GreenState Credit Union does not charge for the mobile app or text alerts, however your cell phone carrier may charge for text and data usage.
Business Basic Checking: $50 minimum to open. No minimum balance. Monthly Fees: $0.25 per item after 100 combined items. An item includes any deposit, withdrawal, or transfer transaction. Dormant checking accounts will be charged a dormant checking fee of $7 per month. Checking accounts are considered dormant after six consecutive months with no member-initiated transfers or transactions.
Business Premier Checking: $50 minimum to open. Monthly Fees: $1000 minimum average daily balance to avoid a $7.50 Maintenance Fee. $0.25 per item after 250 combined items. An item includes any deposit, withdrawal, or transfer transaction. Dormant checking accounts will be charged a dormant checking fee of $7 per month. Checking accounts are considered dormant after six consecutive months with no member-initiated transfers or transactions.
Business Premier Plus Checking: $50 minimum to open. APY is Annual Percentage Yield. APY is accurate as of the last dividend declaration date. Fees may reduce earnings on the account. Rate is subject to change after the account is opened. Enhanced Dividend Rate is paid out based on your monthly credit card spend connected with your account. To earn the enhanced rate, you must meet the spend criteria and is not on top of the base dividend rate. Credit card charges must post to the card between the first day of the month and the second to last day of the month. Transactions posted on the last day of the month will be applied to the next month's totals. If qualifiers are not met, 0.10% APY will be paid on all balances. May choose between e-Statements (free) or paper statements ($3.50 per month). Must maintain the required minimum balance in your checking account ($2,000). Dormant checking accounts will be charged a dormant checking fee of $7 per month. Checking accounts are considered dormant after six consecutive months with no member-initiated transfers or transactions.
Indexed Business Checking: APY is Annual Percentage Yield. APY is accurate as of the last dividend declaration date. Fees may reduce earnings on the account. Rate is subject to change after the account is opened. Minimum deposit of $10,000 is required. $10,000 minimum average daily balance to avoid a $10.00 monthly service fee. $0.25 per item after 350 combined items. Treasury Management product only. Yields are tied to the previous months average “Fed funds effective rate” as published on the Federal Reserve website: https://www.federalreserve.gov/releases/h15/ “Bps” is “basis point”. 100 basis points is equal to 1%. Dormant checking accounts will be charged a dormant checking fee of $7 per month. Checking accounts are considered dormant after six consecutive months with no member-initiated transfers or transactions.
Commercial Analysis: No minimum balance. Fees dependent on services used. Dormant checking accounts will be charged a dormant checking fee of $7 per month. Checking accounts are considered dormant after six consecutive months with no member-initiated transfers or transactions.
Business Savings Account: Variable rate subject to change after account opening. APY listed above is accurate as of the last dividend declaration date. Fees could reduce earnings on the account. Share Savings and Business Savings: $1.00 per debit after three (3) per month. Dividends compounded monthly / variable rate may change monthly. $5 minimum balance required to maintain membership.
The Trade Name Form is only necessary if the member’s last name is not included in the business name.
If you do not have an Operating Agreement and are a single owner LLC, GreenState Credit Union will accept a “Statement in Lieu of Operating Agreement”.