Business Banking
Rate-Lock Money Market
- Federally insured
- Fully liquid
- Rate guaranteed through June 30th, 2025
- No monthly fees
Apply via your existing account
Apply nowNew to Direct?
Start your application hereBusiness Banking Solutions
- Access a suite of business banking products designed to suit your specific needs.
- Manage multiple related entities (EINs) conveniently.
- Enjoy online tools for creating ACH and Wire Transfers.
- Link external accounts to streamline your business finances.
Business Banking Products
Business CDs
- Choose from any of our terms
- 3–60 month terms
- New Money Only
Business Money Market
- Available products: Premium Business Money Market, Business High-Yield Money Market
- No Checking Account required
Account Type
Annual Percentage Yield (APY) is 4.00%. APY is guaranteed through June 30, 2025. The Rate-Lock Money Market APY and Dividend Rate are in effect as of 01/01/2025. This offer may be discontinued by the Credit Union at any time. The minimum deposit to open a Rate-Lock Money Market Account is $500 and there is a minimum daily balance of $25,000 to earn the stated APY. If the balance in the Rate-Lock Money Market Account falls below $25,000 for any day during the month, no interest will be paid for that dividend period. The daily balance is the balance of your Account at the end of the day. Fees may reduce earnings. New money only. Federally insured by the NCUA.
Apply via your existing account
Apply nowNew to Direct?
Start your application here
Beneficial Owner Information
Direct@Work
Vocal For Local
Services
Digital Banking
Helpful Resources
Frequently Asked Questions
Yes, we offer SBA loans!
If you are an existing member, the easiest way to check the status of an application is through the Application Center within Digital Banking.
If you are not a member, please visit our Application Status Center.
Money Market dividends are are compounded monthly, and posted monthly.
We are federally Insured by the NCUA. The National Credit Union Share Insurance Fund was created by Congress in 1970 to insure members' deposits in federally insured credit unions. Each credit union member has at least $250,000 in total coverage in individual accounts.
The Share Insurance Fund also separately protects members’ IRA accounts up to $250,000 and provides additional coverage for members’ trust accounts.
The Share Insurance Fund has the backing of the full faith and credit of the United States. Credit union members have never lost even a penny of insured savings at a federally insured credit union.
Dividends start to accrue on the date the account is funded.
Funds cannot be added to an existing CD Share Certificate.
Monthly dividends are available for withdrawal without penalty.
CD dividends are compounded daily and posted monthly.
Glossary
Direct Federal is a not-for-profit, meaning that earnings are invested right back into the credit union. And that means Direct Federal can offer lower loan rates and higher deposit rates that you simply won't see anywhere else.
Credit unions are among the most well-capitalized financial institutions, maintaining equity reserves and investments that prioritize needed safety and soundness for their members.
Direct Federal is no exception to this. Our conservative balance sheet management and strong capital position makes us significantly different from financial institutions in the news.
