Business Savings
Watch your business thrive with the savings you earned.
Let Mutual build your savings while you build your business
Earn competitive dividends on your business savings with Mutual.
Business Money Market
- Enjoy flexibility with enhanced access to funds
- Earn competitive, tiered dividends on average daily balances of $2,500 or more
- The higher your balance, the better your rate
- $2,500 minimum deposit to open
- No monthly service charge
Business Certificate Accounts
- Provides more guarantee than other business investments
- Competitive, fixed rates that are higher than standard savings
- The longer your term, the higher your rate
- No monthly service charge
- Early withdrawals subject to penalty
- Renews automatically upon maturity after 10-day grace period
|
Account |
Minimum Opening Deposit |
APY* |
|---|---|---|
|
*APY= Annual percentage yield. |
||
|
Account Business Money Market Account (Tiered Rate Account) |
Minimum Opening Deposit $2,500 – $149,999.99 |
APY* 0.40% |
|
Account Business Money Market Account |
Minimum Opening Deposit $150,000 – $249,999.99 |
APY* 1.50% |
|
Account Business Money Market Account |
Minimum Opening Deposit $250,000 & Greater |
APY* 2.50% |
|
Term |
Minimum Opening Deposit |
APY* |
|---|---|---|
|
*APY = Annual Percentage Yield. APY is accurate as of 2/8/23. Requires $1000 minimum balance to open. We reserve the right to end or modify these offers at any time. The dividend rate for your renewed term certificate will be determined at the maturity date. Early withdrawals are subject to penalties. As required by federal regulations, there is a substantial penalty for early withdrawals. 3 month, 6 month, and 12 month certificates, including IRAs, are subject to a loss of 30 days interest, whether earned or not. 18 month, 24 month, and 30 month certificates, including IRAs are subject to a loss of 90 days interest, whether earned or not. ALL DEPOSITS ARE FEDERALLY INSURED UP TO AT LEAST $250,000.00 BY THE NCUA. |
||
|
Term 6 Month |
Minimum Opening Deposit $1,000 |
APY* 0.15% |
|
Term 12 Month |
Minimum Opening Deposit $1,000 |
APY* 0.35% |
|
Term 18 Month |
Minimum Opening Deposit $1,000 |
APY* 0.40% |
|
Term 24 Month |
Minimum Opening Deposit $1,000 |
APY* 0.50% |
|
Term 30 Month |
Minimum Opening Deposit $1,000 |
APY* 0.60% |
|
Term 36 Month |
Minimum Opening Deposit $1,000 |
APY* 0.70% |
|
Term 48 Month |
Minimum Opening Deposit $1,000 |
APY* 0.75% |
Ready to open your business savings account?
Request business banking information
Please complete the form below, and a Mutual representative will contact you within 8 hours. Please do not include personal information such as account and social security numbers. Thank you for choosing Mutual CU!