Sunflower Business Savings
Harvest more with Sunflower Business Savings 4.00% APY1!
Our high-yield Sunflower Business Savings account helps your balance grow with a high interest rate. Balances are federally insured for at least $250,000, as First Fed is a member FDIC bank.
Features include:
- 4.00% APY1 as of 4/1/2024
- Online and mobile banking
This online account only requires a $50,000 minimum opening deposit of new money. The annual percentage yield (APY) is variable and may change at the bank’s discretion.1 The $5 monthly maintenance fee is waived with $100 minimum daily balance.2
Start growing your savings with a higher rate today!
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How much can your business make with 4.00% APY1
| Your savings balance: | You make after 12 months:* |
| $50,000 | $1,998.81 |
| $100,000 | $3,997.63 |
| $500,000 | $19,988.13 |
| $1,000,000 | $39,976.27 |
*The annual percentage yield (APY) is variable. Interest earnings calculation assumes that the rates stay the same, interest remains on deposits, and no withdrawals are taken. Fees can reduce earnings.
How to access your funds in Sunflower Business Savings
- Use online banking or mobile banking to initiate a payment or electronic fund transfer (ACH)
- Visit one of our full-service branches for a withdrawal or to initiate a wire transfer
Note: Business savings accounts do not have ATM cards, debit cards, or checks.
Sunflower Business Savings
| Account Type | Interest Rate | APY* | Method of Compounding | Minimum Deposit to Open |
|---|---|---|---|---|
| Sunflower Business Savings | 3.92% | 4.00% | Daily | $50,000 |
Interest Rates Effective: 4/1/2024
Revised: 4/1/2024
1 The annual percentage yield (APY) is variable and may change at the bank’s discretion. New money is described as funds not previously held on deposit at First Fed within the last 30 days. Annual Percentage Yield assumes principal and interest remain on deposit for one year at the same interest rate. Fees could reduce earnings. Interest rates for the above accounts may change after the account is opened. No minimum balance to earn APY.
2 Monthly maintenance fee of $5 if balance drops below $100 at any time. If the balance at the time the maintenance fee is assessed is less than $5, a charge will be assessed for the balance, less .01.
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Considering Other Accounts?
Earn up to 4.25% APY!
Our Certificates of Deposit (CDs) offer businesses competitive fixed rates and varied term lengths, including our 25-month CD with a 4.25% APY. View our current CD specials!
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