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Westmark Credit Union

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Business Savings

Accounts that serve you

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Business Solutions
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Put Your Business Savings to Work

You work hard to grow your Idaho business—your savings should work just as hard for you. At Westmark, we offer flexible business savings options to help you build reserves, earn competitive dividends, and access your funds when opportunity knocks. As a member-owned credit union, we're here to help your business thrive with lower fees, better rates, and decisions made locally by people who understand Idaho.

Competitive Dividend Rates – Earn more on your business reserves with rates that help your money grow faster.
No Monthly Fees – Keep more of what you save with accounts designed for businesses, not bank profits.
Flexible Access to Funds – Transfer funds easily between accounts and access your money when you need it most.
NCUA Insured – Your deposits are federally insured up to $250,000, giving you peace of mind.
Online & Mobile Banking – Manage your savings 24/7, check balances, and transfer funds from any device.
Local, Idaho-Based Support – Talk to real people at our branches who understand your business and community.

Choose Your Business Savings Account

Whether you're building an emergency fund or maximizing returns on larger reserves, we have an account that fits.

Primary Savings

Membership Account

$5

Minimum to Open

  • No Monthly Fee
  • Dividends Compounded Quarterly
  • Voting Privileges (ages 16+)
  • No Transaction Limits
Open Account

Daily Dividend

Flexible Savings

$0

Minimum Balance

  • No Monthly Fee
  • Dividends Compounded Monthly
  • No Minimum Balance
  • No Transaction Limits
Open Account

Platinum Money Market

Premium Rate

$20,000

Minimum Balance

  • Premium Dividend Rate
  • Dividends Compounded Monthly
  • 6 Free Withdrawals/Month
  • No Monthly Fee

Rate reverts if balance falls below $20,000

Open Account

Business Savings Comparison

Find the right fit for how you save and access your business funds.

Primary Savings

Membership
Daily Dividend

Flexible
Platinum Money Market

Premium
Best For Membership requirement; long-term reserves Everyday savings with flexible access Maximizing returns on larger balances
Minimum Balance $5 None $20,000
Monthly Fee None None None
Dividend Rate Standard Standard Premium
Dividends Compounded Quarterly Monthly Monthly
Withdrawals/Transfers Unlimited Unlimited 6 free/month
$10 each additional
Statement Frequency Quarterly* Quarterly* Quarterly*
Direct Deposit
Online & Mobile Access
*Monthly statements if you have an active Checking or Loan Open Account Open Account Open Account

More Business Solutions

Explore our complete suite of business banking products and services.

Business Checking

Manage daily transactions.

Business Loans

Financing to grow.

Business Services

Merchant & payroll.

Online Banking

Bank anytime.

Order Checks

Reorder business checks.

Merchant Services

Accept card payments.

Current Rates

View all rates.

Find a Branch

Visit us today.

Business Savings FAQs

Common questions about our business savings accounts.

It depends on your goals and how much you plan to keep in savings. Primary Savings is your membership account—required to join and great for keeping a baseline reserve. Daily Dividend is ideal if you want flexible access with no minimum balance. If you're maintaining $20,000 or more, the Platinum Money Market gives you a premium rate on those larger reserves.

The Primary Savings account is your required membership account—it's what makes you a member-owner of Westmark Credit Union. With just $5 to open, it provides voting privileges for the Board of Directors (for ages 16 and up) and earns quarterly dividends. It's a foundation account that gives you access to all our products and services.

It varies by account type. Primary Savings compounds dividends quarterly, while Daily Dividend and Platinum Money Market both compound monthly. Monthly compounding helps your savings grow faster over time.

Primary Savings and Daily Dividend accounts have no transaction limits—you can access your funds whenever you need. Platinum Money Market includes 6 free withdrawals or transfers per month; after that, there's a $10 fee per transaction. This helps maintain the premium rate on larger, more stable balances.

If your balance falls below the $20,000 minimum, your dividend rate will revert to the published Primary Savings rate until the balance is restored. There's no fee—your account stays open and you continue earning dividends, just at the standard rate.

Stop by any of our branch locations with your business documentation—this includes your EIN (or SSN for sole proprietors), articles of incorporation or organization, and a valid government-issued ID. Our team will help you choose the right savings account and get you set up the same day.