Business Savings Accounts

Open a business “share account” to establish your LUSO owner-member status.

Better Business Statement Share Account

    Overview

    Earn dividends with every deposit and build a vital cash reserve to support your goals and manage business cycles.

    • $25 minimum deposit
    • Requires eStatement processing (free service)
    • Free Online Business Banking and Online Bill Pay1
    • Free Mobile Banking with Mobile Deposit

    Elite Now Business Money Market Account

      Overview

      Increase your dividends as your balance grows with this tiered-rate business savings workhorse.

      • $250 minimum deposit ($500 to earn dividends)2
      • Three (3) free monthly transactions ($5 per additional item)3
      • $25 monthly service charge for balances below $5,0004
      Compare your options
      Better Business Statement Share AccountElite Now Business Money Market
      Right for you if you want to…Establish your owner-membership and gain access to timesaving features like free Online Business Banking and Online Bill Pay1Earn competitive dividend rates and maintain liquidity with as little as a $500 monthly balance2,3
      Minimum Deposit$25$250
      Minimum BalanceN/A$5002
      Maximum Balance1N/A$4,999.99
      Monthly Service FeeN/A$254
      Dividend RateN/A0.05%
      APY5N/A0.05%

        1Requires e-Statement processing.

        2 Minimum balance to earn dividends

        3Allows 3 free transactions per month, $5 per item thereafter.

        4Balances below minimum are assessed a monthly service charge.

        5APY: Annual Percentage Yield / Fees may reduce earnings on the account.

        Make the most of LUSO membership.

        Maximize the benefits of banking with LUSO Federal.

        Online Banking

        Go Digital

        Schedule a Meeting

        Book Now