Last Updated: 04/18/2025
Sharonview Regular Business Savings Account
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Last Updated: 04/18/2025
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Highlights
APY (Annual Percentage Yield)
0.10%(Verified 06/21/2024)
Minimum Opening Deposit
Starting at $5
Minimum Balance to Earn APY
$5
Sharonview Regular Business Savings Account Review
Sharonview Regular Business Savings Account is offered by Sharonview Federal Credit Union, a credit union founded in 1955 and based in Indian Land, SC. Sharonview Regular Business Savings Account are available in 50 states and Washington, DC.
Key Takeaways
- Low interest rate. The maximum annual percentage yield for this account is only 0.10%.
- No monthly maintenance fees. This account does not charge any monthly account fees.
- Small minimum initial deposit. You only need $5 to open an account.
- No ATM fees. Sharonview Regular Business Savings Account does not charge fees on ATM transactions .
Sharonview Regular Business Savings Account Pros & Cons
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Sharonview Regular Business Savings Account FAQ
Are business savings accounts from sharonview federally insured?
Yes, your business savings accounts are insured up to $250,000 per share owner for each account ownership category. The National Credit Union Administration (NCUA), a federal agency, administers the insurance fund and regulates federally insured credit unions. The fund is backed by the full faith and credit of the U.S. Government.
Does Sharonview Federal Credit Union offer a signup bonus?
Sharonview Regular Business Savings Account doesn't offer a signup bonus.
What is the minimum initial deposit for Sharonview Regular Business Savings Account?
The minimum deposit to open a Sharonview Regular Business Savings Account is $5.| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Balance to Earn APY | $5 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Opening Deposit | Starting at $5 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What APY does Sharonview Regular Business Savings Account offer?
Sharonview Regular Business Savings Account offers an APY of 0.10% (APY stands for annual percentage yield, rates may change).
The interest rate on a savings account or checking account can change based, in part, on what the Federal Reserve does. Note that the APY of a savings account is the amount of interest you will earn if you keep your money in the account for a full year expressed as a percentage. The difference between an APY and an interest rate is that the APY takes into account how often your money earns interest (or compounds). The more often your money compounds, the more it will earn. Business savings accounts with an interest rate that compounds daily, for example, will earn a higher return (and therefore a higher APY) than savings accounts that compound annually. What fees does Sharonview Regular Business Savings Account charge?
Sharonview Regular Business Savings Account does not charge a monthly service fee. See the fee breakdown section below to view all fees.
What features and perks does Sharonview Regular Business Savings Account offer?
This savings account includes the following features:
- Free Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
- Mobile Banking Services - Sharonview Regular Business Savings Account allows you to manage your money online or with a mobile app.
- Nationwide ATM network - Conveniently transact at a nearby ATM.
Can you set up a direct deposit to Sharonview Regular Business Savings Account?
Yes, you can typically set up a direct deposit to this account. However, it depends on the direct deposit program your employer uses. Most direct deposit programs allow you to send your paycheck to a savings or checking account. In some cases, you can even split your paycheck between the two.
What is the customer support email for Sharonview Regular Business Savings Account?
The customer support email for Sharonview Regular Business Savings Account is social@sharonview.org.
Is Sharonview Regular Business Savings Account legit?
Sharonview Federal Credit Union was founded in 1955; it is a well-established company that has been in business for 71 years.
Unfortunately, we don't have sufficient community reviews to provide a reliable rating of their user experience and customer service.
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Hours of Operation
Sunday
Closed
Monday
8:00AM - 5:00PM
Tuesday
8:00AM - 5:00PM
Wednesday
8:00AM - 5:00PM
Thursday
8:00AM - 5:00PM
Friday
8:00AM - 5:00PM
Saturday
Closed