Business Share Savings

Bank where your business means more.

Business Share Savings 101

Because we’re a credit union, our savings account is called a share savings account — and for good reason. By opening your Share Savings account with only $25, you’re eligible to purchase one share in the credit union, making you a member and part-owner. And that’s just the start.

Your success is what we’re working for.
Because we’re a not-for-profit financial cooperative with the sole mission of helping our members thrive, when we say we’re in business to support your business, we mean it. From building 401(k) plans for you and/or your team to designing a custom loan to support you during a transition, we’re devoted to helping you grow and going the extra mile to make it happen.

Our business members earn dividends, gain the full support of our dedicated business services team, and enjoy access to loans with some of the lowest rates available. Plus, you’ll enjoy surcharge-free ATMs all around the world, and get access to all sorts of other accounts created with businesses like yours in mind.

Business Share Savings Rates

Type Dividend Rate APY* Balances Dividends Compounded
Business Share Savings
Dividend Rate:
Opening Minimum of $5.00
Dividends Compounded:
Quarterly. Minimum balance of $50 required.

*APY = Annual Percentage Yield. APY is accurate as of the last dividend declaration date.

Penalties will/may be imposed for early withdrawal on time accounts. Fees may reduce earnings on the account. Rate may change after account opening. Rate may change after account opening.

Click the button below to see our Rate and Fee Disclosure.

Business Share Savings Benefits

Let’s team up

Our business services team is here to support you and everything you do. Anytime you need to talk shop, reach out directly to us at 931.436.9088 or email us at businessservices@forteracu.com.

We travel for business

On the road or at the conference, keep your money close with our mobile app and online banking.

Your network just got bigger

Our business members enjoy access to credit union branches and ATMs all around the world — surcharge-free. Learn more about how to find a Fortera-friendly credit union near you.

Save more earn more

Money still doesn’t grow on trees, but Fortera savings accounts do collect dividends quarterly. (Dividends are extra earnings for all your hard-won savings.)

Goal setting made simple

Our skilled experts are easy to reach and happy to help. For members and non-members alike, meetings and consultations are always free, so make the most of your money, on us.

Rest easy

With us, your money is always protected and insured by the National Credit Union Administration. You’re covered on all deposits up to $250,000, so save away.

Statements that save

....Trees, space, and worry. Always enjoy access to 18 months worth of e-statements. Keep more trees, toss your file cabinet, and know your info is always safe and sound.

Get Growing

If you’re ready to grow your business together, give us a call — we’d love to talk next steps.

Take our card. If you're creative and courageous, you're our kind of person.

  • Phone: 931.431.6800
  • Email: businessservices@forteracu.com

Need a hand?

Tag us in. Whether you are on your couch or halfway around the world, use our video chat to get quick answers from a friendly face. Give us a call and let us know how we can help.

Who is eligible to open a Business Share Savings Account?


To be able to open a Business Share Savings Account, you must meet the following eligibility requirements: (1) You must be 18 years of age or older (2) You must live, work, worship, or attend school in one of our service regions; join an affiliated partner, or have an immediate family member who is a Fortera member. Our service regions include Montgomery, Stewart, Chester, Decatur, Lewis, McNairy, and Perry counties in Tennessee or Christian, Trigg, Todd, McLean, and Webster counties in Kentucky. Residents of other counties in Tennessee, Kentucky, Alabama, and Arkansas may also be eligible. (3) You must be a business owner.

How much does it cost to open a Business Share Savings Account?


We charge $10 to open a Business Share Savings Account. $5 goes directly into your account as your account minimum and $5 is a one-time membership fee. We like to keep it simple.

Can I set up automatic transfers to the Business Share Savings Account?


Yes! We make depositing in this account easy. Simply let one of our team members know that you would like to do this when you open your Business Share Savings Account or do it yourself in our Online Banking Portal.

What documents do I need to open a Business Share Savings account?


To verify your identity, we always ask that you come prepared with a government-issued ID. It is important that it is not expired. Examples of acceptable IDs include a State Driver's License or a U.S or Foreign Passport. If we have trouble validating your ID, we may ask for a secondary ID. If you have a question about whether or not an ID can be used, just text us at 931.431.6800 or chat with us at forteracu.com. Please click here for full list of the documents you will need.

What are dividends and how do they work for the Business Share Savings Account?


Dividends are extra money that your account earns just by being open and meeting our minimum account dividend earning value. The Business Share Savings Account earns dividends quarterly as long as your account has at least $50 deposited in it. It is just another way we like to say thank you to our members for trusting us with your hard-earned "dough". To learn more about what the current dividend rate is and our other savings accounts that earn dividends, please see our Rate and Fee Disclosure.

What does it mean when you say this Business Share Savings Account “establishes my credit union membership”?


This is the account we ask all of our business members to open to join Fortera Credit Union. When you open this account, you pay a one-time $5 membership fee. This secures you as a life long Fortera Credit Union member. As a member, you help us determine the future of the credit union. All members are encouraged to attend our annual meeting and speak with credit union leadership (yep, that includes our Board Members and CEO) about what you want most from your financial provider. Your opinions and your voice will have a big impact on our plans. We want to do what our members want most. Think of membership as your right to vote on the future of the credit union. This is reminiscent of how credit unions started. A few people pitched in to loan money (just a dollar or two) to friends and family when loans from larger banks were inaccessible and that's how it all began. Yeah, it's a little sentimental, but we like it. It reminds us of where we came from, how far we can go, and who were created to serve.

Can I open the Business Share Savings Account account online or do I need to open it at a branch location?


You do need to call us or come into a branch to open this account. We are working toward having easy online applications soon. In the meantime, please call us at 931.431.6800, email us at businessservices@forteracu.com, or schedule an appointment to open an account.

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What's New

Nitty, gritty, and super important.

Fine print is your friend. When you have a minute, give these a good read:
Business Rate and Fee Disclosure
View PDF
Business Member Service Agreement
View PDF
Business Rate and Fee Disclosure
View PDF