Grow Your Business Savings
Earn up to 3.03% APY* with our Business Purple Savings!
Your Business
Deserves to
Earn MORE
3.03% APY*
Business
Purple Savings
Grow & Succeed
Whether you are expanding your reserves or planning for future investments, we’re here to help your business.
Premium Tiered Rates
Balances $10,000+ earn 1.51% APY* and each additional premium tier earns a higher rate up to 3.03% APY*.
Maximize Your Funds
Sweep feature available to move funds from a FRFCU Business Checking Account to maximize surplus funds.
$100,000 and over | 3.00% | 3.03% | |
---|---|---|---|
Type | Minimum Balance2 | Dividend Rate3 | APY4 |
Business Membership Savings | $10 | 0.01% | 0.01% |
Business Purple Savings | $0 – $499.99 | 1.00% | 1.00% |
$500 – $9,999.99 | 1.00% | 1.00% | |
$10,000 – $24,999.99 | 1.50% | 1.51% | |
$25,000 – $49,999.99 | 1.50% | 1.51% | |
$50,000 – $99,999.99 | 1.50% | 1.51% |
1Opening a Business Purple Savings Account requires a Financial Resources FCU Membership Savings Account in the business name with a $10 minimum.
2Minimum balance to earn stated Annual Percentage Yield (APY). If a range is shown as a deposit tier, the starting balance shown in that tier is the minimum balance needed to earn the APY.
3Rate is variable and may change after the account is opened.
* 4APY = Annual Percentage Yield.