Business
Rates
Share Savings
Business Savings Account Rates
| Type | Interest Rate | APY* |
|---|---|---|
| Share Savings(for balances on $5.00 or more) | 0.01% | 0.01% |
| Health Savings (HSA) | 0.25% | 0.25% |
| Rates accurate as of Nov 21, 2024 | ||
| *APY = Annual Percentage Yield. Rates are variable and subject to change without notice after account is opened. Fees can reduce earnings. Federally insured by NCUA. | ||
Money Market
Business Momentum Money Market Rates
| Amount | Interest Rate | APY* |
|---|---|---|
| $0.01 - $24,999.99 | 0.30% | 0.30% |
| $25,000.00 - $99,999.99 | 0.450% | 0.45% |
| $100,000.00 - $249,999.99 | 0.750% | 0.75% |
| $250,000.00 - $499,999.99 | 0.99% | 1.00% |
| $500,000.00 - $999,999.99 | 1.24% | 1.25% |
| $1,000,000.00 - $1,999,999.99 | 1.49% | 1.50% |
| $2,000,000.00 - $10,000,000 | 1.78% | 1.80% |
| Rates accurate as of Nov 21, 2024 | ||
| *APY = Annual Percentage Yield. Rates are variable and subject to change without notice after account is opened. Fees can reduce earnings. Federally insured by NCUA. | ||
Certificates of Deposit
Share, Traditional IRA, Roth IRA, HSA,^ Coverdell Education & Jumbo Certificate Rates
Minimum opening deposit for Jumbo CDs is $100,000.00. Minimum opening deposit for all other CDs is $50.00 unless otherwise noted below.| Term | Interest Rate | APY* | |
|---|---|---|---|
| 3 months1 | 0.499% | 0.50% | |
| 6 months1 | 1.243% | 1.25% | |
| 9 months1 | 1.243% | 1.25% | |
| 12 months1 | 1.490% | 1.50% | |
| 13 month special offer4 | 5.004% | 5.120% | |
| 13 month special offer5 | 4.621% | 4.720% | |
| 18 months1 | 1.490% | 1.50% | |
| 24 months1 | 1.588% | 1.60% | |
| 30 months1 | 1.588% | 1.60% | |
| 36 months1 | 1.933% | 1.95% | |
| 48 months1 | 2.031% | 2.05% | |
| 60 months1 | 2.129% | 2.15% | |
| 12 month Add-On2^ | 1.490% | 1.50% | |
| Jumbo 12 months3 | 1.736% | 1.75% | |
| Jumbo 24 months3 | 1.834% | 1.85% | |
| Jumbo 36 months3 | 2.178% | 2.20% | |
| Jumbo 48 months3 | 2.276% | 2.30% | |
| Jumbo 60 months3 | 2.374% | 2.40% | |
| Rates accurate as of Nov 21, 2024 | |||
| All youth under the age of 18 will receive an additional 0.25% APY to the stated rates unless otherwise noted. A penalty fee may be imposed if you withdrawal funds prior to the maturity date. Insured by NCUA. *APY= Annual Percentage Yield. 1Rate Protector allows a one time rate adjustment for 3-36 month term CDs and a two time rate adjustment for 37-60 month term CDs with no penalties or fees. 2^12 month add-on not eligible for additional 0.25% APY youth rate bump or rate protector adjustment. 12-month add-on CD not eligible for IRA CD's. HSA CD only available on the 12-month add-on CD rate and term. Contact a member service representative to open an HSA CD. 3Jumbo CD not available for Coverdell Education Savings Accounts. 4To receive the above stated 13-month term at 5.12% APY, 13-month CD must be opened with a minimum balance of $5,000 and be funded solely in new money (funds currently held at another financial institution), or have an “active” checking account (averages 8+ deposits or withdrawals per month in/out of Honor checking account). Unless “active” checking is present, existing funds at Honor CU cannot be combined with new money. 5To receive the above stated 13-month term at 4.72% APY, 13-month CD must be opened with a minimum balance of $5,000. Early withdrawal penalty is 120 days of interest for both promotional terms. Neither CD special is eligible for rate protector benefit, a one-time rate bump over the course of the term. Both 13-month CD terms will renew at standard 12-month term upon maturity. Limited time offer. Rates subject to change without notice. Insured by NCUA. | |||
Business Checking
Business Advantage Checking Account Rates
| Amount | Interest Rate | APY* |
|---|---|---|
| $2,500.00 - $9,999.99 | 0.050% | 0.05% |
| $10,000.00 - $24,999.99 | 0.100% | 0.10% |
| $25,000.00 - $49,999.99 | 0.150% | 0.15% |
| $50,000.00 - $99,999.99 | 0.200% | 0.20% |
| $100,000.00 - $249,999.99 | 0.250% | 0.25% |
| $250,000.00 + | 0.300% | 0.30% |
| Rates accurate as of Nov 21, 2024 | ||
| *APY = Annual Percentage Yield. $25 minimum opening deposit required. Rates are variable and subject to change without notice after account is opened. Fees can reduce earnings. Federally insured by NCUA. | ||
Accelerate Business Checking Account Rates
| Amount | Interest Rate | APY* |
|---|---|---|
| $0.01 - $100,000.00 | 1.00% | 1.00% |
| Rates accurate as of Nov 21, 2024 | ||
| *APY = Annual Percentage Yield. $25 minimum opening deposit required. 1.00% APY earned on balances of up to $100,000.00. Requires e-Statements, minimum of five incoming or outgoing ACH transactions and minimum one monthly online banking login per month to earn 1.00% APY. If any of the monthly requirements are failed to be met, monthly interest for that period will not be accrued. One account per business member. Fees may reduce earnings. Annual Percentage Yield (APY) as of 12/1/2020; Rate is variable and may change after account is opened. Insured By NCUA. | ||
Business Loan Rates
To grow your business, sometimes you need a little help. Expanding your office, or adding a new location? We can help with that. Buying new equipment? We can help with that too. Whatever your situation, we have a lending solution to meet your needs. We invite you to learn a little more about the business lending solutions we offer and then reach out to one of our business experts to get started.
