Middlesex Federal

Business Deposit Rates

Business Checking

Effective: May 15, 2020

Minimum to Open Minimum Balance to Earn APY Interest Rate Annual Percentage Yield (APY)
Easy Interest Business Checking $50 $0.01 0.10% 0.10%

Business Money Market

Effective: May 15, 2020

Minimum to Open Minimum Balance to Earn APY Interest Rate Annual Percentage Yield (APY)
$50 - $9,999.99 $50 $50 0.10% 0.10%
$10,000 - $49,999.99 $50 $10,000 0.25% 0.25%
$50,000 - $99,999.99 $50 $50,000 0.50% 0.50%
$100,000 - $249,999.99 $50 $100,000 0.50% 0.50%
$250,000 - $999,999.99 $50 $250,000 0.50% 0.50%
$1,000,000.00 - $2,999,999.99 $50 $1,000,000 0.50% 0.50%
$3,000,000.00 or more $50 $3,000,000 0.50% 0.50%

Certificates of Deposit

Effective: May 15, 2020

Minimum to Open Minimum Balance to Earn APY Interest Rate Annual Percentage Yield (APY)
3 Month $500 $0.01 0.15% 0.15%
6 & 8 Month $500 $0.01 0.40% 0.40%
12 Month $500 $0.01 0.50% 0.50%
13 Month $500 $0.01 0.55% 0.55%
18 Month $500 $0.01 0.60% 0.60%
19 Month* $500 $0.01 0.80% 0.80%
24 Month $500 $0.01 0.60% 0.60%
30 Month $500 $0.01 0.75% 0.75%
31 Month* $500 $0.01 1.00% 1.00%
36 Month $500 $0.01 1.00% 1.01%
48 Month $500 $0.01 1.00% 1.01%
60 Month $500 $0.01 1.05% 1.06%
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