We're committed to helping your business grow
Greylock offers four different business checking accounts, so there’s an option that works best for your business. Do you have questions about Business Checking? Give us a call, visit, or contact us online. We’d love to hear about your business!
Minimum Balance to Earn APY | Dividend Rate | APY1 | Alert Me | |
---|---|---|---|---|
Business Checking Plus | None | Pays Earnings Credit2 | ||
Free Business Checking | None | 0.00% | 0.00% | |
Basic Business Checking | $15.00 | 0.05% | 0.05% | |
High Yield Business Checking | $0 to $49,999 | 0.40% | 0.40% | |
$50,000 to $99,000 | 0.45% | 0.45% | ||
$100,000 or more | 0.65% | 0.65% | ||
IOLTA Checking | None | 4.13% | 4.22% | |
Earnings Credit Rate | 0.000502 | |||
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*A statement and paid check images will be sent to you shortly after month’s end.
**There are no charges for deposits made at any of our locations. A statement and check images will be sent to you shortly after month's end. Earnings Credit - A market rate as determined by Greylock. This credit will be applied to transaction charges during the month and will help to reduce or offset fees. The earnings credit percentage will apply to your average balance for the month. Excess earnings credit will not be applied to the account. A reserve factor may be applied to the average balance.
***Checks will not be returned, but held by the credit union. A statement will be sent to you shortly after month's end. Night deposit disposable bags are available at $20.00 per hundred.
****Your statement will be sent to you shortly after month's end. Paid Checks are not returned to you with this account. Night deposit disposable bags are available at $20.00 per hundred.