Business Savings

Your money working harder for you.

It's nice to have short and long term business savings solutions.


Business Savings

  • Interest-bearing savings account
  • Minimum balance of $5,000 to avoid monthly fee
  • Business Cash Back loyalty reward--our way of thanking you for choosing us

Business Certificates

  • Interest-bearing certificate providing businesses both short- and long-term savings options
  • Low minimum amount of $1,000 to open
  • Business Cash Back loyalty reward--our way of thanking you for choosing us
 

Note: our business loans and credit cards could also pay Cash Back to qualified members each January.

Cash Back is one-half percent (0.50%) of your average yearly business loan and deposit balances. Example: For every $100,000 in average yearly business loan and deposit balances, receive $500 in Cash Back!


 

Tier APY and Dividend Rate1
$0 to $2,499 0.05%
$2,500 to $9,999 0.10%
$10,000 to $24,999 0.10%
$25,000 to $49,999 0.15%
$50,000 to $74,999 0.20%
$75,000 to $99,999 0.20%
$100,000 and up 0.30%
 

3 month

Tier APY and Dividend Rate1
$1,000 to $24,999 0.15%
$25,000 to $99,999 0.20%
$100,000 and up 0.25%

6 month

Tier APY and Dividend Rate1
$1,000 to $24,999 0.20%
$25,000 to $99,999 0.25%
$100,000 and up 0.30%

1 year

Tier APY and Dividend Rate1
$1,000 to $24,999 0.25%
$25,000 to $99,999 0.30%
$100,000 and up 0.35%

2 year

Tier APY and Dividend Rate1
$1,000 to $24,999 0.35%
$25,000 to $99,999 0.40%
$100,000 and up 0.50%

3 year

Tier APY and Dividend Rate1
$1,000 to $24,999 0.40%
$25,000 to $99,999 0.45%
$100,000 and up 0.60%

5 year

Tier APY and Dividend Rate1
$1,000 to $24,999 0.80%
$25,000 to $99,999 0.90%
$100,000 and up 1.00%

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.

Note: Business deposit balances NCUA federally insured up to $250,000

 

NCUA Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government.

 

Unauthorized attempts to upload information and/or change information on this website is strictly prohibited and are subject to prosecution under the Computer Fraud and Abuse Act of 1986 and Title 18 U.S.C. Sec.1001 and 1030.

DFCU Financial - Copyright © 2016 - Dearborn, Michigan - All rights reserved

While the DFCU Financial Board of Directors intends to pay Cash Back every year, and has done so since 2006, Cash Back is not guaranteed and will depend on our financial performance and other factors. Annual Cash Back payments are limited to an aggregate of $25,000 for each tax-reported owner. The IRS requires that Cash Back for an IRA be paid to the same IRA account, and that it be open when Cash Back is deposited. Cash Back to Business Banking members is subject to additional terms. Anyone who causes DFCU Financial a loss for any reason is not eligible for Cash Back.