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All PurposeBank and VisionBank locations will be closed on Thursday November 24th in observance of Thanksgiving. You can still take care of your banking needs through PurposeBank online, your mobile app or by stopping by any of our conveniently located ATMs.

Business Savings Account Rates

Business Savings

Balance Rate APY
$1,000 - $4,999 0.05% 0.05%
$5,000 - $24,999 0.05% 0.05%
$25,000 - $49,999 0.10% 0.10%
$50,000 and Above 0.10% 0.10%

High Yield Business Money Market

Balance Rate APY
$25,000 - $49,999 0.15% 0.15%
$50,000 - $99,999 0.17% 0.17%
$100,000 - $199,999 0.25% 0.25%
$200,000 - $299,999 0.30% 0.30%
$300,000 - $999,999 0.35% 0.35%
$1,000,000 and Above 0.45% 0.45%

Interest rates and Annual Percentage Yield (APY) effective June 17, 2022
Interest rates and APY subject to change daily.
Account fees could reduce earnings on account.

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