Lock in a 12-month certificate
%APY1
with free rate bump option 2
Overview
Rest easy knowing you’re growing your company’s savings faster and building a brighter future for your business.
Rates1
View all ratesWith active checking
Earn up to % APYStandard (without active checking)
Earn up to % APYCalculate your savings
Final Balance
Contributions: | Earnings:Your hard-earned money is safe
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Received Bauer Financial's 5-star Superior rating for strength based on financial data as of June 30, 2023.
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Named one of America’s Best Credit Unions by Newsweek.
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Businesses must qualify for Membership with RCU by meeting any of the following criteria:
- Primary operation of business must be in one our fields of Membership: Sonoma County, Marin County, Napa County, Mendocino County, Lake County, San Francisco County, Solano County, or Contra Costa County.
- If the business is a Sole Proprietorship and the owner is an existing Member.
- Existing business Members that will be establishing an additional account for the same business.
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RCU can open accounts for the following entity types:
- Sole Proprietor
- General Partnerships (GP)
- Limited Partnerships (LP)
- Limited Liability Partnerships (LLP)
- Limited Liability Companies (LLC)
- Corporations (Corp / Inc)
- Unincorporated Associations
- Community Organizations
- IOLTA
Corporations, Limited Liability Corporations (LLC), and Limited Partnerships (LP) can be filed in another state and still qualify for Membership. The business’ primary operations must be in one of the qualifying counties and the business must be registered with the California Secretary of State as a foreign company doing business in California.
The business must provide the appropriate TIN depending on type of business (Sole Proprietor, Partnership, LLP, etc.).
Businesses may operate under other names known as DBAs. (Doing Business As.) If the business is using a DBA they must provide us with a Fictitious Name Statement for each DBA. The Fictitious Name Statement may include multiple DBAs. The EIN on the account must match the Primary Business Name.
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Yes. In fact, monthly business checking fees may be waived for qualifying non-profits.
Have a question?
At RCU, we're known for our reliable service, and we'll answer your questions and calls quickly.
Support a bright future for your business by growing its savings at a higher rate
If you're looking for a savings account that can make your business's money work harder, open a business savings certificate today.
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1APY = Annual Percentage Yield. Certificate yields assume dividends remain in account until maturity, penalty imposed for early withdrawal. Fees may reduce earnings. Rates effective October 2, 2026 and are subject to change. To open, obtain, and maintain the advertised rate for the certificate, you must have a $1,000 deposit and an active checking account at RCU. Active checking is defined as a checking account having three or more transactions per month (excluding 24-Hour Telephone Teller, fee or dividend posting transactions).
2Promotion valid through October 31, 2026. Free one-time optional rate bump-up feature and add-on feature must be requested at account opening. Options are only available for a limited time and are available on all savings certificates and savings IRA accounts. For the one-time optional rate feature, you may request a rate increase equal to RCU’s current rates for the same product and term as of the date of request. For the add-on feature, deposits must be $500.00 or more and can be completed at any time during the certificate term. Both features will not carry over to the renewed product unless you request the feature(s) at renewal and are available.
3Certificate yields assume dividends remain in the account until maturity; penalty imposed for early withdrawals and is based on the term of the certificate and how many days the certificate has been opened. If funds are withdrawn within 6 days of opening, the penalty will be 7 days’ dividends, and may reduce principal. On a certificate with a 3-month term, the penalty is the lesser of dividends earned or 45 days’ dividends. On a certificate with a 4- to 23-month term, the penalty is the lesser of dividends earned or 90 days’ dividends. On a certificate with a 24-month term or longer, the penalty is the lesser of dividends earned or 180 days’ dividends. Fees may reduce earnings.
Rates
Short Term Certificate Rates
Short term with active checking
12-month certificates
Earn up to
APY
Short term without active checking
12-month certificates
Earn up to
%
APY
Business certificate application
Already have an RCU account?
(We’ll pre-fill your application)
New to RCU?
- Become a Member of RCU. (Eligibility and documentation requirements below)
- Enroll in digital banking.
- Log in to digital banking to open your new account.
Eligibility
Eligibility
To qualify for membership, the businesses’ primary operation must be in Sonoma, Marin, San Francisco, Lake, Napa, Contra Costa or Solano County.
Required documents
Before getting started, we recommend gathering the necessary documents to complete your application. A list of the requirements based on business type can be found on our Business Account Requirements page.
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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