Business Money Maker Account
Earn up to 2.79% APY2 – and get a first-year bonus APY for a limited time!
Are your business funds sitting in a low-performing savings account? It’s time to put them to work! Grow your savings much faster with the Business Money Maker Account from SLFCU. It’s a low-risk way to earn a great return on cash at hand or excess operating funds.
The Business Money Maker Account is perfect for businesses of all sizes and includes:
- Access to your funds anytime without penalty
- No minimum deposit
- No monthly maintenance fees
- No minimum balance requirement
- Check writing and ACH capabilities
TAKE ADVANTAGE OF OUR LIMITED-TIME OFFER – NOW THROUGH MAY 31!
Open a new Business Money Maker Account by May 31, 2024 to receive a bonus of 0.25% APY3 on top of our already great dividend rates! This promotional APY will apply for the first year the account is open.
Not a member yet? Apply for SLFCU business membership, call us at 505.293.0800 or 800.947.5328, or stop by a branch to discuss your needs.
Already a member? Email or call us to add the Business Money Maker Account today!
RATES
Check out how much your business could earn.
Business Money Maker Account - First-Year Promotional Rate
| Business Money Maker - 1st Year Promotional Rate | ||
| Effective Date: Saturday, April 27th, 2024 | ||
| Balance | Dividend Rate 1 | APY2 |
| $0.01 - $2,499.99 | 0.25% DR | 0.25% APY |
| $2,500.00 - $24,999.99 | 1.00% DR | 1.01% APY |
| $25,000.00 - $49,999.99 | 1.25% DR | 1.26% APY |
| $50,000.00 - $99,999.99 | 2.25% DR | 2.28% APY |
| $100,000.00 - $249,999.99 | 2.75% DR | 2.79% APY |
| $250,000.00+ | 3.00% DR | 3.05% APY |
Business Money Maker Account
| Business Money Maker | ||
| Effective Date: Saturday, April 27th, 2024 | ||
| Balance | Dividend Rate 1 | APY2 |
| $0.01 - $2,499.99 | 0% DR | 0% APY |
| $2,500.00 - $24,999.99 | 0.75% DR | 0.75% APY |
| $25,000.00 - $49,999.99 | 1.00% DR | 1.01% APY |
| $50,000.00 - $99,999.99 | 2.00% DR | 2.02% APY |
| $100,000.00 - $249,999.99 | 2.50% DR | 2.53% APY |
| $250,000.00+ | 2.75% DR | 2.79% APY |
Business Money Maker Accounts cannot be used for courtesy pay or bill payments in SLFCU online and mobile banking.
1Dividend rate and APY may change at the discretion of the Board of Directors.
2APY = Annual Percentage Yield. DR = Dividend rate. APY applies if dividends are not withdrawn during the term. Share accounts are federally insured to at least $250,000 by the National Credit Union Administration (NCUA), an agency of the U S. Government. Yields are determined at the time of investment. Membership required.
3Promotional APY is applicable to new Business Money Maker Accounts opened until 05/31/2024 and it remains in effect for one year from the account opening date. The promotional APY and DR will begin to accrue on the same business day a deposit is made to the account. After the promotional period ends, rates will be subject to the current rates in effect at the time. Account must be in good standing to earn the promotional APY. Available to existing and new SLFCU business members.
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