Business Savings
Prepare Your Business for Any Kind of Weather
A smart savings plan helps to protect your business against uncertainty while earning competitive rates. Unitus offers a range of flexible savings options for your business.
Business Prime Share Savings
Our most basic savings account, opened when you start a business relationship with Unitus.
Money Market Accounts
The greater your balance, the higher your interest rate—and you have easy access to your money.
Certificates of Deposit (CDs)
Great if you don’t need immediate access to your money, CDs earn more interest than a regular savings account.
SEP Individual Retirement Accounts (IRAs)
An innovative retirement option for small businesses and the self-employed.
Health Savings Accounts
The perfect complement to your business’s affordable high deductible health plan.
Business Savings
Unitus Business Savings accounts offer competitive rates, and you can depend on our personalized service and care. With zero maintenance fees and 24/7 access via online banking, this is a seamless saving option for your business.
Ready to open a Business Savings account?
Email us stop by your local branch, or call us at 503-227-5571 or
1-800-452-0900.
|
Tiers |
Interest |
APY* |
|---|---|---|
$0 – $24,999.99 | 0.01% | 0.01% |
$25,000 or more | 0.01% | 0.01% |
|
*APY = Annual Percentage Yield. Disclosures (PDF) |
||
Business Prime Share Savings
This is our most basic savings account, which you automatically open when you become a Unitus member. Your one-time $10 membership fee and $5 opening deposit represents your prime ownership “share” in Unitus.
|
Tiers |
Dividend |
APY* |
|---|---|---|
$5 - $24,999.99 | 0.05% | 0.05% |
$25,000 or more | 0.10% | 0.10% |
|
*APY = Annual Percentage Yield. Disclosures (PDF) |
||
Money Market Accounts
A Business Money Market account is the best way to earn interest while keeping your funds flexible. Earn higher interest rates for higher balances, and get easy access to your funds online, by phone or in person.
Some of the benefits of a Unitus Business Money Market account are:
- Competitive rates
- No limit on withdrawals you make in person. Withdrawals can also be made online and by phone (restrictions apply*)
- No fee if daily minimum balance is at least $10,000; otherwise $5 per month
- No limit on deposits
- Federally insured up to at least $250,000
Ready to open a Money Market account?
Email us, stop by your local branch, or call us at 503-227-5571 or
1-800-452-0900.
|
Tier |
Interest |
APY* |
|---|---|---|
$0 – $9,999.99 | 0.25% | 0.25% |
$10,000 – $24,999.99 | 0.50% | 0.50% |
$25,000 – $49,999.99 | 0.75% | 0.75% |
$50,000 – $99,999.99 | 1.00% | 1.00% |
$100,000 – $249,999.99 | 1.49% | 1.50% |
$250,000 - $499,999.99 | 1.98% | 2.00% |
$500,000 - $999,999.99 | 2.47% | 2.50% |
$1,000,000 - $2,499,999.99 | 2.96% | 3.00% |
$2,500,000 or more | 3.44% | 3.50% |
|
*APY = Annual Percentage Yield. Disclosures (PDF) |
||
CDs
Business Certificates of Deposit (CDs) offer a safe haven for your money, earn more interest than a regular savings account, and are optimal if you don’t need immediate access to your funds. Our CDs can be opened, closed, and renewed online or over the phone, making them one of the simplest ways to save.
With a Unitus CD, you’ll enjoy:
- Immediate interest accrual
- Monthly compounding interest
- Interest earned penalty-free
- Competitive rates
- Terms ranging from six months to five years
- No set-up or administration fees
- Federally insured up to $250,000
Ready to open a CD?
Email us, stop by your local branch, or call us at 503-227-5571 or
1-800-452-0900.
|
Balance |
Terms |
Interest |
APY* |
|---|---|---|---|
$500-$19,999.99 | 6 - 60 months | 1.69%-2.18% | 1.70%-2.20% |
$20,000-$49,999.99 | 6 - 60 months | 1.69%-2.18% | 1.70%-2.20% |
$50,000 or more | 6 - 60 months | 1.69%-2.18% | 1.70%-2.20% |
SPECIAL: $500 or more (Existing Funds) | 13 months | 3.93% | 4.00% |
SPECIAL: $25,000 or more (New Funds) | 13 months | 4.41% | 4.50% |
|
*APY = ANNUAL PERCENTAGE YIELD. CD Special: Rates effective as of May 15, 2023. APY offered may change at any time. $500 minimum opening deposit. Penalty for early withdrawal may apply. Fees could reduce earnings on account. 4.50% APY based on Interest Rate of 4.41%. 4.00% APY based on Interest Rate of 3.93%. Any CD can be used for an IRA. To qualify for the 4.50% APY rate, $25,000 or more in funds new to the credit union must be deposited in-person at any Unitus branch or electronically via the Virtual Branch. New funds are defined as balances that have been in a Unitus account for 30 days or less at time of CD/IRA opening. New and existing funds cannot be combined for the higher rate/APY. Funds from another institution lower than $25,000 and/or combined with existing funds at Unitus will not qualify for the 4.50% APY. 13-Month CD Rate Sheet (PDF) Disclosures (PDF) |
|||
SEP IRAs**
A Simplified Employee Pension (SEP) account is a variation of our IRA, and it’s a clever option for local businesses to support their employees. They’re very easy to set up and maintain. Whether you’re self-employed without employees or are managing numerous employees, all employees receive the same benefits under a SEP plan. SEP accounts are treated as IRAs, so funds can be invested the same way as an IRA.
A Unitus SEP IRA allows self-employed business owners to:
- Make contributions with higher limits than an IRA
- Get tax-deferred earnings until age 70½ when all withdrawals are subject to taxes
- Make contributions that are tax–deductible
- Lower your income tax liability in the current year
Would you like to add a SEP IRA plan to your employee benefits package?
Email us, or call us at 503-227-5571 or 1-800-452-0900.
Health Savings Accounts**
If your small to medium-sized business offers a High Deductible Health Plan (HDHP), then our Health Savings Account (HSA) is the perfect complement. The money you and your employees contribute to their HSA can be used tax-free for qualifying medical expenses not covered by your HDHP, including the deductible. It also helps your employees save for future medical expenses not covered by Medicaid after retirement.
Some of the benefits of a Unitus HSA are:
- Highly competitive rates
- An HSA debit card makes it simple to use
- HSA funds do not expire; they grow tax-free through dividend earnings, like an IRA.
- Automatic payroll deductions can help you fund your HSA
Ready to open an HSA?
Email us, stop by your local branch, or call us at 503-227-5571 or
1-800-452-0900.
|
Tiers |
Interest |
APY* |
|---|---|---|
$0 - $2,499.99 | 0.05% | 0.05% |
$2,500 - $24,999.99 | 0.05% | 0.05% |
$25,000 - $49,999.99 | 0.10% | 0.10% |
$50,000 or more | 0.10% | 0.10% |
|
*APY = Annual Percentage Yield. Disclosures (PDF) |
||
Questions about our business savings accounts?
We’re here to help. Call us at 503-227-5571 or 1-800-452-0900 or email us.
English 
Español de México