Business Banking

Deposit Products

Business Deposit Rates1

Effective September 15, 2014

Small Business Checking

Minimum Daily Balance for APY Minimum Opening Balance Interest Rate Annual Percentage Yield2 Minimum Daily Balance to Avoid Monthly Fees 
All Balances  $100 N/A  N/A  No Monthly Fee 

Business NOW Checking3

Minimum Daily Balance for APY Minimum Opening Balance Interest Rate Annual Percentage Yield2 Minimum Daily Balance to Avoid Monthly Fees 
$2,500  $100 0.60% 0.60% $2,500

Business Money Market Checking

Minimum Daily Balance for APY Minimum Opening Balance Interest Rate Annual Percentage Yield2 Minimum Daily Balance to Avoid Monthly Fees 
$0.01-$2,499.99  $2,500 0.25% 0.25% $2,500
$2,500-$9,999.99   0.25% 0.25%  
$10,000 and over   0.40% 0.40%  

IOLTA Checking4

Minimum Daily Balance for APY Minimum Opening Balance Interest Rate Annual Percentage Yield2 Minimum Daily Balance to Avoid Monthly Fees 
All Balances  $10 1.00% 1.00% None

Business Admiral Savings

Minimum Daily Balance for APY Minimum Opening Balance Interest Rate Annual Percentage Yield2 Minimum Daily Balance to Avoid Monthly Fees 
All Balances $10 0.25% 0.25% None

Business Premier Money Market Savings

Minimum Daily Balance for APY Minimum Opening Balance Interest Rate Annual Percentage Yield2 Minimum Daily Balance to Avoid Monthly Fees 
$0.01-$49,999.99  $2,500 0.25% 0.25% $2,500
$50,000-$99,999.99   0.40% 0.40%  
$100,000+   0.60% 0.60%  

Certificates of Deposit (Penalty for early withdrawal)

Account NameMinimum Daily Balance for APY Minimum Opening Balance Interest Rate Annual Percentage Yield2 
3-Month CD All Balances $1,000 0.20% 0.20%
6-Month CD All Balances $1,000 0.30% 0.30%
9-Month CD All Balances $1,000 0.40% 0.40%
12-Month CD All Balances $1,000 0.40% 0.40%
13-Month CD - Special All Balances $1,000 0.60% 0.60%
15-Month CD All Balances $1,000 0.50% 0.50%
18-Month CD - Special All Balances $1,000 0.75% 0.75%
24-Month CD All Balances $1,000 0.80% 0.80%
30-Month CD - Special All Balances $1,000 1.49% 1.50%
36-Month CD All Balances $1,000 0.85% 0.85%
48-Month CD All Balances $1,000 1.10% 1.10%
60-Month CD All Balances $1,000 1.34% 1.35%

1 Rates are subject to change without notice after account is opened for all accounts except Certificates of Deposits

2 Services fees may reduce earnings

3 Only Sole-Proprietors operating under their social security number or qualified non-profits are eligible for Business NOW Checking

4 Bank of Cape Cod is an approved IOLTA Depository and is recognized as a Leadership Institution.

Rediscover Local Banking

The Management, Associates and Directors of Bank of Cape Cod believe in the Cape Cod community and are committed to making a difference in the lives of its businesses and residents.

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