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Business Deposit Rates

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Your money has a bright future here

Our business account rates give a boost to your savings. As a not-for-profit credit union, we're able to reward our members in Texas and beyond with competitive rates on deposit accounts that are often higher than other institutions.

Business Savings Account
Minimum to Earn Dividend Dividend Rate APY*
$25 0.20% 0.20%
*APY - Annual Percentage Yield
Business Basic Checking Account
Minimum to Open Account Monthly fee Transaction fees
$25 $0 25 free transactions monthly*
*25 free transactions monthly, $.30 for each additional transaction.
Business Simple Checking Account
Minimum to Open Account Monthly fee Transaction fees
$100 $10* 50 free transactions monthly*
*Average daily balance of $1,000 to wave monthly fee. $.30 fee for each additional transaction after 50 transactions.
Business Plus Checking Account
Minimum to Open Account Monthly fee Transaction fees minimum to earn dividend Dividend Rate APY*
$500 $25* 300 free transactions monthly* $2,000 0.05% 0.05%*

*APY - Annual Percentage Yield. Fees could reduce earnings on this account. Average daily balance of $2,000 to wave monthly fee. $.30 fee for each additional transaction after 50 transactions. 

Money Market Account
Balance Dividend Rate APY*
$0.00 - $1,999.99 0.00% 0.00%
$2,000 - $19,999 0.60% 0.60%
$20,000 - $49,999.99 0.70% 0.70%
$50,000 - $249,999.99 0.80% 0.80%
$250,000 or greater 2.00% 2.02%
*APY - Annual Percentage Yield. Fees could reduce earnings on this account.
Share Certificate
term Minimum Deposit Dividend Rate APY*
3 Month $500 2.50% 2.53%
6 Month $500 3.50% 3.56%
1 Year $500 4.50% 4.59%
2 Year $500 3.50% 3.56%
3 Year $500 3.50% 3.56%
5 Year $500 3.50% 3.56%
*APY - Annual Percentage Yield. A penalty may be imposed for early withdrawals. Fees could reduce earnings on this account.

Handy Tools at Your Disposal.

Calculate your budget, see and compare the latest rates and discover what perks you gain for being a member of Education First Federal Credit Union.

 

Business Documentation

Whether you are looking to take a deep dive into your personal financial statement, learn more about opening up a business account, or even see a business loan checklist, you'll find everything you need right here. 

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Business Calculators

Whether you are determining equipment costs, cash flow, a business loan payment, or your financial ratio analysis, there is a calculator to help you.  

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Member Perks

When you want a better place to hold your accounts and grow your money, Education First is at the head of the class.

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