The Inland Advantage
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