Information and Alerts

Business Savings

Earn interest without the fees

Secure your business funds

From starting up a brick & mortar shop to working a side hustle, it makes sense to separate your finances. That’s why Deseret First is proud to offer business accounts.

  • free to open
  • no monthly fees
  • federally insured by the NCUA up to $250,000
Business Savings Rates
Account TypeRateAPY
Membership Savings0.05%0.05%
Special Savings0.05%0.05%
Money Market Rates
Savings BalanceRateAPYLoyalty RateLoyalty APY

Rates quoted as annual percentage yield (APY). The APY applies to balances beginning at $0.01. Fees could reduce earnings. Rates subject to change after account opening. Additional products and rates are listed here.

businessman checking his mobile banking, business partners out of focus in the background

Easy, Accessible Banking

We understand running a business takes a lot of work. When you’re taking care of your own company, you don’t always have time to leave when “bank hours” match your own. At Deseret First, we give you the choice to access your funds when, where, and how you want through branches across Utah, and through online and mobile banking.

If you travel often, live, or work outside Utah, we’ve got you covered there too. The CO-OP network gives you free access to any of our 5,000 shared branches nationwide.

Further, our call center includes extended business hours for your convenience. Reach a call center representative at 801-456-7000 or 800-326-3328. Available weekdays: 8am–7pm.

Quickbooks and DFCU

All Deseret First accounts are compatible with Quickbooks. We’ve optimized our online banking, so you can easily sync your account information. And our online banking is free to use for every member.

About Online Banking
bakery business partners looking at a tablet together

Account Requirements

cafe owners with a chalkboard menu in the background

Business owners must:

  • meet eligibility requirements
  • keep a minimum balance of $5.00
  • verify your state business registration
  • provide verified photo ID

For questions or to open an account, contact Deseret First Business Services. Get in touch by phone at: 801-456-7504 or 800-326-3328 ext: 7504. Available weekdays: 9:00am–5:00pm. Further, you may also request to meet in-person at any of our branches or your own business location.

Grow your business faster with Deseret First

As the Business Services team, our goal is to make the financial side of your business as easy as possible. Thus allowing you to focus on your own customers’ needs.