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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: 10/1/2024 | |||
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 1/1/2023. 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. |
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