Current Rates
Commercial Banking
Interest Rate*
Annual Percentage Yield* (APY)
Opening Deposit
BUSINESS MONEY MARKET
$500
$0 to $24,999.99
.10%
.10%
$25,000 to $99,999.99
.20%
.20%
$100,000 to $499,999.99
.25%
.25%
$500,000+
.35%
.35%
Personal Banking
Interest Rate*
APY*
Minimum Opening Deposit Requirement
SAVINGS
.10%
.10%
$50
Interest Rate*
APY*
Opening Deposit
MONEY MARKET SAVINGS
$1,000
$0 to $24,999.99
.15%
.15%
$25,000 to $99,999.99
.25%
.25%
$100,000 to $249,999.99
.35%
.35%
$250,000+
.50%
.50%
Interest Rate*
APY*
Opening Deposit
IRA MONEY MARKET SAVINGS
1.49%
1.50%
$1,000
Interest Rate*
APY*
Opening Deposit
INTEREST CHECKING
.10%
.10%
$1,000
Interest Rate*
APY*
Opening Deposit
INVESTOR CHECKING
.25%
.25%
$10,000
Certificate of Deposit
Individual Retirement Account Also Available
$10,000 Minimum Balance Required
Term
Interest Rate
Annual Percentage Yield** (APY)
BRIDGE CD^
36 Month
1.00%
1.00%
^Change the interest rate and corresponding APY one time on or after the one-year anniversary date of the Bridge CD. Rate trade up option is based on the published rate for the closest standard non-Bridge term equal to or less than the remaining term of the original Bridge CD. The rate trade up option is not automatic, contact a Bridgewater Bank branch or team member to request.
Term
Interest Rate
APY**
6 Month
.25%
.25%
12 Month
.85%
.85%
18 Month
.75%
.75%
24 Month
.75%
.75%
36 Month
.75%
.75%
48 Month
.75%
.75%
60 Month
1.10%
1.10%
Rates are effective as of August 3, 2020.
*Rates are determined by the bank, and may change after the account is opened. Fees can reduce
earnings.
** Early withdrawal penalties may be imposed. Fees can reduce earnings.
Member FDIC