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Business Savings
Whether you’ve got long- or short-term savings goals for your business (or both), Cyprus can help you save with accounts that meet your needs.
Enjoy higher dividends than a regular Business Savings account and greater liquidity than a certificate. With a tiered interest rate plan, our traditional Business Money Market offers higher interest rates as your balance increases. It can also be linked to your checking account to automatically cover overdrafts.
Business Growth Money Market
A low savings balance doesn’t have to mean low interest earnings. Our Business Growth Money Market offers a reverse-tiered interest plan, so you get higher dividends on your lower balances. Funds can be easily transferred to a traditional Business Money Market account if you find that your balance is outgrowing the Business Growth Money Market. It can also be linked to
your checking account to automatically cover overdrafts.
Dream Certificates
With flexible terms and high yields, our Business Dream Certificates are ideal for your business’ long-term savings. Plus, you can continue making deposits to the certificate for the entirety of the term. Any business eligible for membership at Cyprus may open a Dream Certificate.
Business Sweep Money Market Accounts
Automate your savings and maximize your earnings with a Business Sweep Money Market account. This account is linked to your business checking and allows you to set a target balance in the checking account. At the end of each day, any funds remaining above your target balance are automatically transferred into the money market. Should the funds in your checking account fall below the target balance, an automatic transfer will take place from the money market to the checking account to make up the difference.
UARHOF Accounts
Our UARHOF accounts allow real estate brokers to easily deposit funds held in trust for their clients. Dividends earned on these accounts are paid directly to the Utah Association of REALTORS® Housing Opportunity Fund (UARHOF), a nonprofit providing funds for housing-related programs in the community.
IOLTA Accounts
With an Interest on Lawyers' Trust Account (IOLTA), dividends are earned on the funds held in trust for attorneys' clients. These dividends are paid to the Utah Bar Foundation, a nonprofit providing legal education and services to those in need.
Contact Us
Schedule a free, one-on-one consultation with our dedicated local experts to discuss how we can help your business thrive.
The products and services on this page are offered through LPL Financial or its affiliates by Registered Representatives of LPL Financial. These products and services are not credit union deposits, not credit union guaranteed, not insured by NCUA or any other government agency, and may lose value. Cyprus Credit Union is a separate entity and is not affiliated with LPL Financial.
Links from the Cyprus Credit Union web site to other web sites are provided solely as a convenience to visitors.
If you use these links, you will leave the Cyprus Credit Union web site.
The Credit Union does not have any responsibility
or control over any of these external web sites, their content or their privacy policies. We do not endorse or make any representations about
third-party external web sites, including any information, products, materials or results that may be obtained from using them.
If you decide to access any of the linked third-party web sites, you do so entirely at your own risk. You are encouraged to review the privacy
notice for each linked web site.
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