*Simple Business Line of Credit Promotional Rate is a variable rate based upon an index and a margin. The rate will vary with the First Bank Prime Rate (the index) and is based on First Bank Prime Rate plus 0.75%. The line of credit will mature 24 months after origination. If the line of credit is renewed, the interest rate will be adjusted to the then current floating market rate. This offer applies only to applications for a new Simple Business Solutions Line of Credit received from 4/23/18 through 6/22/18 on requests of $100,000 or less. Simple Business Line of Credit subject to credit approval.
** Promotional money market rate of 1.05% annual percentage yield (APY) is guaranteed for a minimum of 12 months. Promotional rate requires a minimum average daily balance of $10,000. Offer applies to new deposits only. If the average minimum balance falls below $10,000, the rate will revert to the base rate for the account at that time. Balances below $1,000 do not earn interest. For money market accounts, federal regulations limit telephone, online, third party or pre-authorized transfers to six per month. If you exceed these limits, a $25 “excessive transaction fee” will be assessed one time for each statement cycle in which your account exceeds the limit. Fees may reduce earnings. FDIC insurance covers up to $250,000 per depositor.
Offers expire on 6/22/18 and are subject to change without notice.