Business Deposit Accounts

Business Checking Account

Because you're focused on running your business, we can make it easier with our business checking accounts. To learn more about each account please refer to the table below.

View Business Deposit Rates

Account	Minimum Opening Balance	Average Daily Balance Needed to Earn Interest	Monthly Account Maintenance Fee	Activity Charge	Monthly Interest Paid	Special Features
GECU Fifty Free Business Checking* A non-interest bearing account with no minimum balance to open.	$0	N/A	N/A	An activity charge of 30¢ will be assessed on each transaction** in excess of 50 in each statement cycle. A $20 account closing fee will be assessed if the account is closed within 180 days of opening.	N/A	Receive GECU Debit Card
GECU Business Advantage A non-interest bearing account with no minimum balance to open.	$0	N/A	$10	A $10 account maintenance fee will be assessed if the average daily balance falls below $1,000 during each statement cycle. An activity charge of 25¢ will be assessed on each transaction** after the first 100 debit, credit, and/or deposited items. A $20 account closing fee will be assessed if the account is closed within 180 days of opening.	N/A	Receive GECU Debit Card
GECU Interest Plus An interest-bearing account with no minimum balance to open.	$0	$5,000	$15	An average daily balance of $5,000 is required to earn interest and to avoid a $15 monthly account maintenance fee during each statement cycle. An activity charge of 25¢ will be assessed on each transaction** after the first 200 debit, credit, and/or deposited items. A $20 account closing fee will be assessed if the account is closed within 180 days of opening.	0.10% Paid on an Average Daily (ADB) Balance over $5,000	Receive GECU Debit Card

Business Checking Account Changes Effective May 1, 2013.

*Activity Charge (per statement cycle)

**All deposits/withdrawals such as checks, GECU Debit Card, ACH debits/credits, Automatic Transfer transactions

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View Business Deposit Rates

Business Savings Account

This represents your share in GECU and allows you to take advantage of our business services and loans. GECU makes it easy to join ...

• Open and maintain a business savings account in the name of your company.
• It takes only $20 to open and maintain your account.
• Use as a starter account to let your money grow.

Business Money Market Account

GECU’s Business Money Market Account is the best of both worlds when it comes to saving for your company’s future.

• Flexible, short-term investment account.
• Offers more access to your money with a higher return on your savings.
• Competitive rates.

Business Certificates of Deposit (CDs)

Certificates of deposit** are ideal for putting your money to work for your company with a higher rate of return. We offer a variety of terms from 3 months to 60 months with minimum investments of $50, $1,000 and $2,500 based on your savings goal and comfort level.

• Save and earn more by locking into our higher interest rates.
• The longer the term on your CD, the higher the rates.

View Business Deposit Rates

To learn more about our Money Market and Certificates of Deposit please refer to this chart.

Certificates of Deposit	Minimum Balance Required	Term	Interest Payment Method	Renewal Process***
Short-term CDs	$2,500	3 months to 6 months	Interest is paid on maturity by one of these methods. compounded deposited into another GECU account; or mailed to you in a check.	Two weeks before your CD matures, written notification is mailed. Your CD will be automatically renewed at the prevailing rate at the time of maturity unless you notify us otherwise prior to maturity.
Long-term CDs	$1,000	12 months to 60 months	Interest is paid monthly or annually by your choice of one of the following methods: compounded deposited into another GECU account; or mailed to you in a check.	Two weeks before your CD matures, written notification is mailed. Your CD will be automatically renewed at the prevailing rate at the time of maturity unless you notify us otherwise prior to maturity.

Money Market Account	Minimum Balance Required	Monthly Service Charge	Earned Interest	Other Features
Money Market Account	$2,500	No monthly service charge if average daily balance stays at $2,500 or over. If balance falls below $2,500, there is a $10 fee.	Earns interest on average daily balance of $2,500 or more.	Allow six withdrawals monthly by check, draft, e-debit or internal funds transfer (IFT). Unlimited Over the Counter no fee withdrawals. Complimentary 40 standard duplicate checks.

** Early Withdrawal Penalty - Accounts will be cancelled if the balance drops below the minimum amount required for the term of the account and an early withdrawal penalty may apply. Early withdrawal penalty for account terms of 12 months or less is 90 days of interest (whether earned or not); 180 days interest (whether earned or not) for accounts with terms longer than 12 months.
***All terms and conditions are subject to change. Notice will be provided as required by law. Members receive renewal notification no less than 20 days prior to maturity.