Grow your business savings at a higher rate
Start a business savings certificate to grow your company's savings with higher dividends compared to other savings accounts.
Overview
Rest easy knowing you’re growing your company’s savings faster and building a brighter future for your business.
Rates
View all ratesWith active checking
Earn up to  % APYStandard (without active checking)
Earn up to  % APY-
Good to know
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Minimum balance requirements
A minimum balance of $1,000 is required to open a business savings certificate.
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Early withdrawal penalties
The funds cannot be accessed until the certificate's term ends. An early withdrawal may be subject to a penalty.*
Calculate your savings
Final Balance
Contributions: | Earnings:Your hard-earned money is safe
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Rated one of 21 strongest credit unions in the US by Weiss Ratings in 2021
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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.
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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*APY = Annual Percentage Yield. Certificate 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 If funds are withdrawn within 6 days of opening, the penalty will be 7 days’ dividends, and may reduce principal.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
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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