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Business Savings Accounts

Grow your money, grow your business

Business Classic Savings

This is your credit union membership. With our classic Business Savings account from East Idaho Credit Union, your money will work for you no matter the size of your business.

Business Savings Rates

APY* Interest Rate
0.05% 0.05%

Rates effective as of June 28th, 2021

Business Money Market

An Insured Money Market Account that is competitive with other savings products in the marketplace. This account’s deposit rates can increase as you add more money to it.

If you are looking for a long term account with high yield, this is the account for you.

Business Money Market Rates

Balance APY* Interest Rate
$0.00 – $9,999.99 0.05% 0.05%
$10,000 – $24,999.99 0.10% 0.10%
$25,000 – $49,999.99 0.15% 0.15%
$50,000 – $99,999.99 0.20% 0.20%
$100,000 and Up 0.25% 0.25%

Rates effective as of June 28th, 2021

Velocity Money Market

Our new Velocity Money Market account offers tiered interest rates with unbeatable returns. Each tier earns its own interest rate so the more money you save, the more money you can earn!

  • TIER 1:
    Your first $50,000 earns 0.20%

  • TIER 2:
    Your next $25,000 earns 0.50%

  • TIER 3:
    Your next $25,000 earns 1.00%

  • TIER 4:
    Your next $50,000 earns 1.50%

  • TIER 5:
    Everything over $150,000 earns 2.00%

Business Velocity Money Market Rates*

Balance Tiers APY*
First $50,000 ($0-$50,000) 0.20%
Next $25,000 ($50,000-$75,000) 0.50%
Next $25,000 ($75,000-$100,000) 1.00%
Next $50,000 ($100,000-$150,000) 1.51%
Everything over $150,000 2.02%

Rates effective as of 10/1/2022

Here’s an example of how much you could earn with a total balance of $185,000:

Tiered Balance APY* Annual Interest
$50,000 @ 0.20% = $100
$25,000 @ 0.50% = $125
$25,000 @ 1.00% = $250
$50,000 @ 1.51% = $756
$35,000 @ 2.02% = $707
Total Earned
$1,937

Tier 1- Your daily balance in tier 1 ($0.00 up to $49,999.99) will earn an interest rate of 0.20% and an APY of 0.20%. Tier 2- Your daily balance in tier 2 ($50,000.00 up to $74,999.99) will earn an interest rate of 0.50% with a 0.50% APY. Tier 3- Your daily balance in tier 3 ($75,000.00 up to $99,999.99) will earn an interest rate of 1.00% with a 1.00% APY. Tier 4- Your daily balance in tier 4 ($100,000.00 up to $149,999.99) will earn an interest rate of 1.50% with a 1.51% APY. Tier 5- Your daily balance in tier 5 ($150,000.00 or more) will earn an interest rate of 2.00% with a 2.02% APY. Your interest rate and annual percentage yield are subject to change. At our discretion, we may change the interest rate on your account. All applicants must meet East Idaho Credit Union account opening requirements. Some restrictions may apply.

Certificates of Deposit (CDs)

A Certificate of Deposit (CD) is a product offered by East Idaho Credit Union that provides an interest rate premium in exchange for the member agreeing to leave a lump-sum deposit untouched for a predetermined period of time.

For a limited time, take advantage of the following special rates when you open a new CD in branch:

Term APY* Interest Rate
13 Months 2.89% 2.93%
17 Months 3.09% 3.13%
26 Months 3.28% 3.33%
33 Months 2.80% 2.77%
45 Months 2.80% 2.77%

Special Business CD Rates

For a limited time, take advantage of the following special rates when you open a new CD in branch:

Term APY* Interest Rate
13 Months 2.89% 2.93%
17 Months 3.09% 3.13%
26 Months 3.28% 3.33%
33 Months 2.80% 2.77%
45 Months 2.80% 2.77%

*APY = Annual Percentage Yield. Effective as of 10/24/2022. East Idaho Credit Union reserves the right to end, alter, or otherwise adjust this promotional offer at any time and at their discretion. View Rate & Fee Schedule.

Standard Business CD Rates

Term APY* Interest Rate
6 Months 1.00% 1.00%
1 Year 1.26% 1.25%
2 Years 1.76% 1.75%
3 Years 2.27% 2.25%
4 Years 2.12% 2.10%
5 Years 2.02% 2.00%

*APY = Annual Percentage Yield
Rates effective as of 10/1/2022