Business Solutions
Business Solutions
Business Banking Your Way!
As a local community bank, we’re dedicated to supporting your business journey. Our checking account offers seamless transactions, accessibility, and customization, while our money market account provides higher interest rates, liquidity, and safety. Partner with us for banking solutions tailored to your success.
Need assistance or seeking further information? Feel free to reach out to us today at (601) 264-1467 or toll-free at (800) 300-1467. Our dedicated Customer Service Representatives are standing by to help you.
Business Checking
- No monthly service charge.
- No minimum balance.
- $100 minimum deposit.
- Unlimited deposits, including Mobile Deposits. (2)
- Online and Mobile banking (2)
- Transfer funds between accounts.
- Mastercard Debit Card with credit approval.
- Includes 150 withdrawals per month, $0.25 for each additional.
Business Money Market
- Earn a high rate of interest monthly while you still have access to your business cash! (1)
- Only $2,500 to open. (1)
- Online and Mobile banking (2).
- No transactions or additional products required to earn this great rate.
- A balance of less than $2,500 drops to the same interest rate as Simple Savings. (1)
- Ask a banker how your business can achieve additional FDIC coverage on balances in excess of $250,000 or see below for details.
To open a Business Checking or Business Money Market account visit us at 204 Westover Drive, Hattiesburg MS 39402 (across from Miskelly’s Furniture).
FDIC Insurance Protection for deposits over $250,000
With the Insured Cash Sweep®, or ICS®, service and the CDARS® service, you can enjoy the peace of mind that comes with access to multi-million-dollar FDIC insurance.
Ask about special Banking Packages for your Employees.
Download Your Grand.bank Mobile App***
Bank conveniently from wherever you are by using your Grand.bank mobile app. Download it today!
40,000 Surcharge-Free ATMS
Wherever you may roam, you can travel with ease knowing you have access to your money. Find MoneyPass ATMs near you. (3) |
1 Promotional APY applies only to Business Money Markets opened with at least 50% of the funds not previously on deposit at Grand Bank within the past 60 days. Rates are effective 5/1/24, and subject to change without notice. This promotional rate is only transferrable at the sole discretion of Grand Bank for Savings, FSB. Limited time variable Annual Percentage Yield (APY) eff. 5/1/24 for qualifying new BMM accounts opened by Mississippi-based business where 50% of opening funds were not previously on deposit at Grand Bank in past 60 days. Account min. $2,500, max. $5,000,000. APY subject to change without notice. As of 10.20.23 the top end was 5.50%. APR is 5.37%. The promotional rate indexed to the top of the Fed Funds Target Rate Range, will be applied at least until 3/31/25. However, the rate paid may no longer be indexed to the Fed Funds Target Rate Range after 3/31/25. The bank, at its sole discretion may continue to index to that rate beyond 3/31/25. APY indexed to top end of Federal Funds Target Rate Range (rises and falls). Over-limit fees can reduce earnings. No limit on number of in-person or by-mail withdrawals. Only six 3rd party withdrawals/transfers/checks in a statement cycle to avoid $10 charge per withdrawal and the risk of account closure/conversion. Debit card with credit approval. Interest earned monthly. No collateralized deposits. A balance of less than $2,500 drops to the same interest rate as the Simple Savings Account.
2 Grand Bank does not charge for our mobile app, however, your mobile carrier determines mobile access; message/data rates may apply.
3 Surcharge-free ATM availability may vary based on the availability provided by the MoneyPass Network.
Important Information About Procedures for Opening a New Account or Establishing a New Customer Relationship:
The USA PATRIOT Act is a federal law that helps the government fight the funding of terrorism and money laundering activities. Federal law requires all U.S. financial institutions to obtain, verify and record information that identifies each person who opens an account or establishes a customer relationship with Grand Bank for Savings, FSB. What this means for you: When you open a bank account, we will ask you for your name, address, date of birth, and other information that will allow us to reasonably identify you. We may also ask to see your driver’s license or other identifying documents at any time.