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Belmont Savings Bank is closed today, January 21st, in recognition of Martin Luther King Jr. Day.  As a reminder, online banking and our mobile apps are available 24 hours a day to assist with many of your banking needs.

Business & Municipal Banking Rates

The deposit rates listed on this page are for accounts that are no longer available for new accounts.

Municipal Savings

Effective as of January 3, 2019

 Municipal Savings Interest Rates APY
Balances $10,000,000.01 or more 0.45% 0.56% - 0.68%
Balances $5,000,000.01 to $10,000,000.00 0.75% 0.60% - 0.68%
Balances up to $5,000,000.00 0.60% 0.60%

 

BluePrint Relationship Business Savings

Effective as of January 3, 2019

 BluePrint Relationship Business Savings                      Interest Rates APY
Balances $1,000,000.01 to $2,000,000.00 0.75% 0.88% - 1.00%
Balances up to $1,000,000.00 1.00% 1.00%

BluePrint Relationship Business Savings Disclosures

  • Annual Percentage Yield (APY) is compounded continuously
  • The BluePrint Relationship Business Savings account is a variable rate account
  • The rate may change after the  account was opened
  • The minimum average daily balance required in the checking account to obtain the BluePrint Savings APY is $250,000.00
  • If balance criteria are not met, the rate on BluePrint Savings will drop to .60% APY
  • Maximum balance allowed is $2,000,000.00

 

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