Business Savings
Put your money to work. Let’s get you saving so you can bankroll your next big deal. We’ll help grow your funds and turn your grind into gravy.
Business Membership Savings Account
Rate
This is where your dreams can become a reality. Open a Business Membership Savings Account to become a member of the Canvas Credit Union Family. We’ll be here for you every step of the way.
- Keep $5 or more in your account and skip the monthly service fee.
- Watch your savings grow with interest compounded and credited quarterly.
Business Money Market Accounts
Best Rate
Set your hard-earned money to work generating serious interest with our Canvas Business Money Market Account. Or, supersize your earnings with our Jumbo version for balances of $100,000 or more.
- Start with a $1,000 minimum deposit.
- Keep earning and skip the monthly service fee as long as you keep a grand or more parked in your account.
- The more you save the more you earn with tiered rates that grow with your balance.
- Watch your savings grow with interest compounded and credited monthly.
- Always have access to your money, while it earns, with our Online & Mobile Services.
Simplified Employee Pension Individual Retirement Account (what a mouthful!)
Call for Rates
Be the super star employer everyone wants to work for by ensuring your staff a dazzling retirement with a Canvas Simplified Employee Pension Individual Retirement Account, or SEP-IRA.
- Employers must contribute for all eligible employees by the end of each year.
- Employer's contributions to the plan are tax deductible for the business.
- Employee eligibility and rules follow IRS’s rules, we've got those Traditional Roth details for you here.
Compare Business Savings Rates
What could be better than earning while also accessing your funds?
Business Savings
PRODUCT
APY †
Business Membership Savings Account
$5 to open. $5 min balance. Interest compounded & credited quarterly.
Business Money Market Account
$1,000 to open, earn, and skip the monthly $10 fee. Interest compounded & credited monthly.
$1,000-$9,999.99
$10,000-$24,999.99
$25,000-$49,999.99
$50,000-$99,999.99
$100,000+
Business Jumbo Money Market Account
$100,000 to open. $1,000 min to earn and skip $10/mo fee. Interest compounded & credited monthly.
$1,000-$99,999.99
$100,000+
†APY is Annual Percentage Yield (APY). Early withdrawal penalties and other fees may reduce earnings. Rates are subject to change at any time. Canvas Credit Union membership is required.
Want to view all the fine print, visit our Disclosures web page.