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Business Savings

Put your business's money to work. Earn Interest on your balance while maintaining full access to your funds when you need it. Before you open an account, we encourage you to visit our FAQ page to review a list of required documentation and disclosures. 

  • Competitive interest rates and quarterly statements and interest postings
  • Unlimited deposits and withdrawals
  • Free Online Banking
  • 24/7 Telephone Banking
  • Direct Deposit option
  • Free ATM Cards with access to over 80,000 surcharge-free ATMs within the Allpoint* and MoneyPass* networks and unlimited use of Maspeth Federal ATMs 

*While we don’t charge a fee for use at another bank’s ATM, note that the other bank might charge a fee. International fees may apply.

Effective Date: Saturday, April 27, 2024

Checking Rates

Minimum BalanceInterest RateAPY (Annual Percentage Yield)
$100.000.49%0.50%

You must deposit $250.00 to open this account. The minimum balance shown is required to achieve the stated Annual Percentage Yield. All above Annual Percentage Yields are accurate as of today's date. Rates are subject to change without notice. Above rates on non-term accounts may change after the account is opened. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Applicable fees could reduce earnings on account. Please ask one of our customer service representatives for further information regarding the fees (if any), terms and conditions for the above-mentioned accounts. Disclosure statements are available at all branch locations. FDIC Insured.