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Southbridge Credit Union
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Business Money Market

Business Money Market

Grow your business savings with an SCU Money Market Account. Competitive rates help boost your savings giving you more money when needed to help your business. Have your money work smarter, not harder!

A money market account is a type of savings account that sometimes earns a higher amount of interest than a regular share savings account, and the minimum balance for this account is sometimes higher than the minimum balance of a regular share savings account.

You can deposit money into your money market account at any time, and you have the option to close the account at any time, with no penalty for doing so.

Minimum Balance Requirements

The minimum balance required to open this account is $2,500.00.

Account Type Interest Rate APY* Minimum Deposit**
Money Market 0.10% 0.10% $10.00 – $2,499.99
Money Market 0.25% 0.25% $2,500.00 – $9,999.99
Money Market 1.00% 1.01% $10,000.00 – $49,999.99
Money Market 1.30% 1.31% $50,000.00 – $99,999.99
Money Market 1.30% 1.31% $100,000.00

*APY = Annual Percentage Yield. Rate is effective as of 10/23/18 and is subject to change after account opening without notice. **Minimum daily balance required to obtain the stated APY is $100,000. Only new money to SCU is eligible. Membership to SCU requires a one-time dividend-earning deposit of $5.00 in a prime share account.

Let one of our financial service specialists help you with your money market account.

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Do Business Banking with SCU

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Become a Member
Questions? Call Us at
888-599-2265

“The level of service I recently received from Jordan Hoy at Southbridge Credit Union was truly above and beyond any banking service I have ever experienced. To have someone go the extra mile on my behalf has given me confidence to expect nothing but the best from Jordan and the credit union in general.”

Chris LaBonteSCU Member

“Since becoming a member of SCU, I have expanded my perspective on small financial institutions, and I will never go back. The friendliness of the staff and the warm community feeling has been wonderfully apparent. I was most impressed recently when my husband and I went through the process of buying our first home. Every step was handled professionally and with friendly, prompt service by Lisa Gatzke and her team. Add to that the fact that no other bank could beat the rates and give us the special accommodations we needed, and it was obvious who we wanted to work with! Thank you Southbridge Credit Union for making our first home-buying experience easy, pleasant, and smooth!”

Michelle AndersonSCU Member

“When you are part of Southbridge Credit Union, you have access to world class benefits – low rates, exceptional service (I cannot stress this enough) and the products and services you deserve as a member. Here, you can expect access to your money the way you want and when you want it. So whether it’s online, on your mobile device, in person, or at an ATM, they have what you need. After being a member for over 40 years, I still feel the personalization of a small bank to where it has grown to today.”

Robert L. PoirierSCU Member

“Angie was very helpful and professional when I applied for a first mortgage and later, for a home equity loan. I had a great experience on both occasions, and she was very efficient processing all the associated paperwork. I would highly recommend her to anyone looking for a friendly helpful professional to assist with any lending needs.”

Bob CournoyerSCU Member

“I have been a customer of Southbridge Credit Union for the past seven years. After shopping for a mortgage online (Quicken, Lending Tree, etc.) I then looked at local lending institutions. What I discovered was SCU had the lowest rates of all. In addition to my mortgage, I now have a home equity line of credit and two auto loans. SCU’s rates are competitive and the bank personnel are always pleasant and willing to help to meet the needs of the customer. The customer service is second to none at SCU and I will continue to do business with them in the future.”

Chris HavenSCU Member

Southbridge Credit Union

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205 Main Street
Southbridge, MA 01550
888-599-2265
info@sbgecu.org
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