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High Interest + High Liquidity for Your Business
Business Money Market Account I.
Open your account now and earn 1.50%3 APY through 12/31/18. It’s the perfect account for idle funds in your business and especially good for condominium associations.
All APYs (Annual Percentage Yield) are accurate as of 4/27/18. Promotion offers may be withdrawn without notice. Other fees and limitations may apply. Substantial penalty for early cer tificate of deposit withdrawal. Fees may reduce earnings. 1. All cer tificates of deposit are limited to $250,000 maximum, are available to local residential households only and funds must be new to Pacific Global Bank. IRAs are not eligible for these promotion certificates. $5,000 minimum to obtain promotional rate. 2. $5,000 minimum to obtain promotional rate. Client may exercise a step-up in rate one time prior to maturity at the yield of the most recent week’s One Year Treasury Bill (weekly average yield on United States Treasury securities adjusted to a constant maturity of one year, as made available by the Federal Reserve Board) plus 0.50% APY, until the maturity of the original deposit. The highest rate will not be more than 6.00% APY. Client may exercise the step-up only during the first term. If the option is not exercised during the original term, the 5 year step-up certificate will renew for 5 years as a standard certificate of deposit at our then current rate. 3. Valid for new accounts only and guaranteed until 12/31/2018. Earn 1.50% Annual Percentage Yield for up to $100,000 balance. Over $100,000 earn our regular Money Market Account rate of 0.90% APY. Minimum balance is $5000 to avoid monthly service fee of $15.00. Account limited to 6 preauthorized withdrawals or transfers per month. For larger balances, ask about our Business Money Market Account II.
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