Business savings account rates, fees and disclosure
Business account funds are insured to an aggregate of $250,000 by the National Credit Union Administration (NCUA), an independent agency of the United States government, through the National Credit Union Share Insurance Fund (NCUSIF).
To open a business checking account: Visit a branch. For questions or more information, call us at 1-800-732-0173.
|Account||Minimum balance to earn dividends*||Dividend rate||Annual Percentage Yield (APY)|
|Business Basic Savings||$100.00||0.03%||0.03%|
|Business Money Market savings||No minimum||0.05%||0.05%|
|Business Investor's Money Market savings||$10,000.00||See table below||See table below|
Minimum balance to open a Business Basic Savings account is $5.00
Minimum balance to open a Business Money Market savings account is $5.00
Minimum balance to open a Business Investor's Money Market savings account is $10,000.00
*Minimum daily balance that must be maintained each day to earn dividends.
|For account balances of||Dividend rate||Annual Percentage Yield (APY)|
|0 - $9,999||0.00%||0.00%|
|$10,000 - $24,999||0.10%||0.10%|
|$25,000 - $49,999||0.12%||0.12%|
|$50,000 - $99,999||0.15%||0.15%|
Each account holder agrees to the terms set forth on this Business Truth in Savings disclosure and acknowledges that it is part of the Membership and Account Agreement.
|Fee type||Product fees|
|Business Basic Savings account|
|$250 minimum balance||No charge|
|Less than $250 minimum balance||$3 / calendar month|
|Business Money Market account|
|$1,000 daily minimum balance||No charge|
|Less than $1,000 daily minimum balance||$15 / statement period|
|Business Investor's Money Market account|
|$10,000 daily minimum balance||No charge|
|Less than $10,000 daily minimum balance||$20 / statement period|
|Early account closure fee*||$55|
|*If held less than 90 days|
View a complete list of business account fees.Go to main navigation