October 12th, 2009
hysr Business customers are very special at Promerica Bank as it gives them eligibility to earn a much higher APY on a short term CD. If you are a business customer of Promerica Bank, you are eligible for a 1.50% Annual Percentage Yield for five months on a business relationship CD.
To qualify for the rate, you must:
- Be a business customer;
- Open a new business checking account concurrently;
- Make a minimum deposit of $10,000;
- Funds used to open the business checking account must be new money or money not coming from other deposits in the bank.
The rate effective February 17, 2009 is subject to change.
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