Graystone Bank

BUSINESS BANKING

BUSINESS DEPOSIT ACCOUNTS

At Graystone Bank, we believe in partnering with local businesses to help them achieve their financial goals. We have created specialized accounts that enable business owners to rise to the next level. Our flexible accounts make handling funds easier so you have more time to focus on taking your business to new heights.

FDIC DEPOSIT INSURANCE COVERAGE INFORMATION:

On October 3, 2008, FDIC deposit insurance temporarily increased from $100,000 to $250,000 per depositor. On May 20, 2009 this increased coverage was extended to remain in effect through December 31, 2013.

All Non-Interest Bearing Transaction Deposit Accounts
Graystone Bank is participating in the FDIC’s Transaction Account Guarantee Program (TAGP). Under that program, through December 31, 2010, all non-interest-bearing transaction accounts* are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC’s general deposit insurance rules.
*Includes deposit accounts with interest rates no higher than 25 basis points (0.25%).

Checking Accounts

Need a better way to manage your cash flow? Let Graystone Bank help. Our flexible accounts make handling funds easier, so you have more time to focus on your business.

Free Business Checking
  • Specifically designed for Sole Proprietors
    and Small Clubs
  • No Monthly Maintenance Fee
  • No Minimum Balance Requirement
  • FREE 400 Monthly Transactions
  • FREE Business Check Card
  • FREE Internet Access to Balance
 Free Business Interest Checking
  • Designed exclusively for Sole Proprietors
  • No Monthly Maintenance Fee
    (when minimum balance of $5,000 is met)
  • FREE 400 Monthly Transactions
  • Interest Bearing
  • FREE Business Check Card
  • FREE Internet Access to Balance
Commercial Checking
  • No Monthly Maintenance Fee
    (when minimum balance of $10,000 is met)
  • Earnings Credit
  • FREE Business Check Card
  • Full Cash Management Services
 Government Banking Free Checking
  • No Monthly Maintenance Fee
  • No Minimum Balance
  • FREE 400 Monthly Transactions
  • Fully Collateralized Account
Government Banking Free Interest Earning Checking
  • No Monthly Maintenance Fee
    (when minimum balance of $50,000 is met)
  • Interest Bearing
  

Specialized Accounts

IOLTA Account
  • Designed exclusively to support local law firms
  • No Monthly Maintenance Fee
  • No Minimum Balance Requirement
  • Unlimited Monthly Transactions
  • Interest Bearing
Business Money Market
  • No Monthly Maintenance Fee
  • No Minimum Balance Requirement
  • Limited Monthly Withdrawals
  • Interest Bearing
  • FREE Business Check Card

Click here to view Graystone Bank Business Banking brochure.