Business Savings Accounts

Membership for your business with Greater Nevada Credit Union has its perks, especially for small business owners. Reap favorable returns through our Commercial Share Savings account, Money Marketing account, or Share Certificates (CDs) here.

Take advantage of our limited-time Share Certificate (CD) rates of up to 5.15% APY for a 10-month term!³

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Choose the Right Savings Account for Your Business

Save every which way when you become a member of our credit union. We offer a few different options for commercial needs. The one that’s right for your business depends on your goals, so feel free to contact us for more detailed information about the options below.

Questions? Our Commercial Services Team is here to help!

Select an option to jump to that section:

Commercial Share Savings Account >>

Money Market Account >>

Share Certificates (CDs) >>

Commercial Share Savings Account

No monthly service charge with any additional Greater Nevada Credit Union product.
Competitive dividend earnings, paid monthly.
$5 minimum deposit to open an account.
Up to 6 third-party withdrawals or transfers per month. If you will be conducting activity in excess of this limitation, we recommend you consider one of our business checking accounts that are designed for more consistent transaction activity.
Direct deposit and payroll deduction available.

Tier

Rate

APY¹

Tier

All Amounts

Rate

0.100%

APY¹

0.10%

¹APY (Annual Percentage Yield) effective October 3, 2022, and subject to change without notice. Dividends will be credited to your account and compounded every month. Fees could reduce the earnings on the account.

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Book a Branch Appointment

Money Market Account

$2,500 minimum daily balance needed to avoid $10 minimum balance fee.
Unlimited in-person withdrawals.
Up to 6 third-party withdrawals or transfers per month. If you will be conducting activity in excess of this limitation, we recommend you consider one of our business checking accounts that are designed for more consistent transaction activity.
Direct deposit and payroll deduction available

Tier

Rate

APY²

Tier

All Amounts

Rate

0.499%

APY²

0.50%

²APY (Annual Percentage Yield) effective October 3, 2022, and subject to change without notice. Dividends will be credited to your account and compounded every month. Fees could reduce the earnings on the account.

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Share Certificates (CDs)

$1,000 minimum to open.
Terms from 3 months to 5 years.
Higher rates for longer terms and larger balances.
We’ll notify you a month in advance of the certificate maturing so you can decide whether to renew the certificate, cash in, transfer funds to another account, or invest otherwise.

Terms

Minimum Balance $1,000 Rate

Minimum Balance $1,000 APY³

Terms

3 Months

Minimum Balance $1,000 Rate

1.490%

Minimum Balance $1,000 APY³

1.50%

Terms

6 Months

Minimum Balance $1,000 Rate

1.982%

Minimum Balance $1,000 APY³

2.00%

Terms

10 Months – Limited-Time Special!

Minimum Balance $1,000 Rate

5.032%

Minimum Balance $1,000 APY³

5.15%

Terms

12 Months

Minimum Balance $1,000 Rate

4.169%

Minimum Balance $1,000 APY³

4.25%

Terms

18 Months

Minimum Balance $1,000 Rate

4.169%

Minimum Balance $1,000 APY³

4.25%

Terms

24 Months

Minimum Balance $1,000 Rate

2.472%

Minimum Balance $1,000 APY³

2.50%

Terms

30 Months

Minimum Balance $1,000 Rate

2.472%

Minimum Balance $1,000 APY³

2.50%

Terms

36 Months

Minimum Balance $1,000 Rate

2.472%

Minimum Balance $1,000 APY³

2.50%

Terms

48 Months

Minimum Balance $1,000 Rate

2.472%

Minimum Balance $1,000 APY³

2.50%

Terms

60 Months

Minimum Balance $1,000 Rate

2.472%

Minimum Balance $1,000 APY³

2.50%

³APY (Annual Percentage Yield) effective July 19, 2023, and subject to change without notice. Certificate rates remain fixed for the term of the certificate. Unless otherwise paid, dividends will be credited to your account and compounded every month. Non-compounding Certificates are also available at reduced rates and APYs. A penalty may be imposed for withdrawals before maturity. Fees could reduce the earnings on the account. The minimum opening deposit is $1,000.

Book a Branch Appointment

There’s lots to love about opening a business savings account with us.

Higher Returns

GNCU’s high-interest rate business savings accounts often outperform traditional financial institutions. Each statement cycle, you’ll see tangible benefits.

Risk-Free Growth

Savings accounts from GNCU offer competitive returns while minimizing your risk. Because we understand you want to protect your money. GNCU savings accounts are also federally insured by the NCUA (National Credit Union Administration) for that extra peace of mind.

Digital Banking

Easy, secure online banking through our desktop experience and mobile app lets you check balances, make deposits and move money from anywhere in the world.

24/7 Support

The GNCU team is ready to help with any of your questions, offering support whenever and wherever you need it most.

Are business savings accounts taxed?

Yes. Any savings account–personal or business–that earns interest is considered taxable income. If you earn over $10 in interest, you’ll receive a 1099-INT form from us that you can use to file your taxes.

How much should you keep in a business savings account?

As much as possible, of course. But in all seriousness, it depends on your business and the type of savings account you choose. We’re happy to help guide you and your business in the right direction.

Is it better for a business to use a bank or credit union?

Whether a bank or credit union is a better fit for your business depends entirely on–well, your business! What are your financial goals? Is accessing better rates on savings and loans a priority for you? Are you interested in supporting (and earning returns on) a community cooperative? These are just a few of the questions we recommend considering before you decide.

Greater Nevada Credit Union is your business banking headquarters. From improved checking and savings accounts to flexible merchant services, we offer the tools you need to strategically manage and grow your business.