Business Savings Accounts

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Basic Savings

Your business will become a member of Lanco Federal Credit Union with a minimum deposit of just $5.00 into a share savings account. For your convenience, additional savings accounts may be opened with no minimum balance required and no monthly fees. Any savings account with a balance of $25.00 or more will earn dividends.

Money Market Savings

If you maintain a high balance in your savings or checking account, you may want to consider opening a money market savings account. This account allows you to earn a higher dividend without tying up your funds in a CD.

  • Open and maintain a money market account with as little as $1,5001
  • Add funds to your money market account as often as you like
  • Withdraw funds any time that you need
  • APY varies based on your account balance. View current savings rates

Open a Business Account

1Money market savings balances below required $1,500.00 minimum will incur a monthly fee and will not earn dividends. Refer to the Truth-in-Savings disclosure for more information.