Business Accounts
Business Saving & Certificate Accounts at Sound
Grow your savings alongside your business.
Simple and straightforward investment tools for local businesses, big and small.
High-Yield Business Savings
Earn a higher dividend rate on balances of $100,000 or more.
Business Money Market
Earn a competitive, tiered dividend rate on your account balances with unmatched liquidity.
Business Certificates
Lock in a high rate and guarantee a return and easy rollovers at maturity.
|
Term |
Dividend Rate |
APY* |
Minimum Balance |
|---|---|---|---|
|
Rates and fees are subject to change. Early withdrawal penalties apply and may reduce earnings. Please check with your local branch, or call if we can answer any questions. *APY = Annual Percentage Yield Unlimited Deposits: Make additional deposits at any time during the term of the certificate. Bump Certificate: Minimum balance is $2,500. Rate Bump: One time upon request, we will increase your rate to the current Bump Certificate rate at the same term. The new dividend will not be applied retroactively. Penalty-Free Deposits: Unlimited deposits. Flex Certificate: Minimum balance is $2,500. Add-on option: Unlimited deposits. Bump option: Upon request, rate will be increased to current Flex Certificate rate. Withdrawal option: Withdrawal amount cannot reduce the balance to less than the $2,500 minimum. Note: All savings accounts which have dividends compounded and credited are paid monthly. This Rate and Fee Schedule sets forth current conditions, rates, fees and charges applicable to your accounts at Sound Credit Union at this time. The Credit Union may offer other dividend rates, annual percentage yields and fees or amend the dividend rates, annual percentage yields and fees contained in this schedule from time to time. Fees may reduce earnings. Each account holder agrees to the terms set forth on this Rate and Fee Schedule and acknowledges that it is a part of the Membership and Account Agreement. Federally insured by NCUA. |
|||
|
Term 3 Months |
Dividend Rate 2.72% |
APY* 2.75% |
Minimum Balance $500 |
|
Term 6 Months |
Dividend Rate 3.44% |
APY* 3.50% |
Minimum Balance $500 |
|
Term 12 Months |
Dividend Rate 3.93% |
APY* 4.00% |
Minimum Balance $500 |
|
Term 18 Months (Flex) |
Dividend Rate 2.95% |
APY* 2.99% |
Minimum Balance $2,500 |
|
Term 24 Months |
Dividend Rate 2.72% |
APY* 2.75% |
Minimum Balance $500 |
|
Term 30 Months (Flex) |
Dividend Rate 2.47% |
APY* 2.50% |
Minimum Balance $2,500 |
|
Term 36 Months |
Dividend Rate 2.62% |
APY* 2.65% |
Minimum Balance $500 |
|
Term 36 Months (Bump) |
Dividend Rate 2.62% |
APY* 2.65% |
Minimum Balance $2,500 |
|
Term 48 Months |
Dividend Rate 2.47% |
APY* 2.50% |
Minimum Balance $500 |
|
Term 60 Months |
Dividend Rate 2.23% |
APY* 2.25% |
Minimum Balance $500 |
|
Term 60 Months (Bump) |
Dividend Rate 2.23% |
APY* 2.25% |
Minimum Balance $2,500 |
|
Term |
Dividend Rate |
APY* |
Minimum Balance |
|---|---|---|---|
|
Rates and fees are subject to change. Early withdrawal penalties apply and may reduce earnings. Please check with your local branch, or call if we can answer any questions. *APY = Annual Percentage Yield Unlimited Deposits: Make additional deposits at any time during the term of the certificate. Note: All savings accounts which have dividends compounded and credited are paid monthly. This Rate and Fee Schedule sets forth current conditions, rates, fees and charges applicable to your accounts at Sound Credit Union at this time. The Credit Union may offer other dividend rates, annual percentage yields and fees or amend the dividend rates, annual percentage yields and fees contained in this schedule from time to time. Fees may reduce earnings. Each account holder agrees to the terms set forth on this Rate and Fee Schedule and acknowledges that it is a part of the Membership and Account Agreement. Federally insured by NCUA.
|
|||
|
Term 6 Months |
Dividend Rate 3.69% |
APY* 3.75% |
Minimum Balance $100,000 |
|
Term 12 Months |
Dividend Rate 4.17% |
APY* 4.25% |
Minimum Balance $100,000 |
|
Term 18 Months |
Dividend Rate 3.20% |
APY* 3.25% |
Minimum Balance $100,000 |
|
Term 24 Months |
Dividend Rate 2.97% |
APY* 3.01% |
Minimum Balance $100,000 |
|
Term 36 Months |
Dividend Rate 2.87% |
APY* 2.91% |
Minimum Balance $100,000 |
|
Term 60 Months |
Dividend Rate 2.48% |
APY* 2.51% |
Minimum Balance $100,000 |
Ready to move your business accounts to Sound?
Our Business Banking Team is available to assist in customizing your finances so you’re a step-ahead.
Disclosures
FEDERALLY INSURED BY NCUA