Business Banking Services
competitive deposits
Whether you're just starting out or looking to grow, we offer the tools and support you need to manage your business finances efficiently. Plus, enjoy seamless online banking and personalized service to keep your business running smoothly. CTA: Become a Business Member.
FIT – Free Business Checking
- No Monthly Fees
- 150 Free Transactions
- No Minimum Balance Requirement
FLEX – Checking to support your growing business
- Earn interest on balances over $1,000
- $15 monthly fee waived for balances over $10,000
- 500 Free Transactions per Month
Let Cornerstone Be Your Partner in Business
deposit and business lending products
Small businesses are the cornerstone of Niagara and Erie County. That’s why we at Cornerstone offer a full line of business banking services, including deposit and business lending products with highly competitive rates.
| Term | Certificate Type | Dividend Rate | Apy |
|---|---|---|---|
| 91 Day* | Business | 0.499% | 0.500% |
| 6 Month* | Business | 0.995% | 1.000% |
| 1 year** | Business | 4.066% | 4.150% |
| 18 month** | Business | 4.066% | 4.150% |
| 2 year* | Business | 0.200% | 0.200% |
| 3 year* | Business | 0.250% | 0.250% |
| 4 year* | Business | 0.300% | 0.300% |
| 5 year* | Business | 0.349% | 0.350% |
** The 1 year and 18-month member certificate special, including the stated Annual Percentage Yield (APY*), are a limited time offer. Cornerstone Community FCU reserves the right to modify or cancel these offers at any time without notice. Once the promotional rate is applied to a purchased certificate, it will remain in effect for the length of the product term. Penalties apply for early withdrawals from certificates. Personal and IRA certificates excluded from the above certificate rates. Membership eligibility required. Other restrictions may apply.
| Product Type | Minimum Balance to Earn Dividends | Dividend Rate | APY** |
|---|---|---|---|
| Business Money Market* | $2,500 – $49,999.99 | 3.687% | 3.750% |
| Business Money Market* | $50,000 – $249,999.99 | 3.687% | 3.750% |
| Business Money Market* | $250,000 – $999,999.99 | 3.687% | 3.750% |
| Business Money Market* | $1,000,000 – $2,999,999.99 | 3.687% | 3.750% |
| Business Money Market* | $3,000,000 and more | 3.687% | 3.750% |
| Business Premium Money Market** | $25,000 – $249,999.99 | 3.928% | 4.000% |
| Business Premium Money Market** | $250,000 – $999,999.99 | 3.928% | 4.000% |
| Business Premium Money Market** | $1,000,000 – $3,000,000 | 3.928% | 4.000% |
| Business Premium Money Market** | $3,000,000 and more | 3.928% | 4.000% |
*Rates effective December 31, 2024
*APY is Annual Percentage Yield. Minimum $25,000 new money to Cornerstone CFCU required. Fees may reduce earnings on account. The current tiers and ongoing rates on Business Premium Money Market account as of December 31, 2024, are $25,000-$249,000 4.750% APY, $250,000 – $999,999.99 4.750% APY, $1,000,000 – $2,999,999.99 4.750% APY, $3,000,000 and + 4.750% APY. Minimum to open Business Premium Money Market account is $25,000. Advertised rates are available on new Business Premium Money Market accounts only. The advertised rate may not be applied to funds from another Cornerstone CFCU account. Cornerstone Community FCU reserves the right to modify or cancel this offer at any time without notice. Membership eligibility required. Other restrictions may apply.
| Product Type | APR | APY | Minimum Balance to Open | Minimum Average Daily Balance to Earn APY |
|---|---|---|---|---|
| Business Regular Shares & Sub Accounts* | 0.010% | 0.010% | $5 | $50 |
| Flex Business Checking* | 0.010% | 0.010% | $5 | $1,000 |
*Minimum deposit to open CCFCU Business share Account is $5.00. Rates effective quarter ending June 30, 2023