Business Savings Products from Directions Credit Union

Business Primary Savings

A primary savings account.

Money Management Account

MMA provides more attractive interest rates on larger balances.

Certificates

Certificates require a $500 minimum balance and earns slightly higher rates.

Business Primary Savings

Directions Credit Union’s basic savings account. A $5 minimum balance is required to maintain membership. There are no monthly or annual fees, and it pays a competitive dividend rate that is compounded quarterly.

Money Management Account

An attractive alternative to money market funds with higher rates for larger balances.  A $2500 minimum balance is required to open and maintain the account.

Certificates

Certificates are available in short or longer terms. A $500 minimum balance is required to open and maintain the account. Dividends are compounded monthly.

Savings & Certificates Rates

Health Savings Account (HSA)

Business owners can suggest a Directions Health Savings Account (HSA) to their staff.

A Health Savings Account (HSA) is a Medical savings account available to members enrolled in a High Deductible Health Plan (HDHP).  The member cannot be on Medicare and not eligible to be claimed as a dependent.  Contributed funds  are not subject to federal income tax (subject to IRS guidelines and limits).  Funds rollover and accumulate year to year and may be used to pay for qualified medical expenses.