Business Savings Account
BUSINESS SAVINGS ACCOUNT RATES
[1] APY – Annual Percentage Yield. Rates may change after the account is opened. Terms, conditions, and services are subject to change without notice. Fees could reduce earnings on the account. Certain restrictions may apply.
[1] APY – Annual Percentage Yield. Rates may change after the account is opened. Terms, conditions, and services are subject to change without notice. Fees could reduce earnings on the account. Certain restrictions may apply.
Start your Business Savings Account application
Business Bank Account Features
When you open a Business Savings Account at CCCU, you and your business will become a member-owner of the credit union! Join a credit union that wants the best for you and your growing business.
Low Minimums
Earn Dividends
No Monthly Fees
Accessible
Business Certificate of Deposit
With a Certificate of Deposit for your business, you can earn interest on your savings and have your money ready for you when the term is complete. Choose the terms that work for your timeline (from 6 months to 5 years) and watch your money grow!
If you know your business will have a big expense in a few years, a Certificate of Deposit is a great option to set that money aside now and let it earn interest in a relatively low-risk investment.
Is my business eligible to join?
At CCCU, we've been serving local businesses since 1954 and we'd love to support yours! To qualify for CCCU membership, your business must meet at least one of the below conditions.
- Your business is located in Oregon or Washington: Clackamas, Columbia, Hood River, Multnomah, Washington, Yamhill, Clark, or Skamania counties.
- Your business is owned by CCCU member(s) or membership-eligible person(s). All owners must live, work, worship, own a business, or go to school in one of the eligible counties.
Business Account Requirements
LLC
- Employer Identification Number (EIN)
- Business Registry Name
- Articles of Organization
- Operating Agreement (may be required)
Corporation
- Employer Identification Number (EIN)
- Business Registration
- Articles or Certificate of Incorporation
- Bylaws
- Meeting minutes (preferred)
Unincorporated Assocations
- Employer Identification Number (EIN) or Social Security Number (SSN)
- Organizing documents
- Articles of Association or Bylaws
- Board Meeting minutes stating you have decided to open account with CCCU
Sole Proprietorship
- Business Name Registry
- If you do business under your full name with no extra words, it is possible for us to open an account without the business registration.
- Employer Identification Number (EIN) or Social Security Number (SSN)
Non-Profit
- 501c Ruling Letter
- Business Registration
- Articles or Certificate of Incorporation
- Bylaws
- Meeting Minutes (preferred)
Partnership
- Employer Identification Number (EIN)
- Business Registration
- Partnership Agreement
Business Bank Account Resources
Employee Benefit
Tax Assistance
State Resources
What our members are saying:
“I've been a member since it was Jantzen Federal Credit Union. Now I have moved from The Big City but keep my account there. Customer service is excellent. Some of the larger Credit Unions lack the personal connection CCCU has. And I really support the member-owned idea, as opposed to for-profit banks (who seem to always be tweaking the rules and charges to extract money from their customers).”
Markus O.“I have been a member in some capacity for almost 40 years. I no longer live in OR but have continued to do my banking with CCCU for almost 15 years. I could not be happier with my experience.”
Michael P.“The absolute best customer service!!! They know me by name. They respect my time. They are kind to my kids. And, because of my direct deposit, I don't have a monthly fee! This bank made living through the pandemic just a little bit more bearable.”
Name Sofia S.New in Our Blog
Enjoy browsing our collection of recent blog articles designed to help you learn and grow your business!
DISCLOSURES
Membership eligibility required to open account. [2] An initial deposit of $5 is required to gain your stake in the credit union. All members must maintain a $5 minimum balance in their Savings account to remain a member-owner and demonstrate regular activity in their account to keep it open. [3] Dividends are paid from current income and available earnings after required transfers to reserves at the end of a dividend period.