Business Savings Accounts | Redstone Federal Credit Union

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Business Savings

In times of need and in times of growth, a financial cushion will help your business stay on track. Prepare for unexpected expenses, set money aside for taxes, and create an emergency fund for peace of mind. And, as your company grows, you can use your savings to expand, build, or offer more services.

Save wisely with an Endeavor Money Market or Endeavor Savings Account. Both options earn dividends at great dividend rates and still allow you to access your savings when you need to transfer funds. With the Endeavor Money Market’s tiered rate structure, you earn more when you save more. 

Which option is right for your business?

Endeavor Savings | Business Accounts | Redstone Federal Credit Union

Endeavor Savings

Offers great dividend rates, no monthly maintenance fees, and no minimum opening deposit.

NO minimum balance requirement

NO monthly maintenance fee

Earn dividends at great rates 

Up to six withdrawals per month

Endeavor Money Market

Endeavor Money Market

Potentially earns higher dividend rates than Endeavor Savings. The higher your balance, the higher the dividend rate.

$2,000 minimum deposit required to open account

Earn higher dividends on balances over $2,000

Tiered Annual Percentage Yield (APY) based on balance

Up to six withdrawals per month*

Rate section

0.75%

Endeavor Savings Rate

APY Accurate as of August 1, 2018

$2,000

Minimum Balance

$0

Monthly Maintenance Fee

With an Endeavor Money Market Account, the more you save, the more you earn. Dividend rates increase starting at a $5000 balance

APY Accurate as of August 1, 2018

Visit a Branch to Get Started or Call for more Info

Must be current RFCU member or Membership Partner to open a business account. Must be eligible for membership and open a share savings account to become a member. A $5 minimum balance is required to open a share savings account and must be maintained in the share savings account at all times. Other restrictions may apply.

There is no minimum balance to open or maintain the Endeavor Savings Account or to earn the disclosed APY. The minimum balance required to open and earn dividends for an Endeavor Money Market account is $2,000.00. No dividends will be earned for the length of time the balance is below $2,000.00. The minimum balance for the Endeavor Money Market account tier must be maintained to earn the annual percentage yield applicable for that tier. Dividends are paid monthly for Endeavor Money Market account. Rates may change every month as determined by the Board of Directors. Rates subject to change after account is opened. Fees and other conditions could reduce earnings on the accounts. These annual percentage yields are accurate as of the last dividend declaration date.

*If more than six checks clear the Endeavor Money Market account during a month, a Money Market Excessive Check Fee will be imposed per check in excess of six.

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