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 minimum deposit 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 after 40
  • Unlimited electronic transactions (ACH, ATM, POS)
  • 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

Ask how you can take advantage of the following services available with our deposit products.

  • Bill pay
  • Credit card
  • Debit card
  • Online banking
  • Mobile banking

Commercial Checking

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

  • $100 minimum deposit 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
  • Unlimited electronic transactions (ACH, ATM, POS)
  • Free electronic statements
  • Paper statement available $2.25 per statement

Accounts will be setup in Account Analysis to allow for Earnings Credit*.
Earning Credit may offset, but not exceed charges for:

    • ACH origination
    • Remote Deposit Capture
    • Wire Transfers

    *Earnings credit rate is set by the bank and adjusted periodically.
    *Negative collected Balance charge – GNBank Base Rate plus 2% on average negative collected balance.

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 minimum depsoit to open an account
  • $8.89 monthly service charge is waived with $10,000 average daily balance
  • Write 75 checks/debits per monthly statement at no charge, then only 16¢ each after 75
  • Unlimited electronic transactions (ACH, ATM, POS)
  • 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 of Direct Deposit or Electronic Payments to Vendors
  • Wire Transfers
  • Remote Deposit Capture
  • Merchant Processing
  • Business Debit Cards
  • Business Credit Cards

Money Market

Some customers seek an interest bearing account with few transactions. Our MMDA tiered interest allow you to improve your earnings as your balance increases. Contact one of our convenient locations to obtain information about our interest tiers.

  • $1500 minimum deposit to open an account
  • $15 monthly service charge is waived with $3500 average daily balance
  • Free personalized checks – limit one order per year
  • Free – choice of electronic or paper statement
  • Unlimited in-person or ATM withdrawals

Reg D Limitations: All Money Market accounts are limited by federal law to no more than 6 checks/debits per month. However, “in-person” withdrawals, transfers or ATM transactions are unlimited! 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.

Ask how you can take advantage of the following services available with our deposit products.

  • Debit card
  • Online banking
  • Mobile banking
  • Bill pay

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 GNBank 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 GNBbank homepage to get started!

Cash Management Services

GNBank 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 GNBank 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!  GNBank’s Remote Deposit Captures will save you time and money.  Contact your local GNBank branch today to get set up and deposit your checks when you want!  Click here for contact information.