Business Special Purpose Savings Accounts
Whether you’re saving for new office space, equipment, or to build a financial cushion to hedge against seasonal shortfalls, this special-purpose account can help you get there faster—with a competitive interest rate and automatic transfers.
Featured Account
Special Purpose Savings Account
We created our new Business Special Purpose Savings Goal account to help you build your savings faster. Get ready to save for that new office space, equipment purchase, or anything else you've been wanting to do.
Benefits
Earn interest
Get a competitive interest rate on balances of $100 or more and earn money just for saving it.
Automatic savings
Save time and automate your savings with recurring transfers.
No monthly fees
Keep your hard-earned cash and save more of it with no monthly maintenance fees.
Track progress
Stay motivated to reach goals by tracking your progress in our free Mobile Banking app.
Commercial Services Team
Our team of dedicated professionals has decades of experience helping local businesses throughout Northeast Florida succeed. Whether you need help moving into a larger space, upgrading your facilities, managing your cash flow, or switching to a better checking account, we’re here for you every step of the way.
Contact our team
Contact our team
Bonita Jones
Commercial Services Specialist
Jonesb@c1cufl.org
Jonesb@c1cufl.org
Mannye Franklin
Commercial Services Specialist
FrankliM@c1cufl.org
FrankliM@c1cufl.org
Michele Godfrey-Watson
VP Commercial Services & Treasury Services
GodfreM@c1cufl.org
GodfreM@c1cufl.org
Lisa Ashworth
Commercial Services Relationship Manager
LisaA@c1cufl.org
LisaA@c1cufl.org
Courtney Porter
Commercial Services Relationship Manager
porterc@c1cufl.org
porterc@c1cufl.org
Robert Morency
Treasury Services Relationship Manager
morencyr@c1cufl.org
morencyr@c1cufl.org
What our Business members say
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Resources
Ready to get started? Take a look at our Business Account opening requirements so you can prepare your documents ahead of time.
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The top three things to look for when choosing where to do your Business Banking.
Learn about the components of a business plan and how to create one that communicates your business’ financial future and health.
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Learn more about the basics of entrepreneurship
Looking for something different? Explore our other Business Account options.
Commercial Real Estate Loans
Available for both investment and owner-occupied properties as well as new construction, our Commercial Real Estate Loans offer generous loan-to-value (LTV) ratios, low rates and fast, local decision making from a team of experienced professionals who are ready to move when you are.
Business Money Market Account
Our business money market can be a great way to broaden your portfolio with a secure vehicle that offers a competitive, tiered interest rate along with security, flexibility, Fand accessibility.
Business Checking
Our Business Checking accounts are designed to make managing your business’ daily finances easier and your life better.
Business Loans
Whether you’re looking to expand, renovate, add equipment or purchase or refinance a commercial property, our local team is there with fast answers and affordable rates, getting you the loan you need when you need it.
FAQs
Is my business eligible for membership at Community First Credit Union?
The business headquarters, corporate office or any physical location must be located within our field of membership OR any Responsible Individual must live, work, or attend school in one of the following counties: Baker, Brevard, Broward, Clay, Duval, Flagler, Indian River, Lake, Martin, Nassau, Orange, Palm Beach, Putnam, Seminole, St. Johns, St. Lucie, or Volusia OR any Responsible Individual must be a relative of an existing or eligible Community First Credit Union of Florida member.
Want to know more? Take a look at our Business Account opening requirements or simply contact us.
Want to know more? Take a look at our Business Account opening requirements or simply contact us.
How do I open a business Special Purpose Savings Account?
You can open a savings account in a branch, or over the phone when you call 904.371.8185
What do I need to open a Business Special Purpose Savings Account?
To open a Business Savings Account, all responsible individuals and any authorized signers must have a valid:
- Social security number
- Valid, United States Government Photo Identification
- A minimum deposit of $25
How do I set up a recurring transfer?
You can set up a recurring automatic transfer in Business Online or Mobile Banking services. Recurring transfers can be initiated between your Community First Credit Union accounts. Learn More