Savings Accounts Built To
Support Your Business!
Are you looking to maximize earnings on your business savings account?
GRB offers an array of business banking accounts to meet the specific needs of your enterprise. From small businesses with basic needs to complex businesses, GRB’s range of savings account options make it easy to find one that’s just right for your business.
Savings that Makes Sense
Business savings accounts are essential for managing the finances of a business entity. A business money market account or ICS Sweep account help a business earn interest on their excess cash while maintaining liquidity and accessibility to funds.
There are a number of benefits that come standard with GRB’s Savings options, including:
$2,500 To Open
Standard on all Business Savings accounts
Interest Bearing
Keep a monthly balance of just $2,500 to earn
Free Online Banking
Manage your account anywhere you are
Paper or E-Statements
Monitor your account your way
Six Transactions
Per Month
Maximum allowed per Federal Regulation
Reduce costs and keep more of what’s yours
Business Money Market Accounts
GRB’s Business Checking Account without interest is a low-cost way to manage high volume of transactions with ease. Businesses typically use these accounts for cash management purposes, such as receiving payments, making withdrawals, and managing day-to-day expenses. With the focus on the business rather than trying to optimize interest earnings – this Business Checking account offers flexibility and simplicity.
Average Monthly Balance |
Interest Rate |
APY1
|
Minimum Balance to Maintain |
Minimum to Open |
---|---|---|---|---|
Average Monthly Balance
$2,500 – $9,999.99 |
Interest Rate
0.01% |
APY1
0.01% |
Minimum Balance to Maintain
$2,500 |
Minimum to Open
$2,500 |
Average Monthly Balance
$10,000 – $24,999.99 |
Interest Rate
0.03% |
APY1
0.03% |
Minimum Balance to Maintain
$10,000 |
Minimum to Open
$2,500 |
Average Monthly Balance
$25,000 – $49,999.99 |
Interest Rate
0.05% |
APY1
0.05% |
Minimum Balance to Maintain
$25,000 |
Minimum to Open
$2,500 |
Average Monthly Balance
$50,000 – $249,999.99 |
Interest Rate
0.10% |
APY1
0.10% |
Minimum Balance to Maintain
$50,000 |
Minimum to Open
$2,500 |
Average Monthly Balance
$250,000+ |
Interest Rate
0.15% |
APY1
0.15% |
Minimum Balance to Maintain
$250,000 |
Minimum to Open
$2,500 |
1 Annual Percentage Yield (APY) offered is accurate as of 12/20/23.
Fees could reduce earnings on the account. Rates and terms may change without notice after account opening.
Insured Cash Sweep (ICS) Accounts
Insured Cash Sweep (ICS) accounts offer liquidity and FDIC insurance for deposits in excess of the $250,000 limit by spreading the funds across multiple banks within an established network.
Cover Your Personal Banking Needs, Too!
Combine your business and personal banking assets to qualify for GRB’s exclusive Elite Banking benefits.
Contact Us
Use the dropdown below to fill out our ‘Contact Us’ form, and someone from our GRB Commercial Team will get in contact with you!