Savings Accounts

Anticipated Dividends
October 1 - December 31, 2022

Savings Account Rates
Minimum Balance APY* Dividend Rate
  • Dividends compounded and paid quarterly.
  • Dividends are calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day. Dividends will begin to accrue on the business day your deposits are posted to your account.

Checking Accounts

Anticipated Dividends
October 1 - 31, 2022

Checking Account Rates
Minimum Balance APY* Dividend Rate
  • A minimum balance of $100 is required to open a business checking.
  • Dividends are compounded and paid monthly.
  • Dividends are calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day if the balance is above the required minimum stated above. Dividends will begin to accrue on the business day your deposits are posted to your account.

Money Market Accounts

Anticipated Dividends
October 1 - 31, 2022

Money Market Account Rates
Minimum Balance APY* Dividend Rate
  • A minimum deposit of $500 is required to open a money market. Balances earn the dividend rate within the disclosed tier. Dividends will be compounded and paid monthly.
  • Dividends are calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day. Dividends will begin to accrue on the business day your deposits are posted to your account.
  • Minimum withdrawal is $500 with three (3) free withdrawals per month without incurring a fee.

Certificate Accounts

Anticipated Dividends
September 30 - October 6, 2022

Certificate Account Rates
Term Balance APY Dividend Rate
3 month
6 month
12 - 23 month
18 month1 (doesn't include IRA and CESA)
24 – 35 month (24 month step up)
36 – 47 month
48 – 59 month
60 month
  • A minimum balance of $500 is required to open a certificate and obtain the stated APY.
  • The APY is quoted for three- and six-month certificates in those categories and dividends are paid at maturity. Other certificate dividends are paid monthly to another account or compounded and credited quarterly.
  • Dividends will begin to accrue on the business day your deposit is posted to your account. Dividends are calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day.
  • Early withdrawal penalties may apply. See Certificate Account disclosure for complete details.

1. The APY is quoted for 18 months and dividends are paid at maturity. Deposit must be new money to Hiway to qualify for the offer. Rates are subject to change without notice. Dividends are calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day. Early withdrawal penalties may apply. At maturity, the certificate will close and be transferred to an existing deposit account of your choosing, certificates excluded. See Promotional Certificate Account Disclosure for complete details.

* APY is the Annual Percentage Yield and assumes dividends remain in the account. This document is a supplement to account disclosures. Rates are subject to change without notice. Fees or other conditions may also reduce earnings. Refer to the Business Service Fee schedule for current fee information. Contact a Hiway Business Services Representative at 651.291.1515 or 800.899.5626 for further information about applicable fees and terms.

Visa® Business Cards

Visa Business Card Rates
APR* (As low as) DPR* (As low as)

* APY is the Annual Percentage Rate and DPR is the Daily Periodic Rate. Rates are effective 7/20/2022 and are subject to change without notice.

Business Service Fee Schedule

Effective 8/29/2022 and subject to change without notice.

Advantage Business checking Fees
Advantage Business Checking
Minimum Opening Balance $100
Monthly Maintenance Fee $10 — waived with Business Debit Card and eDocuments
Dividend Bearing No
Item Fees 50 items* free per month $0.20 per item over 50
Electronic Debits & Credits Free, unlimited Point-of-Sale (POS) transactions
Currency Deposited Fee $0.01 per bill
Coin Dispersed Fee $0.10 per roll
Line of Credit Available Yes

*Items include: checks deposited, on-us items and checks clearing.
†Qualifications apply.

Elite Business Checking Fees
Elite Business Checking
Minimum Opening Balance $100
Monthly Maintenance Fee $10
Dividend Bearing Yes, $2,500 minimum daily balance to earn dividends
Item Fees 100 items* free per month $0.20 per item over 100
Electronic Debits & Credits Free, unlimited Point-of-Sale (POS) transactions
Currency Deposited Fee 500 bills free per month $0.01 per bill over 500
Coin Dispersed Fee $0.10 per roll
Line of Credit Available Yes

*Items include: checks deposited, on-us items and checks clearing.
†Qualifications apply.

Commercial Business Checking Fees
Commercial Business Checking
Minimum Opening Balance $100
Monthly Maintenance Fee $20
Dividend Bearing Yes, $5,000 minimum daily balance to earn dividends, tiered rate
Item Fees 250 items* free per month $0.20 per item over 250
Electronic Debits & Credits Free, unlimited Point-of-Sale (POS) transactions
Currency Deposited Fee 1000 bills free per month $0.01 per bill over 1000
Coin Dispersed Fee $0.10 per roll
Line of Credit Available Yes

*Items include: checks deposited, on-us items and checks clearing.
†Qualifications apply.

Select Checking Fees
Select Checking
Minimum Opening Balance $0
Monthly Maintenance Fee $0
Dividend Bearing No
Item Fees $0
Electronic Debits & Credits Free, unlimited Point-of-Sale (POS) transactions
Currency Deposited Fee $0
Coin Dispersed Fee $0
Line of Credit Available Yes

†Qualifications apply.

Business Checking Fees (all types)
Business Checking (all types)
ATM and Debit Card Fees
ATM and Business Debit Cards
ATM Over 12 or Foreign Transaction Fee
Business Share Savings Fees
Business Share Savings
Item Fees 25 items* free per month $0.20 per item over 25
Currency Deposited Fee 25 bills free per month $0.01 per bill over 25
Coin Disbursed Fee $0.10 per roll

*Items include: checks deposited and on-us items.

Convenience Service Fees
Convenience Services
Wire Transfer Fees
Wire Transfer Fee
Non-Sufficient Funds Fees
NSF (Non-Sufficient Funds)
The categories of transactions for which an NSF fee may be imposed are: by check, in person withdrawal, ATM or other electronic means.
Account Closeout Fee
Account Closeout Fee
Check Cashing Fees
Check Cashing Fee
Other Fees
Other Fees
Official Checks Fee (issued by Hiway)
Cash Management Fees
Cash Management Fees
Monthly Remote Deposit Capture Fee $50 (Scanner Free)
Monthly ACH Fee $25
ACH — Returns and Notifications of Change $28 per item
Unauthorized Returns Fee $28 per item
High and Low Balance Transfer Fee $5 per transfer (fee posted monthly)
Share Value
Share Value
Par Value of One Share $5.00

** Single Service accounts have a Business Share Savings only. Check Cashing Fees are waived if balance on a Single Service Account is above $500.
1. Standard data rates may apply.
5. By appointment at the St. Paul Branch for Hiway members only. There is a $50 service fee for Hiway members, this is waived for Investment Services clients. Call Investment Services at 651.265.6100 for appointments.