Business Product Terms & Conditions

Minimum Opening Deposit

$100.00

Statement Cycle

Monthly

Monthly Maintenance Fee

$10.00¹

LendingClub Fee to Use SUM or MoneyPass ATM (“In-Network ATMs”)

$0.00
Plus, no charge by ATM owner

LendingClub Fee to Use Out-of-Network ATM

$0.00
However, service fees charged by out-of-network
banks or ATM owners may apply²

Domestic Outgoing Wire (Business)

$18.00

International Outgoing Wire

$40.00

Daily Balance Computation Method -- 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. Tailored Checking accounts earn interest at the interest rate and annual percentage yield in effect for the portion of the account balance within each appropriate tier. For example, if your account balance is $110,000.00, you would earn the then current rate for the first two balance tiers ($0.00 -$99,999.99) for $99,999.99 of the balance. You would earn the then current rate for the third balance tier ($100,000.00 and more) for the remaining $10,000.00 of your account balance.

Accrued interest is credited to the balance in the account on the last business day of the statement cycle. We use a monthly statement cycle. Accrued interest that is credited to the balance in the account begins to earn interest no later than the next business day and compounds with each statement cycle.

If you close your account or convert your account to a non-interest bearing account before accrued interest, if any, is credited you will not receive the accrued interest.

The following chart shows the annual percentage yield (“APY”) and interest rate effective as of 07/11/2025. Interest rates and the annual percentage yield are variable and are subject to change at any time at the discretion of the bank. Rates may change prior to funding and any interest being earned.

Portion of Balance Earning Rate

Interest Rate

APY Range

$0.00 - $499.99

0.25%

0.25%

$500.00- $99,999.99

0.25%

0.25%

$100,000.00 and more

0.10%

0.25% - 0.10%

The Debit Card Rewards Program (“Cash Back Rewards”) provides 1.00% cash-back on all Qualified Purchases using a debit card tied to an Eligible Account.

Eligible Accounts are: Tailored Checking accounts that maintain an average monthly balance of $500.00 for the calendar month in review.

Qualified Purchases are defined as: Signature-based purchases made using the debit card tied to an Eligible Account. These are “credit” purchases that can be made in stores and online. To make a signature-based purchase, select “credit” rather than debit at point-of-sale kiosks. The “credit” option is most often pre-selected when making purchases online using a debit card. Online subscription payments may not be considered signature-based purchases. The payment transaction type(signature-based or other) is ultimately decided by the merchant and is based on how the transaction is transmitted at the time of processing. Qualified Purchases do not include: (1) any goods or services purchased that are returned or otherwise credited to your Eligible Account; (2) unlawful purchases; or (3) purchases of currency,cash or cash equivalents (including, without limitation, currency from the U.S. Mint, Travelers Checks, gift cards, cryptocurrency, casino chips, peer to peer payments,prepaid debit cards, account openings, loan payments, or other cash equivalents).

We may report the value of Cash Back Rewards to the IRS as required by law. Any client whose tax status would require us to impose tax withholding of any sort will not be eligible for Cash Back Rewards.

Accounts are reviewed after the end of each month. Any earned Cash Back Rewards will be credited to your account on or before the 10th calendar day of the next calendar month. The Eligible Account must be open and active at the time the Cash Back Reward is credited.

Eligibility

Account open for 30 days or less

Account open for more than 30 days

Accounts that maintain an end of day Relationship Balance of >$2,000 for >7 consecutive calendar days¹

Accounts that maintain an end of day Relationship Balance of >$10,000 for >30 consecutive calendar days OR >$30,000 for >7 consecutive calendar days¹

Accounts that maintain an end of day Relationship Balance of >$50,000 for >60 consecutive calendar days OR >$150,000 for >7 consecutive calendar days¹

Incoming External Transfers (ACH) (daily limit)

$10,000

$10,000

$250,000

$250,000

$250,000

Outgoing External Transfers (ACH) (daily limit)

$10,000

$10,000

$10,000

$50,000

$250,000

Mobile Deposit (daily limit)

$25,000

$25,000

$50,000

$150,000

$250,000

Debit Card Transactions (daily limit)

$5,000 signature-based (“credit”) transactions

$5,000 PIN-based point of sale transactions

$2,000 ATM withdrawal

$5,000 signature-based (“credit”) transactions

$5,000 PIN-based point of sale transactions

$2,000 ATM withdrawal

$5,000 signature-based (“credit”) transactions

$5,000 PIN-based point of sale transactions

$2,000 ATM withdrawal

$5,000 signature-based (“credit”) transactions

$5,000 PIN-based point of sale transactions

$2,000 ATM withdrawal

$5,000 signature-based (“credit”) transactions

$5,000 PIN-based point of sale transactions

$2,000 ATM withdrawal

Minimum Opening Deposit

$100.00

Statement Cycle

Monthly

Monthly Maintenance Fee

$0.00

Abandoned Property

$50.00 per account

LendingClub Fee to Use SUM or MoneyPass ATM (“In-Network ATMs”)

$0.00
Plus, no charge by ATM owner

LendingClub Fee to Use Out-of-Network ATM

$0.00
However, service fees charged by out-of-network
banks or ATM owners may apply

Domestic Outgoing Wire (Business)

$18.00

International Outgoing Wire

$40.00

Daily Balance Computation Method -- 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. Your account earns interest on the entire account balance each day at the interest rate and annual percentage yield in effect for the appropriate balance tier. Accrued interest is credited to the balance in the account on the last business day of the statement cycle. We use a monthly statement cycle. Accrued interest that is credited to the balance in the account begins to earn interest no later than the next business day and compounds with each statement cycle.

Accrued interest is credited to the balance in the account on the last business day of the statement cycle. We use a monthly statement cycle. Accrued interest that is credited to the balance in the account begins to earn interest no later than the next business day and compounds with each statement cycle.

If you close your account or convert your account to a non-interest bearing account before accrued interest, if any, is credited you will not receive the accrued interest.

The following chart shows the annual percentage yield (“APY”) and interest rate effective as of 07/11/2025. Interest rates and the annual percentage yield are variable and are subject to change at any time at the discretion of the bank. Rates may change prior to funding and any interest being earned.

Balance to Earn Interest

Interest Rate

APY

$0.00 - $9.99

1.49%

1.50%

$10.00 - $2,499.99

1.49%

1.50%

$2,500.00 - 24,999.99

1.49%

1.50%

$25,000 or more

1.49%

1.50%

Eligibility

Accounts that maintain an end of day Relationship Balance of >$2,000 for >7 consecutive calendar days¹

Accounts that maintain an end of day Relationship Balance of >$10,000 for >30 consecutive calendar days OR >$30,000 for >7 consecutive calendar days¹

Accounts that maintain an end of day Relationship Balance of >$50,000 for >60 consecutive calendar days OR >$150,000 for >7 consecutive calendar days¹

Incoming External Transfers (ACH)

$250,000

$250,000

$250,000

Outgoing External Transfers (ACH)

$10,000

$50,000

$250,000

Mobile Deposit

$50,000

$150,000

$250,000

ATM Transactions (daily limit)

$2,000 ATM withdrawal

$2,000 ATM withdrawal

$2,000 ATM withdrawal