Business Savings Account
Saving you more, so you can spend time on the stuff that matters.
From fresh starts to new expansions
We’re here to support your growth—whatever stage your business is in. With zero fees and steady returns at balances as low as $300, you can be sure that every dollar saved is another step closer to striking at your next big opportunity.
Business Savings Benefits
Get rid of the growing pains
Whether you’re just starting out your small business or making a switch, building your business takes a strong foundation. Spend less, earn interest and dividends, and start setting your sights even higher.
Just $5 to open
A $5 deposit is all it takes to set up your account and get the growing going!
Waived fee at $300
Monthly upkeep fees just eat away at money you could be doing more with, so we do away with them at just $300.
Paid dividends at $300
Even the cash you set aside is going to work, so you can put more of your focus where it’s needed most.
Business Savings Account Details
Save for success
It might sound simple, but it’s supposed to. Growing a business isn’t easy, so we’ll save you the hassle anywhere we can.
- $300 minimum balance to earn dividends
- Dividends compounded and paid monthly
- Can be used as overdraft protection
- Monthly statements with e-activity, quarterly otherwise
- NCUA Federally insured up to $250,000
- Additional Excess Share Insurance (free of charge) only up to $100,000
- Up to $3 monthly maintenance fee, waived with $300 daily average balance
- Just $5 to open
Credit Union Business Account Opening Requirements
Start here
To make opening your business account as quick and easy as possible, please see the info below for required documentation.
Eligible Business Types
As a Michigan Credit Union dedicated to supporting our local communities, we’re proud to serve both businesses and non-profits across the state of Michigan, including:
- Sole Proprietorships
- Limited Liability Companies (LLCs)
- Partnerships
- Corporations
- Non-profits & Associations
Required Documents
Collect these ahead of time to make things easy!
- Business formation documents (e.g., Articles of Incorporation, Articles of Organization)
- Employer Identification Number (EIN) or Social Security Number for sole proprietors
- Operating agreement (for LLCs)
- Partnership agreement (for partnerships)
- Non-profit determination letter (for non-profits)
For complete details, see our Business Account Opening Checklist!
Open a Business Savings Account
Open a Business Savings Account
Getting started is easy—just send us a message or give our business team a call.
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All Business Accounts
Business accounts you can count on
We do it all when it comes to the businesses that keep Michigan going. From simple, no-sweat savings to checking with built-in payroll power, and money markets that make every dollar count, we’re here to handle whatever you can throw at us.
What We Do
Making Impossible Dreams come true on the daily.
Wherever you are on your financial journey, you Belong here.
