Phone: (401) 739-4600 or (866) 739-9121 | Routing Number: 211590671

Business Deposit Accounts

Greenwood Credit Union

BUSINESS DEPOSIT ACCOUNTS

Small Business Banking solutions that fit YOUR business, right now.

 Business Share SavingsBusiness Money MarketSmall Business CheckingBusiness Relationship
Checking
DescriptionBasic Savings accountTiered savings to earn more while keeping funds liquidBasic checking for a business with low to moderate activity with
no strings attached
Interest bearing checking for a business with moderate to high
activity
Interest Rate0.25%0.00% $0.00-2,499.99
0.35%-$2,500.00 - $24,999.99
0.50%-$25,000.00-$99,999.99
0.65%-$100,000.00 and over
0.00%0.00% - $0.00-$99.99
0.25% - $100.00 and
over
Minimum Opening Balance$5.00$2,500.00$25.00$100.00
Minimum Balance Requirement$5.00$2,500.00$0.00$0.00
Minimum Balance Required to Earn Interest$100.00$2,500.00N/A$100.00
Monthly Service Charge$0.00$0.00$0.00$15.00 if balance drops below Average Daily Balance minimum of $2,500.00
Monthly Transaction ChargesN/AN/A$0.35 for each item over 100$0.35 for each item over 300
Business Debit CardAlways FreeAlways FreeAlways FreeAlways Free
Online and Mobile BankingAlways FreeAlways FreeAlways FreeAlways Free
Online Bill PayAlways FreeAlways FreeAlways FreeAlways Free
E-StatementsAlways FreeAlways FreeAlways FreeAlways Free
Business Overdraft LOC*N/AN/AFixed interest rate
Up to $5,000.00 available
Fixed interest rate
Up to $5,000.00 available

* Overdraft LOC limit based on member’s credit history and ability to repay