Business Savings Accounts

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 just $1,500¹
• Add funds to your money market account as often as you would like
• Make up to four withdrawals or transfers per month.²

Open a Business Account

¹Account 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.

Federal Regulation D places monthly limitations on the number of withdrawals allowed from your deposit accounts (savings) without your physical presence required. Refer to Regulation D Transaction Limits disclosure for more information.