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Business Savings Account. Man using table saw to cut wood in workshop.

CFE’s Business Savings Accounts are designed for small and medium-sized businesses. We offer competitive savings rates, premier financial products, and unparalleled member service. With Online Banking and Mobile Banking, you’re always connected to the heart of your business. 

Features and Benefits
  • Establish a Business Savings Account with as little as $5
  • Earn dividends on your balance of $50 or more
  • $250 average daily balance waives minimum balance fees
  • Account information is available 24/7 via Online, Mobile, and Telephone Banking

 

Business Accounts

Type Min Balance To Earn APY Annual Percentage Yield (APY) Annual Dividend Rate (ADR)
Business Member Share $50 0.15% 0.15%
Business Savings $50 0.15% 0.15%
Business Enterprise Checking $25,000 + 0.25% 0.25%
Business Non-Profit Checking $50,000 + 0.50% 0.50%


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What to Expect

To open a business savings account, you will need to present a valid government issued photo identification card, a one-time $10.00 fee for lifetime membership, and a $5.00 minimum opening deposit. New members are able to apply for membership and establish a business savings account at any CFE branch.


Learn more about starting a business.

Owning a Business

 


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