Smart Solutions for Business Savings
Beacon Credit Union Business Deposit Rates
Explore our current business deposit rates and find the right savings, money market, or certificate account to support your business’s financial goals.
BUSINESS CHECKING ACCOUNTS
| Business Interest Plus Checking — Minimum to Open: $500 | |||
|---|---|---|---|
| Tier | Balance to Earn APY1 | Dividend Rate | APY1 |
| 1 | $0.01 to $10,000.00 | 3.97% | 4.04% |
| 2 | $10,000.00 to $50,000.00 | 0.10% | 4.04% - 0.89% |
| 3 | $50,000.01 - $1,000,000.00 | 0.00% | 0.00% |
| Additional qualification must be met to earn Tier 2 dividend. | |||
| Dividends Compounded: Monthly. | |||
| Business Basic Checking — Minimum to Open: $50 | ||
|---|---|---|
| Balance to Earn APY1 | APY1 | Dividend Rate |
| N/A | 0.00% | 0.00% |
| Dividends Compounded: Monthly. | ||
| Business Advantage Checking — Minimum to Open: $100 | ||
|---|---|---|
| Balance to Earn APY1 | APY1 | Dividend Rate |
| N/A | 0.00% | 0.00% |
| Dividends Compounded: Monthly. | ||
BUSINESS SAVINGS ACCOUNTS
| Regular Share (Business Savings) — Minimum to Open: $25 | ||
|---|---|---|
| Balance to Earn APY1 | APY1 | Dividend Rate |
| $500 | 0.05% | 0.05% |
| Dividends Compounded: Monthly. | ||
BUSINESS MONEY MARKET ACCOUNTS
| Premier Money Market (Limited Time Offer) — Minimum to Open: $100 | |||
|---|---|---|---|
| Tier | Balance to Earn APY1 | Dividend Rate | APY1 |
| 1 | $0.00 - $2,499.99 | 0.01% | 0.01% |
| 2 | $2,500.00 - $24,999.99 | 0.05% | 0.05% |
| 3 | $25,000.00 - $49,999.99 | 2.48% | 2.50% |
| 4 | $50,000.00 - $99,999.99 | 2.96% | 3.00% |
| 5 | $100,000.00 - $499,999.99 | 3.44% | 3.50% |
| 6 | $500,000.00 & Greater | 3.93% | 4.00% |
| Dividends Compounded: Monthly. | |||
| 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. Dividend applied is based upon the highest tier applicable to your average daily balance when monthly processing occurs. Rates are subject to change. | |||
| Business Money Market — Minimum to Open: $1,000 | |||
|---|---|---|---|
| Tier | Balance to Earn APY1 | Dividend Rate | APY1 |
| 1 | $0.00 - $2,499.99 | 0.01% | 0.01% |
| 2 | $2,500.00 - $4,999.99 | 0.05% | 0.01% - 0.03% |
| 3 | $5,000.00 - $9,999.99 | 0.10% | 0.03% - 0.07% |
| 4 | $10,000.00 - $24,999.99 | 0.15% | 0.07% - 0.12% |
| 5 | $25,000.00 - $49,999.99 | 0.50% | 0.12% - 0.31% |
| 6 | $50,000.00 - $99,999.99 | 1.49% | 0.31% - 0.90% |
| 7 | $100,000.00 or Greater | 1.74% | 0.90% - 1.67% |
| Dividends Compounded: Monthly. | |||
| *The Beacon Business Tiered Money Market is a blended rate product. Members will earn the stated APY from each of the minimum balance points in each tier. Please contact Beacon Credit Union if you have any questions 1.800.868.6655. | |||
BUSINESS SHARE CERTIFICATES
| Business Certificates — Minimum to Open: $500 | |||
|---|---|---|---|
| Type | Balance to Earn APY1 | Dividend Rate | APY1 |
| 3 Months | $500 | 0.05% | 0.05% |
| 6 Months | $500 | 0.10% | 0.10% |
| Dividends Compounded: Monthly. | |||
| For all business share certificates, the early withdrawal penalty is 30 days of dividend whether earned or not. | |||