Money Market Rate
This offer is open to both new and existing customers.
The 0.70%* APY advertised rate includes a 0.50% bonus rate increase over Pilot Bank’s current First Class Business Money Market interest rate of 0.20% as of 12/11/2014. The interest rate is subject to change at any time.
To qualify for this bonus advertised rate: You must maintain an average daily balance of $25,000 in a Pilot Bank First Class Business Money Market account and an average daily balance of $5,000 in a Pilot Bank business checking account. This rate only applies to new money brought into the bank.
To receive this bonus rate, you must contact a representative at any Pilot Bank or visit any one of our offices and mention this ad.
The bonus rate is paid at the end of each statement cycle based on the average daily balances as of the statement date. If either the average daily balances falls below the $25,000 in the First Class Business Money Market or $5,000 Pilot Bank business checking, the bonus interest rate will not be paid and the interest rate will adjust to the standard money market rate.
APY means Annual Percentage Yield. Fees may reduce the earnings on this account. Minimum deposits to open accounts are $25,000 for the First Class Business Money Market account and $100 for Business checking account. The average balances as explained above must be obtained to receive the bonus rate. Contact your new account representative for details at (813) 496-2600 or Promotions@pilotbank.com. This is a limited time offer and may be discontinued without prior notice.