Business and Non-For-Profit Deposit Services
At The State Bank of Geneva, we believe that businesses play a major role in the development of our community. We offer a variety of business checking and savings plans to fit your financial needs.
The State Bank of Geneva offers the following business deposit account types:
Easy Access Certificate of Deposit
Business Checking
The State Bank of Geneva’s Business Checking Account meets the needs of all business sizes for basic check writing services at a competitive cost.
- Low minimum deposit to open: $100
- No ongoing minimum balance requirement or monthly maintenance fee
- Low per item processing fee
- Free Online Banking
- Unlimited check writing
- Checks or check images returned monthly
- Monthly statement
NOW Business Checking
A NOW Business Checking Account from The State Bank of Geneva meets the needs of sole proprietorships and non-profit organizations that want to maximize funds by earning interest. Activate a NOW Business Checking Account with a low opening deposit and have your money work for you.
- Low minimum deposit to open: $1,000
- Minimum balance to avoid fees: $1,000
- Free Online Banking
- Unlimited check writing
- Checks or check images returned monthly
- Monthly statement
Business Money Market
Take advantage of higher interest rates with a Business Money Market Account from The State Bank of Geneva. A Business Money Market Account provides a higher interest rate with easy and immediate access to your funds through check writing privileges.
- Minimum deposit to open: $2,500
- Minimum balance to avoid fees: $2,500
- Limited to three checks and three withdrawals per month
- Checks or check images returned monthly
- Monthly statement
Business Investor's Advantage
Earn high rates of interest without tying up your funds.
- Minimum deposit to open: $10,000
- Minimum balance to avoid fees: $10,000
- Limited to three checks and three withdrawals per month
- Checks or check images returned monthly
- Monthly statement
Easy Access Certificate of Deposit
An Easy Access Certificate of Deposit is a three month Certificate of Deposit that earns a higher rate with the convenience of a Savings Account.
- No penalty on early withdrawals after the first seven days after you establish the account
- Unlimited withdrawals as long as you maintain a balance of $5,000
- Unlimited deposits
Certificate of Deposit
A Certificate of Deposit is a smart way to save when you want your money to earn more and do not need access to your savings for a specific period of time. Because each Certificate is held for an exact number of months, it's a perfect choice when you want to save money for a future purchase.
- Competitive rates
- Automatic renewal
- Dividends paid into savings, checking, by check, or compounded to your certificate of deposit
