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Business Savings Accounts
Let Us Help Your Small Business Grow
Worry less about bank fees and more about your business with ACU’s Small Business services. We currently offer Business Savings, Checking, Certificates, and Loans to business members. We’ve listed the basics below, but if you have additional questions, our Businesses Account Specialists are standing by to take your call at 800-245-8112.
Business Membership Requirements:
- Business must be located in an eligible community or be owned by an eligible ACU member.
- Business members must open a Business Savings account with at least $5.00 on deposit.
- Membership applications available upon request.
Business Rates
| Account Type | Dividend Rate | *A.P.Y. | Dividends Compounded | Dividends Paid | Minimum Amt to Avoid Service Fee |
|---|---|---|---|---|---|
| Business Shares | 0.250% | 0.25% | Quarterly | Quarterly | N/A |
| Business Checking1 | 0.000% | 0.00% | N/A | N/A | $250 |
1Special fees for Business Checking: All electronic transactions are free. First 50 non-electronic transactions also free. Additional non-electronic transactions assessed a fee of $0.25/item. Strapped cash and rolled coin available for $0.10/strap or roll. A $25/month fee is charged if balance falls below stated minimum above. *A.P.Y. = Annual Percentage Yield | |||||
| Term | Dividend Rate | Standard *A.P.Y. | Jumbo Div Rate | Jumbo *A.P.Y. | Minimum Deposit to Open |
|---|---|---|---|---|---|
| 6 Month | 0.600% | 0.60% | 0.700% | 0.70% | $2,500 for Standard CD, $35,000 for Jumbo CD |
| 9 Month | 0.650% | 0.65% | 0.750% | 0.75% | $2,500 for Standard CD, $35,000 for Jumbo CD |
| 12 Month | 0.700% | 0.70% | 0.800% | 0.80% | $2,500 for Standard CD, $35,000 for Jumbo CD |
| 18 Month | 0.850% | 0.85% | 0.950% | 0.95% | $2,500 for Standard CD, $35,000 for Jumbo CD |
| 24 Month | 0.950% | 0.95% | 1.045% | 1.50% | $2,500 for Standard CD, $35,000 for Jumbo CD |
| 36 Month | 1.140% | 1.15% | 1.240% | 1.25% | $2,500 for Standard CD, $35,000 for Jumbo CD |
| 48 Month | 1.290% | 1.30% | 1.390% | 1.40% | $2,500 for Standard CD, $35,000 for Jumbo CD |
| 60 Month | 1.490% | 1.50% | 1.590% | 1.60% | $2,500 for Standard CD, $35,000 for Jumbo CD |
Dividends compounded & paid monthly Certificate of Deposit Notes: A penalty may be charged for early withdrawal. See account disclosures for penalty calculation. Yields are compounded monthly. *A.P.Y. = Annual Percentage Yield | |||||