MAKE MORE MONEY WITH YOUR EXCESS BUSINESS CASH -
Pacific Trust Bank provides a variety of business accounts and services and offers highly competitive rates for our business and professional customers.
When it comes to business banking, Pacific Trust Bank is the place to stash your cash. Here are great account choices for your business to earn a higher rate of return on its money:
Business Savings
A Business Savings account allows you to earn interest, and make deposits and withdrawals at any time, in any amount. Interest rates on this account are tiered - Larger account balances will earn higher interest rates. Please see our current Business Account Interest Rates.
Limitations on certain types of telephone and electronic transfers may apply. If you maintain the required daily minimum balance you will not be charged a monthly service charge. If your balance falls below the required minimum, a monthly service charge will be deducted from your account on the last business day of the calendar month or statement period. For fees, refer to the applicable Business Fee Schedule.
- $500 minimum balance to open account
- $1,000 daily minimum balance to waive maintenance fee
- Unlimited withdrawals if made in person. Otherwise, limit of 6 withdrawals per month. Only 3 by telephone, online banking transfer and /or POS/ACH to 3rd parties
- Interest accrues daily and is paid quarterly on the accounts daily principal balances
- Interest rates and rate tier levels may change at any time
Business Market Rate Account
A Business Market Rate Account is a money market deposit account that provides your business with an opportunity to earn a great rate of interest on your account balances while the money remains fully liquid and easily accessible. Interest rates on this account are tiered - Larger account balances will earn higher interest rates. Please see our current Business Account Interest Rates.
Limitations on certain types of telephone and electronic transfers may apply. Your account will not be subject to the monthly service charge if you maintain the required average monthly balance. If a service charge is assessed, it will be deducted from your account monthly. For fees, refer to the applicable Business Fee Schedule.
- $2,000 minimum balance to open account
- $5,000 average monthly balance to waive maintenance fee
- Unlimited withdrawals if made in person. Otherwise, limit of 6 withdrawals per month. Only 3 by telephone, online banking transfer and /or POS/ACH to 3rd parties
- Interest is accrued daily and paid monthly on the accounts daily principal balances
- Interest rates and rate tier levels may change at any time
Business Indexed Money Market Account
A Business Indexed Money Market Account is a money market deposit account that provides you with the opportunity to earn a highly competitive market rate of interest while your money remains fully liquid and easily available.
The interest rate and Annual Percentage Yield on your Business Indexed Money Market Account will be adjusted weekly, and is based on the most recent 3-month US Treasury Bill auction rate. Please see our current Business Account Interest Rates.
Each day that the principal balance is $25,000 or greater in your Business Indexed Money Market Account, you will earn this exceptional rate of return. Should the balance in your Business Indexed Money Market Account fall below $25,000, no interest will be earned that day.
This account will not be subject to a monthly service charge if you maintain the required minimum daily balance. Otherwise, a monthly service charge is assessed. For fees, refer to the applicable Business Fee Schedule.
- $25,000 minimum balance to open account
- $10,000 daily minimum account balance to waive maintenance fee
- Variable-rate, adjustable weekly.
- Interest accrues daily each day the account balance is $25,000 or greater, and is paid monthly
- Unlimited withdrawals if made in person. Only 3 by telephone, online banking transfer and /or POS/ACH to 3rd parties
Business Time Deposits (CDs)
Business Time Deposit accounts give you flexibility with a guaranteed rate of return that is fixed for your choice of our standard maturity terms. You can invest any amount from $500 to $1,000,000 with terms (maturity periods) from 30 days to 60 months. Please see our current Business Account Interest Rates.
Business Time Deposit accounts automatically renew for the same term at the interest rate in effect on the account’s maturity date. Interest rates for Business Time Deposit accounts are set by the Bank and are subject to market conditions, your account’s balance and term.
- $500 minimum balance to open account
- Fixed rate with terms ranging from thirty (30) days to five (5) years
- Interest is normally paid and compounded monthly. Other interest payment terms are available upon request.
- Early withdrawal penalty may apply
- Account auto-renews upon maturity at then offered interest rates. No interest is earned and no early withdrawal penalty applies on auto-renewed accounts if funds are withdrawn within 7 days of the auto-renewal date.
Negotiated Time Deposits
Your Negotiated Time Deposit account may be opened for $95,000 or more, and is available with a fixed maturity for terms of your choice from thirty days to one year. Terms greater than one year are available subject to market conditions and Bank policy.
Negotiated Time Deposit accounts must mature on a Bank business day, will not automatically renew, and will stop earning interest on their maturity date. Interest rates for these accounts are subject to market conditions, your account’s balance and term. Call us at (877) 441-BANK or visit your Pacific Trust Bank office to discuss our currently offered rates for the Negotiated Time Deposit amount and term of your choosing.
- $95,000 minimum balance to open account
- Fixed rate with depositor choice of terms ranging from thirty (30) days to one (1) year. Other terms available subject to current Bank policy.
- Interest is normally paid and compounded monthly. Other interest terms are available upon request.
- Early withdrawal penalty may apply
- Will not auto-renew. No interest earned on and after the maturity date.
The unique needs of your business are important to us, and you can count on us to provide service that's so good - it's guaranteed.
Not sure which account is right for you?
