Business Rates & Fees
Track the latest numbers for our business loans and deposit accounts
Save in many ways with Point Breeze Credit Union
Whether you need financing for a specific purchase or purpose or you're building up reserves, your business will benefit from our rates. These are the latest figures for our various options, plus an updated fee schedule.
Deposit Accounts
| Account Type | APY | Compounded & Credited | Minimum Balance to Open |
|---|---|---|---|
| Share/Savings | 0.10% | Quarterly | $5.00 |
| Essential Business Checking | 0.05% | Monthly | $0.00 |
*APY=Annual Percentage Yield. Rates are subject to change without notice and may change after the account is opened.
Certificate of Deposit
| Product | APY | Compounded & Credited | Minimum Balance to Open |
|---|---|---|---|
| 3 Month CD Special** | 4.75% | Monthly | $500 |
| 6 Month Standard CD | 4.00% | Monthly | $500 |
| 12 Month Standard CD | 4.30% | Monthly | $500 |
| 24 Month Standard CD | 3.75% | Monthly | $500 |
| 36 Month Standard CD | 3.75% | Monthly | $500 |
| 6 Month Jumbo CD | 4.00% | Monthly | $10,000 |
| 12 Month Jumbo CD | 4.30% | Monthly | $10,000 |
| 24 Month Jumbo CD | 3.75% | Monthly | $10,000 |
| 36 Month Jumbo CD | 3.75% | Monthly | $10,000 |
*APY=Annual Percentage Yield. APY assumes principal and interest remain on deposit for the full term. Early withdrawal penalties may apply if any portion of the principal is withdrawn prior to maturity. Interest earned may be withdrawn at any time without penalty. If a CD is closed before the accrued interest is credited, accrued interest will be paid.
**3 Month CD Special is exclusively for Business accounts, requires new money only (funds may not already be on deposit in a Point Breeze account) and will renew at the posted 6 Month Standard CD rate upon completion of the special offer period.
Business Loans Available. Talk to a representative for details.
Business Checking Plus
| Monthly Maintenance Fee | $6.00 |
| Deposited Items | $.10 per item* |
| Withdrawls | $.10 per item* |
| Cash Deposited/Provided | |
| Strapped | $1.00 per strap |
| Loose | $1.00 per 100 bills |
| Coin Deposited/Provided | $.10 per roll |
*The first 300 items/transactions processed each month are FREE. Items/transactions beyond the first 300 will incur a fee as described above. Fees may be offset by an Earnings Credit of 0.25% earned on the account balance.
Fees that exceed your Earnings Credit will be deducted from your account. If the
Earnings Credit is more than applicable fees, any remaining credit will not carry
over to the next month and will not be credited to the account.
Essential Business Checking
| Monthly Maintenance Fee | NONE |
| Deposited Items | $.10 per item* |
| Withdrawls | $.10 per item* |
| Cash Deposited/Provided | |
| Strapped | 20 free, then $1.00 per strap |
| Loose | $1.00 per 100 bills |
| Coin Deposited/Provided | 20 free, then $.10 per roll |
*The first 150 items/transactions processed each month are FREE. Items/transactions beyond the first 150 will incur a fee as described above. Interest will be credited on the first business day of the next calendar month.
- Checks payable to the business or organization must be deposited into the account of the payee. The depositor may not receive cash back from a depsoit.
- Cash may be withdrawn from the account by the proper issuance of a check from the account and signed by an authorized signer or combination thereof as required by the signature card.
- Third-party checks may not be cashed against the account.
Funds from deposits may not be available for immediate withdrawl.
Point Breeze Credit Union is a full-service financial institution with locations throughout Maryland.
Click here to view our Fee Schedule.