Business Plus

Grand Valley Bank offers several different types of Business checking accounts as well as on-line banking and Bill Pay services. We can help you choose the right account to suit your needs.

Business Plus Checking

There are no monthly maintenance fees on this account when you keep a collected daily balance of $5,000.00. Interest is earned on the balance (i) in your account, compounded monthly. There is a $.20 charge for each debit(ii) posted and $.10 per charge for each deposited item. Images of your checks are returned with your statement.

Here’s How It Works:

  • Open your account with $100.00 or more.
  • Interest is credited at each month end based on your average collected balance.
  • Pay only $.20 for debit transactions and $.10 for each item deposited.
  • In months when you don’t keep and average balance of $5000.00 you pay a $10.00 maintenance fee charged at month end.

i - Interest on business accounts is calculated on the collected balance each day of the monthly statement cycle. If you close your account before the interest is credited, you will not be paid the accrued interest. Interest on all accounts is variable and may change at anytime at our discretion.

ii Debit transactions include withdrawals, checks paid, automatic transfers or payments.

Other Services You May Need with Business Checking:

  • Netteller and On-line banking
  • Business Cash & Check Cards
  • WEB ACH Processing
  • Deposit Express
  • Merchant Card processing
  • SBA and business Loans

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