Business Savings
Start Growing with Provident
Fuel your business goals with a Provident Business Savings account, where each deposit brings you one step closer to growing your business. Elevate your financial strategy with a dedicated space to nurture and expand your business funds, easily manage cash flow, and enjoy competitive interest rates that align with the flexibility your business deserves.
The $5 minimum deposit required represents your "share" of stock in the organization. Once your Business Savings account is opened, you can open a Dividend Business Checking account.
Features
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Basic savings account for business Provident members
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Current rates between 0.03% APY - 0.08% APY311 depending on your account balance
Requirements
Bring your completed application and required documents to any Provident Credit Union branch
$5 to open. No minimum balance
Business must be one of the following:
- General or limited partnership
- Corporation (profit or non-profit)
- Limited Liability Company or Limited Partnership
- Sole owner/proprietorship
- Non-profit organization
Business Savings Account
This account establishes your business as a member of Provident Credit Union.
Business Savings Account Rates
Rates are valid as of and are subject to change.
Type | Min. Balance | Dividend Rate | Annual Percentage Yield (APY) | Disclaimers |
---|---|---|---|---|
Business Savings | $5 | 0.030% | 0.03% | A, NN |
$25,000 | 0.080% | 0.08% |