Rates

Business Rates

View current rates for a variety of business accounts and loans

Business Loan Rates

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woman smiling in her office space

Keep your business moving forward with competitive loan rates

All business and commercial loan rates depend on a number of factors, including the amount you borrow, financial strength of business, collateral, term of the loan, and your credit rating. Generally, rates are:

  • Lines of credit and construction loans:
    Wall Street Journal prime rate, plus 0-6%.
  • Adjustable-rate term loans:
    3-Year or 5-Year US Treasury Securities, plus 2-6%.
  • Variable rate term loans:
    Wall Street Journal prime rate, plus 0-6%.

Business Share Secured Loan Rates

Loan Type Rate Information
Business Share Secured Loans Rate is based on the share or certificate rate plus points between 2–4%, depending on the term of the loan.

Contact a Business Specialist

 

Term Loans Not Secured by Real Estate

Loan Type Rate Information
Business Term Loans Not Secured by Real Estate

Rates on inventory and security loans can be fixed or variable:

  • Fixed rate is based on Wall Street Journal prime rate plus points.
  • Variable rate is based on Wall Street Journal prime rate plus points.

Rate on equipment loans can be fixed, variable, or adjustable*:

  • Fixed rate is based on the 3-Year or 5-Year US Treasury Securities plus points.
  • Variable rate is based on Wall Street Journal prime rate plus points.

* Adjustment period is every 3 or 5 years

Contact a Business Specialist

 

Commercial Real Estate Rates

Loan Type Rate Information
Commercial Real Estate Loans

Rate can be fixed, variable or adjustable*:

  • Fixed and adjustable rate is based on the 3-Year or 5-Year US Treasury Securities.
  • Variable rate is based on Wall Street Journal prime rate plus points.


* Adjustment period is every 3 or 5 years

Contact a Business Specialist

 

Secured & Unsecured Lines of Credit Rates

Loan Type Rate Information
Secured Lines of Credit Rate is floating based on the Wall Street Journal prime rate plus points.
Unsecured Lines of Credit Rate is floating based on the Wall Street Journal prime rate plus points.

Contact a Business Specialist

 

Business Checking and Savings Rates

Business Checking Account Rates

Rates as of 09/22/2023
Account Balance APY** Minimum Balance to Earn
Business Checking <1,000 .00% N/A
Business Checking $1,000 - $9,999 .05% $1,000
Business Checking $10,000 - $49,999 .05% $10,000
Business Checking $50,000 - $99,999 .05% $50,000
Business Checking > $100,000 .05% $100,000

Business Savings Account Rates

Rates as of 09/22/2023
Type APY* Dividend** Minimum Balance to Earn
Savings .10% .10% $50

Business Money Market Account Rates

Rates as of 09/22/2023
Type APY* Dividend** Minimum Balance to Earn
Money Market .20% .20% $5,000
Money Market .25% .25% $10,000
Money Market .30% .30% $25,000
Money Market .40% .40% $50,000
Money Market .45% .45% $100,000
Money Market .50% .50% $250,000

Business Certificate Rates

Business Certificate Rates

Rates as of 09/22/2023
Minimum Balance Term
$500 $10,000 $100,000 $250,000
1 - 2 Months
Dividend Rates* .55% .55% .55% .55%
APY* .55% .55% .55% .55%
3 - 5 Months
Dividend Rates* 1.20% 1.20% 1.20% 1.20%
APY* 1.20% 1.20% 1.20% 1.20%
6 - 8 Months
Dividend Rates* 5.00% 5.00% 5.00% 5.00%
APY* 5.00% 5.00% 5.00% 5.00%
9 - 11 Months
Dividend Rates* 2.20% 2.20% 2.35% 2.50%
APY* 2.20% 2.20% 2.35% 2.50%
12 - 17 Months
Dividend Rates* 2.28% 2.28% 2.42% 2.57%
APY* 2.30% 2.30% 2.45% 2.60%
18 - 23 Months
Dividend Rates* 2.37% 2.37% 2.52% 2.67%
APY* 2.40% 2.40% 2.55% 2.70%
24 - 35 Months
Dividend Rates* 2.47% 2.47% 2.62% 2.76%
APY* 2.50% 2.50% 2.65% 2.80%
36 - 47 Months
Dividend Rates* 2.57% 2.57% 2.72% 2.86%
APY* 2.60% 2.60% 2.75% 2.90%
48 - 59 Months
Dividend Rates* 2.57% 2.57% 2.72% 2.86%
APY* 2.60% 2.60% 2.75% 2.90%
60 Months
Dividend Rates* 2.67% 2.67% 2.81% 2.96%
APY* 2.70% 2.70% 2.85% 3.00%

*The Annual Percentage Yield (APY) is a prospective rate that Global anticipates paying for the applicable dividend period. APYs are variable and may change after an account is opened. Fees and other conditions may reduce earnings.

**Dividends on Business Checking Accounts are calculated daily by multiplying the total account balance for the day (closing balance) by the applicable dividend rate for the day. Dividends are paid monthly.

For complete account disclosure information, refer to your Business Share Account Disclosure Statement or call the Member Service Center at 800-525-9094. Member accounts are federally insured up to $250,000 by the National Credit Union Share Insurance Fund.