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Business Savings1

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Choose How You Save

Every business has different financial goals. Whether you’re building an emergency fund, saving for equipment purchases, or maintaining operating cash, our business savings options help your money work harder while remaining secure.

Savings

Business Savings

Set aside funds for future expenses, seasonal cash flow, or long-term goals with a savings account built for everyday business needs. With a low minimum balance and easy account access, it’s a simple way to build reserves while keeping your money within reach.

Benefits include:

  • $5.00 minimum balance
  • No monthly fee with eStatements2
  • Withdraw funds anytime
Community

Member-Managed Funds Account3

Earn more on higher balances with a tiered Member-Managed Funds Account designed for businesses with stronger operating reserves. As your balance grows, your dividend rate increases, giving you a flexible way to maximize idle funds while maintaining account access.

Benefits include:

  • Tiered dividends on balances of $2,500.00 or more
  • Can be designated as savings or checking
  • Designed for higher operating balances
Check

Business Certificate Accounts4

Put excess funds to work with a Business Certificate Account offering fixed dividend rates for set terms. With term options ranging from 6 to 60 months, it’s a smart choice for businesses saving toward future purchases, planned expenses, or longer-term financial goals.

Benefits include:

  • Fixed dividend rates for predictable growth
  • Terms available from 6 to 60 months
  • Ideal for longer-term business savings
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Promo

Premium Savings Account

Give your savings an upgrade with a deposit of at least $25,000 in new money.

  • 3.50% APY on balances of $250,000.00 and above
  • 3.00% APY on balances from $100,000.00 to $249,999.99
  • 2.00% APY on balances from $25,000.00 to $99,999.99

Open a Premium Savings Account in Online Banking or at any branch location.

Visit Online Banking

Tools to Help Your Business Thrive

With local service, flexible account options, and digital banking tools, we make it easier to manage your business finances confidently.

Explore Digital Banking

See What Your Savings Can Earn

Review current dividend rates for our business savings accounts and choose the option that makes sense for your business.

View Our Current Rates
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Business Savings FAQs

Can’t find your question about business savings accounts? Contact Us

A Business Savings Account helps businesses set aside money for future expenses while earning dividends on eligible balances.

You only need a $5.00 minimum balance to open a Business Savings Account.

A Business Savings Account offers everyday flexibility, while a Member-Managed Funds Account is designed for businesses maintaining higher balances and offers tiered dividend rates.

Yes. Online access for Business Accounts lets you view balances, transfer funds, pay bills, and manage user permissions securely.

Yes. Eligible accounts earn competitive dividends. Rates vary depending on the account type and balance.

To open an account, please contact us or visit a branch near you.

Need help getting started?

Reach out to us and we’ll help you set up your account.

Contact Us
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Disclosures

  1. Must use eStatement for no-fee option. Available to qualifying Members. Some restrictions may apply. Fees may apply. Ask for details. Dividends accrue daily; compound quarterly. $5.00 minimum balance.

  2. Receive a paper statement in the mail for $2.00 per month or enroll in free eStatements (electronic statements). Members under the age of 18, Senior Member Accounts, and department SSI excluded. Ask for details.

  3. APY = Annual Percentage Yield. Member-Managed Funds may be designated as a savings or checking account. No minimum balance required, but the minimum balance of $2,500.00 required to earn dividends. Member-Managed Checking Accounts offer unlimited transfers. Fees may reduce earnings. Limits on number of non-signature transactions may be imposed as required by regulation or Credit Union policy. Non-signature transactions may include those made over the phone, via online or telephone banking, or automatically by the Credit Union. No monthly fee if enrolled in eStatements or $2.00 per month for paper statements (if under the age of 18, Senior Member Accounts, and department SSI excluded). Ask for details. Available to qualifying Members. Some restrictions may apply. Fees may apply.

  4. APY = Annual Percentage Yield. APY effective as of October 6, 2026. Rates are subject to change without notice. Fees may reduce the earnings on some accounts. Certificate Accounts with maturities of seventeen (17) months or less have a penalty for early withdrawal of an amount equal to ninety (90) days dividends. Certificate Accounts with maturities of eighteen (18) months or more have a penalty for early withdrawal of an amount equal to 180 days dividends. Dividends can be added back to the account, transferred to another Knoxville TVA Employees Credit Union account, or mailed to you each month. Annual Percentage Yield applies when the dividend is reinvested in the account. Any certificate account with new money of $10,000.00 may add 0.10% APY to the dividend rate featured above. Certificate Accounts (other than Educational Savings) can be designated as an Individual Retirement Account (IRA) or Health Savings Account (HSA). Some restrictions may apply. Ask for details. Talk to a financial advisor regarding individual scenarios.