Business Savings Accounts
Shell Federal Credit Union has a Business Savings account to fit all your business needs. We are a full service financial institution
that has improved the lives of thousands since 1937 and we believe that your Business Savings account should make it easy to manage your finances while also creating a safety net for the unexpected.
Shell FCU accounts are insured up to $250,000 by the National Credit Union Administration, or NCUA. The NCUA is an
independent agency of the United States Government. It regulates, charters and insures the nation’s federal
credit unions.
Interested in banking with Shell FCU and have questions?
See the account details below or request to be contacted by a Shell FCU Representative.
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| Product Name |
Initial Deposit |
Minimum Balance* |
Rate Type |
APY** |
| Business Membership Savings |
$10.00 |
$10.00 |
Variable |
0.10% |
A Business Membership Savings Account with a $10 initial deposit must be established to be
eligible for other accounts, loans and Shell FCU benefits. This initial savings account is
considered a Membership Account.
-
No monthly service fees.
-
As a credit union, Shell FCU returns earnings to our members in the form of competitive
savings rates.
-
Checks can be deposited quickly and effortlessly using Mobile Deposit within the Shell
FCU Digital Banking App.
- Increase your savings easily by depositing cash or checks at any Shell FCU ATM.
- Mobile deposit available for check deposit.
Interested in a Shell FCU Business Membership Savings account?
Request to be contacted by a Shell FCU Representative or visit any Shell FCU branch.
|
| Business Savings |
$10.00 |
$10.00 |
Variable |
0.10% |
A Business Savings account is a great way to grow your money and secure your future business goals.
- No monthly service fees.
- As a credit union, Shell FCU returns earnings to our members in the form of competitive savings rates.
- Checks can be deposited quickly and effortlessly using Mobile Deposit within the Shell FCU Digital Banking App.
-
Increase your savings easily by depositing cash or checks at any Shell FCU ATM.
Interested in a Shell FCU Business Savings account?
Request to be contacted by a Shell FCU Representative or visit any Shell FCU branch.
|
Federal regulation requires the disclosure of beneficial ownership information when establishing accounts at financial institutions.
The entity is required to provide the name, address, date of birth, social security number, and valid government issued identification for each of the beneficial owners.
A Beneficial Owner meets at least one of the following criteria:
(1) Who directly or indirectly exercises "control" over the reporting company, or
(2) Who directly or indirectly owns or controls 25 percent or more of the "ownership interests" of the Business
For more information, please visit the FinCEN website at Beneficial Ownership Information Reporting | FinCEN.gov
Rates current as of and may change after opening the account.
*Minimum balance required to receive disclosed APY. **APY denotes Annual Percentage Yield. Fees could reduce earnings on accounts. Contact Shell FCU for additional product details including earned dividend information, minimum deposit and balance requirements to earn the stated APY, and other important account terms and conditions. Dividend rates and Annual Percentage Yields are current as of the last dividend declaration date.
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