*Annual Percentage Yield. Disclosure: Ask for additional details. Power Business Interest Checking requirements: (1) Minimum opening balance of $25,000 in new money is required. New money means funds not held by Quontic Bank; (2) Must maintain an average monthly balance of $25,000 to avoid $15 service charge; (3) This is a tiered account wherein 1.01% APY interest is paid for accounts maintaining a minimum daily balance of $25,000 or more and 0.25% APY interest is paid for accounts maintaining a minimum daily balance below $25,000; (4) This checking account is only available to businesses located in New York City, Nassau & Suffolk County. Interest rates may change after the account is opened. Fees could reduce earnings. Interest will compound daily & credit monthly. If account is closed before interest is credited, accrued interest will be forfeited for that statement cycle. Additional deposit limits, terms, conditions, fees, exclusions, restrictions & limitations may apply. Information is accurate & effective as of May 2, 2018 & is subject to change without notice.