Business Accounts
The success of your business matters.
Focus on
What Matters.
Business owners understand the importance of managing time and money efficiently and effectively. Let us take care of the banking details while you focus on what matters most – growing your business.
Business Savings Account
Become a member and open a Business Savings Account by depositing $5
Earn dividends on deposits over $10
Free access to your account through Online & Mobile Banking
Free Money Management within Online Banking
Free eStatements
Coming Soon - Visa® Business Credit Cards
Business Savings Account
Become a member and open a Business Savings Account by depositing $5
Earn dividends on deposits over $10
Free access to your account through Online & Mobile Banking
Free Money Management within Online Banking
Free eStatements
Coming Soon - Visa® Business Credit Cards
Business Checking
Free Access to Online & Mobile Banking
Free Online Transfers and Money Management through Online Banking
Free eStatements
Free Automated Phone Banking
Visa® Business Debit Cards With Contactless Technology
Check out quickly and safely by tapping your contactless card on the check out terminal.
Learn More»
Conveniently deposit checks using Mobile Check Deposit
Pay your bills in one place using Online Bill Pay
SEP IRA’s and SEP IRA Certificates
SEP stands for “Simplified Employee Pension” plan. Basically, a SEP IRA is a traditional IRA for businesses, including self-employed.
SEP IRAs, like traditional IRAs, allow earnings to grow tax-deferred.
SEP IRA Minimum Opening Balance: $5
SEP IRA Certificates Minimum Investment: $500
Visit the IRS Website for Deposit Limits
Withdrawals can begin at age 59 ½. Mandatory withdrawals at age 72
To learn more, click here or consult a tax preparer or advisor.
To get started, call:
Yep, you’ll need paperwork.
Don’t worry, view our checklist to see what’s needed.
Pick a business plan that is right for you!
Business Basic
- Accounts with 19 or less checks deposited per month
- $5 monthly account fee
Business Plus
- Accounts with 20-100 checks deposited per month
- $10 monthly account fee
Merchant Services
Great River Federal Credit Union has partnered with Elavon, a leading global payments provider, to offer you payment processing solutions.
Elavon offers the latest in payment technology, so you can give your customers the choice to pay however they want. Whether you accept payments online, in person, curbside, in-app or over the phone, Elavon and Great River Federal Credit Union have you covered.
Let Elavon find a solution for your business.
Call Jason Glassen at 612.532.4763 or email [email protected] to get started!
Advantages of Choosing Elavon
Many Payment Acceptance Options
With Elavon, you can accept all major credit and debit cards, ACH, electronic checks, and digital wallet payments – including Google Pay™ and Apple Pay™.
Latest Payment Technology
Elavon’s payment technology includes: smart devices, EMV terminals, mobile wallet acceptance, omni-channel platform, tablet-based Point of Sale solutions and so much more.
Advanced Payment Security
Elavon helps protect payment card data with strong encryption and tokenization technology through the Safe-T suite security solution.
Great Customer Service
Elavon Customer Service representatives are available 24/7/365.
Feel secure in knowing that you’ll have a dedicated account manager to help you manage your payments efficiently.
Easily Accessible Reporting
Monitor your account at your convenience with their online customer portal.
View interactive online statements, and sales, funding and payments activities.
Get Your Business Funds Fast
The suite of funding options to choose from can give you access to your funds in 2-3 days, same day, or within hours.
Membership
Discover the benefits of being a Great River member.
Business Investment Services
Explore the wide range of investment and insurance products for your business.
BECOME A MEMBER
Your story may bring you here in celebration, because of exciting future plans, or a life changing event. Maybe you are struggling and looking for help, or perhaps going to the credit union is an errand in your day. All of these stories matter to us!