These interest rates may change at any
time without prior notice. Interest rates may change after your
account is opened. Fees charged may reduce earnings on your account.
*APY - ANNUAL PERCENTAGE YIELD
Personal Accounts
| SERVICES |
ACCOUNT TYPE |
MINIMUM TO OPEN |
MINIMUM TO
AVOID
MAINTENANCE FEE |
*APY |
|
Piedmont Checking
|
Personal Checking
(DDA) |
$100 |
No minimum with direct deposit or
average daily balance of $500 |
N/A |
|
Piedmont Prestige
Checking
|
Personal Interest Checking (NOW) |
$100 |
Average daily balance of $1,500 in
checking or average daily balance in savings, Money
Market, CD, and IRA accounts of $7,500 |
0.50% |
Piedmont Platinum
Checking |
Personal Interest Checking (NOW) |
$100 |
Average daily balance of $2,500 in
checking or average daily balance in savings, Money Market,
CD, and IRA accounts of $10,000 |
|
|
|
|
|
$0 - $4,999 |
0.25%
|
|
|
|
|
$5,000 - $9,999 |
0.50%
|
|
|
|
|
$10,000 - $19,999 |
0.75%
|
|
|
|
|
$20,000 and above |
1.00%
|
|
Piedmont Savings
|
Regular Savings |
$100 |
Average daily balance of $100 |
1.00%
|
Piedmont Prestige
Savings |
Regular Savings |
$100 |
Average daily balance of $2,000 |
2.00% |
Piedmont Prime
Money Market
New Money Only |
Money Market |
$1,000 |
Average daily balance of $10,000 |
Variable
(60% of WSJ
Prime Rate)
Currently 3.00% |
|
Business Accounts
|
| SERVICES |
ACCOUNT TYPE |
MINIMUM TO OPEN |
MINIMUM TO
AVOID
MAINTENANCE FEE |
*APY |
|
Piedmont Community
and Civic
|
Business Checking (DDA) |
$100 |
No minimum required to avoid fee |
N/A |
|
Piedmont Down to Business Checking
|
Business Checking
(DDA) |
$100 |
Average daily balance of $2,000 |
N/A
|
|
Piedmont Down to Business Checking Plus Interest
|
Business Interest Checking (NOW) |
$100 |
Average daily balance of $2,500 |
0.50%
|
|
Piedmont IOLTA
|
Business Interest Checking (NOW) |
$100 |
No minimum required to avoid fee |
0.50%
|
|
Piedmont Business
Savings
|
Regular Savings |
$100 |
Average daily balance of $100 |
0.50%
|
Piedmont Business Prime
Money Market
New Money Only |
Money Market |
$1,000 |
Average daily balance of $10,000 |
Variable
(60% of WSJ
Prime Rate)
Currently 3.00% |
|
Personal and Business
Certificates of Deposit
|
| SERVICES |
ACCOUNT TYPE |
MINIMUM TO OPEN |
MINIMUM TO OBTAIN APY |
*APY |
|
Piedmont CD’s
A Penalty may be imposed for early
withdrawal |
Personal and Business CDs and IRAs |
$1,000 |
|
|
|
3 month |
|
|
$1,000 |
3.20% |
|
6 month |
|
|
$1,000 |
3.25% |
|
12 month |
|
|
$1,000 |
3.30% |
|
18 month |
|
|
$1,000 |
3.30% |
|
24 month |
|
|
$1,000 |
3.30% |
|
30 month |
|
|
$1,000 |
3.30% |
|
36 month |
|
|
$1,000 |
3.30% |
|
60 month |
|
|
$1,000 |
3.30% |
|
Step Rate 18 Month |
|
|
$1,000 |
3.30% |
|
Step Rate 30 Month |
|
|
$1,000 |
3.30% |
Rates and terms offered are limited to The PrivateBank's market area. Brokered deposits will not be accepted.
*Annual Percentage Yield is accurate as of the effective date posted above. These rates may change at any time without prior notice. Fees could reduce earnings.
+After your non Step Rate CD is opened, the interest rate is fixed for the term. Substantial penalty for early withdrawal. Withdrawals from IRAs before age 59 1/2 may be subject to a 10% federal tax and possible state tax in addition to the Bank early withdrawal penalty.
++After your Step Rate CD is opened, your interest rate is variable for the term. Substantial penalty for early withdrawal. Withdrawals from IRAs before age 59 1/2 may be subject to a 10% federal tax and possible state tax in addition to the Bank early withdrawal penalty.
