Business Savings Account
Save for Your Next Business
Move
Set cash aside for tax season, unexpected dips, or equipment upgrades with savings built to grow as you do.
Explore Business Savings Accounts
Business Advantage
For the business that's just getting going.
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$5 minimum balance
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Makes your business a member-owner of CCCU
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Opens access to all of our business accounts, loans, and services
Money Market Savings
For an established business ready to earn on its balance.
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$2,500 minimum balance
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Interest accrues daily and is paid monthly
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Rates are variable and subject to change
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A monthly fee applies when the balance falls below the minimum
Certificates of Deposit
For planned capital you can set aside for guaranteed returns.
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$1,000 minimum balance
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A range of terms to fit your timeline
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Flexible interest repayment options
$5 Makes You an Owner
Put $5 into savings, and your business owns a piece of the place where you bank. Because we’re not-for-profit, our earnings go right back to your bottom line through better rates, lower fees, and local support.
Keep Checking and Savings in Sync
Connect your savings reserves to CCCU Business Checking to sweep funds, cushion payroll, and move money between accounts right from your phone.
Without City & County Credit Union, Be a Boarder could not have become a legitimate 501(c)(3) organization. Plus, managing our business account is simple, hassle free and doesn't have all the fees other banks have, which makes our work easier so we can focus more on our mission.
— Be a Boarder, Business Member Since 2017
Make the Switch Without the Headaches
Use our step-by-step guide to move direct deposits, vendor payouts, and card processing so your business never skips a beat.
Business Saving Account FAQs
Why does my business need a savings account?
Your business needs a savings account to become a member of City & County Credit Union, because every CCCU business account, loan, and service starts with a business savings account and a $5 minimum balance.
What's the difference between money market savings and a certificate?
A money market account keeps your money available and earns a variable rate on balances of $2,500 or more. A certificate holds a set amount ($1,000 minimum) for a fixed term, usually in exchange for a higher rate.
What happens if my money market balance drops below $2,500?
Who can open a business savings account?
Businesses in our service area can open one. That covers the following counties in Minnesota:
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Anoka
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Carver
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Chisago
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Dakota, Hennepin
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McLeod
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Meeker
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Ramsey
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Scott
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Sherburne
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Sibley
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Washington
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Plus, Pierce and St. Croix counties in Wisconsin
Where can I find current rates?
Is my money insured?
Yes. Deposits are federally insured by the NCUA, with additional coverage through Excess Share Insurance for up to $500,000 total.
Built in Saint Paul for Businesses Like Yours
We’ve backed local business owners since 1928. Work with advisors who understand your goals, keep decisions local, and genuinely care about your company’s next chapter.