Alert: To Better Serve You and Your Online Banking Experience: Enterprise Bank will perform technology infrastructure maintenance on Sunday, September 20th , between 5:30 am and 4:30 pm. During this time online banking services may experience intermittent interruptions. Please make arrangements to use online banking services prior to or immediately following this temporary interruption. If you have any questions, please contact your Enterprise Banker or our Call Center during regular business hours at 978-459-9000. We apologize for any inconvenience this maintenance may cause. For a list of our branch locations and hours, click . here Personal Banking Business Online Banking Business Suite Online Banking
Business Deposit Interest Rates
Rates are effective September 9, 2020 and are subject to change without notice. APY refers to Annual Percentage Yield*. Fees may reduce earnings on all accounts. Rates may vary after account opening with the exception of CD rates which are guaranteed for the full length of the term.
Tier (Balance) APY Interest Rate Average Daily Balance to Earn APY Tier 1 ($1 - $24,999) 0.02% 0.02% $1,000.00 Tier 2 ($25,000 - $49,999) 0.02% 0.02% $1,000.00 Tier 3 ($50,000 - $99,999) 0.05% 0.05% $1,000.00 Tier 4 ($100,000 - $499,999) 0.05% 0.05% $1,000.00 Tier 5 ($500,000 - $1,999,999) 0.10% 0.10% $1,000.00 Tier 6 ($2,000,000 and above) 0.15% 0.15% $1,000.00
Premier Business Money Market Account is available to Select Business Checking or Total Business Checking account customers only. *Interest accrues on money market accounts from $.01, but is not paid unless the minimum average daily balance to earn APY is maintained for the monthly statement cycle. Transfers from a savings or money market account to another account or to third parties by preauthorized, automatic, telephone or data transfer or by check, draft, or similar order to third parties are limited to six per statement cycle.
Business Certificate of Deposit Accounts
Period APY Interest Rate Average Daily Balance to Earn APY 3 Months 0.10% 0.10% $2,500.00 6 Months 0.25% 0.25% $2,500.00 12 Months 0.40% 0.40% $500.00 18 Months 0.50% 0.50% $500.00 24 Months 0.60% 0.60% $500.00 30 Months 0.60% 0.60% $500.00 36 Months 0.60% 0.60% $500.00 48 Months 0.60% 0.60% $500.00 60 Months 0.60% 0.60% $500.00 72 Months 0.60% 0.60% $500.00
A penalty may be imposed for early withdrawal from a CD. For CDs with terms of less than 12 months, interest is not compounded and will be paid at maturity. For CDs with terms of 12 months or greater, interest will be compounded and paid monthly. Other terms and rates may be available, please contact us for details.
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