Branches will be closed on Monday, May 30th in observance of Memorial Day.

Online Banking

Business

Grow Your Business

Let us help you find the right products and services for your growing business

Learn More

Learn More

Own Your Journey

At Ashland Credit Union, we embolden our members to achieve their financial goals. Along life’s journey, you can count on us for guidance as you strive for financial wellness.

Your life is your journey…Own It!

Learn More

Woman smiling
Woman smiling
Home > Business > Business Savings Accounts

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:

Apply Today


Business Rates

Business Account Rates
Effective Date: Sunday, May 22nd, 2022
Account TypeDividend Rate*A.P.Y.Dividends CompoundedDividends PaidMinimum 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

Business Share Certificate Rates
Effective Date: Sunday, May 22nd, 2022
TermDividend RateStandard *A.P.Y.Jumbo Div RateJumbo *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. 
Rate Bump Option: Allows a one-time "bump" to the current rate during certificate term.
# indicates term available for Traditional / Roth IRA Certificates. Rate-Bump option not available for IRA CD's.

*A.P.Y. = Annual Percentage Yield