Darien Rowayton Bank | Business Banking Rates


		Banking Demo Billpay Demo


		Forgot User ID/Password

Management Commentary

Hours & Locations

Rates are effective as of November 1, 2008

Business Checking

Product	Minimum Opening Deposit	Minimum Daily Balance to Earn Interest	Annual Percentage Yield	Interest Rate
Business NOW Checking	$100	$500	0.25 %	0.250 %

Annual Percentage Yield (APY) may change without notice.

Business Savings

Product	Minimum Opening Deposit	Minimum Daily Balance to Earn Annual Percentage Yield	Annual Percentage Yield	Interest Rate
Statement Savings	$100	$250	0.25%	0.250%

MAX Savings
With a min. of $500 avg. daily bal. in a related checking acct.	$500	$500	4.00%	3.929%
Without a min. $500 avg. daily bal. in a related checking acct.	$500	$500	3.75%	3.688%

Money Market Accounts
Tier I $1,000 to $49,999	$500	$1,000	0.50%	0.499%
Tier II $50,000 to $99,999	$500	$50,000	0.75%	0.747%
Tier III $100,000 to $999,999	$500	$100,000	1.00%	0.995%
Tier IV $1,000,000 and over	$500	$1,000,000	1.25%	1.243%

Annual Percentage Yield (APY) may change without notice.

Certificates of Deposit

Terms of Deposit	Minimum Opening Deposit Required	Minimum Daily Balance to Earn Annual Percentage Yield	Annual Percentage Yield	Interest Rate

3 Month CD	$500	$500	2.00%	1.982%

6 Month CD	$500	$500	2.00%	1.982%

7 Month CD*	$500	$500	3.50%	3.446%

12 Month CD	$500	$500	2.25%	2.227%

24 Month CD	$500	$500	2.50%	2.472%

36 Month CD	$500	$500	2.50%	2.472%

48 Month CD	$500	$500	2.50%	2.472%

Jumbo CDs	$100,000	$100,000	See Bank representative for details

Annual Percentage Yield (APY) may change without notice. The APY assumes that principal and interest will remain on deposit for one year.
Interest begins to accrue on the business day a CD account is opened. If a CD is closed before interest is credited, the accrued interest is not earned.
There may be a penalty for early withdrawal which could reduce the earnings on the account.
After an account is opened, deposits into the account and withdrawals of deposited funds are not permitted until the maturity date.
Renewal policy for Certificates of Deposit: Accounts will automatically renew at maturity. There is a grace period of ten (10) calendar days after the maturity date to withdraw the funds without being charged a penalty.

* For deposits transferred from other (non Darien Rowayton Bank) sources only. Must have a Darien Rowayton Bank checking account with direct deposit.

Rates are subject to change without notice.

This website and all content is the exclusive property of Darien Rowayton Bank and may not be reproduced without permission. All information contained on this website is subject to change without notice.