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Available to Businesses for Investing Excess Short-Term Cash
Business savings accounts are available to businesses for investing excess short-term cash. Business members can open up to multiple savings accounts to provide targeted savings for things like equipment, furniture, office supplies, employee gifts and more.
FEATURES + BENEFITS
Minimum Balance: $100
Earns Dividends
First 50 FREE Monthly Transaction fees for deposits
FREE
eStatements
FREE Digital Banking
Business Money Market
Businesses that maintain a higher savings balance can take advantage of tiered interest rates in a Verve Money Market account. Contact our Business Team for more information about rates and APYs*.
Business Money Market Rates
| Account Balance | Dividend Rate % | APY % * |
|---|---|---|
| $2,500.00–$24,999.99 | 1.20% | 1.21% |
| $25,000.00 – $74,999.99 | 1.25% | 1.26% |
| $75,000.00 – $249,999.99 | 1.45% | 1.46% |
| $250,000.00 – $499,999.99 | 1.55% | 1.56% |
| $500,000.00 – $949,999.99 | 1.85% | 1.87% |
| $950,000.00 – $1,999,999.99 | 2.22% | 2.24% |
| $2,000,000.00+ | 2.22% | 2.24% |
Meet Our Business Team
Our Business Team is made up of seasoned financing and lending experts who are passionate about writing success stories for our members and their businesses. Our team strategizes with business owners to bring their growth plans to life. Their goal is to be a a trusted resource, introducing the products and services best suited to help the business run more efficiently.
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