Business Savings with Suncoast
When it comes to savings accounts for businesses, we offer all the great services you expect from your personal savings with the added convenience that comes from already having a relationship with Suncoast.
Learn more about our suite of business banking services at Suncoast.
Want to know what is needed to open a business account at Suncoast? Refer to our business account opening checklist to make the process of opening your account as easy as possible.
Are you a current Suncoast member and want to open a business account?
Suncoast Member: Open Business Account
Not a Suncoast member?
If you are not a Suncoast member, join today and open a business membership!
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Compare Business Savings Accounts
Our savings accounts for small businesses offer all the great services you’ve come to expect from Suncoast with favorable rates and higher returns on your deposits. See for yourself.
Choose a Product:
Minimum Balance
Rate Type
Fixed or Variable
Dividend Rates
APY**
Annual Percentage Yield
Business Regular Savings $5
Minimum Balance
$5.00
Rate Type
Variable
Dividend Rates
0.250 %
APY**
0.250 %
Business Special Savings $0
Minimum Balance
$0.00
Rate Type
Variable
Dividend Rates
0.250 %
APY**
0.250 %
Business Jumbo Certificate 6 Month Term
Minimum Balance
$100,000.00
Rate Type
Fixed
Dividend Rates
4.162 %
APY**
4.250 %
Business Jumbo Certificate 12 Month Term
Minimum Balance
$100,000.00
Rate Type
Fixed
Dividend Rates
5.117 %
APY**
5.250 %
Business Jumbo Certificate 18 Month Term
Minimum Balance
$100,000.00
Rate Type
Fixed
Dividend Rates
4.784 %
APY**
4.900 %
Business Jumbo Certificate 24 Month Term
Minimum Balance
$100,000.00
Rate Type
Fixed
Dividend Rates
4.784 %
APY**
4.900 %
Business Jumbo Certificate 36 Month Term
Minimum Balance
$100,000.00
Rate Type
Fixed
Dividend Rates
3.778 %
APY**
3.850 %
Business Jumbo Certificate 48 Month Term
Minimum Balance
$100,000.00
Rate Type
Fixed
Dividend Rates
3.874 %
APY**
3.950 %
Business Jumbo Certificate 60 Month Term
Minimum Balance
$100,000.00
Rate Type
Fixed
Dividend Rates
3.970 %
APY**
4.050 %
Business Share Certificate 6 Month Term
Minimum Balance
$500.00
Rate Type
Fixed
Dividend Rates
3.922 %
APY**
4.000 %
Business Share Certificate 12 Month Term
Minimum Balance
$500.00
Rate Type
Fixed
Dividend Rates
4.879 %
APY**
5.000 %
Business Share Certificate 18 Month Term
Minimum Balance
$500.00
Rate Type
Fixed
Dividend Rates
4.545 %
APY**
4.650 %
Business Share Certificate 24 Month Term
Minimum Balance
$500.00
Rate Type
Fixed
Dividend Rates
4.545 %
APY**
4.650 %
Business Share Certificate 36 Month Term
Minimum Balance
$500.00
Rate Type
Fixed
Dividend Rates
3.537 %
APY**
3.600 %
Business Share Certificate 48 Month Term
Minimum Balance
$500.00
Rate Type
Fixed
Dividend Rates
3.633 %
APY**
3.700 %
Business Share Certificate 60 Month Term
Minimum Balance
$500.00
Rate Type
Fixed
Dividend Rates
3.730 %
APY**
3.800 %
Additional Information
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Business Regular Savings
- The account you get when you first open your business membership. Our Business Regular Savings Account requires only a $5 opening deposit and balance. It gives you access to all other Suncoast products and services for businesses.
- Dividends are compounded monthly and credited monthly.
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Business Special Savings
- Save for special occasions such as vacations, holiday spending or for anything you want to keep separate from your other savings accounts.
- Our Business Special Savings Account requires only a $5 opening deposit. No minimum balance requirement.
- You'll earn dividends at the regular share rate.
- Dividends are compounded monthly and credited monthly.
- On variable rate accounts the rate may change after account opening.
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Business Jumbo Certificate
- Highest dividend rates, highest earnings and best return for large deposits.
- Initial deposit and minimum balance of $100,000 is required.
- Terms to fit your savings goals.
- Available as: Jumbo Share Certificate, Jumbo Youth Certificate, Jumbo IRA/Roth/SEP Certificate, Jumbo Business Certificate, Coverdell Education Savings Jumbo Certificate and Health Savings Account Jumbo Certificate.
- A penalty will or may be imposed for early withdrawals: 90 days of dividends on terms of 12 months or less; 180 days of dividends on terms longer than 12 months.
- If the account has not yet earned enough dividends or if the dividends have already been paid, the penalty will be deducted from the principal.
- Dividends are compounded daily and credited monthly.
- Suncoast members may open a new Jumbo Certificate by calling the Member Care Center, in any branch or by sending a secure email through SunNet Online Banking.
- 60 month Jumbo Certificate, Jumbo Youth Certificate and Jumbo Business Certificate account holders may request a rate change one time during the term of the certificate. The initial maturity date will remain the same.
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Business Share Certificate
- Begin saving now for your business's bright future, with a Suncoast Business Certificate Account.
- Higher dividend rates, higher earnings, easy automatic savings.
- Terms to fit your financial needs.
- Initial deposit and minimum balance of $500 is required.
- Suncoast members may open a new Certificate Account by phone with the Member Care Center, in any branch or by sending secure email through SunNet Online Banking. If emailing, include the account from which the funds are to come, the desired term in months, and whether you wish to have the dividends added to the certificate or transferred to another deposit account.
- A penalty will or may be imposed for early withdrawals: 90 days of dividends on terms of 12 months or less; 180 days of dividends on terms longer than 12 months.
- If the account has not yet earned enough dividends or if the dividends have already been paid, the penalty will be deducted from the principal.
- Dividends are compounded daily and credited monthly.
Choose a Product:
Initial Deposit
Account Balance
Rate Type
Fixed or Variable
Dividend
APY**
Annual Percentage Yield
Business Money Market $0
Initial Deposit
$1,000.00
Account Balance
$0.00 - $999.99
Rate Type
Variable
Dividend
1.143 %
APY**
1.150 %
Business Money Market $1,000
Initial Deposit
$1,000.00
Account Balance
$1,000.00 - $24,999.99
Rate Type
Variable
Dividend
1.292 %
APY**
1.300 %
Business Money Market $25,000
Initial Deposit
$1,000.00
Account Balance
$25,000.00 - $49,999.99
Rate Type
Variable
Dividend
1.390 %
APY**
1.400 %
Business Money Market $50,000
Initial Deposit
$1,000.00
Account Balance
$50,000.00 - $99,999.99
Rate Type
Variable
Dividend
1.489 %
APY**
1.500 %
Business Money Market $100,000
Initial Deposit
$1,000.00
Account Balance
$100,000.00 and greater
Rate Type
Variable
Dividend
1.980 %
APY**
2.000 %
Business Money Market $250,000
Initial Deposit
$1,000.00
Account Balance
$250,000.00 and greater
Rate Type
Variable
Dividend
2.469 %
APY**
2.500 %
Additional Information
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Business Money Market
- A high-yield account with a tiered dividend rate. Once a particular balance range is met, the dividend rate and Annual Percentage Yield for that balance range will apply to the full balance of your account.
- No minimum balance is required, however a minimum of $1,000 is needed to earn interest.
- Dividends are compounded daily and credited monthly.
- Interest rate varies based upon account balance.
- Rates are variable and may change after the account is opened.
Better Saving
Creating a business relationship with Suncoast is easy. Opening a savings account – with as little as $5 – is the first step. Choosing to entrust your business account to Suncoast provides benefits that banks don’t offer.
When you own and operate your own business, every little bit helps.
- Higher returns on your deposits. As a not-for-profit financial cooperative, we return earnings to members in the form of competitive savings rates.
- Great service. We have a dedicated staff standing by ready to answer your questions and provide assistance.
Federally Insured
As a business owner, you need to be sure that your savings are safe. With a Suncoast business savings account, your deposits and savings are automatically insured for up to $250,000 by the Federal Government’s National Credit Union Administration (NCUA).
Employee Benefits
If your workplace is located in any of the counties served by Suncoast, your employees can make the switch. Not only will they benefit from smarter banking, but they'll also have access to Suncoast's Health Savings Accounts (HSAs) to help with medical expenses such as covering high-deductible health insurance plans. Contributions to HSAs are tax deductible and distributions are tax-free for all qualified medical expenses.
Learn more about HSAs at Suncoast's HSA Service Center.