Business Banking

Business Savings

Federally Insured!

Deposits federally insured up to $250,000 by the NCUA.


Regular Business Savings Account

Like personal savings, a regular business savings account is also what makes you eligible for other services provided by the credit union. Dividends, which are subject to change, are paid quarterly. Deposits to your regular savings share can be made in the following ways:

  • Direct Deposit
  • Payroll Deductions
  • Over the counter
  • Wire transfer
  • By mail
  • Transfers from other ERCU accounts
  • Remote deposit capture via our mobile app
  • Night Drop deposit box

Call and speak with our business services representative for more information!

Special Savings (90 Day Investment) Account

A special savings account allows you to accrue a larger dividend per quarter. A minimum deposit of $500 must be made to open a special savings. Rates are subject to change at the beginning of each quarter. Withdrawals may be made during the quarter with no penalty so long as a minimum balance of $500 remains in the account. Deposits to a special savings must be a minimum of $500 and can be done at any time during the quarter. Account closures during the quarter are subject to early withdrawal penalties.