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Business Savings

Earn interest on your business' funds

Space Coast Credit Union provides a basic business savings account, offering easy management and quick access to your funds. A Business Regular Savings account is our required primary membership account, and establishes you as an owner/member of Space Coast Credit Union.
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Product Features

Terms & Fees
Minimum Opening Deposit $5
Minimum Daily Balance None
Monthly Low Balance Fee None
Transaction Limits 6/mo per government regulation
Transaction Fees None
Earns Interest Yes
Check Copies Free in Online Banking
Multiple Business Account Holders Allowed

Business Savings Account Rates

Effective Date: January 01, 2021
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Balance Interest Rate APY^
$0 - $499.99 0.05% 0.05%
$500 - $2,499.99 0.05% 0.05%
$2,500 to $9,999.99 0.05% 0.05%
$10,000 to $49,999.99 0.05% 0.05%
$50,000.00 to $99,999.99 0.05% 0.05%
$100,000 and above 0.05% 0.05%
Minimum average daily balance required for some accounts. Rates are accurate as of the effective date displayed, and they are subject to change. The APY (Annual Percentage Yield) is a percentage rate that reflects the total amount of interest paid on the account, based on the interest rate and the frequency of compounding for a 365-day period.

There are no transaction limitations on your savings account at this time. As of April 24, 2020, the Federal Reserve Board temporarily suspended Reg D until further notice.
BUSINESS SAVINGS ACCOUNTS: Minimum average daily balance required for some accounts. Federal regulation requires SCCU to limit withdrawal to six (6) transactions, within a calendar month, on savings and money market accounts. Fees could reduce earnings on the account.