Open a Business Money Market Account

People at a factory

Earn up to 4.50% APY* for 12 months with a GLCU business money market account.

At GLCU, we’re taking care of business with higher deposit rates. Don’t leave money on the table. This promotional rate won’t last long.

 

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Business Money Market Account Rates

Do Business Your Way

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Get added flexibility and maintain liquidity.
Link your accounts to easily move cash from your money market account to your operating account anytime.

 

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Use your money when you need it.
Write checks directly out of your money market account.

 

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Bank on the go wherever, whenever.
Access your account 24/7 through GLCU online and mobile banking.

 

 

Your Local Business Banking Partner for Over 85 Years

We’ve been helping business owners achieve their goals since 1938. As a GLCU member, you’re banking for a greater good
and supporting the financial empowerment of your community.

 

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What Our Members Say

“I have always received great service over the years. I’ll never regret switching from Chase to Great Lakes. It’s more personal in every way for all the services that I have needed. I also feel more secure here.”

-James H.

"GLCU provides me with everything I need. Customer service is excellent and staff knows their job. No waiting. Help right away when I come in."

-Deborah L.

"We have been members since the 1960's and have had nothing but great service."

-Billy W.

FAQ

  1. Visit a local GLCU branch to start your business account! We recommend that you set up an appointment and ensure you bring all the necessary documentation. You’ll need the following to open a business account at GLCU:

    • Business Tax ID (EIN) or Social Security Number
    • Established Business Date
    • Within field of membership
    • Legal documentation to support the operating business
    • Personal information for business owner and all authorized signers

    What you should know:

    • The business owner must be a U.S. resident and reside within GLCU’s field of membership
    • Applicants are subject to a credit report verification
    • Any transactions taking place online or via phone are agreeing to electronic communications

  2. Since you already have a business account with us, you can open a Business Money Market account by calling our Member Contact Center at 1-800-982-7850 or by visiting a local GLCU branch.

  3. Business money market accounts can be a suitable option for businesses that want to earn interest on their idle funds while maintaining liquidity and access to cash for operational needs. However, it's essential to compare the features, fees, and interest rates offered by different financial institutions before opening an account to ensure it aligns with your business's financial goals and needs.

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*APY = Annual Percentage Yield. Dividends will be compounded and credited to the account each month. Dividend rates and APY may change at any time. For new Business Money Market accounts opened during the promotion period, the promotion period ends 12 months from open date. For existing Business Money Market accounts, the promotion starts on 4/1/24 and ends 12 months later. Promotion offered for a limited time.