Fixed rate for one year on a Personal Money Market or Business Money Market Account. Minimum opening deposit of $50,000 must be moved from another financial institution. See other terms and conditions below.*
* This 1-year introductory Annual Percentage Yield (APY) is accurate as of April 2, 2018; offer is subject to change at any time without notice. The introductory APY is available for new or existing customers who open a new Personal Money Market Account or Business Money Market Account with at least $50,000. Opening deposit must be funds from a financial institution other than First Tennessee Bank National Association (“Bank”), which operates as First Tennessee Bank and Capital Bank, or its affiliates. APY only available at branches operating as Capital Bank in its Mid-Atlantic market (North Carolina, South Carolina and Virginia). APYs in other markets may vary. Accounts opened online are not eligible. You must have a new or existing personal checking account with Capital Bank to take advantage of this offer. We reserve the right to revoke the introductory APY if subsequent transfers from any account at Bank or its affiliates are made into this new account. In that case, your account will earn the standard APY. Your account will also earn the standard APY after the introductory period. As of 04/09/2018, the standard, variable APYs for the Personal Money Market Account in Capital Bank’s Mid-Atlantic market were: 0.05% for balances of $0-$9,999; 0.10% for balances of $10,000-$49,999; 0.15% for balances of $50,000-$99,999; 0.20% for balances of $100,000-$249,999; 0.25% for balances of $250,000-$499,999; and 0.30% for balances of $500,000 and greater. For the Business Money Market Account, the standard, variable APYs were: 0.05% for balances of $0-$9,999; 0.10% for balances of $10,000-$49,999; 0.15% for balances of $50,000-$99,999; 0.15% for balances of $100,000-$249,999; 0.20% for balances of $250,000-$499,999; 0.25% for balances of $500,000-$1,000,000; and 0.25% for balances of $1,000,000 and greater. Service charges may reduce earnings. Not available to institutional investors. Cannot be combined with other offers. For either Money Market Account, federal regulations limit preauthorized transfers to third parties or to another account of yours to 6 per month (including debit transactions, ACH transfers, telephonic transfers or similar order). In-person withdrawals and transfers including at an ATM, and internal transfers to make loan payments are not limited. An additional $5 fee will be assessed for each withdrawal in excess of six per month. A $10 monthly account service charge is waived if you maintain a $2,500 average daily balance during the statement cycle.