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Business Savings Account

This is the start of something great

Open a Business Account

Business Savings Account

Business Types

Minimum Requirements

Online & Mobile Banking

Business Savings Account

Required for all business account members
  • Opened when a member starts a business relationship with us
  • Your savings account represents membership & ownership in the credit union
  • No monthly fee with a minimum balance of $5+
  • Earns higher monthly dividends on balances $50+
  • Competitive dividend earning interest rates
  • Online & Mobile Banking at no-cost
  • Free account access at CO-OP Shared Branches & ATMs
  • Multiple options for direct deposit
  • Cash & coin handling is included
  • End-of-Year Member Dividend Rewards
  • Utah-based Contact Center for phone support
  • Federally insured by the NCUA
Open a Business Account

Business Types

Open a savings account for these types of businesses
  • Sole Proprietorship/Doing Business as (DBA)
  • Partnership or Limited Partnerships
  • Limited Liability Company (LLC)
  • Corporations
  • Association/Organization Accounts
Open a Business Account

Minimum Requirements

Here is what you need to get started
  • Minimum balance of $5 to open account
  • At least one business owner MUST qualify for membership
  • Legal Entity/Beneficial Owner
  • Required documentation to open account
  • Must go through the CIP Program for proper identification
Open a Business Account

Online & Mobile Banking

Banking wherever, whenever

Our mobile app offers e-statements, automatic bill pay, money desktop tools, mobile deposit, and Zelle® payments for convenient banking on-the-go.

  • Mobile App
  • E-Statements
  • Automatic Bill Pay
  • Money Desktop Tools
  • Mobile Deposit
  • Zelle® Payments

As the owner operator of my small business, I truly believe that my success is dependent on the people I surround myself with. Finding a financial institution that isn't too big to care about my needs has made all the difference. I feel like I have a business partner in American United and lean on them for their expertise, friendship, and advice.

American United FCU Member

Open An Account

Savings Account Rates

Rates up to date as of July 4, 2024. Rates subject to change without notice.

Savings AccountsDividend RateAnnual Percentage YieldMinimum BalanceBalance to Earn Dividends
Primary Savings0.100%0.100% APY$5$50+
GoldStar® Savings10.125%0.125% APY$5$50+
Business Savings0.125%0.125% APY$5$50+
Youth Savings20.150%0.150% APY$5$50+
Club Savings0.100%0.100% APY$0$25+
Escrow Account0.100%0.100% APY$0$50+
Retirement (IRA) Savings30.499%0.500% APY$0$1+

APY = Annual Percentage Yield. Membership required, on approved credit, and rates subject to change at any time without notice. Credit union deposits are federally insured by the NCUA.
1. Additional requirements apply for GoldStar® membership.
2. Must be younger than 18 years of age to open a Youth Savings account.
3. Subject to early withdrawal penalty before the age of 59.5 (Traditional before-tax or Roth after-tax IRAs).

Do you have a Business Checking account?

American United Federal Credit Union offers business basic checking that is perfect for launching your small business, featuring no monthly fees with eStatements, 250 free transactions per month, and monthly dividends on balances over $500. Additional benefits include a VISA® Rewards Debit Card, online and mobile banking, and optional overdraft protection. Plus, it requires no minimum balance to open.

Business Checking Accounts