Corporate Money Market Account

Better empower your organization’s financial stewardship by earning up to 15X the national rate*

As a Christian financial institution, we believe in aligning your business’ financial decisions with your values. Our Money Market Account offers attractive interest rates while supporting an ecosystem of fellow believers dedicated to missional alignment.

The Corporate Money Market Account is tailored for Businesses, Ministries, Churches, and Organizations balancing high-liquidity and attractive interest rates — ensuring your funds grow responsibly. With no transfer limitations, you have the flexibility to manage short-term savings, support your ministry’s mission, or handle payroll efficiently thanks to it being directly linked to an ACCU checking account.

Features:

• High Liquidity: Access your funds quickly and easily whenever needed.
• Competitive Interest Rates: Earn attractive returns on your corporate savings.
• Tiered Interest: Higher balances can qualify for even better interest rates.
• Flexibility: No transfer limitations, making it accessible when you need it.

Uses:

• Short-Term Savings: maximize return on funds reserved upcoming expenses or unforeseen
• Payroll and Vendor Payments: Use the account to manage payroll and pay vendors promptly
• Tax Payments: Set aside funds for quarterly tax payments and avoid penalties.
• Cash Reserves: Maintain cash reserves for future expansions.
• Working Capital: Enhance working capital by earning competitive rates on surplus funds.

To get started, contact our business banking team at (800) 343-6328 Option 3 or schedule a consultation using the form on this page.

Who can open a corporate money market account?

Corporate money market accounts are available to business banking members of ACCU. If you are a sole proprietor or a single-member limited liability corporation (LLC), you must have a Schedule C.

How do funds compound and accrue?

The dividend period begins on the first calendar day of the dividend period and ends on the last calendar day of the dividend period. Dividends are accrued on balances based on ACCU’s funds availability policy. Dividends are calculated by the daily balance method which applies a daily periodic rate to the principal in the account each day.

What is the minimum needed to open an account?

The minimum balance required to open a corporate money market account is $2,500. The Dividend Rates and Annual Percentage Yields applicable depend on the balance ranges. Once the account balance has met a particular range, the highest Dividend Rate and Annual Percentage Yield will apply to the entire balance.

Are there any limits or fees?

For corporate money market accounts, no transaction limitations will apply. Some transactions may incur a fee now or in the future. Please view our corporate fee schedule for the latest information. If your average daily balance falls below $2,500, the account will be charged $10.00, monthly.

What are the rates and tiers?

For rate and tier information, please contact our business banking team at (800) 343-6328 Option 3 or schedule a consultation here. The dividend rate and annual percentage yields may change without notice as determined by the board of directors.

What items are required to open membership and a corporate money market account?

• Statement of Faith for non-denominational or independent church/ministry
• Formation documents (Articles of Incorporation or equivalent)
• EIN Confirmation Letter from the IRS
• Recent Board Minutes or letter from the Board Secretary identifying all approved account signers
• An ACCU Organizational Checking Account (compare them)