Business Money Market

Disclosures

• 020) Requires a minimum $1,000/month Direct Deposit to a checking account under the same membership, to begin no later than 90 days from the date the account is opened and to continue for the life of this account. If the direct deposit does not begin or stops, the account is eligible to earn the Base Premier Money Market account rate. Eligibility is based on the prior month's transactions i.e. to earn dividends for the month of December, the account must meet the requirements in November.
• 122) The minimum deposit to open a Dividend Business Checking account is $100.00. Business Savings account required to open a Dividend Business Checking account. No dividends are paid on balances below the balance minimum specified for the lowest balance tier. See rate sheet. See service charge schedule for a complete list of fees. You must be a new business member and reside in California. You are not eligible if you are a current owner on a Provident Credit Union business account or if you have been an owner on a Provident Credit Union business account within the last two years. One New Business Account Bonus per business. To be eligible, you must open a Dividend Business Checking Account. New Business Account Bonus offer may expire anytime.

  The minimum balance for the Business Membership Savings account is $5.00. You must fund your Business Checking account within the first 60 days of account opening with a minimum deposit of $100. If you fail to fund your Checking account within the first 60 days you are no longer eligible for the New Business Account Bonus and your account(s) will be closed.

  In order to qualify for your New Business Account Bonus your account must be active and in good standing for two consecutive months following the month that your Dividend Business Checking account is opened. All qualifying purchases and transactions referred to as "per month" or "monthly" only count towards the requirement of the month in which they POST, which will be on a business day (Monday – Friday) and may take one or more business days from the purchase/transaction date.

  Your account is deemed eligible by: (1) making purchases of $400 or more using a debit and or credit card per month, AND (2) making $2,500 in total deposits to your Dividend Business Checking Account within 60 days of account opening, AND (3) enrolling in Provident's online banking service and e-Documents with valid email address. If your account remains inactive after 90 days from account opening you are no longer eligible for the New Business Account Bonus.

  Your account is in good standing if you: (1) demonstrate responsible account management—such as making regular deposits to bring your account to a positive end of day balance at least once every 30 days (including the payment of all credit union fees and charges); (2) avoid excessive overdrafts; (3) there are no legal orders, levies or liens against your account.

  New Business Account Bonus: The New Business Account Bonus will typically be credited to your Provident Credit Union Dividend Business Checking account within 120 days of account opening. We may report the value of the New Business Account Bonus to the IRS and any applicable taxes are the responsibility of the member.

• 243) Limited time promotional offer. May be extended or withdrawn without notice. Membership required. The minimum opening deposit is $250,000 and must be funds that have not been on deposit with Provident Credit Union for the last 60 days. You must maintain a minimum daily balance of at least $2,500 in your account each day to obtain the disclosed annual percentage yield. Dividends will be compounded monthly and credited to your money market account monthly.
• 244) APY (Annual Percentage Yield). Promotional APY effective   and valid for the first six (6) months after account opening. After the six-month promotional period, the rate will change to the then-current Business Money Market APY which may be higher or lower, is subject to change at any time, and you must maintain a minimum daily balance of at least $2,500 in your account each day to obtain the disclosed annual percentage yield. Limited time promotional offer. May be extended or withdrawn without notice. Membership required. The minimum opening deposit is $2,500. Dividends will be compounded monthly and credited to your money market account monthly. This offer is valid only for a new Business Money Market account. Limit one (1) Business Money Market account per business entity. This promotion cannot be combined with any additional deposit rate bonus offers.
• 311) APY = Annual Percentage Yield. Fees may reduce earnings on all savings and money market accounts.