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Business Money Market

As a business owner, you deserve to make the most of your money

Open a business money market account that offers higher dividends and allows you to withdraw at any time.

Open a Business Money Market Account

Overview

Know you’re making the most of your business’s money and taking a responsible and efficient step to support your company’s financial future by saving with a business money market account.

 

Rates*

View all rates

Balance MM Rates

Earn up to  % APY

MM Growth Rates

Earn up to  % APY

Highlights

Earn dividends on your balance

Start earning dividends on balances of $100+ in a Business Money Market Growth account, or on balances of $2,500+ in a Business Balance Money Market account.

Check-writing privileges

Unlike other savings account options, you can write checks from your money market account and have access to your funds while earning dividends on the balance. 

Open with a $5 deposit

Start saving easily with a simple, affordable first deposit of at least $5.

Good to know

Must have a business savings account

To open a money market account you need to have a regular business savings account.

Active checking account requirement

To get started with a Business Balance Money Market account, you'll need to have an active business checking account.

Calculate your savings

Final Balance

Contributions:     |    Earnings: 
Initial Deposit
$
Rate
%
$
Term Years

This calculation represents an estimate

Your hard-earned money is safe

  • a-plus-stability-rating

    Rated one of 21 strongest credit unions in the US by Weiss Ratings in 2021

  • 4th-healthiest-cu

    Rated 4th healthiest credit union in the US by Glatt Consulting HealthScore in 2020

Have a question?

At RCU, we're known for our reliable service, and we'll answer your questions and calls quickly.

Contact Us Schedule Appointment

When it comes to your growing company, you deserve only the best

Open a business money market account that pays dividends and allows you to withdraw funds when you need them.

Open a Business Money Market Account

  • APY = Annual Percentage Yield. Fees may reduce earnings. Business must establish and maintain active RCU checking account. Active checking is defined as a checking account having three or more transactions per month (excluding telephone teller or dividend posting transactions). Minimum balances must be maintained in order to earn dividends.

Rates

Business Money Market Rates

 

Open a Business Money Market Account

To open a business money market account, contact us or visit your nearest RCU branch.

PPP Forgiveness Application Deadline

Congress passed The Economic Aid Act which changed the deferment period from 6 months post covered period to 10 months post covered period. For example, if your covered period ended June 30, 2021, under the new guidelines the earliest your first loan payment wouldn’t be due until April 2022, and you have until then to request forgiveness. Please use the following calculation to help you identify when your forgiveness will be due:

  • PPP borrowers may select a covered period anywhere from 8 weeks to 24 weeks.
  • RCU is automatically calculating your loan due date based on a 24-week covered period, if you intend on using a shorter covered period please inform us immediately as this will impact your due date.
  • Your correct deadline will be reflected in your online banking account.

If all or part of your PPP loan is not forgiven, your first loan payment will be due the first of the following month after a decision is made by the SBA.

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