SuperMoney
  Gate City Bank Non-profit Interest Checking
Gate City Bank Non-profit Interest Checking Unaffiliated

Gate City Bank Non-profit Interest Checking

Unaffiliated
Not enough votes for recommendation

Not enough votes for recommendation

Explore a similar product
Try this top product in Business Checking Accounts.
NorthOne Business Checking Account
NorthOne Business Checking Account

Rating not yet determined  

3 reviews
Highlights
Monthly Fee $0
ATM Fee: Out-of-Network Starting at $0
Minimum Balance to Avoid Monthly Fee N/A
APY (Annual Percentage Yield) 0.01%

Gate City Bank Non-profit Interest Checking Review

Gate City Bank Non-profit Interest Checking is offered by Gate City Bank, a bank founded in 1923 and based in Fargo, ND. Gate City Bank Non-profit Interest Checking is available in 2 states across the USA.

Key Takeaways

  • Low APY. The maximum annual percentage yield for this account is only 0.01%.
  • $0 monthly fee. This account does not charge any monthly account fees.
  • No ATM fees. Gate City Bank Non-profit Interest Checking does not charge fees on ATM transactions.
  • ATM fee rebates. This account will reimburse you for ATM fees (see terms and conditions for details).
  • Bill pay. Pay your bills to practically anyone in the United States through Gate City Bank.

Gate City Bank Non-profit Interest Checking Pros & Cons

Pros Cons
  • Interest-yielding account.
  • Access to physical branches.
  • Free debit card and the option to lock/unlock the card if lost or stolen
  • No signup bonus.
  • Only available in 2 states.

Gate City Bank Non-profit Interest Checking FAQ

Are business checking accounts from Gate City Bank federally insured?

Yes, your deposits are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #27774). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What APY does Gate City Bank Non-profit Interest Checking offer?

Gate City Bank Non-profit Interest Checking Rates & Terms
Description
APY (Annual Percentage Yield) 0.01%

Gate City Bank Non-profit Interest Checking offers an APY of 0.01% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $0.01.

What are the account minimums for Gate City Bank Non-profit Interest Checking?

Gate City Bank Non-profit Interest Checking requires a minimum initial deposit of $50 to open an account.

Gate City Bank Non-profit Interest Checking Account Minimums
Description Amount
Minimum Initial Deposit $50
APY Minimum Balance $0.01

What fees does Gate City Bank Non-profit Interest Checking charge?

The good news is that this account does not have a monthly service charge.

Gate City Bank Non-profit Interest Checking Fees
Description
ATM Fee: In-Network $0
ATM Fee: Out-of-Network Starting at $0
Foreign Transaction Fee (Debit Card) 3%
Monthly Fee $0
NSF Fee $32
Online Bill Pay Fee $0
Overdraft Item Fee $32
Returned Deposit Fee (Domestic) $13
Returned Deposit Fee (International) $13
Stop Payment Fee $27
Wire Transfer Fee - Domestic (Incoming) $10
Wire Transfer Fee - International (Incoming) $22

What features and perks does Gate City Bank Non-profit Interest Checking offer?

This account includes the following features:

  • ATM reimbursement - This account will reimburse you for the ATM fees charged by other networks.
  • Fraud monitoring - Gate City Bank Non-profit Interest Checking monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
  • Free Bill Pay - Bill Pay allows you to pay bills easily from your account.
  • Mobile Banking Services - Gate City Bank Non-profit Interest Checking allows you to manage your money online. This includes depositing checks in your account with your smartphone.
  • Nationwide ATM network - Conveniently transact at a nearby ATM.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Message From Gate City Bank Non-profit Interest Checking

Non-profits have unique financial needs and Gate City Bank has designed a checking account specifically to meet those needs.

Availability

  Available in 2 states
  • Minnesota
  • North Dakota

Feature Breakdown

Minimum Balance to Earn APY $0.01
Minimum Opening Deposit Starting at $50
ATM Fee: In-Network $0
ATM Fee: Out-of-Network Starting at $0
Foreign Transaction Fee (Debit Card) 3%
Monthly Fee $0
NSF Fee $32
Online Bill Pay Fee $0
Overdraft Item Fee $32
Returned Deposit Fee (Domestic) $13
Returned Deposit Fee (International) $13
Stop Payment Fee $27
Wire Transfer Fee - Domestic (Incoming) $10
Wire Transfer Fee - International (Incoming) $22
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Verification Documents Required
  • Driver License (or other photo ID)
  • Proof of Identity
  • Business Formation Documents
  • Government Issued Photo ID
  • U.S. Tax Identification Number
  • Social Security Number
  • Business Tax Return
  • Employer Identification Number
Account Features
  • No ATM Fees
  • Free Bill Pay
  • Mobile Check Deposit
  • No Monthly Maintenance Fee
  • Interest Bearing Account
  • ATM Reimbursement
  • Nationwide ATM Network
  • Mobile Banking
  • Fraud Monitoring
  • Debit Card Lock/Unlock
  • Fraud Protection
  • Debit Card
  • Branch Access
  • Member FDIC
APY (Annual Percentage Yield) 0.01%

Be the first to rate

 

Would you recommend Gate City Bank Non-profit Interest Checking to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
(will require moderator approval)

Other Business Checking Accounts

Gate City Bank Business Checking Accounts

Loading...