Having your own business gives you a sense of independence and freedom, but also greater responsibility. There’s equipment to purchase. Plans for expansion as your business grows. Our SCE FCU Business Savings Accounts are designed to meet your company’s immediate needs so that you can make long-range plans with confidence.
Prime Savings
Access this account through a variety of convenient methods – in person, by phone, via Internet through CU@Home, or by mail. Account features include:
- $5 to open account
- Dividends paid on balances of $250 or more
- Ability to make automatic deposits into accounts
- Free automatic overdraft to your business checking account
- $5 monthly service fee waived if member has an active SCE FCU loan or a Visa account, or if member maintains a balance of $250 or more.
Share Certificate
SCE FCU Certificates are a great choice for savers who are looking for steady growth and absolute security. Our Certificates offer an attractive, guaranteed rate of return for a fixed term, which yields dividends that can compound or be transferred on a monthly or quarterly basis for your immediate use. Certificates can be opened with as little as $1,000 for terms ranging from 91 days through 60 months – all at competitive, fixed rates.
Premier Money Market
As your savings account grows and your business prospers, you may want to consider this account. It allows you to earn excellent dividend rates and it features:
- Immediate access to funds by writing a check or through electronic transfers without penalty
- Dividend yield increases as balance increases at $10,000, $25,000 and $50,000
- $2,500 to open account
SCE FCU accounts are insured up to $100,000 per account by the National Credit Union Share Insurance Fund (NCUSIF), which is administered by the National Credit Union Administration (NCUA). Your accounts are safe and secure at the Credit Union, which means you can relax and start to enjoy the benefits of a good financial plan.
