Maximize your business earnings
Ideal CU Business Savings and Money Market Accounts give you access to your funds anytime and offer competitive rates to keep your business dollars working for you.
Business High Yield Money Market
A high yield money market is a great solution for business owners who want to maintain access to their funds but still earn a high yield. If you have large balances sitting somewhere else earning a lower rate, it’s time to move them over to Ideal CU. We look forward to yet another opportunity to help you succeed!
Business High Yield Money Market 3.75% APY* Special
Put your money into an account that gives you easy access, higher interest and investment security. With this special you’ll earn a guaranteed rate through to the end of the year on balances of $25,000 or higher. $25,000 of that balance is required to come from outside a currently held Ideal CU account.
To qualify for promotional rates, existing money market account holders must add a minimum additional $25,000 from sources outside of Ideal CU to the account.
Money Market Special Rates
| Balance1 | Interest Rate | APY* |
|---|---|---|
| $0 - $24,999.99 | 0.00% | 0.00%o |
| $25,000 + | 3.69% | 3.75%o |
| 1. $10 charge for balances below $25,000 during the month. *APY = Annual Percentage Yield. To qualify for promotional rates, existing money market account holders must add a minimum additional $25,000 from sources outside of Ideal CU to the account. Fees may reduce earnings. Rates subject to change at any time. oDividends paid monthly. |
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Business High Yield Money Market1
Minimum opening balance: $25,000.00.
| Balance | Interest Rate | APY* |
|---|---|---|
| $0 - $24,999.99 | 1.00% | 1.00% |
| $25,000.00 - $99,999.99 | 1.05% | 1.06% |
| $100,000.00 - $249,999.99 | 1.10% | 1.11% |
| $250,000.00 + | 1.30% | 1.31% |
| *APY = Annual Percentage Yield. Rates subject to change at any time. 1. $25,000 minimum opening balance. $15 charge for balances below $25,000 during the month. |
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Business Certificates
Our certificates are available for both our personal and business account members, offering the opportunity to start enjoying a competitive high rate on your savings dollars. Grow your business earnings with insured, fixed rate CD options.
- Terms from 91 days to 60 months available
- Start with as little as $500 based on the CD and term you select
- Enjoy competitive savings rates
7-Month New Money Certificate Special
| Minimum Opening Balance | Term | Interest Rate |
APY*
|
|---|---|---|---|
| $500 + | 7 Months | 4.17% | 4.25% |
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*APY = Annual Percentage Yield. The Annual Percentage Yield assumes interest remains on deposit until maturity. Rates subject to change at any time. Open with a minimum of $500 from sources outside of Ideal. If combining with existing funds deposited at Ideal, a minimum of $10,000 in additional new money is required. Interest begins to accrue on the business day you deposit any non-cash item (for example, checks). Interest is compounded and credited on a monthly basis. A penalty may be imposed for early withdrawal. Certificate Special is available as a traditional or IRA CD. Penalty for early withdrawal - CDs with maturity dates greater than 12 months will be assessed the lesser of 180 days interest or interest earned/CD with maturity dates 12 months or less will be assessed the lesser of 90 days interest or interest earned. Fees may reduce earnings. |
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Other Savings & Investment Options
Other savings & investment options
Ideal Credit Union offers additional savings & investment options for you, your business, and its employees.
No Interest Savings
- Perfect for clubs, organizations, and non-profits with specific business requirements.
Premium Money Market
- Perfect for business owners who want to earn tiered interest on funds while still maintaining liquidity.
Simplified Employee Pension Plans
- A tax-favored plan that enables self-employed and small employers to build retirement funds.
Health Savings Accounts (HSAs)
- Do you offer a high-deductible health plan? If so, your employees can pair it with an Ideal HSA with a competitive yield.
