BUSINESS BANKING SOLUTIONS
Grand Bank specializes in business banking. With unique products like Business Online Banking, Deposit Pickup Service and Remote Check Deposit, you can truly become your own banker. When you add quick on-site loan decisions and the friendliest, most experienced banking staff you’ve ever seen… Grand Bank is Northeast Oklahoma’s best bank for businesses!
Please click the links below for more information on our business banking products. Let us prove why we're More than a bank!
Business Banking Products
Deposit Products
Save Time & Money
Access Your Money
Other Services
Protect Your Money
Grand Bank Accounts*** |
|
|
|
|
| Minimum Balance to Open |
$100 |
$100 |
$100 |
$100 |
| Interest/Earnings Credit paid on Collected Balances |
None |
Earnings credit paid on average collected balance and is based on 91-day T-bill rate |
Variable-Rate Tiers:
$.01 - $9,999.99
$10,000 - $24,999.99
$25,000 - $49,999.99
$50,000+ |
Compounded and Paid Quarterly |
| Monthly Transaction Fees |
300 Free transactions and items
$.25 each over 300 |
$5.00 per month
$.15 per debit
$.05 per deposit
$.07 per transit item |
Six withdrawals free**
$10.00 each thereafter |
Free > $500
$5.00 per month if below
$2.00 per withdrawal after three |
| Monthly Statement with Check Images |
Yes |
Yes |
Yes |
Statement mailed semi-annually
Images not available |
| Free Online Banking |
Yes |
Yes |
Yes |
Yes |
| Online Bill Pay |
No monthly fee
15 free bills per month
$.50 each > 15 |
No monthly fee
15 free bills per month
$.50 each > 15 |
N/A |
N/A |
| Business Online Banker |
$14.95 per month |
$14.95 per month |
N/A |
N/A |
ATM* / VISA
Business Check Card* |
Yes |
Yes |
ATM Only |
ATM Only |
| Bounce Protection Limit |
$600 |
N/A |
N/A |
N/A |
 |
| * | Minimal fees using non Grand Bank facilities...Ask for details. Cards are offered with Grand Bank approval. No transaction charge when using your Visa/Business Check Card for check card transactions at Grand Bank facilities or QuikTrip locations.
|
| ** | There is no limit to the number of transfers or withdrawals you make in person at the bank or at an ATM. However, Money Market and Savings Accounts are limited to 6 automatic withdrawals or transfers of which only three may be by Internet transfers, Check Card transactions, automatic transfers, pre-authorized payments, third party checks and drafts, telephone, and wire transfers. To comply with federal regulations, we may be required to close your account for exceeding these limits.
|
| *** | Grand Bank reserves the right to monitor accounts accordingly and to adjust charges accordingly.
|
|
DEPOSIT PRODUCTS
-
Free Business Checking
Designed as a free account for businesses with fewer than 100 transactions per month. Transactions include: checks written, items deposited, deposits and transfers. Great for small or family businesses. There are no minimum balance requirements.
-
Commercial Checking
Commercial Checking is designed for corporations with a larger transaction volume. Monthly fees may be offset by earnings credit. Earnings are based on monthly deposits and credit is applied monthly to fees incurred.
-
The Grand Cash Management Account
For individuals, partnerships, and corporations who want a grand return on liquid savings, the Grand Cash Management Account shows just how highly you rate at Grand Bank.
-
Grand Savings
A good, old fashioned way to save for...rainy days, emergencies, vacations, special occasions, or just because. Sit back and watch your account grow!
-
Certificates of Deposit
Save for the long term. We have certificates of deposit from 3 months up to 4 years. Earn interest at a competitive rate. Ask for a current rate sheet.
SAVE TIME & MONEY
-
Remote Deposit Capture
This innovative commercial services product allows businesses to process their check deposits from a computer without making a daily trip to the bank - allowing you to focus on your business and submit your deposits on your schedule. More...
-
Business Deposit Pickup
We can provide regularly scheduled pickups of your deposits and banking work by a bonded courier service!
This service may be free based upon collected balances. Minimal cash may be sent via courier.
ACCESS YOUR MONEY
-
Online Bill Pay
No more running to the post office to purchase stamps. Save time and money with our Online Bill Pay. You may pay your bills by check or by electronic payment. Pay your bills, on your time, from the convenience of your home or office! Bills can be scheduled to pay automatically each month or you may change the amount each month.
-
Free ATM Usage
Our participation in the TransFund network gives our customers a fast, easy way to handle routine transactions day or night. There are hundreds of TransFund locations throughout Oklahoma. ATM withdrawals are free at hundreds of QuikTrips in Oklahoma! To find a location near you, logon to www.transfund.com, click on Products & Services, and then click on No-Surcharge ATM Network.
-
The Banker's Assistant - 24-Hour Telephone Banking
Access your accounts day or night with our 24-hour telephone line. Account balances, transfers, and rate information is readily available. You may access your account information by calling the following numbers: Tulsa & Bixby 918.477.3300; Claremore 918.342.4777; Toll-Free: 1.866.865.3300.
-
Grand Bank Online
See your account online, view check images, or balance your checkbook from the convenience of your home! You may transfer funds between accounts, view rates, research and print account information and much more!
-
Business Online Banker
Just like Grand Bank Online, but so much more! With BOB you can set up direct deposit for your payroll, automatically bill your customers directly from their bank account, send wires and stop pays from your office, and much, much more. BOB allows our business customers to be their own banker.
OTHER SERVICES
-
VISA Business Check Card
Many people prefer to pay with a credit card - but don't want to pay the finance charges. Now you can enjoy the convenience of paying for goods and services with a VISA Check Card. Upon approval, you can use it where VISA Check Cards are accepted (which is just about everywhere) and have those purchases deducted directly from your checking account. It also makes record keeping a snap.
-
VISA Gift Cards
The perfect gift! Give the special people in your life the best gift of all...the gift of choice. The Grand Bank Visa Gift Card is the perfect gift for holidays, birthdays, weddings, graduations, or any other gift-giving occasion. Check it out...ask for details!
-
American Express Travelers Cheques
Grand Bank offers convenience and safety of American Express Travelers Cheques. American Express Travelers Cheques offer more services than all others...a 24-hour hotline in the United States and Canada for authorized refunds...refunds 24-hours a day through a network of dispensing machines...Travel Service Offices throughout the world to help you.
PROTECT YOUR MONEY
-
FDIC Insurance
Grand Bank's deposit accounts are insured to $100,000 by the Federal Deposit Insurance Corporation (FDIC), an agency of the federal government.
-
CDARS Program
Additional FDIC insurance is available on Certificates of Deposit through our CDARS Program. In short, any organization or any individual who wants to combine the convenience of working with a single bank with the security of FDIC insurance can benefit from CDARS. Ask for details!!
-
Bounce Protection
Depending upon the type of checking account you have at Grand Bank, Bounce Protection is an overdraft privilege limit that is automatically assigned to your account. There is no action required on your part. You do not need to sign anything. There is no additional cost associated with this privilege unless you use it and then you will be charged our standard NSF fee for each item paid under the limit. If you are a new Grand Bank customer, you may be able to use the overdraft privilege limit assigned to your account 30 days after the account is opened. Ask to speak to one of our Grand Bank employees for more information.
|
