Business Deposit Rates
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Your money has a bright future here
Our business account rates give a boost to your savings. As a not-for-profit credit union, we're able to reward our members in Texas and beyond with competitive rates on deposit accounts that are often higher than other institutions.
Business Savings Account
| Minimum To Earn Dividend | Dividend Rate | APY |
|---|---|---|
| $25 | 0.20% | 0.20% |
Business Basic Checking Account
| Minimum To Earn Dividend | Monthly Fee | Transaction fees |
|---|---|---|
| $25 | $0 | 25 free transactions monthly* |
Business Simple Checking Account
| Minimum To Earn Dividend | Monthly Fee | Transaction fees |
|---|---|---|
| $25 | $10* | 50 free transactions monthly* |
Business Plus Checking Account
| MINIMUM TO OPEN ACCOUNT | Monthly Fee | Transaction fees | MINIMUM TO EARN DIVIDEND | DIVIDEND RATE | APY |
|---|---|---|---|---|---|
| $500 | $25* | 300 free transactions monthly* | $2,000 | 0.05% | 0.05%* |
*APY - Annual Percentage Yield. Fees could reduce earnings on this account. Average daily balance of $2,000 to wave monthly fee. $.30 fee for each additional transaction after 50 transactions.
Money Market Accounts
| Balance | Dividend Rate | APY |
|---|---|---|
| $0.00 - $1,999.99 | 0.00% | 0.00% |
| $2,000 - $19,999 | 0.60% | 0.60% |
| $20,000 - $49,999.99 | 0.70% | 0.70% |
| $50,000 - $249,999.99 | 0.80% | 0.80% |
| $250,000 or greater | 1.00% | 1.01% |
Share Certificate
| Terms | Minimum Deposit | Dividend Rate | APY |
|---|---|---|---|
| 3 Month | $500 | 2.50% | 2.53% |
| 6 Month | $500 | 4.00% | 4.07% |
| 1 Year | $500 | 4.50% | 4.59% |
| 2 Year | $500 | 3.50% | 3.56% |
| 3 Year | $500 | 3.50% | 3.56% |
| 5 Year | $500 | 3.50% | 3.56% |
Handy Tools at Your Disposal.
Calculate your budget, see and compare the latest rates and discover what perks you gain for being a member of Education First Federal Credit Union.
Whether you are looking to take a deep dive into your personal financial statement, learn more about opening up a business account, or even see a business loan checklist, you'll find everything you need right here.
Whether you are determining equipment costs, cash flow, a business loan payment, or your financial ratio analysis, there is a calculator to help you.
When you want a better place to hold your accounts and grow your money, Education First is at the head of the class.
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