Open a “New Money Only” non-interest bearing checking account and Blue Gate Savings Account.
|Open a new Business or Personal non-interest bearing Checking Account with a minimum balance of $2,500.||Open a new Blue Gate Business or Personal Savings Account with a minimum balance of $25,000.||Continue to maintain a daily balance of $25,000 or more in the Blue Gate Savings Account to earn the 1.51% APY on the account through October 1, 2018.|
*Annual Percentage Yield (APY) is accurate as of October 30, 2017. $25,000 minimum balance required to obtain advertised APY.
On October 2, 2018, the APY will change to Blue Gate Bank’s prevailing rate for the Blue Gate Business or Personal Savings Account. A lower interest rate is earned on any day that the daily balance falls below $25,000. Interest is compounded quarterly and paid quarterly. Fees and withdrawals may reduce earnings. Federal Regulation D limits withdrawals and transfers made from a Savings to a combined total of six per calendar month. These limits apply to preauthorized, telephone or online transfers to another Blue Gate Bank account or to third parties. It also includes checks, drafts, or similar orders made to a third party. Maximum combined deposits of $5,000,000 per client for this promotion. New money only. This offer is available through October 1, 2018. Institutional funds not eligible.