Savings that grow with your business.
Unlock the potential of your business’s savings with our tailored banking solutions! Our business savings accounts, including certificates of deposit (CDs) and money market accounts, are designed to help you maximize your earnings while keeping your funds accessible.
When joining the Credit Union, every business receives a Share Savings Account. This account represents your ownership share in the Credit Union. Here are some of the features:
- Interest bearing
- $5 minimum to open
- No monthly maintenance fee when you have at least one other Harvard FCU loan or deposit account OR a $500 balance. (Otherwise a $2.50 monthly fee will apply.)
Build your stability with guaranteed growth. With Harvard FCU’s Term Share Certificate, you’ll earn the Credit Union’s highest rates of return for committing to a longer-term savings.
Features & Benefits:
- $1,000 minimum to open
- Terms from 3 months to 60 months
- Fixed rate for the term of the Certificate1
- If any portion of the principal balance is withdrawn early, a penalty will be imposed based on the certificate term. For terms of 12 months or less, the penalty is up to 3 months of interest earned. For terms over 12 months, the penalty is up to 6 months of interest earned.
With a Money Market Account from Harvard FCU you’ll earn higher rates for maintaining higher balance without giving up easy access to your funds.
Features and Benefits:
- $1,500 minimum to open
- Tiered interest rates that increase with balance
- Make additional deposits anytime
- Up to six electronic transfers allowed per month (by law)
- Use as an Overdraft Protection source for your Harvard FCU Checking Account
- Not accessible through an ATM machine
Featured Rates
Your money is safe with Harvard FCU
When you bank with Harvard FCU, you can be sure that your money will be secure and that the Credit Union will be there to help you reach your goals.
Security
As a Harvard FCU member, the National Credit Union Administration (NCUA) federally protects your deposit dollars up to $250,000 for individual accounts and $250,000 per account owner for joint accounts. In addition, The Massachusetts Credit Union Share Insurance Corporation (MSIC) fully insures ALL excess deposits.
Convenience
Harvard FCU makes saving easy with surcharge-free ATMs and Shared Branch locations and an array of online and mobile services that can help you manage your accounts anywhere, anytime.