Savings and Certificates

Gesa makes your money work harder with savings options that optimize your cash flow.

Business Savings

Business Savings

Gesa Business Savings account offers competitive rates, convenient access to your account through Xpress Online, and ensures your membership as a business account member.

  • Low minimum balance of $100 to open and maintain the account
  • Competitive rates assure that your funds are working for you
  • Low monthly service charge can be waived, based on the aggregate average daily balances in all other Business accounts
  • Use this account for overdraft protection from a checking or money market account

To open a Money Market account, call a Gesa Commercial Services Representative at (888) 946-4372.

Business Savings Rates
Account Type APY*
Business Savings 0.04%
* APY = Annual Percentage Yield. Rates, terms, and fees are subject to change. Must maintain a minimum daily balance of $500.00 in the account each day to obtain this APY.
Notes and Fees
Business Analysis Account Fees (PDF)
Business Account Fees (PDF)

To view the PDFs, you must have the free utility Adobe Reader. Click here to get it

Certificates

Certificates

If you're seeking a higher-yielding fixed-rate savings account for funds that are in excess of your current operating requirements, consider our Business Certificate accounts. Benefits include:

  • Terms ranging from three to sixty months
  • Interest is compounded and paid monthly at maturity
  • Choose one of three tier levels for your account.
  • Certificates can be used as collateral to secure a loan at a competitive margin.

To open a Money Market account, call a Gesa Commercial Services Representative at (888) 946-4372.

Business Certificates Rates
Term (months) APY* (min. blance $500.00) APY* (min. balance $50,000.00) APY* (min. balance $100,000.00)
3 0.20% 0.20% 0.20%
6 0.30% 0.40% 0.50%
7 1.47% 1.47% 1.47%
12 0.80% 0.90% 1.00%
18 1.45% 1.55% 1.65%
24 1.55% 1.70% 1.85%
30 1.70% 1.85% 2.00%
36 1.75% 1.90% 2.05%
48 1.80% 2.00% 2.20%
60 1.90% 2.15% 2.40%
* APY = Annual Percentage Yield. Rates, terms, and fees are subject to change.
Notes and Fees

Minimum deposit balance must be maintained to earn APY andfees may reduce earnings on the account. Early withdrawal penalties will apply.Certificate rates are for a limited time only. Stated rates are as of 11/1/2019 and are subject to change.

Business Analysis Account Fees (PDF)
Business Account Fees (PDF)

To view the PDFs, you must have the free utility Adobe Reader. Click here to get it