Business Savings Accounts - Mutual First Federal Credit Union

online banking login

Business Savings Accounts

online banking login

As a business owner, managing your savings accounts is not at the top of your list. Set up your business savings account or business money market account with us and your money will grow so you don’t have to think about it until you need it.

  Statement Savings Account Commercial Money Market Account
Business Size Smaller businesses looking for a simple way to grow their money Businesses with larger reserves looking for a higher dividend rate
Dividend Rate 0.15% APY* Tiered rates maximize savings; up to 0.60% APY* view full rate tiers
Dividends Paid Quarterly Monthly
Minimum balance required to earn dividends $0 $25,000
Monthly fee No monthly fees when enrolled in estatements $10, waived on balances over $25,000 and with enrollment of estatements
Withdrawals or transactions 4 free transfers per month; 2 free ACH withdrawals or checks per month* 4 free transfers per month; 2 free ACH withdrawals or checks per month*
Access funds Via check, ACH or transfers using online or mobile banking Via check, ACH or transfers using online or mobile banking
Online banking Free Free
Mobile banking with desktop or mobile deposit Free Free
Direct deposit Free Free

To open an account, contact our Business Services department.

Not a member? Join us

Your business accounts are safe and secure, insured up to $250,000 by the National Credit Union Administration (NCUA).
*APY = Annual Percentage Yield. Rates as of 6/1/2015. Rates are variable and may change after the account is opened. Statement Savings Account will receive a $5.00 fee for each transfer exceeding 4, or after 6 combined electronic transfer, ACH and check transactions. Rate tiers for Commercial money market accounts are as follows: 0.00% APY applies to balances between $0.01 - $24,999.99; 0.20% APY applies to balances between $25,000.00 - $49,999.99; 0.30% APY applies to balances between $50,000.00 - $99,999.99; 0.45% APY applies to balances between $100,000.00 - $249,999.99; and 0.60% APY applies to balances between $250,000.00 – $9,999,999.99. Commercial Money Market Account will receive a $5.00 fee for each transfer exceeding 4, or after 6 combined electronic transfer, ACH and check transactions. Fees may reduce earnings. Minimum to open account is $5. Mobile banking is free; data and other wireless carrier charges may apply.

Connect with Us

livechat

Live Chat

Currently Unavailable
news

Our Blog

mail

Email Sign Up

navigation

Locations

facebook_bottom

Facebook

twitter_bottom

Twitter