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Businesses usually have higher banking demands than personal bank customers. We want you focused on your business, not your banking. That’s why we can customize your business banking accounts to best fit your needs. Call our business specialists and they will be happy to review our standard business accounts or develop a banking program that fits your business like a glove.
Click here to fill out and submit an account interest form to The Guernsey Bank. We’ll call you back within 24 hours to discuss your options.
Deposit
Account Disclosure Information. Previous disclosures can be
requested by contacting us.
- Low fees make this an economical choice for most businesses.
- No minimum balance requirement.
- No per check charges.
- Checks returned with the monthly statement.
- This is a non-interest bearing account.
- $7.50/month maintenance fee.
- $5.00 fee for any dishonored cashed item.
Deposit
Account Disclosure Information. Previous disclosures can be
requested by contacting us.
- $7.50/month maintenance fee
- No per check charges.
- Checks returned with the monthly statement.
This account earns interest:
- You will earn interest on a balance greater than $500.00. See the Current Rates/Specials page for our most current rates.
- You must maintain a minimum balance of $500.00 each day to obtain the disclosed APY.
- Interest will be compounded and credited to your account on the last day of each month.
- Interest begins to accrue on the business day you deposit non-cash items (i.e. checks).
- Your interest rate and annual percentage yield are determined by the Bank at our discretion and may change at any time.
No minimum balance requirement. There are no per check charges,
no monthly fees and checks are returned with your monthly statement.
Interest is earned on balances over $500.00. Deposit
Account Disclosure Information. Previous disclosures can be
requested by contacting us.
The most traditional savings plan! Maintain a minimum balance of
$100 and you avoid any fees. Interest is earned on balances of $100
or more and is compounded and credited quarterly. Deposit
Account Disclosure Information. Previous disclosures can be
requested by contacting us.
- Minimum deposit to open this account is $100.00.
- It’s easy to get this account with no monthly fees! Simply maintain a daily minimum balance of $100.
- Quarterly minimum balance fee is $3.00.
- Interest will be compounded quarterly and credited to your account on the last day of each calendar quarter: March, June, September, December.
- You will earn interest on a balance greater than $100.00.
- Interest begins to accrue on the business day you deposit non-cash items (i.e. checks).
- You must maintain a minimum balance of $100.00 each day to obtain the disclosed annual percentage yield.
With Direct Plu$ you have no passbook to worry about. Instead, you
will receive a monthly statement. Maintain a minimum balance of
$100 and you avoid any fees. Interest is earned on balances of $100
or more and is compounded and credited monthly. You will enjoy unlimited
access to your account for deposits and withdrawals. An ATM Card
is available upon request and will provide you 24-hour access to
your Direct Plu$ Account via the ATM. Deposit
Account Disclosure Information. Previous disclosures can be
requested by contacting us.
- Minimum deposit to open this account is $100.00.
- It’s easy to get this account with no monthly fees! Simply maintain a daily minimum balance of $100.00.
- Monthly minimum balance fee is $2.00.
- Interest will be compounded monthly and credited to your account on the last day of each month.
- You will earn interest on a balance greater than $100.00.
- You must maintain a minimum balance of $100.00 each day to obtain the disclosed annual percentage yield.
- Interest begins to accrue on the business day you deposit non-cash items (i.e. checks).
A great way to combine the power of a savings account with some
of the access features of a checking account. Tiered interest rates
mean the higher the balance, the higher the interest rate. Deposit
Account Disclosure Information. Previous disclosures can be
requested by contacting us.
- Minimum deposit to open this account is $1,000.00.
- It’s easy to get this account for with no monthly fees! Maintain a minimum daily balance of $1,000.00.
- Monthly minimum balance fee is $5.00.
- You may make six (6) withdrawals from your account each month, but only three (3) may be payments to third parties by check, draft or similar instrument. Your account will be assessed a fee of $5.00 for each withdrawal that exceeds the limit of six (6).
- The minimum amount you may write a check for is $250.00.
- Interest will be compounded and credited to your account on the last day of each month.
- Interest begins to accrue on the business day you deposit non-cash items (i.e. checks).
Similar to our Money Market, this account begins with higher minimum
balances and pays higher rates. Deposit
Account Disclosure Information. Previous disclosures can be
requested by contacting us.
- Minimum deposit to open this account is $10,000.00.
- It’s easy to get this account with no monthly fees! Maintain a minimum daily balance of $10,000.00.
- Monthly minimum balance fee is $5.00.
- You may make six (6) withdrawals from your account each month, but only three (3) may be payments to third parties by check, draft or similar instrument. Your account will be assessed a fee of $5.00 for each withdrawal that exceeds the limit of six (6).
- The minimum amount you may write a check for is $250.00.
- Interest will be compounded and credited to your account on the last day of each month.
- Interest begins to accrue on the business day you deposit non-cash items (i.e. checks).
We have terms to meet your needs – anywhere from 91 days to 5 years. We offer competitive interest rates that are compounded and credited to the CD quarterly. For your convenience, interest earnings may be automatically deposited into another Guernsey Bank account. Monthly interest checks are available on balances of $4,000.00 or more. There is no monthly fee for certain Guernsey Bank checking accounts with qualifying CD balances. Penalty for early withdrawal.
- The minimum balance to open a standard Certificate of Deposit is $500.00, although there may be CD specials that have higher minimum balance requirements.
- Your account will mature on the date disclosed on the certificate provided you.
The account will automatically renew at maturity.
- You will have seven (7) calendar days after maturity to withdraw funds without penalty.
- We use the average daily balance method to calculate the interest in your account. This method applies a periodic rate to the principal in the account each day.
- Interest will be credited to your account according to the terms and dates stated on your Certificate of Deposit.
IRAs are a great way to prepare for your retirement. For the small business owner (100 employees or less), we provide SIMPLE and SEP IRAs which allow you to offer affordable retirement plan options to your employees. All IRAs invested via Certificate of Deposit. Call us to today to determine which IRA best fits your needs.
Sign up for this convenient service which electronically links your Passbook Savings Account with your checking account. If funds are not available for withdrawal in your checking account, funds will automatically transfer from savings to checking and cover the outstanding check. There is a small $3.00 fee per transfer.
Automatically pay monthly bills such as car and mortgage payments. Have funds withdrawn from your checking account to make your loan payments. It is so easy!
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