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Business Savings Account

Reach your business goals with CCCU. Our Business Savings Account has no monthly fee and earns dividends!

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. 

Rates as of: February 1, 2024
Account Balance
Min Balance to Receive Dividends
DIVIDEND RATE
APY1
Account Balance
$100 - $4,999.99
Min Balance to Receive Dividends
$100.00
DIVIDEND RATE
0.20%
APY1
0.20%
Account Balance
$5,000+
Min Balance to Receive Dividends
$100.00
DIVIDEND RATE
0.30%
APY1
0.30%
Rates as of: September 5, 2023
Term
DIVIDEND RATE
APY1
Term
6 Months
DIVIDEND RATE
1.54%
APY1
1.55%
Term
1 Year
DIVIDEND RATE
1.74%
APY1
1.75%
Term
2 Years
DIVIDEND RATE
1.99%
APY1
2.00%
Term
3 Years
DIVIDEND RATE
2.23%
APY1
2.25%
Term
4 Years
DIVIDEND RATE
2.38%
APY1
2.40%
Term
5 Years
DIVIDEND RATE
2.48%
APY1
2.50%
Rates as of: September 5, 2023
Term
DIVIDEND RATE
APY1
Term
6 Months
DIVIDEND RATE
1.74%
APY1
1.75%
Term
1 Year
DIVIDEND RATE
1.99%
APY1
2.00%
Term
2 Years
DIVIDEND RATE
2.23%
APY1
2.25%
Term
3 Years
DIVIDEND RATE
2.48%
APY1
2.50%
Term
4 Years
DIVIDEND RATE
2.58%
APY1
2.60%
Term
5 Years
DIVIDEND RATE
2.67%
APY1
2.70%
Rates as of: September 5, 2023
Term
DIVIDEND RATE
APY1
Term
6 Months
DIVIDEND RATE
1.99%
APY1
2.00%
Term
1 Year
DIVIDEND RATE
2.23%
APY1
2.25%
Term
2 Years
DIVIDEND RATE
2.48%
APY1
2.50%
Term
3 Years
DIVIDEND RATE
2.72%
APY1
2.75%
Term
4 Years
DIVIDEND RATE
2.82%
APY1
2.85%
Term
5 Years
DIVIDEND RATE
2.92%
APY1
2.95%

[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.

Small business bike repair shop uses a CCCU Business Savings Account to save for a rainy day.

Low Minimums

If you're a small business or just getting started, you can open a Business Savings Account with just $5!2

Earn Dividends

Watch your savings and your business grow when you earn dividends on you average monthly balance!3

No Monthly Fees

Grow your business without a monthly fee on your Business Bank Account because every dollar counts!

Accessible

For the busy entrepreneur, we offer 24/7 account access with online and mobile banking!

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. 

Business woman uses a Certificate of Deposit for her business to earn interest on her savings.
Landscaping business saves with a CCCU Business Savings Account.

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

In addition to these eligibility requirements, we will need 2 pieces of ID from each authorized signer as well as the documents listed below (select your business type).
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

You can share your CCCU membership as a benefit to your employees. We offer new hire packets, custom marketing materials, seminars, and more!

Tax Assistance

Electronic Federal Tax Payment System (EFTPS) is a free service from the U.S. Dept. of Treasury that allows business owners to make federal tax payments online 24/7! 

State Resources

If you're ready to register a business name or want to research registered businesses in Oregon, the State of Oregon Corporate Division is a great resource!

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.

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.