Looking to start a nest egg, pay for a down payment on a business property, build a rainy-day fund, or expand your business? Start by using Suncoast’s Business Special Savings Account.
Advantages
Save for special expenses
Rename your account anything you want to keep it separate from your other savings
Earn dividends at the regular Share Savings Account rate
Dividends are compounded monthly and credited monthly
Why Choose a Business Special Savings Account?
Financial Security and Stability
A business savings account is a great way to create a useful financial safety net, giving your business stability and security.
When there are unexpected expenses to deal with, having funds in business savings accounts could save the day.
Better Decision-Making
A business savings account offers more chances to make good decisions for your business. If a problem arises with your business, you've got that safety net to help you get back on track.
Savings also offers opportunities to build your business. With savings available to fund new initiatives, your business can grow much more quickly and successfully.
Earn Dividends
Another good reason to set up the right business savings account online is to earn dividends. High-yield savings accounts mean that money that would otherwise be doing nothing can grow, thanks to an attractive annual percentage yield (APY.)
The dividends you earn becomes another source of revenue for your business, contributing to its overall growth.
Save Time and Do Business Online
A business savings account lets you do your banking online. You can access your business money market account or savings accounts when it's convenient for you, from anywhere in the world.
Business owners can easily stay in control of their finances with the convenience of digital banking features, such as mobile banking apps and online banking. You can access your statement cycle, check incoming funds, accept cash deposits, and earn interest, all in one convenient space.
Business Special Savings FAQ
A business savings account helps businesses manage and grow their money. Unlike personal finance and savings accounts, business savings accounts cater to organizations with features like online access, competitive interest rates, and minimal monthly maintenance fees.
You can have a business savings account and a business checking account, so you can have all the bank accounts your business could need.
Why choose Suncoast Credit Union for your business savings account? For one thing, we offer exceptionally competitive business savings account rates. Your business can earn major returns on any funds you deposit.
We can also help you seamlessly manage your business finances with our excellent online banking options and user-friendly mobile banking app. Enjoy 24/7 access to your accounts and run your business the way you want.
Every business is different, so we help sole proprietors and growing businesses alike. Our business savings accounts are designed to meet your specific financial needs.
Our transparent fee structure ensures you know precisely what you're paying — with no hidden fees. Suncoast Credit Union has business savings accounts with low fees to help your bottom line.
When it comes to savings accounts for businesses, we offer great services with the added convenience of already having a relationship with Suncoast.
Learn more about our suite of business banking services at Suncoast. Or if you're ready to open a business account at Suncoast, refer to our business account opening checklist to make the process of opening your account as easy as possible.