Business Savings Accounts
Sometimes, you need to save money to make money
Boost your business's financial health and plan for the future with the right savings account.
- Open a business savings account to keep your business and personal funds separate and accessible, budget for expenses, and transfer funds between other business accounts
- Put your company's extra funds in a high-interest business savings account and watch it grow
- Convenient, 24-hour access to your accounts through ACU online and mobile banking
Business Savings
A simple and convenient savings account, perfect for businesses with excess funds that aren’t being used to cover day-to-day expenses.
- No monthly package fee
- Free intra-account transfers with online, mobile and telephone banking
- Free pre-authorized credits
- Free printed or electronic monthly statements
- Free account deposit books
- Earn daily interest on your closing balance
- Night deposit access available
Monthly High Rate Savings
Put that extra cash to work. Benefit from our highest interest on your lowest balance each month.
- No monthly package fee
- Free pre-authorized credits
- Free printed or electronic monthly statements
- Free account deposit books
- Night deposit access available
Business High Rate Savings
This account gives you a high rate of return and easy access to your money - perfect for businesses with a consistent cash surplus.
- No monthly package fee
- Free pre-authorized credits
- Free printed or electronic monthly statements
- Free account deposit books
- Earn daily interest on your closing balance
- Night deposit access available
Community High Rate Savings
A low-cost account for locally based community organizations - enjoy these higher interest rates without the limitations and lock-in periods included in other types of investments.
- No monthly package fee
- Free deposits (ATM, in-branch/night deposit)
- Free pre-authorized credits
- Free printed or electronic monthly statements
- Free account deposit books
- Earn daily interest on your closing balance
- Night deposit access available
Business savings fees and rates
Interest
Interest is calculated daily on your closing balance, and paid on the last day of each month.
Balance | Rate |
on entire balance | 0.05% |
Note: Interest rates are subject to change without notice at any time.
Fees
Business Savings service charges (no monthly fee) |
|
Electronic transactions: | |
Withdrawal (ACU or credit union ATM) | $0.75 |
Deposit (ATM)
|
$0.75 |
Debit card purchase
|
$0.75 |
Pre-authorized payment debit | $0.75 |
Pre-authorized credit | Free |
Bill payment (online, mobile, telephone banking) | $0.75 |
Intra-account CAD/CAD transfer (online, mobile, telephone banking) | Free |
Intra-account CAD/USD transfer (online or mobile banking)* | Free |
Full-service (in-branch) transactions: | |
Debit (cheque, withdrawal, intra-account transfer) | $0.75 |
Deposit (in-branch or night deposit) | $0.75 |
Additional services: | |
ATM withdrawal (Interac) | $1.50 |
Interac e-Transfers® | $1.50 |
Bill payment (in-branch) | $1.00 |
Mobile deposit | Free |
*All cross currency transfers through online or mobile banking are processed at the base tier ($0 - $24,999) rate. Tiered rates for transfers greater than $25,000 are only available in-branch. Please visit the U.S. and foreign exchange rates page for current rates.
Note: Fees are subject to change without notice at any time.
Interest
Interest is calculated on the lowest monthly balance using a tiered system, and paid on the last day of each month.
Balance | Rate |
on entire balance ($0 - $99,999) | 0.60% |
on entire balance ($100,000 - $249,999) | 0.75% |
on entire balance ($250,000 and over) | 1.00% |
Note: Interest rates are subject to change without notice at any time.
Fees
Monthly High Rate Savings service charges (no monthly fee) |
|
Electronic transactions: | |
Withdrawal (ACU or credit union ATM) | $1.25 |
Deposit (ATM)
|
$1.25 |
Debit card purchase
|
$1.25 |
Pre-authorized payment debit | $1.25 |
Pre-authorized credit | Free |
Bill payment (online, mobile, telephone banking) | $1.25 |
Intra-account CAD/CAD transfer (online, mobile, telephone banking) | $1.25 |
Intra-account CAD/USD transfer (online or mobile banking)* | $1.25 |
Full-service (in-branch) transactions: | |
Debit (cheque, withdrawal, intra-account transfer) | $1.25 |
Deposit (in-branch or night deposit) | $1.25 |
Additional services: | |
ATM withdrawal (Interac) | $1.50 |
Interac e-Transfers® | $1.50 |
Bill payment (in-branch) | $1.00 |
Mobile deposit | Free |
*All cross currency transfers through online or mobile banking are processed at the base tier ($0 - $24,999) rate. Tiered rates for transfers greater than $25,000 are only available in-branch. Please visit the U.S. and foreign exchange rates page for current rates.
Note: Fees are subject to change without notice at any time.
Interest
Interest is calculated daily on your closing balance, and paid on the last day of each month.
Balance | Rate |
on entire balance ($0 - $99,999) | 0.20% |
on entire balance ($100,000 - $249,999) | 0.35% |
on entire balance ($250,000 and over) | 0.55% |
Note: Interest rates are subject to change without notice at any time.
Fees
Business High Rate Savings service charges (no monthly fee) |
|
Electronic transactions: | |
Withdrawal (ACU or credit union ATM) | $1.25 |
Deposit (ATM)
|
$1.25 |
Debit card purchase
|
$1.25 |
Pre-authorized payment debit | $1.25 |
Pre-authorized credit | Free |
Bill payment (online, mobile, telephone banking) | $1.25 |
Intra-account CAD/CAD transfer (online, mobile, telephone banking) | $1.25 |
Intra-account CAD/USD transfer (online or mobile banking)* | $1.25 |
Full-service (in-branch) transactions: | |
Debit (cheque, withdrawal, intra-account transfer) | $1.25 |
Deposit (in-branch or night deposit) | $1.25 |
Additional services: | |
ATM withdrawal (Interac) | $1.50 |
Interac e-Transfers® | $1.50 |
Bill payment (in-branch) | $1.00 |
Mobile deposit | Free |
*All cross currency transfers through online or mobile banking are processed at the base tier ($0 - $24,999) rate. Tiered rates for transfers greater than $25,000 are only available in-branch. Please visit the U.S. and foreign exchange rates page for current rates.
Note: Fees are subject to change without notice at any time.
Interest
Interest is calculated daily on your closing balance, and paid on the last day of each month.
Balance | Rate |
on entire balance ($0 - $99,999) | 0.60% |
on entire balance ($100,000 - $249,999) | 0.75% |
on entire balance ($250,000 and over) | 1.00% |
Note: Interest rates are subject to change without notice at any time.
Fees
Business High Rate Savings service charges (no monthly fee) |
|
Electronic transactions: | |
Withdrawal (ACU or credit union ATM) | $1.00 |
Deposit (ATM)
|
Free |
Debit card purchase
|
$1.00 |
Pre-authorized payment debit | $1.00 |
Pre-authorized credit | Free |
Bill payment (online, mobile, telephone banking) | $1.00 |
Intra-account CAD/CAD transfer (online, mobile, telephone banking) | $1.00 |
Intra-account CAD/USD transfer (online or mobile banking)* | $1.00 |
Full-service (in-branch) transactions: | |
Debit (cheque, withdrawal, intra-account transfer) | $1.00 |
Deposit (in-branch or night deposit) | Free |
Additional services: | |
ATM withdrawal (Interac) | $1.50 |
Interac e-Transfers® | $1.50 |
Bill payment (in-branch) | $1.00 |
Mobile deposit | Free |
*All cross currency transfers through online or mobile banking are processed at the base tier ($0 - $24,999) rate. Tiered rates for transfers greater than $25,000 are only available in-branch. Please visit the U.S. and foreign exchange rates page for current rates.
Note: Fees are subject to change without notice at any time.
Featured advice and stories

Composting at the office for a 40% waste reduction
40 per cent of your office’s waste could be saved from the landfill and redirected to an [...]

Winnipeg’s tasty new ice cream shop could be instantly iconic
Who’s crazier…us for opening the first day of winter, or everyone coming for ice cream [...]

What small businesses should expect from their financial institution
If you’re a small business owner or entrepreneur, look for these five things from your [...]
Need more help?
Call us at 204.958.8588 / 1.877.958.8588 or book an appointment with one of our financial advisors.