Earn money on the money your business uses every day! The GenFed Business Interest Checking account is designed for Sole Proprietorships and Not-for-Profits. Check out the services and benefits of this account:
|Business Interest Checking|
|Effective Date: 12/1/20|
|Name||Required Opening Deposit||Minimum Balance to Earn Dividends||Dividend Rate/APY (Interest Rate)|
|Business Interest Checking||$50||$1,500.00||0.05%|
|Regular savings, money markets, accumulators and checking: Rates are subject to change at any time. Annual percentage yield on regular savings accounts is accurate as of the last declaration date of 10/1/2020. Rates may change after a savings, money market or checking account is opened. Disclosures available upon request. Minimum balance to earn dividends is $100 for regular savings, $1,000 for IRA, $2,000 for money market, $75000.01 for Jumbo Money Market and $1500 for eInterest and second tier of Premier Interest checking. Fees could reduce earnings on accounts. We may offer different rates in the future. APY = annual percentage yield.|
We make it easy to manage your business checking account, so you can spend more time managing your business.
See rates page for full rates disclosures.