Treasury Management Solutions
At Pioneer Bank, we understand that managing your business's finances efficiently is key to your success. Our Treasury Management services are designed to help businesses of all sizes streamline cash flow, enhance security, and optimize financial operations.
Take control of your business finances with Pioneer Bank's Treasury Management services—because your success is our priority.
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Treasury Management Tiered Savings Account
Take advantage of Pioneer Bank’s Platinum Plus Savings account that works on the principle that more money gets you higher rates. This account also pays a higher interest rate and still allows you the flexibility to access your funds when you need them. Enjoy free Online Banking and eStatements and earn a better rate by reaching higher balance tiers**.
- $5,000.00 minimum deposit to open
- Compounded and credited monthly
- $5.00 service charge if balance drops below $5,000.00 any day of the month
- Three free withdrawals per month; $1.00 fee per withdrawal thereafter
- Monthly statements
- $1.00 monthly paper statement fee
- Free Telephone Banking
**The interest rate will change on the first day of any month following a change in the Wall Street Journal Prime rate. The balance tier is determined by the average available balance for the periodic statement cycle.
| Tier | Minimum Opening Deposit | Interest Rate | APY |
|---|---|---|---|
| $0 - $49,999.99 6.00% Under Prime |
$5,000.00 | 0.25% (Minimum Interest Rate and APY = 0.10%) |
0.25% (Maximum Interest Rate and APY = 0.25%) |
| $50,000-$99,999.99 4.00% Under Prime |
$5,000.00 | 2.25% (Minimum Interest Rate and APY = 0.10%) |
2.27% (Maximum Interest Rate = 2.25% and APY = 2.27%) |
| $100,000-$499,999.99 3.50% Under Prime |
$5,000.00 | 3.00% (Minimum Interest Rate and APY = 0.25%) |
3.04% (Maximum Interest Rate 3.00% and APY = 3.04%) |
|
$500,000-$2,499,999.99 |
$5,000.00 | 3.75% (Minimum Interest Rate and APY = 0.25%) |
3.81% (Maximum Interest Rate 3.75% and APY = 3.81%) |
|
$2,500,000-$9,999,999.99 |
$5,000.00 | 4.00% (Minimum Interest Rate and APY = 0.25%) |
4.07% (Maximum Interest Rate 4.00% and APY = 4.07%) |
|
$10,000,000 |
$5,000.00 | 4.25% (Minimum Interest Rate and APY = 0.25%) |
4.33% (Maximum Interest Rate 4.25% and APY = 4.33%) |
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Treasury Management Checking
At Pioneer Bank, we understand that local businesses are the backbone of the communities we live in. Our Treasury Management Checking account was designed with this in mind—to simplify business finances, so you can focus on your business and doing what you love. With Treasury Management Checking you can enjoy free Online Banking and Bill Pay, Mobile Banking and eStatements. There is no monthly service charge when the average available balance is $10,000.00 or more for the statement cycle and you can enjoy all the benefits of your MasterCard® Debit Card.
- $100.00 minimum required to open
- Monthly statement with images
- $1.00 paper statement fee
- $5.00 monthly service charge waived when the average available
balance is $10,000.00 or more for the statement cycle
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