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Business savings

Everence Federal Credit Union has a variety of savings products for small businesses and self-employed individuals operating their own business.

Regular savings

To take advantage of our financial services, a business first opens a membership account by depositing $5 into a regular share savings account. This $5 remains the property of the business, but it must stay in Everence Federal Credit Union for the term of the membership. You may add to this $5 in any amount you wish.


Everence Federal Credit Union has certificates available in maturities from three to 60 months with minimum balances of $500-$100,000. Dividends are compounded quarterly. Penalties apply for early withdrawal.

Money markets

Our money market accounts for businesses earn dividends with limited check writing privileges. And there is no monthly fee if the average daily balance does not fall below $2,500. Six free checks or withdrawals permitted each month; fees apply for more withdrawals. Dividend rates vary according to monthly balance.

Club accounts

Everence Federal Credit Union members can set up club accounts for a variety of business purposes. There is no limit to the number of different accounts a business may have in addition to the regular share savings account.


In addition to IRA accounts—traditional, Roth, and educational—Everence Federal Credit Union also offers SEP accounts for self-employed individuals and businesses. Dividend rates vary according to balances.

For more information or to secure an application to open an Everence Federal Credit Union SEP, call (800) 322-0440 and ask to speak with an IRA representative. Or send an e-mail to: