GSB’s line of Business Relationship Accounts offers businesses the option to select the type of account that best suits your needs. Whether you’re a start-up business or are well established, our business relationship checking accounts will work for you.
GSB business accounts deliver the variety you need to meet the collection, disbursement and transactional requirements of your business. GSB Money Market, Savings Accounts and Certificates of Deposit offer competitive rates and can be structured towards short term liquidity or long term yield.
|
Business Relationship 10 |
Business Relationship 150 |
Business Relationship 300 |
Business Relationship Analyzed
|
Business Relationship Money Market
|
|
|
|
|
|
|
Balance Requirements |
No Monthly Maintenance Fee |
$1,500 Monthly Average Collected Balance |
$3,000 Monthly Average Collected Balance |
No Monthly Minimum - Earnings Credit Applied to Collected Balance
|
$2,500 Monthly Average Collected Balance
|
Transaction Limitations |
10 Debits per Month* |
150 Transactions per month* Transactions include - checks written, deposits, deposited items, ACH debit and credits |
300 Transactions per month* Transactions include - checks written, deposits, deposited items, ACH debit and credits
|
Unlimited Transactions – Fee based transactions
|
Six withdrawals per month of which, three by check
75 items deposited per month
|
Service Charge – Minimums Not Met
|
Flat Monthly Service Fee plus additional cost per debit cleared |
Flat Monthly Service Fee plus additional cost per item |
Flat Monthly Service Fee plus additional cost per item |
NA
|
Flat Monthly Service Fee plus additional cost per item deposited |
On-line Cash Management
|
Base Package Included |
Base Package Included |
Base Package Included |
Fee applied per month for Base Package |
Base Package Included |
Interest
Available
|
Available for Nonprofits, Government Entities and Sole Proprietorships
|
Available for Nonprofits, Government Entities and Sole Proprietorships
|
Available for Nonprofits, Government Entities and Sole Proprietorships
|
Available for Nonprofits, Government Entities and Sole Proprietorships
|
Interest Rate Tiered based on collected balances maintained
|
Additional Services/Products**
|
Service Charged to the Account |
Service Charged to the Account
|
Service Charged to the Account
|
Analyzed Through the Account
|
Service Charged to the Account
|
Additional Service/Products could include but not limited to: Overdraft Fees, Return Item Fees, Uncollected Funds Charge, Wires, Stop Payments, Treasury Management Services