Maryland Heights

1805 Craigshire Road
Maryland Heights, MO 63146


16500 Manchester Road
Wildwood, MO 63040

Manchester (Lafayette Center)

407 Lafayette Center Road
Manchester, MO 63011

South County (Tesson Ferry)

12400 Tesson Ferry Road
St. Louis, MO 63128

CU Service Centers No-Fee ATMs

Business Deposit Rates

Dividend Rates Effective January 1, 2019

Account Type Rate Annual Percentage Yield (APY)

Business Savings

$0.01 to $4,999.99

$5,000 - over







Money Markets

Refer to Deposit Rates  


Refer to Deposit Rates


Deposit Insurance

Business and Municipal Deposit Accounts at Electro Savings are insured through a combination of federal insurance provided by the National Credit Union Administration (NCUA) and private insurance from Excess Share Insurance Corporation (ESI). Learn more about this exceptional level of coverage.

Rate Information

The Dividend Rate and Annual Percentage Yield (APY) for these types of accounts are reflected on the Deposit Rates Chart above. Rates are approved by the credit union board of directors and may change at our discretion and without notice.

Annual Percentage Yield (APY): The APY is based on reinvestment of dividends back to principal of the account.

Balance Computation Method: Dividends are calculated by the average daily balance method, which applies a periodic rate to the average daily balance in the account for that period. The average daily balance is calculated by adding the balance in the account for each day of the period and dividing the figure by the number of days in the period. The period used is the calendar month.

Nature of Dividends: Dividends are paid from current income and available earnings after required transfers to reserves at the end of the dividend period. The Dividend Rate and APY are the prospective rates and yields that Electro Savings Credit Union anticipates paying for the applicable dividend period.

Compounding and Crediting: Dividends will be compounded and credited monthly.

Account Closure: If the account is closed prior to accrued dividends being credited for the month, you will forfeit those dividends.

Accrual of Dividends: Dividends will begin to accrue on both cash and non-cash deposits (e.g. checks) the day of your deposit.