Business Checking Services
Our Bank is Serious About Business. It's Our Business To Serve Yours.
Relationships are essential to the success of any business. We know our customers and listen to their needs. Whether you are a small business or a large regional company, we have a full suite of business banking products and services to help you grow and prosper.
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
- $10 monthly service charge is waived with a $1,000 minimum daily balance
- Write 40 checks/debits per monthly statement at no charge, then only $0.16/per item
- Free electronic statements
- Paper statement available $2.25 per statement
Commercial Checking
This account is for established businesses with a higher number of transactions. They enjoy the ability of an Earnings Credit to offset fees associated with their daily business routine. Having a bank that knows them and their business needs is important to commercial checking customers.
- $100 minimum deposit to open an account
- $14.98 monthly service charge
- Checks/paper debits $0.16 per item
- Checks deposited $0.09 per Item
- Unlimited ACH and POS Transactions
- Paper Statement Available: $2.25 per statement
Accounts will be set up in Account Analysis to allow for Earnings Credit*.
- Earning Credit may offset, but not exceed, charges for:
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- 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.
Business Interest Checking
This account is for businesses and organizations that prefer interest but do not qualify for a NOW account.
- $10,000 minimum deposit to open an account
- $8.98 monthly service charge is waived with a $10,000 average daily balance
- Write 75 checks/debits per monthly statement at no charge, then only $0.16/per item
- Free electronic statements
- Paper statement available $2.25 per statement
Business Money Market
Our Money Market has three interest tiers that improve your earnings as your balance increases. The interest rate is paid on the portion of the balance within each tier.
Tiers
- Tier 1: Below $50,000
- Tier 2: Equal to or greater than $50,000 but less than $100,000
- Tier 3: Equal to or greater than $100,000
- $1,500 minimum deposit to open an account
- $15 monthly service charge is waived with a $2,500 minimum daily balance
- Free personalized Money Market specialty checks – limit one (1) order per year
- Free electronic or paper statement
- Six checks/debit transactions per month. $10 per month fee if transactions exceed six
- Withdrawals in person, by mail, or at the GNBank ATM are unlimited