Business Banking Services

Whether you are a small “mom & pop” shop or a large regional company, we have a full suite of business banking products and services that will help you grow and prosper.

Our bank is serious about business.  It’s our business to serve yours!

Business Banking Products & Services:

business banking

My Business Checking

This account is for businesses and organizations that have a limited number of checks and deposits.

  • $100 to open an account
  • $8.89 monthly service charge is waived with $1,000 average daily balance
  • Write 40 checks/debits per monthly statement at no charge, then only 16¢ each
  • Free electronic statements
  • Paper statement available $2.25 per month

The following services are available to approved customers through Online Banking and Cash Management services including:

  • ACH Origination
  • Wire Transfers
  • Remote Deposit Capture
  • Merchant Processing
  • Free Business Debit Cards
  • Free Business Credit Cards

Commercial Checking

This account is for businesses and organizations with a higher number of transactions. An Earnings Credit may offset monthly fees associated with your banking relationship—see more details below.

  • $100.00 to open an account
  • $14.98 monthly service charge is waived with $6,000 average daily balance
    • Checks/paper debits $.16 per item
    • Foreign Transit Checks deposited $.09 per item
  • Free electronic statements
  • Paper statement available $2.25 per statement

Account will be set up for Account Analysis.

Earnings Credit may offset, but not exceed charges for:

  • Earnings Credit will be equal to rate on a 6 month Treasury Bill
  • Earnings Credit rate will be adjusted on the 1st  business day of each month
  • Negative Collected Balance Charge – GNB Base Rate plus 2% on average negative collected balance
  • In addition to the checking account charges, your earnings credit may offset, but not exceed charges for:
    • ACH origination
    • Remote Deposit Capture
    • Wire Transfers

The following services are available to approved customers through Online Banking and Cash Management services including:

  • ACH Origination of Direct Deposit or Electronic Payments to Vendors
  • Wire Transfers
  • Remote Deposit Capture
  • Merchant Processing
  • Business Debit Cards
  • Business Credit Cards

Business Interest Checking

This account is for businesses and organizations that prefer interest, but do not qualify for a NOW account.

  • $10,000 to open an account
  • $8.89 monthly service charge is waived with $10,000 average daily balance
  • Write 40 checks/debits per monthly statement at no charge, then only 16¢ each
  • Free electronic statements
  • Paper statement available $2.25 per month

Money Market Deposit (MMDA)

Our MMDA tiered interest rates allow you to improve your earnings as your balance increases.

  • $1,500 to open an account
  • $15 monthly service charge is waived with $3,500 average daily balance
  • Free personalized checks
  • Free – choice of electronic or paper statement
  • Reg D Limitations:  6 checks/debits/transfers per month allowed by law. If a customer exceeds the allowable number of transactions three times within a 12 month rolling period their account will be converted to a demand deposit (non interest bearing) account that does not have transaction restrictions.
  • Unlimited in-person or ATM withdrawals

 Additional Benefits:

  • Free Online Banking
  • Business Credit Cards
  • Free Fax service

Types of Loans:

  • Vehicle
  • Commercial Real Estate
  • Operating Lines of Credit
  • Commercial and Industry Loans
  • Agriculture
  • Operating/Production
  • Equipment
  • Livestock
  • Agriculture Real Estate

 

Online Banking:

Now you can manage all your accounts in a secure environment at your convenience!  With GNB Online Banking you are able to conduct all your bank business at your convenience, 24 hours a day, 7 days a week.  Just click on the “Online Banking” button on the GNB homepage to get started!

Cash Management Services

GNB also offers a variety of Cash Management Services, including sweep accounts wire transfers and lockboxes.  For detailed information and applicable fees on Cash Management Services, please contact your local GNB branch.  Click here for contact information for a branch near you.

Remote Deposit Capture

Deposit your checks from the safety and security of your office!  No need to take valuable time away from running to the bank to make sure your checks are deposited before the end of the business day!  GNB’s Remote Deposit Captures will save you time and money.  Contact your local GNB branch today to get set up and deposit your checks when you want!  Click here for contact information.