Business Savings

Your money working harder for you.

Don't underestimate the importance of a business savings account. Our options can help you achieve that next milestone of expansion, new equipment, or just preparing for the next economic wave.  
 


Business Savings

  • Interest-bearing savings account
  • Minimum balance of $5,000 to avoid a monthly fee

Business Certificates

  • Interest-bearing certificate providing businesses both short- and long-term savings options
  • Low minimum amount of $1,000 to open

Business Money Market*

Earn interest and enjoy immediate access to your funds with a tiered DFCU Financial Business Money Market account. It’s flexible and offers a variety of advantages.

  • Minimum to open $2,500
  • With a minimum daily balance of $2,500 - No maintenance fee
  • $14.00 maintenance fee per statement cycle, if applicable
Interest rate tiers based on daily balances:
Tier I $0 - $2,499
Tier II $2,500 - $24,999
Tier III $25,000 - $49,999
Tier IIII $50,000 - $99,999
Tier V $100,000 - $249,999
Tier VI $250,000 - $499,999
Tier VII $500,000 and up

Rate Information: Interest begins to accrue no later than the business day we receive the credit for the deposit of non-cash items. Interest will be compounded daily, and credited to the account each statement cycle. The interest rate is subject to change.

Daily Balance: Daily balance method will be used to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. The client must maintain a minimum daily balance of $2,500 to obtain disclosed annual percentage yield. No interest will be earned during the statement cycle on days in which the balance falls below $2,500. Additional charges may reduce APY earnings.


How to Open a Business Deposit Account


 

Tier APY2
$0 to $2,499  0.02%
$2,500 to $24,999  0.50%
$25,000 to $49,999  1.50%
$50,000 to $99,999  2.00%
$100,000 to $249,999  2.50%
$250,000 to $499,999  2.75%
$500,000 and up  3.00% 

Rates effective as of 4/13/2024


3 month

Tier APY1
$1,000 to $24,999 4.00%
$25,000 to $99,999 4.15%
$100,000 and up 4.25% 

6 month

Tier APY 1
$1,000 to $24,999 4.25%
$25,000 to $99,999 4.35%
$100,000 and up 4.50%

7 month SPECIAL

Tier APY 1
$1,000 to $24,999 5.00%
$25,000 to $99,999 5.00%
$100,000 and up 5.00%

1 year

Tier APY 1
$1,000 to $24,999 3.50%
$25,000 to $99,999 3.50%
$100,000 and up 3.50%

18 month

Tier APY1
$1,000 to $24,999 3.25%
$25,000 to $99,999 3.50%
$100,000 and up 3.75%

2 year

Tier APY 1
$1,000 to $24,999 1.75%
$25,000 to $99,999 2.00%
$100,000 and up 2.20%

3 year

Tier APY 1
$1,000 to $24,999 1.75%
$25,000 to $99,999 2.00%
$100,000 and up 2.20%

5 year

Tier APY 1
$1,000 to $24,999 1.75%
$25,000 to $99,999 2.00%
$100,000 and up 2.20%

Rates effective as of 4/13/2024


Tier APY2
$0 to $2,499  0.02%
$2,500 to $24,999  0.50%
$25,000 to $49,999  1.50%
$50,000 to $99,999  2.00%
$100,000 to $249,999  2.50%
$250,000 to $499,999  2.75%
$500,000 and up  3.00% 

Rates effective as of 4/13/2024

* Currently available in our Florida market only.

1Dividends are paid from current income and available earnings, after required transfers to reserves have been made. These are prospective APYs (Annual Percentage Yields) and dividend rates expected to be paid. Dividend rates are determined by the principal balance when your certificate is opened. Dividend payments will not affect the dividend rate during the term even if the minimum balance for the next tier is met. All APY rates are based on $1,000 or minimum balance requirements, whichever is higher. Please refer to your statement for actual Annual Percentage Yield. All savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States government by the National Credit Union Administration, a US Government agency. Rates are subject to change without notice.

2APY = Annual Percentage Yield. Paid and Compounded Monthly. Fees could reduce account dividend earnings. Dividend rate may change after the account is opened. $5 minimum required to open a Savings Account, Special Savings Account, or Holiday Savings Account. $20 minimum required to open a Checking Account and Interest Checking Plus Account. $2,500 minimum required to open an Insured Money Market Account. Deposit account balance may increase your Cash Back. DFCU Financial business deposit balances are federally insured by the NCUA up to $250,000.