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ShareBusiness Accounts
When you run a business, you don’t have time to shop around looking for the best value for your business. So we’ll make it easy for you: everything you need is right here at Westerly Community Credit Union.
Business Checking
No matter what your priority is, we have a solution to match:
Free Business Checking
Looking for a great checking value?
Our Free Business Checking account features:
- Unlimited transactions.
- No minimum balance requirement.
- No monthly fee.
- No transaction fees.
Free Business Checking with Interest
- All benefits of Free Business Checking, plus interest.
- Maintain a balance of $10,000 to earn our best interest rate.
Speak to our expert:
Barry W. Dunn
Small Business Lending Officer
(401) 596-7000 x 2136
bdunn@westerlyccu.com - please note, email is not secure.
We also offer these great products and services to fit your Business' needs: Free Business Advertising • Term Loans • Lines of Credit • Real Estate Financing • SBA Loans • Business Platinum VISA® Credit Card • Merchant Card & Business Payroll Services • and more.
Business Savings
No matter what your priority is, we have a solution to match:
Business Savings Account
- Will establish business as a member with a $5 deposit.
- Keep your cash easily transferable.
- No monthly fees.
Business Money Market
- Offers a higher rate of interest while maintaining easy access to the funds.
- Minimum opening balance $2,500.
- No monthly fee if maintain balance of $2,500.
Speak to our expert:
Barry W. Dunn
Small Business Lending Officer
(401) 596-7000 x 2136
bdunn@westerlyccu.com - please note, email is not secure.
We also offer these great products and services to fit your Business' needs: Free Business Advertising • Term Loans • Lines of Credit • Real Estate Financing • SBA Loans • Business Platinum VISA® Credit Card • Merchant Card & Business Payroll Services • and more.
Business Deposit Rates
| Business Accounts | |||
| Effective Date: Saturday, April 4th, 2020 | |||
| Program | Rate | APY* | Minimum Daily Balance to earn APY |
| Free Business Checking with Interest $10 minimum deposit to open | |||
| 0.05% | 0.05% | $10.00 to $9,999.99 | |
| 0.15% | 0.15% | $10,000.00 and above | |
| Share Savings for Business $5 minimum to open - establishes business as a member | |||
| 0.10% | 0.10% | $0.00 to $4,999.99 | |
| 0.10% | 0.10% | $5,000.00 to $49,999.99 | |
| 0.10% | 0.10% | $50,000.00 and above | |
| Business Money Market Account $2,500 minimum deposit to open. No monthly service charge if minimum balance of $2,500 is maintained, otherwise there is a $10.00 monthly fee. | |||
| 0.25% | 0.25% | $0.00 to $24,999.99 | |
| 0.50% | 0.50% | $25,000.00 to $99,999.99 | |
| 0.75% | 0.75% | $100,000.00 to $249,999.99 | |
| 1.00% | 1.00% | $250,000.00 and above | |
*Annual Percentage Yield (APY) is subject to change without notice. Fees may reduce earnings.