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Business Savings Accounts

Solutions To Help Grow Your Money

You’re always working on your business. Now, let it work for you. Get a little more out of your hard-earned dollars with our business savings solutions. Account advantages include competitive dividends, automatic deposits, easy access to your funds, and low minimum balance requirements. Plus, the convenience of an online banking solution made just for Business Members.

Opening a Business Savings Account at First Source solidifies your part ownership of the credit union. We are a Member-owned institution and this account grants you your share in the organization.

Man using laptop for business at bakehouse

Operating Assets

We offer saving solutions for short-term and long-term savings goals including:

  • Savings Accounts

  • Money Markets

  • Term Share Certificates

Business Account Services

Access your account through secure online business banking to:

  • Control staff permissions

  • Transfer between First Source accounts

  • Transfer from another financial institution

  • Pay First Source loans

  • Manage debit and credit cards with card controls

  • Make digital payments

  • Deposit checks electronically

  • View statements electronically

  • Stop payments

  • Open sub shares

Business Smarter

If you’re not ready to apply for a Business Savings Account and have questions, we are here to help. Make an appointment with one of our friendly and knowledgeable representatives today.

Let’s Get Started

Click below to make an appointment. 

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Which savings option is best for your business?

Our most popular options are highlighted for you.


Business Money Market

  • Monthly dividends
  • Tiered rates
  • $0.01 min balance to earn dividends
  • Up to 6 withdrawals per month
  • –

Business Savings Share

  • Monthly dividends
  • Tiered rates
  • $5 min balance to open account/earn dividends
  • Up to 6 withdrawals per month
  • –

Business Share Certificates

  • Monthly dividends
  • Fixed rates
  • $1,000 min deposit to open and earn dividends
  • No additional deposits permitted
  • Early withdrawal penalties apply

Regular Share Accounts

Minimum Balance to Earn Dividends Dividend Rate APY*
$0.01 - $999.99
Minimum balance to earn dividends		 0.35% 0.35%
$1,000.00 - $4,999.99
Minimum balance to earn dividends		 0.35% 0.35%
$5,000.00-$9,999.99
Minimum balance to earn dividends		 0.35% 0.35%
$10,000.00 and Over
Minimum balance to earn dividends		 0.35% 0.35%

Special Purpose Accounts

Minimum Balance to Earn Dividends Dividend Rate APY*
$0.01-$999.99
Minimum balance to earn dividends		 0.35% 0.35%
$1,000.00-$4,999.99
Minimum balance to earn dividends		 0.35% 0.35%
$5,000.00-$9,999.99
Minimum balance to earn dividends		 0.35% 0.35%
$10,000.00 and Over
Minimum balance to earn dividends		 0.35% 0.35%

Business Money Market

Minimum Balance to Earn Dividends Dividend Rate APY*
$0.01- $5,000.00
Minimum balance to earn dividends		 1.00% 1.00%
$5,000.00 - $9,999.99
Minimum balance to earn dividends		 1.00% 1.00%
$10,000.00 - $24,999.99
Minimum balance to earn dividends		 1.09% 1.10%
$25,000.00 - $49,999.99
Minimum balance to earn dividends		 1.09% 1.10%
$50,000.00 - $99,999.99
Minimum balance to earn dividends		 1.39% 1.40%
$100,000.00 and Over 1.39% 1.40%

Business Term Share Certificates

Term Dividend Rate APY*
3 Month
$1,000.00 minimum balance to earn dividends		 0.70% 0.70%
6 Month
$1,000.00 minimum balance to earn dividends		 4.41% 4.50%
12 Month
$1,000.00 minimum balance to earn dividends		 4.41% 4.50%
24 Month
$1,000.00 minimum balance to earn dividends		 3.93% 4.00%
36 Month
$1,000.00 minimum balance to earn dividends		 3.93% 4.00%
48 Month
$1,000.00 minimum balance to earn dividends		 3.93% 4.00%

Regular Share Accounts Disclosure

$5 minimum deposit required at account opening for regular share account only. This is a variable rate account. Rates above are subject to change without notice.
*APY – Annual percentage yield. Fees can reduce earnings on the account.

Money Market Disclosure

This is a variable rate account. Rates above are subject to change without notice.
*APY – Annual percentage yield
$0.01 minimum balance to earn dividends.

Term Share Certificates Disclosure

Share rates and yields are subject to change without notice. Early withdrawal penalties may apply. Fees may reduce earnings.
*APY – Annual percentage yield

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Membership eligibility and personal guarantee are required. Business must be located in Oneida or Herkimer County.