Business Savings Accounts
As a business owner, you’re always on the clock. Your business is on your mind even when the doors are closed. That’s why choosing a savings account should be simple, not another task on your already full plate. With the right account, you can spend less time worrying about banking and more time running your business.
Options To Help Your Business
Certificate
of Deposit
Health Savings
Accounts
Membership Savings
A business savings account is a safe place to build your business’s savings with easy access and up to 6 free withdrawals per month. Save Smarter by saving with Honor.
Business Savings Account Rates
| Type | Interest Rate | APY* |
|---|---|---|
| Share Savings (for balances on $5.00 or more) | 0.01% | 0.01% |
| Health Savings (HSA) | 0.25% | 0.25% |
| Rates accurate as of Oct 15, 2025 |
*APY = Annual Percentage Yield. Rates are variable and subject to change without notice after account is opened. Fees can reduce earnings. Federally insured by NCUA.
Account Details
- Free online banking and e-Statements
- Free transfers to other Honor accounts
- Transparent account terms with convenient access to your money anywhere 24/7
- NCUA insured up to $250,000
Money Markets
A money market account is a great way for your business to earn a little extra interest on that money you’re already saving. One advantage of a money market account is after you make your initial deposit you still have access to the funds. Money markets are ideal for business owners who need access to their funds, but are determined to save money.
Account Details
- Two account options to choose from to fit your business needs
- Start earning interest on any positive balance!
- No minimum balance fees
- No monthly fees
- Earn more interest as your balance increases
Business Amplify Money Market Rate
| Amnt | Base Rate | Base APY* | Bonus Rate | Bonus APY** |
|---|---|---|---|---|
| $0.01 and up | 0.25% | 0.25% | 2.73% | 2.77% |
| Rates accurate as of Oct 15, 2025 |
*APY = Annual Percentage Yield. Rates accurate as of 3/1/25. $0.01 minimum deposit required to earn the base dividend of 0.25% APY. **An additional bonus dividend of 2.52% APY requires at least 1 cleared credit card transaction per month on a Business Credit Card account AND at least 1 cleared signature-based or PIN-based point of sale (POS) debit transaction per month (PIN-based ATM transactions not eligible) on a Free Business Checking, Business Advantage Checking or Accelerate Business Checking account – please note that Honor posts transactions based on how they are received from merchants. Accounts meeting both of the qualifying requirements will earn a total dividend of 2.77% APY. Rates are variable and subject to change without notice. Insured by NCUA.
Business Momentum Money Market Rates
| Amount | Interest Rate | APY* |
|---|---|---|
| $0.01 - $24,999.99 | 0.30% | 0.30% |
| $25,000.00 - $99,999.99 | 0.450% | 0.45% |
| $100,000.00 - $249,999.99 | 0.750% | 0.75% |
| $250,000.00 - $499,999.99 | 0.99% | 1.00% |
| $500,000.00 - $999,999.99 | 1.24% | 1.25% |
| $1,000,000.00 - $1,999,999.99 | 1.49% | 1.50% |
| $2,000,000.00 - $10,000,000 | 1.78% | 1.80% |
| Rates accurate as of Oct 15, 2025 |
*APY = Annual Percentage Yield. Rates are variable and subject to change without notice after account is opened. Fees can reduce earnings. Federally insured by NCUA.
Open a Business Savings Account
To open one of our Business Savings accounts, we ask that you connect with one of our local experts to ensure you are opening the account that’s the best option to help you and your business achieve financial success.
Business Savings FAQs
Yes! We can help you set up these accounts for your employees. We can even come to your business to help employees open these accounts. Please contact one of our business team members to get started.
Yes. You can have up to two Momentum accounts.
CD laddering is a common occurrence with opening certificates of deposit. You take your lump sum of money and divide it up between multiple CD’s with a variety of term lengths. This allows you to still earn higher rates of interest, but also to have the flexibility and access to your funds as they renew at different times.
Yes. You can download a QBO file to use.