BUSINESS Deposit Rates
Rates Effective February 14, 2025 All Rates are subject to change at any time.
Member FDIC
Interest rates may change after account is open. Fees could reduce earnings. APY is based on monthly compounding. ChexSystems reports may be pulled for new customers. MONEY MARKET ACCOUNTS
Current Earnings Credit Rate
0.30%
Investing In Our Community Money Market: Limited time offer. Initial deposit of $15,000 or more and future deposits must be new money. New money refers to funds that are not currently held at Hills Bank. Accounts will convert to Gold Premier money market account on 3/31/25. See Gold Premier money market terms. Annual Percentage Yield (APY) Interest Rate
Purpose Money Market: Limited time offer. Minimum $25,000 to open. Must have $25,000 new money and or an active checking account with recurring deposits and or debit card activity. Matured Hills Bank Certificates of Deposit can be deposited into this account and will qualify as new money. Limit one promotional account per customer. No public funds. The Bank reserves the right to deny deposit accounts over $5,000,000. Fees may reduce earnings. Rates may change after the account opens. Annual Percentage Yield (APY) Interest Rate
$25,000 - $99,999 $100,000 - $249,999 $250,000 - $499,999 $500,000 - $999,999 $1,000,000 & over
2.25% 2.23% 2.75% 2.72% 3.00% 2.96% 3.20% 3.15% 3.50% 3.44%
$0 - $14,999
1.51% 1.50% 0.00% 0.00% 1.66% 1.65% 1.81% 1.80% 2.07% 2.05% 2.27% 2.25%
$15,000 - $99,999 $100,000 - $249,999 $250,000 - $499,999 $500,000 - $999,999 $1,000,000 & over
Gold Premier: $15,000 minimum to open. If balance falls below $15,000, no interest is earned for that day. Annual Percentage Yield (APY)
Interest Rate
Business Money Market: If balance falls below $1,000, no interest is earned for that day. Annual Percentage Yield (APY) Interest Rate
$15,000 - $99,999 $100,000 - $249,999 $250,000 - $499,999 $500,000 - $999,999 $1,000,000 & over
0.45% 0.45% 0.75% 0.75% 0.85% 0.85% 1.00% 1.00% 1.10% 1.10%
$2,500 - $9,999 $1,000 - $2,499 $10,000 - $74,999 $75,000 & over
0.15% 0.15% 0.10% 0.10% 0.25% 0.25% 0.35% 0.35%
Interest rates may change after account is open. Fees could reduce earnings. APY is based on quarterly compounding. ChexSystems reports may be pulled for new customers. SAVINGS ACCOUNTS
Interest rates may change after account is open. Fees could reduce earnings. APY is based on monthly compounding. ChexSystems reports may be pulled for new customers. CHECKING ACCOUNTS
Annual Percentage Yield (APY)
Business Interest Checking: If balance is less than $2,500 no interest is earned for that day. Annual Percentage Yield (APY)
Business Savings
Interest Rate
$0 & Over
0.10% 0.10%
Interest Rate
Gold Savings: $10,000 minimum to open. If balance falls below $10,000, no interest is earned for that day. $10,000 - $24,999
$2,500 - $14,999 $15,000 - $49,999 $50,000 - $99,999 $100,000 - $499,999
0.05% 0.05% 0.05% 0.05% 0.10% 0.10% 0.10% 0.10% APY Interest Rate 0.10% 0.10% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.10% 0.10% 0.10% 0.10%
0.10% 0.10% 0.15% 0.15% APY Interest Rate 0.25% 0.25% 0.30% 0.30% 0.35% 0.35% 0.40% 0.40%
$25,000 - $49,999 $50,000 - $99,999 $100,000 - $249,999 $250,000 - $499,999
$500,000 & Over
Non- Profit Investment Checking
$0 - $999
$500,000 & Over
$1,000 - $9,999 $10,000 - $49,999 $50,000 - $99,999 $100,000 & Over
Minimum of $250,000 should be maintained in a Hills Bank account. Excess funds over an established threshold are swept daily into an interest bearing account. Funds in the interest bearing account are FDIC insured through a 3rd party institution. ICS INTRAFI CASH SERVICE
ICS DDA:
Annual Percentage Yield (APY)
Interest Rate
Under $15,000
0.05% 0.05% 0.10% 0.10% 0.10% 0.10%
0.05% 0.05% 0.10% 0.10% 0.10% 0.10%
$15,000 - $49,999 $50,000 - $99,999 $100,000 - $249,999 $250,000 - $499,999
$500,000 & over
To bank by phone or check our current rates, call 1.800.445.5725(HILLSBK) or visit our website at hillsbank.com.
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