Business Rates
Rates you can smile about.
Fortera Credit Union Business Rates - effective June 25, 2021. See Consumer Rates here.
Business Share Account Rates
| Type | Dividend Rate | APY* | Balances | Dividends Compounded | Dividends Credited |
|---|---|---|---|---|---|
Type:
Business Share
|
Dividend Rate:
0.100%
| APY*:
0.10%
| Balances:
$50 Minimum Balance to Earn Stated APY
|
Dividends Compounded:
Quarterly
|
Dividends Credited:
Quarterly
|
Type:
Not-for-Profit Share
|
Dividend Rate:
0.100%
| APY*:
0.10%
| Balances:
$50 Minimum Balance to Earn Stated APY
|
Dividends Compounded:
Quarterly
|
Dividends Credited:
Quarterly
|
Type:
Organizational Club Share
|
Dividend Rate:
0.100%
| APY*:
0.10%
| Balances:
$50 Minimum Balance to Earn Stated APY
|
Dividends Compounded:
Quarterly
|
Dividends Credited:
Quarterly
|
Type:
Family Readiness Group (FRG)
|
Dividend Rate:
N/A
| APY*:
N/A
| Balances:
N/A
|
Dividends Compounded:
N/A
|
Dividends Credited:
N/A
|
*APY = Annual Percentage Yield. Early Withdrawal Penalty Fees could reduce earnings. Penalties will/may be imposed for early withdrawal on time accounts.
Business Special Share Account Rates
| Type | Dividend Rate | APY* | Balances | Dividends Compounded | Dividends Credited |
|---|---|---|---|---|---|
Type:
Business ChangeUp Share | $0.00 -$2000.00
|
Dividend Rate:
1.491%
| APY*:
1.50%
| Balances:
$0.01 Minimum Balance to Earn Stated APY
|
Dividends Compounded:
Quarterly
|
Dividends Credited:
Quarterly
|
Type:
Business ChangeUp Share | $2000.01 +
|
Dividend Rate:
0.150%
| APY*:
0.15%
| Balances:
$0.01 Minimum Balance to Earn Stated APY
|
Dividends Compounded:
Quarterly
|
Dividends Credited:
Quarterly
|
*APY = Annual Percentage Yield. Early Withdrawal Penalty Fees could reduce earnings. Penalties will/may be imposed for early withdrawal on time accounts.
Business Checking Account Rates
| Type | Dividend Rate | APY* | Balances | Dividends Compounded | Dividends Credited |
|---|---|---|---|---|---|
Type:
Essential Checking
|
Dividend Rate:
N/A
| APY*:
N/A
| Balances:
$100.00 Minimum Opening Deposit
|
Dividends Compounded:
N/A
|
Dividends Credited:
N/A
|
Type:
Gold Checking
|
Dividend Rate:
0.050%
| APY*:
0.05%
| Balances:
$2,500.00 Minimum Balance to Earn Stated APY
|
Dividends Compounded:
Monthly
|
Dividends Credited:
Monthly
|
Type:
Not for Profit Checking
|
Dividend Rate:
0.050%
| APY*:
0.05%
| Balances:
$500.00 Minimum Balance to Earn Stated APY
|
Dividends Compounded:
Monthly
|
Dividends Credited:
Monthly
|
Type:
Organizational Club
|
Dividend Rate:
N/A
| APY*:
N/A
| Balances:
$25.00 Minimum Opening Deposit
|
Dividends Compounded:
N/A
|
Dividends Credited:
N/A
|
Type:
Family Readiness Group
|
Dividend Rate:
N/A
| APY*:
N/A
| Balances:
$25.00 Minimum Opening Deposit
|
Dividends Compounded:
N/A
|
Dividends Credited:
N/A
|
*APY = Annual Percentage Yield. Early Withdrawal Penalty Fees could reduce earnings. Penalties will/may be imposed for early withdrawal on time accounts.
Business Money Market Rates
| Type | Dividend Rate | APY* | Balances | Dividends Compounded | Dividends Credited |
|---|---|---|---|---|---|
Type:
Business Money Market | $10,000.00 - $49,999.99
|
Dividend Rate:
0.150%
| APY*:
0.15%
| Balances:
$10,000.00 Minimum Opening Deposit
|
Dividends Compounded:
Monthly
|
Dividends Credited:
Monthly
|
Type:
Business Money Market | $50,000.00- $99,999.99
|
Dividend Rate:
0.150%
| APY*:
0.15%
| Balances:
$10,000.00 Minimum Opening Deposit
|
Dividends Compounded:
Monthly
|
Dividends Credited:
Monthly
|
Type:
Business Money Market | $100,000 +
|
Dividend Rate:
0.150%
| APY*:
0.15%
| Balances:
$10,000.00 Minimum Opening Deposit
|
Dividends Compounded:
Monthly
|
Dividends Credited:
Monthly
|
*APY = Annual Percentage Yield. Early Withdrawal Penalty Fees could reduce earnings. Penalties will/may be imposed for early withdrawal on time accounts.
The Business Money Market and Business Premium Money Market are tiered accounts. Dividend rates for a particular tier, as disclosed above, will apply to the entire account balance once the minimum daily balance reaches the balance range for that tier.
The fee cycle for all accounts subject to the minimum daily balance requirement begins on the first day of the month and ends on the last day of the month. The minimum balance must be maintained in the account each day during the fee cycle to avoid the fee.
Business Fixed-Rate Certificate Rates
| Type | Dividend Rate | APY* | Balances | Dividends Compounded | Dividends Credited |
|---|---|---|---|---|---|
Type:
Business Fixed-Rate Certificate | 12 Months
|
Dividend Rate:
0.996%
| APY*:
1.00%
| Balances:
$1,000.00 Minimum Opening Deposit
|
Dividends Compounded:
Quarterly
|
Dividends Credited:
Quarterly
|
Type:
Business Fixed-Rate Certificate | 18 Months
|
Dividend Rate:
1.095%
| APY*:
1.10%
| Balances:
$1,000.00 Minimum Opening Deposit
|
Dividends Compounded:
Quarterly
|
Dividends Credited:
Quarterly
|
Type:
Business Fixed-Rate Certificate | 36 Months
|
Dividend Rate:
1.294%
| APY*:
1.30%
| Balances:
$1,000.00 Minimum Opening Deposit
|
Dividends Compounded:
Quarterly
|
Dividends Credited:
Quarterly
|
*APY = Annual Percentage Yield. Early Withdrawal Penalty Fees could reduce earnings. Penalties will/may be imposed for early withdrawal on time accounts. No additional deposits are allowed except at maturity or during the grace period.
Business Access Certificate Rate
| Type | Dividend Rate | APY* | Balances | Dividends Compounded | Dividends Credited |
|---|---|---|---|---|---|
Type:
Business Access Certificate | 12 Months
|
Dividend Rate:
0.947%
| APY*:
0.95%
| Balances:
$25.00 Minimum Opening Deposit
|
Dividends Compounded:
Quarterly
|
Dividends Credited:
Quarterly
|
*APY = Annual Percentage Yield. Early Withdrawal Penalty Fees could reduce earnings. Penalties will/may be imposed for early withdrawal on time accounts. Additional deposits allowed during the term, $5 minimum. One penalty-free withdrawal is allowed during the term.
Don't see the account you are looking for?
It may no longer be an active offering. Everyone has to retire sometime. To see our retired products and promotions, please see our Business Rate and Fee Disclosure.
Consumer Rates
The credit union difference is real and nowhere more obvious than our incredibly low rates. Check them out. We promise they are worth the double-take.