Product Name
|
Interest Rate
|
Annual Percentage Yield (APY)
|
Minimum Daily Balance*
|
Lighthouse Business Money Market Account
|
0.25%
|
0.25%
|
Equal to or greater than $0.00 but less than $50,000.00
|
|
5.00%
|
5.12%
|
Equal to or greater than $50,000.00 but less than $500,000.00
|
|
5.00%
|
5.12%
|
Equal to or greater than $500,000.00 but less than $1,500,000.00
|
|
5.00%
|
5.12%
|
Equal to or greater than $1,500,000.00
|
Annual Percentage Yield (APY) is effective 10/5/2023. Minimum balance to open an account and earn the Annual Percentage Yield of 5.12% for the Lighthouse Business Money Market Account is $50,000. The interest rate is variable and may change, at our discretion, without notice. Deposits are insured in full.
|