1. The annual percentage yield (APY) for the Business Checking Plus Interest is 0.45% for daily account balances of $15,000–$99,999 and 0.55% for daily account balances of $100,000 and greater. The APY is effective October 23, 2014. You must maintain a daily balance of $15,000 or greater for the statement cycle to receive the disclosed yields. You must deposit a minimum of $100 to open this account. No minimum balance is required to avoid a monthly maintenance fee. The rate and offer are subject to change and early termination without prior notice at any time.
2. New accounts with new money only. A new business checking account is defined as any new business checking account that does not have any authorized signatures in common with any other existing Flushing Bank business checking account(s). An existing checking customer is defined as anyone who currently has or has had a Flushing Bank checking account within the last 24 months. New money is defined as money not currently on deposit with Flushing Bank. You must deposit a minimum of $100 to open a business checking account. You will receive $50 for the completion of 5 debit card purchases and $50 for the completion of 5 online banking bill-payments via Flushing Bank’s Online Banking portal. Each debit card purchase and each online bill-payment must be $25 or more and must be completed prior to 60 days after the account is opened. The compensation will be credited to the checking account on or about 75 days after the account is opened. The offer is subject to change and early termination without prior notice at any time. A 1099 will be issued in the amount credited to your account.
Other fees and restrictions may apply. Speak with a Flushing Bank representative for more information.