Business Money Market

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.

Money Market Business

This account offers a better interest rate than other checking accounts while still giving you the ability to access your balance easily.

Here's How It Works:

  • Open your account with $100.00 or more.
  • Make six transfers or withdrawals per month.(i)
  • Pay no monthly maintenance fee when you keep an average balance of $3,500.00 during the month. Pay only $10.00 if your balance is less.
  • Earn interest on the current daily balance in your account.(ii)
  • The account is charged $.10 for each deposited item.
  • Receive quarterly statements on this account or monthly statements when there is EFT activity.

i - Transfers from this account are limited to six per month, no more than three of which can be withdrawals made in person, or payments to third parties (including ACH). An excess activity fee of $10.00 is charged for each additional debit.

ii - Interest is calculated daily on the current balance and paid monthly. If you close your account before month end you will not be paid the accrued interest on your account. The rate on this account is variable and can change anytime at our discretion.

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