Monthly Business Savings Account

Every business needs to save money. Future expansion, paying bills, paying yourself, or adding to a rainy day fund; we understand your need to be profitable and to help you save. Interest is calculated on the minimum monthly balance and is paid monthly.

Business Savings Features

  • Apply By Phone

    1-800-511-8776

  • Annual Interest Rate

    2.35%

  • Paperless Statements

    -

  • Transaction Fees

    Yes

  • Monthly Fee

    No

  • Deposit Insurance

    Yes

  • Tiered Interest Rate

    Yes

  • Multiple Account Benefits

    -

  • Earns Interest

    -

Business Savings FAQ

Is a Business account required?

Every business should have its own bank account. There are legal reasons to keep your personal and business funds separate as well as tax ramifications. It also simply makes good sense.

Why open a business savings account?

What documents are required to open a business savings account?

Can I use a personal checking account for business?

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Service Info

Steinbach Credit Union

Verified within the past few weeks

Steinbach Credit Union is Manitoba's largest credit union and the 7th largest in Canada with over $4 billion in total assets. For over 70 years, SCU has worked with its members to create relationships based on trust and support. Our goal is to provide products and services that are tailored to meet every member's individual needs in the best way possible.

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