To get started in any of the business services listed below, please contact us at 616.929.1600 and let us know how we can help.
Free Business Checking: Designed for businesses with low transaction volumes and modest balances. This basic checking account includes 150 free transaction items per month, free online banking and free online bill payment,(up to 10 per month).
Small Business Checking: Designed for businesses with limited transaction volumes and moderate balances. Includes 300 free transaction items per month, free online banking and free online bill payment, (up to 20 per month).
Regular Business Checking: Designed for businesses with medium transaction volumes and balances. Includes 500 free transaction items per month, free online banking and free online bill payment, (up to 20 per month).
Analysis Checking: Designed for businesses with high transaction volumes and higher balances. Service charges and transaction fees can be offset with an earnings credit based upon the average collected balances maintained in the account. Any excess earnings credit is carried over each month.
Business NOW Checking: An interest bearing account designed for sole proprietors. Includes 300 free transaction items per month, free online banking and free online bill payment, (up to 20 per month).
Community NOW Checking: Designed exclusively for the non-profits and municipalities in West Michigan, this interest bearing account pays competitive rates on tiered balances. Includes 500 free transaction items per month, free online banking and free online bill payment, (up to 20 per month).
Business Money Market Savings: Designed to improve the earning power of excess funds by paying a competitive interest rate on all balances, with a daily average minimum balance requirement of $10,000. Includes check writing privileges, unlimited deposits and other credits and in person withdrawals. Preauthorized debits are limited by Federal regulation to six (6) per month.
Business Statement Savings: Designed as a traditional interest bearing savings account requiring a low minimum balance of $1,000. Preauthorized debits are limited by Federal regulation to six (6) per month.
Business Sweep Savings : Designed to maximize earnings on excess funds, this account pays competitive interest rates on tiered balances, with a moderate balance requirement. Includes unlimited deposits and other credits and in person withdrawals. Automatic sweeps and other preauthorized debits are limited by Federal regulation to a total of six (6) per month.
CD’s: Designed to improve earning power of excess funds. These CD’s pay competitive tiered interest rates based on the term and the amount of the CD purchased. Term availability vary from 3 – 60 months.
Click here for more information regarding your rights and responsibilities regarding any errors on your Deposit Statement.
Click here for more information regarding your rights and responsibilities regarding any errors on your Loan Statement.
Benefits of ACH
• Browser based ACH transfer processing
• Streamlined, flexible and automated processing of originating transactions.
• Decreased processing costs by using electronic processing system
• Better payment predictability and improve cash control
• Direct deposit of payroll
• Decreased time devoted to processing and managing invoices
• Quicker collections and improved cash flow
Benefits of RDC
• Make check deposits anytime
• Save time preparing deposits
• Consolidate funds from remote locations to one bank
• Fewer trips to the bank
• Reduce risk of check fraud
• Improved safety and security
Courier Service offers a safe, convenient and affordable alternative to making trips to the Bank. There’s no long-term commitment, so you can try it risk-free.
1. Download the mobile app from the App Store
2. Enter the app code “GRB Business”
3. Enter your Business Online Banking user name and password
4. Accept the Terms and Conditions
5. Go mobile!
●Deposit checks directly into your business account using your Android or IPhone.
●Endorse the back of your check.
●Take photos of the front and back of your check and submit.
●Write “Mobile Deposit” on the front of the check to reduce risk of accidentally re-depositing.
●Shred your check 7 days after the deposit is accepted.
●Deposit Limit will be assigned by the bank.
We can help you get in contact with the right people or call Payvana directly at 1.888.924.4248 extension 6.
A Grand River Bank VISA® ATM/Debit card offers convenient ,free of charge access to your funds anytime and virtually anywhere. The card can be used to make purchases from a business checking account at any VISA® merchant worldwide and can be used to make cash withdrawals at any ATM machine on the Pulse®, VISA Plus®, and Accel Exchange® networks.
If your card is lost or stolen, call us immediately at 616.929.1600 during our regular business hours. Outside of business hours call: 1.800.554.8969.
Grand River Bank offers a variety of Business Cards to fit your needs. A Grand River Bank Visa Card is provided to qualified business owners.
Click the link to learn more about Grand River Bank Visa® Credit Card or to submit an application.
Access account information on your current Grand River Bank Visa® Card.
If your card is lost or stolen, call Cardmember Services at: 1.866.234.4691. Outside the US call collect: 701.461.1772 .