Commercial
Commercial Lending
Whether you are starting a new business or are an existing business owner needing to expand, we are eager to help. The Gifford State Bank offers a variety of commercial loans ranging from start-up business loans, machinery purchases, or short-term operating lines of credit.
REVOLVING LINES OF CREDIT
Get the flexibility you need from the bank you trust. Our revolving lines of credit give you quick access to cash, so you can buy inventory, cover accounts receivable, or act fast when the next opportunity comes along.
TERM LOANS
Get a customized loan to meet your needs.
COMMERCIAL REAL ESTATE
Is it time to stop leasing and purchase your commercial property? Apply for a Commercial Real Estate loan customized to meet your needs.
Checking Accounts
Small Business/Ag Checking
- No monthly service fee up to 250 items
- Excess transactions are $0.25 per item
- Check Image Statements
- Online and Telephone Banking
- Mobile Phone and Tablet App
- Visa check card*
- $100 Minimum Opening Deposit
*Subject to bank approval.
Not-For-Profit Checking
- No monthly service fee
- Unlimited check writing
- No minimum balance requirement
- Check Image Statements
- Online and Telephone Banking
- Mobile Phone and Tablet App
- Visa Check Card*
- $100 Minimum Opening Deposit
*Subject to bank approval.
Savings Accounts
Tiered Savings Account
- Convenient & Easy Funds Transfers
- Earn Tiered Interest Monthly on Average Balance
- Up to $9,999.99
- $10,000 - $24,999.99
- $25,000 - $74,999.99
- $75,000 - Higher
- Check Image Statements
- Online and Telephone Banking
- Mobile Phone and Tablet App
- $100 Minimum Opening Deposit
Cash Management Services
The Gifford State Bank offers numerous services important to your business's daily operation such as cashier's checks, stop payments, wire transfers and cash and coin orders. We make managing your business accounts convenient and easy. Let our experienced business professional department help you determine which services best fit your needs.
Cash Management
We have an Internet-based system which is more advanced than the one available to consumers. This enables managers to create and authorize individual internal logon credentials, allowing employees to view and or access cash management features. Online Banking gives you access to your accounts and the movement of funds 24 hours a day, 7 days a week. You may view your account balance and activity, reconcile your accounts using the online statements, see your pending transactions, make immediate transfers between accounts, and download your account transactions to financial management software.
ACH Services
- Payroll services
- Credit
- Debit
eBills
- One-stop bill management tool
- Provides full PDF bill images from thousands of billers
- Automated linking
- Comprehensive setup wizard that ensures the greatest benefits and improving financial lives
BizPay
BizPay allows even small businesses to send payroll and/or direct ACH payments without the typical, cumbersome financial reviews. Funds are guaranteed, which mitigates risk. Business owners can delegate tasks like scheduling payments, payroll and more, while maintaining diligent oversight
Merchant Services
We are proud to partner with TIB Merchant Services which features a complete turnkey offering for your business to accept and process payments efficiently and safely. Our full line of fast and convenient payment processing services will provide a solution tailor-made for your business. Our next business day funding will accelerate your cash flow and our competitive rates will help reduce your expenses. Whether you need a traditional terminal, an e-Commerce solution, a fully functional Point-Of-Sale solution or the latest in mobile payment technology, we provide fast and secure payment acceptance methods designed to help grow your business. We will provide a free cost analysis and assessment to determine which payment processing solution best suits your individual business needs. Contact us today! We look forward to working with you!
Full Service
We can offer you a full-service merchant services product to use at your storefront like a Restaurant or Boutique. This would be a full Point of Sale Product with different system types to meet your needs.
- Clover station- Countertop POS system with pivoting touchscreen
- Clover Mini- Accept swipe, EMV, and contactless payments.
- Clover Flex- Portable POS device.
Online
We offer web-based solutions your business can use on your computer or mobile device.
- Hosted Payments Page
- Invoicing
- QuickBooks Integration
- eCommerce Tools
- Phone Orders
- Recurring Payments
Mobile
If you are looking for something you can take on the go, we offer merchant services through your mobile device.
- Accept Transactions through a mobile device
- Manage Cash and Credit Transactions
- Web Dashboard
- Tip Acceptance
Credit Cards
Standard Business Card
Features:
- No annual fee.
- Competitive ongoing APR1.
- 25-day interest-free grace period on all purchases. No grace period on cash advances.
- Individual and summary billing options.
Benefits:
- 24-hour toll-free live customer assistance available at 800-367-7576.
- Online account information available 24/7 at www.cardaccount.net.
- Rental car collision damage waiver protection and a host of extraordinary MasterCard® benefits.
Fees:
- Other fees may be charged, these fees are listed on the downloadable application.
Business Card / Preferred Points Rewards
Features:
- Earn one reward point for each dollar spent, up to 10,000 points per month.
- Low annual fee of $49.00 per account.
- Competitive ongoing APR1.
- 25-day interest-free grace period on all purchases. No grace period on cash advances.
- Individual billing option only.
Benefits:
- Redeem your rewards points for cash-back awards, retail gift cards, travel and a wide variety of merchandise including cameras, mp3 players, home theater systems, portable DVD players, sporting equipment, jewelry, luggage, electronics, video game equipment, gift cards and more.
- To view or redeem rewards points, visit www.mypreferredpoints.com or call 866-678-5191.
- 24-hour toll-free live customer assistance available at 800-367-7576.
- Online account information available 24/7 at www.cardaccount.net.
- Rental car collision damage waiver protection and a host of extraordinary MasterCard® benefits.
Fees:
- Other fees may be charged, these fees are listed on the downloadable application.
Application Information
To apply, click on one of the "Apply" buttons above. Then either:
- Fill out the necessary information and then print the application (you cannot save the document, so print an extra copy for yourself), OR
- Print the application and then complete it using a blue or black pen.
Paper applications are also available at your local branch office.
Supporting documents vary depending on the type of business you have. See chart below.
|
Sole Proprietor |
Partnership |
Private Corporation |
Public Corporation |
Non-Profit |
| Application |
✓ |
✓ |
✓ |
✓ |
✓ |
| Organizational Papers |
✓ |
✓ |
✓ |
✓ |
✓ |
| Borrowing Resolution |
|
✓ |
✓ |
✓ |
✓ |
| Financial Statements |
|
✓ |
✓ |
✓ |
✓ |
| Personal Guaranty |
✓ |
✓ |
✓ |
|
|
| Personal Tax Return |
✓ |
✓ |
✓ |
|
|
Your completed application can be submitted in one of the following ways:
- Faxing the completed application to the Card Service Center at 877-809-9162
- Mailing the completed application to:
Card Service Center
PO Box 569120
Dallas, TX 75356-9120
- Bringing the completed application in to your local branch
1 Please see application for information about current APRs and fees.