Business Savings
Smart Savings for Smart Businesses
Point West Business Savings Accounts are designed to support the financial stability of small businesses. Take advantage of customized advice and intuitive online tools to manage your savings effectively.
Benefits of a Point West Business Savings Account
Overdraft Coverage
We offer various Overdraft Protection options for your account so you can protect your funds.
30,000+ No-Fee ATMs
Enjoy access to nearly 30,000 surcharge-free CO-OP ATMs† nationwide, ensuring you can withdraw cash whenever and wherever you need.
Online Banking and Mobile App 24/7
Enjoy Mobile Check Deposit, Bill Pay, and much more! With advanced security measures, you can rest assured your financial information is secure wherever you go.
Financial Education Resources
Credit Pathways delivers custom credit-building solutions for small businesses, including rent reporting and credit builder loans to enhance your financial stability.
No Fees
Monthly service fees? Not here! Our savings account is fee-free.
Insured by NCUA
Balances in your Point West accounts are fully insured by the National Credit Union Administration (NCUA).
We see you, Non-Profits!
We understand that keeping funds liquid for operating expenses and programming can be important, and like all organizations, you want to maximize your return. Learn more about our Non-Profit Savings accounts.
Compare Business Savings Accounts
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Minimum opening balance
Minimum opening balance
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Tiered rates
Tiered rates
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Annual Percentage Yield (APY) as high as
Annual Percentage Yield (APY) as high as
Business Share/Savings Account
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Minimum opening balance
$5.00
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Tiered rates
No
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Annual Percentage Yield (APY) as high as
0.03%*
Nonprofit Savings Account
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Minimum opening balance
$5.00
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Tiered rates
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Annual Percentage Yield (APY) as high as
1.25%
Unlock Your Business Potential!
Disclosures
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*APY = Annual Percentage Yield. Dividend Rate/APY may change at any time. To earn stated Dividend Rate/APY, member must meet outlined requirements for the month to be eligible. Members may only qualify for one of the stated rates above each month. **Transactions for Point West credit/debit cards must post between 28th of prior month and 27th of current month to qualify. ***Visa credit card loan subject to credit approval. Contact Point West Credit Union for complete details at 503.546.5000. Federally insured by NCUA.
APY = Annual Percentage Yield. Point West Credit Union is a member-owned cooperative and pays dividends (interest) based on current earnings. Future rates cannot be guaranteed. Dividends are computed from day of deposit to day of withdrawal and posted on the last day of the month. The Annual Percentage Yield is a percentage rate that reflects the total amount of interest to be paid on an account based on the interest rate and frequency on compounding for an annual period. See our Fee Schedule for complete details on individual fees charged for specific services. Call Member Services at 503.546.5000 for additional service or assistance. Truth in Savings Disclosure.
Savings and Money Market Transfer Limitations – Up to six (6) transfers per calendar month, per suffix/account. The transfer limitation applies to preauthorized, automatic, overdraft, and telephone transfers (including Online Banking) to another account of yours or to a third party. A preauthorized transfer includes any arrangement with Point West Credit Union to pay a third party from your account upon written or oral orders (such as your automobile insurance company or health club), including orders received through the Automated Clearing House (ACH). There is no limit on the number of transactions you may make to another Point West Credit Union account or withdrawals (checks made directly to you) when such transfer or withdrawal is initiated in person, by mail or at an ATM.
*$2 fee for mailed paper statements. No fee in enrolled in paperless e-statements.
†The first 5 ATM transaction per month are free. A $1.00 fee will be assessed for each CO-OP ATM transaction thereafter.
††Online Bill Pay is provided at no cost for active users. If Online Bill Pay account is inactive for 90 days a $10 monthly fee will be assessed until it is active again.
^Checking account schedule of fees and charges apply. Members must have a minimum balance of $5 in their share (savings) account and be a member in good standing to qualify.