Celebrating Small Businesses
by Grand Savings Bank
May 12, 2025
At Grand Savings Bank, small business customers have a big place in our hearts. Thanks to our suite of business banking products, we work with countless small businesses in our local communities. Read on to learn more!
Positive Pay
Now more than ever, there is an urgent need for diligence in preventing check fraud due to advances in technology and the ease of altering checks. Positive Pay is a complimentary service for businesses that helps prevent check fraud by matching checks presented for payment to your company’s issued checks. This allows you to quickly identify fraudulent checks before they clear your account. To learn more about Positive Pay, visit a Grand Savings Bank location or contact Customer Care.
Cash Management
Our cash management services let you send and receive bills and payments, direct deposit funds for payroll, transfer and receive money from different accounts, request transfers, and more.
Merchant Processing
Grand Savings Bank 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, in-app or over the phone, Elavon and Grand Savings Bank have you covered.
Mobile Check Deposit & Merchant Capture
When you’re at work, you can’t always carve out time for trips to the bank. With GSB Mobile Check Deposit and Merchant Capture, you can skip the lines and deposit checks from anywhere. To use Mobile Check Deposit, just sign the back of each check, then snap a picture with the mobile check deposit feature on your GSB mobile banking app. From there, you can keep up with each check’s status on your online banking dashboard. Merchant Capture allows you to accept and deposit customer checks on the spot, no matter who they bank with.
Online Banking
At GSB, we want to make it easier to run your business. Our online banking platform gives you real-time access to your finances and cash flow, so you can make decisions with confidence and plan for the future. With Online Banking, you can pay bills, make ACH payments, distribute payroll, collect dues, and more. Think of it as a GSB branch that’s open 24/7, from wherever your business takes you.
Whether you’re just getting started in your entrepreneurial endeavors or you’re the owner of a well-established company, Grand Savings Bank has the tools your business needs to flourish and thrive. Connect with us today!