Business Accounts
Partner with Scient for your small business needs
You've worked hard to realize the dream of owning your own business. Scient is here to support your dream with small business solutions designed to help build a foundation. Scient small business accounts are perfect for sole proprietorships, LLCs and small non-profits that do not handle a lot of transactions but want their money to work for them.
It all starts with a Scient Business Savings Account. Start building the foundation.
- No minimum balance to open or maintain
- Required for all business accounts
Our Small Business Checking Account allows you to easily manage and monitor your finances while providing access to make payments and purchases anytime.
- Includes 50 free transactions; $1 charge for each transaction after 50
- $10 monthly service fee waived with $500 minimum balance
- $5 paper service fee waived when you enroll in free, secure eStatements
- Free Online Banking and Bill Pay
- Free Mobile Banking and Mobile Check Deposit
- Free Visa Debit Card
You work hard for your money. Now let your money work hard for you. Our tiered rate structure pays bigger dividends on larger balances up to $250,000.
- Pays higher interest than most standard savings accounts
- No set investment period, meaning your money isn't tied up for months or years at a time
- With Scient FCU's tiered interest rates, the more you deposit, the more you can earn
- Easy access to funds at Scient locations and through Mobile and Online Banking.
- Maintain a $2,500 minimum balance to earn dividend and waive $10 monthly service fee
*APY = Annual Percentage Yield. Rates effective August 1, 2024. Minimum balance to earn a dividend and waive the $10 monthly service fee for the Business Money Market Account is $2,500. The Business Money Market account is a split rate tiered savings account where you earn the stated APY only for the account balance within each tier. Dividends are calculated by the average daily balance method that applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the balance in the account for each day of the period and dividing that figure by the number of days in the period. The period we use is the calendar month. Rates subject to change without notice. Fees or other conditions may reduce the earnings on your account.
Everyone has short-term and long-term financial goals. With Scient Share Certificates, you can pursue them all at the same time. Choose to save for a few months or five years - or somewhere in between. Whatever you decide, you'll benefit from interest earnings that are superior to typical savings rates.
- Share Certificates are fixed-rate savings accounts
- Terms available from 3 to 60 months
- Guaranteed earnings, provided you don't withdraw funds before the end of the term
- In general, longer terms pay higher interest rates
*APY = Annual Percentage Yield. Rates effective November 12, 2024. 4.40% APY is valid on the special 5-month Share Certificate, 4.25% APY is valid on the special 10-month Share Certificate and 3.85% APY is valid on the special 15-month Share Certificate. All special rates require a minimum balance of $1,000 with a maximum balance is $250,000 in new or existing funds. Promotional rates are limited to one special share certificate per social security number. Fees or other conditions may reduce the earnings on your account. A penalty may be imposed for early withdrawal. This is a limited-time offer and may be canceled at any time without notice. Other terms and conditions may apply. See credit union for details. This credit union is federally insured by the National Credit Union Administration.
Business Visa® Card
Choose from our popular business credit card options such as low rate, cash back or flexible rewards to find the one that works best for your business.
No matter which card you choose, your business will benefit from important features like:
- Free online expense reporting tools.
- No fee for additional employee cards.
- Mobile payment capability for added convenience.
- Zero Fraud Liability.* You won’t be liable for fraudulent purchases if your card is lost or stolen.
- Cardmember Service available 24 hours a day, 365 days a year.
Business Deposit Rates
| Product | Dividend Rate | Annual Percentage Yield (APY) | Minimum Balance | How to Open |
|---|---|---|---|---|
| Business Savings | 0.25% | 0.25% | $0 |
Rates subject to change without notice. See Membership And Account Agreement and Truth in Savings Disclosure for details and fees that may reduce earnings on accounts. Other fees and charges may apply.
| Product | Dividend Rate | Annual Percentage Yield (APY) | Minimum Balance | How to Open |
|---|---|---|---|---|
| Business Money Market | 0.00% | 0.00% | $0 - 2,499.99 | |
| Money Market | 1.49% | 1.50% | $2,500 - 24,999.99 | |
| Money Market | 1.98% | 2.00% | $25,000 - 49,999.99 | |
| Money Market | 2.47% | 2.50% | $50,000 - $74,999.99 | |
| Money Market | 2.96% | 3.00% | $75,000 - $99,999.99 | |
| Money Market | 3.44% | 3.50% | $100,000 - $249,999.99 | |
| Money Market | 0.10% | 0.10% | $250,000 and above |
*APY = Annual Percentage Yield. Rates effective August 1, 2024. Minimum balance to earn a dividend and waive the $10 monthly service fee for the Business Money Market Account is $2,500. The Business Money Market account is a split rate tiered savings account where you earn the stated APY only for the account balance within each tier. Dividends are calculated by the average daily balance method that applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the balance in the account for each day of the period and dividing that figure by the number of days in the period. The period we use is the calendar month. Rates subject to change without notice. Fees or other conditions may reduce the earnings on your account.
| Term | Dividend Rate | Annual Percentage Yield (APY) | Minimum Balance | How to Open |
|---|---|---|---|---|
| 3 Month | 0.40% | 0.40% | $500 | |
| Special 5-month* | 4.31% | 4.40% | $1000 | Call us at 877-860-6928 or Email Us |
| 6 Month | 0.45% | 0.45% | $500 | |
| 9 Month | 0.50% | 0.50% | $500 | |
| Special 10-month* | 4.17% | 4.25% | $1000 | Call us at 877-860-6928 or Email Us |
| 12 Month | 0.55% | 0.55% | $500 | |
| Special 15-month* | 3.78% | 3.85% | $1000 | Call us at 877-860-6928 or Email Us |
| 24 Month | 0.65% | 0.65% | $500 | |
| 36 Month | 0.85% | 0.85% | $500 | |
| 48 Month | 1.00% | 1.00% | $500 | |
| 60 Month | 1.24% | 1.25% | $500 |
*APY = Annual Percentage Yield. Rates effective October 1, 2024. 4.65% APY is valid on the special 5-month Share Certificate, 4.55% APY is valid on the special 10-month Share Certificate and 4.45% APY is valid on the special 15-month Share Certificate. All special rates require a minimum balance of $1,000 with a maximum balance is $250,000 in new or existing funds. Promotional rates are limited to one special share certificate per social security numberFees or other conditions may reduce the earnings on your account. A penalty may be imposed for early withdrawal. This is a limited-time offer and may be canceled at any time without notice. Other terms and conditions may apply. See credit union for details. This credit union is federally insured by the National Credit Union Administration.
