Business Money Market
Promo Alert!
Our Money Market account offers up to 4.00% APY‡ on your business balances.
Don’t miss this incredible opportunity with our Money Market account, offering up to 4.00% APY‡ on your business balances.
- Grow your deposit
- Liquid assets
- Competitive rates
- And more!
‡APY = Annual Percentage Yield. Restrictions Apply.
Business Premier Money Market
Bring Your Business Money Market to Beacon for 4.00% APY* Today!
The higher your balance, the higher your return when you bring your Business deposit account to Beacon.
Enjoy competitive rates designed to help your savings grow faster while keeping your money safe and accessible.
- Must be new funds, not already on deposit with a Beacon account
- Grow your deposit
- Liquid assets
- Competitive rates
- and more!
Not only will you benefit from a competitive dividend, but unlike certificates that are locked into a specific number of years, you’ll have full access to your money whenever you need it with limited withdrawal penalties. In addition to liquidity, money markets are the perfect low-risk investment opportunity for anyone looking to grow their emergency funds, save for short and long-term goals, or plan for significant life events.
*APY = Annual Percentage Yield.
Beacon’s Premier Money Market rate is only valid on new accounts for members who have not had an open consumer or business money market within the past 90 days. There is a $100 minimum deposit required to open the account and the account cannot be funded with deposit money that is already in a Beacon deposit account. Dividends are calculated and applied based on the highest dividend tier applicable to your daily average balance as of the last day of the monthly dividend period. Click here to see tiers on Beacon’s deposit rate page . Rates are subject to change.
Business Horizon Money Market
Grow Your Business Funds with Beacon’s Horizon Money Market Account.
Maintain fluidity in your funds while your balance increases and your business profits.
Beacon’s Business Money Market Accounts are the perfect solution for your deposit needs. While you earn a higher dividend than a standard commercial savings account, you also have access to your funds, unlike a share certificate. You can make up to six withdrawals a month without fees, keeping your business assets liquid for any expenses that you may run across.
Perks of Beacon’s Money Market Account:
- Competitive Rates
- Easy access to your funds with Beacon Online Banking
- Up to six withdrawals each month
- $1,000 minimum to open
- Start earning dividends at $2,000
To learn more about Beacon’s Business Money Market Accounts, each out to our business lenders today.
Beacon Learning Center
Expert advice and tips to help you make smart financial decisions.
How to File Taxes for Your Small Business
The Tax Cuts and Jobs Bill reformed not only individual taxes but also corporate taxes, including small businesses. That means when you file, you might have some new things to take into consideration if you have a small business.
The Ins and Outs of Commercial Banking
Do you ever wonder what happens to the money you deposit into your checking account? Let’s find out the hows and whys of commercial banking. We’ll look at things from a customer’s perspective first.
Everything You Need to Know to Get Started With Business Accounting
Being able to understand the terminology used on financial statements is key to knowing if businesses you’re involved with are healthy. Reporting requirements vary across different types of companies. Sole proprietorships, for instance, have much simpler requirements than public companies.
When to Have Separate Accounts for Business Expenses
Keeping your business expenses separate from personal expenses can be an important habit to build if you want simple IRS tax return filings. Doing this can take a few weeks of daily practice. But not doing this could give the IRS a reason to audit you. Here are five easy tips for tracking business expenses.
Business Solutions
Support your growth with business solutions from Beacon Credit Union, including tools designed to help you manage expenses, improve cash flow, and grow with confidence. With convenient access, competitive rates, and trusted local service across Central and Southwest Virginia, Beacon delivers the resources your business needs to succeed.
Ready To Take The Next Step?
*APY=Annual Percentage Yield.