Business Deposit Rates

Personal Deposit Rates | Business Deposit Rates | Loan Rates

Hills Bank has many ways to earn interest for your business. Choose from

• Cash Management Account
• Certificates of Deposit (CDs)
• Checking Accounts
• Money Market Account
• Savings Accounts

To open a cash management account, business CD, business checking account, business money market, or business savings account, apply online or stop by any Hills Bank location to talk to a commercial banker.

Cash Management Account

Rates effective August 6, 2008 and subject to change at any time.

Cash Management
	APY	Interest Rate
Under $15,000	0.60%	0.60%
$15,000 - $49,999	0.65%	0.65%
$50,000 - $99,999	1.00%	1.00%
$100,000 - $249,999	1.25%	1.24%
$250,000 - $499,999	1.35%	1.34%
$500,000 & Over	1.50%	1.49%

• APY - Annual Percentage Yield
• Excess funds over an established threshold are swept daily into an overnight repurchase agreement
• Funds in the overnight repurchase agreement are not FDIC insured
• Line of Credit may be available

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Certificates of Deposit (CDs)

Rates effective August 6, 2008 and subject to change at any time.

Fixed Rate CDs Under $100,000
Term	APY	Interst Rate
3 Month	1.50%	1.49%
6 Month	2.00%	1.99%
12 Month	3.25%	3.21%
18 Month	3.50%	3.45%
24 Month	3.65%	3.60%
30 Month	3.75%	3.70%
36 Month Special	4.00%	3.94%
48 Month	4.00%	3.94%
60 Month	4.00%	3.94%

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Fixed Rate CDs Over $100,000
Term	APY	Interest Rate
7-89 Day	1.00%	1.00%
3 Month	1.60%	1.59%
6 Month	2.10%	2.08%
12 Month	3.35%	3.31%
18 Month	3.60%	3.55%
24 Month	3.75%	3.70%
30 Month	3.85%	3.80%
36 Month Special	4.10%	4.04%
48 Month	4.10%	4.04%
60 Month	4.10%	4.04%

• APY - Annual Percentage Yield
• Penalty may be imposed for early withdrawal
• Fees may reduce earnings
• $500 minimum opening deposit unless otherwise stated.

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Checking Accounts

Rates effective August 6, 2008 and subject to change at any time.

Basic Business Checking Plus
	APY	Interest Rate
$1,000 - $9,999	0.00% to 0.30%	0.33%
$10,000 & Over	0.30% to 0.45%	0.45%

• The annual percentage yield (APY) for each tier will be within the range indicated, depending on the balance in the account
• Interest will be paid on the portion of your daily collected balance that is greater than $1,000

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Business Checking Plus
	APY	Interest Rate
$2,500 - $14,999	0.00% to 0.28%	0.33%
$15,000 - $49,999	0.28% to 0.66%	0.82%
$50,000 - $99,999	0.66% to 0.80%	0.95%
$100,000 - $499,999	0.80% to 1.00%	1.05%
$500,000 & Over	1.00% to 1.50%	1.49%

• Interest will be paid on the portion of your daily collected balance that is greater than $2,500
• The annual percentage yield (APY) for each tier will be within the range indicated, depending on the balance in the account

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Not-For-Profit Investment Checking
	APY	Interest Rate
$0 - $999	0.28%	0.28%
$1,000 - $9,999	0.40%	0.40%
$10,000 & over	0.50%	0.50%

• APY - Annual percentage yield

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Money Market Accounts

Rates effective August 6, 2008 and subject to change at any time.

Commercial High Balance Money Market
	APY	Interest Rate
$15,000-$99,999	1.00%	1.00%
$100,000-$249,999	1.25%	1.24%
$250,000-$499,999	1.35%	1.34%
$500,000 & Over	1.50%	1.49%

• Rate may change after account is open
• Fees could reduce earnings
• Annual Percentage Yield (APY) is based on monthly compounding
• $100,000 minimum to open
• If balance is less than $15,000, no interest is earned for that day

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Money Market
	APY	Interest Rate
$1,000-$2,499	0.38%	0.38%
$2,500-$9,999	0.46%	0.46%
$10,000-$74,999	0.50%	0.50%
$75,000 & Over	0.59%	0.59%

• Rate may change after account is open
• Fees could reduce earnings
• Annual Percentage Yield (APY) is based on monthly compounding
• If balance is less than $1,000, no interest is earned for that day

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Savings Accounts

Rates effective August 6, 2008 and subject to change at any time.

Business Savings
	APY	Interest Rate
$0 & Over	0.60%	0.60%

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Gold Savings
	APY	Interest Rate
$0-$9,999	0.00%	0.00%
$10,000-$24,999	0.75%	0.75%
$25,000-$49,999	0.75%	0.75%
$50,000-$99,999	1.00%	1.00%
$100,000-$249,999	1.25%	1.24%
$250,000-$499,999	1.35%	1.34%
$500,000 & Over	1.50%	1.49%

• No minimum to open
• Rate may change after account is open
• Fees could reduce earnings
• Annual Percentage Yield (APY) is based on quarterly compounding

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131 Main Street, Hills IA 52235 • 1-800-HILLSBK
Member FDIC • Equal Housing Lender