Save smarter for the future of your business.
At Members First, we understand the importance of empowering business leaders and creators, so they can confidently do what they love while their businesses prosper. That’s why we offer a variety of business savings accounts with great rates, so you can easily save for future endeavors.
Savings Account
Opening a savings account is super easy! Stop by a branch to get started. You will need $5 to establish your membership to open the account.
| Account Type | Dividend Rate | Annual Percentage Yield | Minimum Balance |
|---|---|---|---|
| Regular Shares * | 0.25% | 0.25% | $5.00 |
| Special Savings * | 0.25% | 0.25% | N/A |
| *Dividends are calculated by the daily balance method and credited on the last day of each quarter. Rates are variable and may change after account is opened. Rates and terms are subject to change as determined by the Board of Directors. | |||
Money Market Account
If you’re looking to accelerate your business savings, our Money Market Account can help you reach your savings goals faster, whatever they may be.
Like a savings account, our Money Market Account pays interest and is insured by the National Credit Union Administration (NCUA). You can make deposits anytime and have flexible access to your money whenever your business needs it. The difference is that this account lets you write checks.
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No minimum opening balance.
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No minimum balance.
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No monthly service charge.
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No early withdrawal penalty.
| Balance | Annual Percentage Yield |
|---|---|
| $0 - $500.00 | 4.00% |
| $500.01 - $1,000.00 | 1.75% |
| $1,000.01 - $10,000.00 | 0.55% |
| $10,000.01 - $25,000.00 | 1.01% |
| $25,000.01 - $50,000.00 | 1.26% |
| $50,000.01 - $100,000.00 | 1.51% |
| $100,000.01 - $200,000.00 | 1.76% |
| $200,000.01 + | 2.02% |
| Dividends are determined based on a tiered rate method. This means that the interest rate paid on the entire balance in your money market account will be determined by the tier in which your current balance resides. Dividends are calculated by the daily balance method and credited on the last day of each month. Rates are variable and may change after the account is opened. | |
| Savings Calculators | |
