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.
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.
Yep, you’ll need paperwork.
Don’t worry, view our checklist to see what’s needed.
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.
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.
Discover the benefits of being a Great River member.
Business Investment Services
Explore the wide range of investment and insurance products for your business.