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Business Purple Savings is a premium tiered-rate account. There are no limits on in-person withdrawals. A sweep feature may be established to move funds from a Financial Resources Business Checking Account to maximize surplus funds.
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Business Purple Savings1
Contact us to open your new account today! 800.933.3280
Type | Minimum Balance2 | Dividend Rate3 | APY4 |
---|---|---|---|
Membership Savings | $10 | 0.01% | 0.01% |
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% | |
$100,000 and over | 2.25% | 2.27% |
(1) Requires a Financial Resources membership savings account in the business name with a $10 minumum
(2) Minimum 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 Annual Percentage Yield (APY)
(3) Rate is variable and may change after the account is opened
(4) APY = Annual Percentage Yield
Financial Solutions for Your Business
Visa® Business Credit Cards
Get a Visa® Business Credit Card for business purchases. Keep your operations running smoothly with access to working capital and enjoy daily savings with low rates.
SBA Loans
Financial Resources is a preferred lender with the Small Business Administration (SBA), allowing for expedited processing and approval of loan requests.
Select Employer Group
Partner with Financial Resources Federal Credit Union as a Select Employer Group to give your employees their best employee financial benefit at no extra cost to your business!
Business Remote Deposit
No more rushing to the bank before closing time! Our Business Remote Deposit feature lets you deposit checks into your company’s account from anywhere.