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Business Savings

If you have been looking for a better deal on your business banking, look no further! Minnco has been serving east central Minnesota since 1935 and strongly believes in and supports our community businesses. We pride ourselves on providing fast and friendly service at competitive rates.

Business Savings

As your primary business account, your Business Savings Account provides you with an excellent base to establish your savings program and acts as a financial building block to other financial products and services that Minnco provides. All business members must maintain a $5.00 balance in savings.

Money Market

Greater Flexibility

A Money Market Savings Account offers business members greater flexibility with their savings while providing a higher dividend rate than a Regular Business Savings Account. Additional benefits include immediate cash access, no early withdrawal penalty, and (as with all of our savings vehicles) up to $250,000 of insurance through the National Credit Union Administration (NCUA).

Higher Dividend Rates

We've structured our Money Market Savings Account with five different dividend levels to provide members the ability to receive a higher dividend rate as their account balance increases.

Earn higher dividends on tiered balances:

  • $1,000 - $2,499.99
  • $2,500 - $4,999.99
  • $5,000 - $9,999.99
  • $10,000 - $24,999.99
  • $25,000 and greater

Daily Dividends

All balances earn the dividend rate within the level achieved and dividends are calculated daily and paid monthly.

Money Market Savings Account Rates

  • We love to hear what our members are saying!

    Love the friendly, knowledgeable staff that will go above and beyond if/when needed. Great service without the corporate feel of the big banks.   
    Sandy S.
  • We love to hear what our members are saying!

    We purchased the Route 66 warranty for our Chevy pick up. It  was a great decision because the transmission went out on us 6 months later. The warranty saved us $3,300. The only thing we had to pay was the sales tax of the transmission. They were so wonderful to work with and it was so easy. We strongly recommend investing in the Route 66 warranty! 

    Scott and Erin
  • We love to hear what our members are saying!

    Local, hometown, friendly bank. Due to the downturn in the economy many years ago, Minnco made it possible for us to get our life back on track financially after a job loss. We wouldn't be where we are today without their help years ago.
    Anne R.
  • We love to hear what our members are saying!

    Minnco has always been easy to work with for all of my questions and loan needs.
    Paul S.
  • We love to hear what our members are saying!

    Compared to any other bank I have been with or known people to use, Minnco is the best with service, especially when you need help.
    Katrina A.
  • We love to hear what our members are saying!

    I have been a member since 1980 - and I wouldn't go to any other bank!!!!
    Nan L.
  • We love to hear what our members are saying!

    I grew up with them as a bank and they taught me about how banking works, and were always friendly, and made me less nervous when it was time to do things myself.
    Jessica B.
  • We love to hear what our members are saying!

    I love it when I come through the drive through and they know who I am and call me by name.  This is personal service which is missed in the world today.  It makes me feel like I am valued by Minnco.  
    Emilie B.
  • We love to hear what our members are saying!

    I love Minnco because they have always been there to help me with my banking needs.  The staff are always super friendly whenever I have any questions.
    Cheryl W.
  • We love to hear what our members are saying!

    I love Minnco because they know who I am, even through the car window!
    Melanie G.
  • We love to hear what our members are saying!

    Minnco is a great place to do business and belong to as a member!
    Kat E.
  • We love to hear what our members are saying!

    I love Minnco because everyone is friendly and efficient. You can build a relationship with the staff at Minnco and be welcomed with a friendly face. 
    Laura D.
  • We love to hear what our members are saying!

    I love Minnco because of the fast service and friendly faces.
    Miah G.
  • We love to hear what our members are saying!

    It's not a national level chain of branch offices... it's local banking for local people.
    Paul A.
  • We love to hear what our members are saying!

    Fantastic service & very competitive rates. They are always willing to go above and beyond for members.
    Samantha S.
  • We love to hear what our members are saying!

    I love the people, I love the ease ability of banking, and there is never any hassle when it comes to working with Minnco.
    Jeff W.
  • We love to hear what our members are saying!

    Always there right away when I need them!
    Suzannah M.
  • We love to hear what our members are saying!

    I enjoy being able to call in when I need something and talk to someone local unlike the big banks. Your customer service is great and that goes a long way!
    Andrew J.
  • We love to hear what our members are saying!

    I love Minnco because they always make everything so easy. I have had several loans and the process is quick and easy.
    Cynthia
  • We love to hear what our members are saying!

    For the first time ever, my card was compromised. Soon as I noticed it, I contacted Minnco. They were fast and efficient on taking care of my issue. They immediately put my concerns at ease. My account is back in order and a heavy weight was lifted off my shoulders. I am so grateful to know that my finances are in safe hands!
    Tara C

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