Business Checking
Patrons who bank with us receive a variety of account options to match their financial needs. Our business checking provides you with detailed records and monthly statements to help you keep up with expenses and income. Great Southern Bank offers free online banking with bill pay and phone banking. A variety of personal checking accounts are also available. Services and fees are subject to change. All deposit accounts are FDIC insured. Choose from products like:
Business Checking
A business account is designed for partnerships, corporations, and other such entities. Monthly activity charges include a $7.50 per month service charge, $.14 per check, ACH, or debit item, and $.07 per deposit, ACH, or credit item. The above costs may be reduced by a credit based on your average collected balance times a market rate. High collected balances may even result in no monthly service charges. A $100 deposit is needed to open this account.
Business Essentials Checking
The Business essential account is designed to support small businesses with a wide array of services and can also be opened with as little as $100. There’s no charge for the first 350 credit or debit items, though there is a $.25 transaction fee for any paper item processed that exceeds 350 items. This account offers:
- No Minimum Balance Requirement
- No Monthly Service Charge
- Unlimited Automated Debit or Credit Items
- Up to 3 FREE GSB Debit Cards for Authorized Users
Nonprofit Checking
This account is designed for nonprofit civic or religious organizations with low account balances and limited activity. There is no service charge if the minimum statement balance stays above $600 throughout the month, fewer than 75 checks are written, and fewer than 75 items are deposited. Should the balance fall below $600, the charge is $5.25. We impose a $.14 fee for every check over 75 and $.07 per item deposited in excess of 75. A $100 deposit is required to open this account.
Interest Checking for Sole Proprietorship
An option like this offers interest on checking accounts to sole proprietorships and qualified religious, civic, or charitable nonprofit organizations. A minimum balance of $1,000 is required to open an account and earn interest. Monthly activity charges include:
- $7.50 Per Month Service Charge,
- $.14 Per Check, ACH, or Debit Item
- $.07 Per Deposit, ACH, or Credit Item