Paramount Bank High Interest Checking Services
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* The Annual Percentage Yield (APY) of the High-Interest Checking Account is 0.85% as of September 30, 2020 for balances of $500,000 or more, 0.85% for balances of $100,000–$499,999, 0.85% for balances of $50,000–$99,999, 0.85% for balances of $5,000–$49,999, and 0.85% for balances of less than $5,000. Rates are subject to change daily and fees may reduce earnings. No minimum initial deposit is required to open an account, but the account must be funded within 30 days to remain open. APY may change at any time before or after account is opened.
** The Annual Percentage Yield (APY) is based on the FDIC Weekly National Rates and Rate Cap table, assuming at least a 12-month account with less than $100,000 deposited. Minimum $1,000 required to open a Certificate of Deposit account. Rates subject to change. Early withdraw penalties may apply. All Paramount Bank balance tiers are current as of September 30, 2020. Call 833.731.0229 for the most up to date rates. Member FDIC.