DEPOSIT RATES

 

RATES EFFECTIVE

NOVEMBER 22, 2013 

ACCOUNT NAME

 

MINIMUM TO OPEN

 

TIER

 

RATE

 

APY

 

Business Interest Checking (a)

$5,000 All Balances 0.05% 0.05%
Available only to sole proprietorships and not-for-profit organizations

 

IOLTA Account (a)

$5,000 All Balances 0.68% 0.68%
Business Savings (a) $15,000 $0-50,000 0.05% 0.05%
$50,000.01-100,000 0.05% 0.05%
$100,000.01-250,000 0.10% 0.10%
$250,000.01 + 0.10% 0.10%
Business Money Market (a) $25,000 $0-50,000 0.05% 0.05%
$50,000.01-100,000 0.05% 0.05%
$100,000.01-250,000 0.10% 0.10%
$250,000.01-1,000,000 0.10% 0.10%
$1,000,000.01-5,000,000 0.10% 0.10%
$5,000,000.01 + 0.10% 0.10%
Business Sweep Money Market (a) N/A $0-50,000 0.10% 0.10%
$50,000.01-100,000 0.10% 0.10%
$100,000.01-250,000 0.10% 0.10%
$250,000.01-500,000 0.10% 0.10%
$500,000.01 + 0.10% 0.10%
Business CD < $100,000 (b) $10,000 7-89 Days 0.15% 0.15%
90-179 Days 0.15% 0.15%
180-364 Days 0.25% 0.25%
12 Months 0.30% 0.30%
24 Months 0.40% 0.40%
36 Months 0.45% 0.45%
48 Months 0.65% 0.65%
60 Months 0.90% 0.90%
Business CD > $100,000 (b) $100,000 7-89 Days 0.15% 0.15%
90-179 Days 0.15% 0.15%
180-364 Days 0.25% 0.25%
12 Months 0.30% 0.30%
24 Months 0.40% 0.40%
36 Months 0.45% 0.45%
48 Months 0.65% 0.65%
60 Months 0.90% 0.90%
Community Values CD (b)(d) $100,000 6 Months 0.25% 0.25%
12 Months 0.30% 0.30%
18 Months 0.35% 0.35%
24 Months 0.40% 0.40%

 
Account Agreement & Disclosure

a) The interest rate and annual percentage yield may change after account opening.
b) A penalty may be imposed for early withdrawal.
c) Bonus Feature - At the end of each calendar quarter, Presidio Bank will contribute the equivalent of 25 basis points, annualized on the average quarterly principle balance, excluding interest accrued but not yet paid, as a bonus payment to any qualifying Bay Area nonprofit the depositor chooses. Bank reserves the right, at its sole discretion, to approve any nonprofit's participation.
d) APY figures do not include the "bonus" payments to the nonprofits. Presidio Bank reserves the right to withdraw this offer at any time. A penalty for early withdrawal may apply. Fees may apply and could reduce earnings. All interest payments for the advertised APY will be made at the end of the term or annually, whichever occurs first. CDs are automatically renewed at maturity.

Fees could reduce the earnings on an account.

To request current rates please contact one of our local banking offices.