Available nationwide, Greenwood Credit Union Business Money Market is offering up to 1.25% APY on your business funds. Continue reading below to learn everything you need to know about Greenwood Credit Union.
About Greenwood Credit Union
Headquartered in Warwick, Greenwood Credit Union is the 3rd largest credit union in the state of Rhode Island and the 543rd largest credit union in the nation. Established in 1948, it had grown to 76 employees and 83,323 members at 2 locations. Greenwood Credit Union’s money market rates are 3X the national average, and it has an A health rating.
Eligibility: Membership in Greenwood Credit Union is open to anyone (regardless of residency status) by opening and maintaining a Share Account, with a minimum of a $5.00 balance. See current membership details |
Balance Requirement | APY Rate |
$0.00 – $2,499.99 | 0.00% APY |
$2,500.00 – $24,999.99 | 0.65% APY |
$25,000.00 – $99,999.99 | 0.75% APY |
$100,000.00 – $249,999.99 | 0.85% APY |
$250,000.00+ | 1.25% APY |
Greenwood Credit Union Business Money Market Rate
- Account Type: Business Money Market
- Interest Rate: 1.25% APY
- Availability: Nationwide (Locator)
- Minimum Balance: None
- Maximum Balance: None
- Credit Inquiry: Unknown
- Opening Deposit: $2,500
- Monthly Fee: None
- Early Termination Fee: None listed, check with CSR
(See current rates here)
Greenwood Credit Union ACH Capabilities & Limits
ACH Type | Speed | Daily $ Limit | Monthly $ Limit | Notes |
Push | ? | ? | ? | ? |
Pull | ? | ? | ? | ? |
Why You Should Sign Up For This Account
- It’s a great way to earn a higher interest rate and still keep your money available to you.
- There are no monthly maintenance fees.
- FREE online business banking.
- This business money market account also has capability for direct deposit, so you can feed excess funds from your business checking into it automatically.
- Choose quarterly mail or e-statements.
Bottom Line
Finally, check out Greenwood Credit Union Business Money Market account for this amazing rate! The fact that you can earn a high rate on any balance makes this Savings Account all worthwhile. Let us know about your experience with this bank and comment below.
Interested in Bank Bonuses? See our favorite banks including HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, or CIT Bank.
Check back often to see the latest info on Greenwood Credit Union Business Money Market Account.
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