Money Market

Rates are current as of May 1, 2024

Interest Rate: 5.40% (5.54% APY) | Maximum Amount: $10,000,000

Bankers’ Bank of the West offers a Money Market Deposit Account for its respondent bank customers. Basic parameters follow:

• Minimum balance to open of $1,000,000

• Maintain minimum DDA balance of $250,000

• Must be new funds to BBW or shifted from average Federal Funds Sold

• Interest paid monthly, posted to account

To obtain details or the necessary documents, please contact your relationship manager or our operations team at ops@bbwest.com.

Certificate of Deposit

Bankers’ Bank of the West offers a Certificate of Deposit for its respondent bank customers. Information on the product is posted on the BRIDGE system. Basic parameters follow:

• Minimum balance to open: $50,000

• 6-month, 9-month, 12-month, 18-month, 24-month, 36-month, 48-month, and 60-month terms

• Interest paid quarterly via ACH to any account designated by the customer institution

• Withdrawal prior to maturity not permitted

• BBW can arrange for safekeeping of the instrument upon request

These rates are effective as of the date listed above and subject to change at any time.

To open a CD or obtain more information including current rates, call 1-800-873-4722 or email ops@bbwest.com. BBW reserves the right to discontinue or temporarily suspend this product without notice.