BUSINESS CASH | BUSINESS SAVER | |
|---|---|---|
Description and Monthly Reward | Rewards Checking for businesses that earns interest up to 5.00% APY*** on balances up to $50,000.00 | A companion savings account for Business Cash account holders to earn even more interest. Earn 2.27% APY*** on balances up to $50,000.00 |
How to Qualify Monthly* | Have at least 5 debit cards purchases post and settle (ATM transactions do not count) | Qualify in Cash Account |
No Penalty | Don't qualify? No Problem? | Don't qualify? No Problem? |
Minimum to Open* | $100 | $100 |
Debit Card & Online Banking | Included | Included |
Monthly Fees | None | None |
GNB BUSINESS CASH: Limit one account per Employee Identification Number (EIN) or Taxpayer Identification Number (TIN). Minimum deposit to open is $100. Overdraft fees and non-sufficient funds fees apply to overdrafts created by check, in-person withdrawal, ATM withdrawal or other electronic means. A $25 fee will be charged if account is closed within 6 months of opening. Fees may reduce earnings. Rewards less than a penny cannot be distributed. GNB Business Cash may not be used for consumer purposes. *When GNB Business Cash qualifications are met, balances up to $50,000.00 will earn an interest rate of 4.89% with APY** of 5.00%. Balances in excess of the maximum balance noted for the qualified accounts will earn an interest rate of 0.05% with 0.05% APY. *Qualifications for eligibility: At least 5 debit card purchases that post and settle to the account during the cycle period (does not include ATM transactions). You must receive e-statements. You must have an active non-consumer loan or credit card with GNB Bank. Must maintain a minimum balance of $5000 or greater. *Qualifications must be met for each qualification cycle: a qualification cycle is a period beginning one business day prior to the first day of the current statement cycle through one business day prior to the close of the current statement cycle. GNB Business Cash rewards will be credited to your account on the last business day of the month. Non-qualifying accounts will earn an interest rate of 0.01% and 0.01% APY**. Rates effective April 1, 2026 and subject to change without notice.
GNB BUSINESS SAVER: Limit one account per Tax Identification Number. Minimum deposit to open is $100. A $25 fee will be charged if account is closed within 6 months of opening. Fees may reduce earnings. No minimum balance required to earn or receive account’s rewards. Rewards less than a penny cannot be distributed. You must have a GNB Business Cash account in order to open GNB Business Saver. You must have a GNB Business Cash checking in order to open a GNB Business Saver. GNB Business Cash must remain open throughout the period GNB Business Saver is open. If you close GNB Business Cash, we reserve the right to close your GNB Business Saver. When qualifications are met on your GNB Business Cash account during the monthly qualifications cycle, an interest rate of 2.25% will be paid on the portion of your GNB Saver balance that is $50,000.00 or less, resulting in an annual percentage yield of 2.27%. The portion of your daily balance that is greater than $50,000.00 will earn an interest rate of 0.05% resulting in an annual percentage yield of 0.05%. Non-qualifying accounts will earn an interest rate of 0.01% and 0.01% APY**. Rates effective April 1, 2026 and subject to change without notice.
** Annual Percentage Yield (APY)