Business Special Purpose Savings Accounts
Whether you’re saving for new office space, equipment, or to build a financial cushion to hedge against seasonal shortfalls, this special-purpose account can help you get there faster—with a competitive interest rate and automatic transfers.
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Featured Account
Special Purpose Savings Account
We created our new Business Special Purpose Savings Goal account to help you build your savings faster. Get ready to save for that new office space, equipment purchase, or anything else you've been wanting to do.
Benefits
Earn interest
Get a competitive interest rate on balances of $100 or more and earn money just for saving it.
Automatic savings
Save time and automate your savings with recurring transfers.
No monthly fees
Keep your hard-earned cash and save more of it with no monthly maintenance fees.
Track progress
Stay motivated to reach goals by tracking your progress in our free Mobile Banking app.
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Resources
Looking for something different? Explore our other Business Account options.
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Business Money Market Account
Our business money market can be a great way to broaden your portfolio with a secure vehicle that offers a competitive, tiered interest rate along with security, flexibility, Fand accessibility.
Business Checking
Our Business Checking accounts are designed to make managing your business’ daily finances easier and your life better.
Business Loans
Whether you’re looking to expand, renovate, add equipment or purchase or refinance a commercial property, our local team is there with fast answers and affordable rates, getting you the loan you need when you need it.
FAQs
Is my business eligible for membership at Community First Credit Union?
The business headquarters, corporate office or any physical location must be located within our field of membership OR any Responsible Individual must live, work, or attend school in one of the following counties: Baker, Brevard, Broward, Clay, Duval, Flagler, Indian River, Lake, Martin, Nassau, Orange, Palm Beach, Putnam, Seminole, St. Johns, St. Lucie, or Volusia OR any Responsible Individual must be a relative of an existing or eligible Community First Credit Union of Florida member.
Want to know more? Take a look at our Business Account opening requirements or simply contact us.
Want to know more? Take a look at our Business Account opening requirements or simply contact us.
How do I open a business Special Purpose Savings Account?
You can open a savings account in a branch, or over the phone when you call 904.371.8185
What do I need to open a Business Special Purpose Savings Account?
To open a Business Savings Account, all responsible individuals and any authorized signers must have a valid:
- Social security number
- Valid, United States Government Photo Identification
- A minimum deposit of $25
How do I set up a recurring transfer?
You can set up a recurring automatic transfer in Business Online or Mobile Banking services. Recurring transfers can be initiated between your Community First Credit Union accounts. Learn More