Your business and its needs are unique. A Teachers' Business Savings Account is designed to provide members with the basic financial services that are so important to a successful business. You'll find our accounts often come with more benefits and fewer or no fees compared to business accounts at banks.
Teachers is looking out for you. As a member-owned financial cooperative, we return earnings to members in the form of higher dividends, lower loan rates and lower fees and charges — giving your company more cash to do business.
All members must open a savings account in order to take advantage of Teachers' other products and services.
- Minimum balance: $1
- Minimum to earn interest: $50
Teachers offers financial services to all people and businesses located in Nassau and Suffolk* Counties. Teachers' commercial business savings accounts are suitable for Qualified Sole Proprietorships, Partnerships, Unincorporated Associations and Corporations. All signers on the account must qualify for membership to establish a business account with Teachers.
Your savings are federally insured up to $250,000 and backed by the full faith and credit of the National Credit Union Share Insurance Fund (NCUSIF). This depository insurance fund is the strongest of the three depository insurance funds, stronger than either the FDIC or FSLIC.
Join Teachers Today!
Open your account at any of our conveniently located branches.
* Subject to membership eligibility.