Checking & Savings Accounts for Your Business
At San Luis Valley Federal Bank, we’re committed to your business’s success. That means we provide you with options when it comes to choosing the right account for your business. From checking accounts that give you quick access to your cash, to money market accounts that allow you to earn more with tiered interest rates, you have options with us. If you'd like to open an account online, click the link below.
Currently, San Luis Valley Federal Bank is only accepting deposit accounts within the 6 San Luis Valley counties (Alamosa, Conejos, Costilla, Mineral, Rio Grande, and Saguache).
Compare Our Business Deposit Accounts
Account Name | Who This Account is For | Key Features |
---|---|---|
SLV 100 Account | Businesses such as an unincorporated sole proprietor (DBA) or non-profits that want no minimum balance requirement. | $50 opening deposit requirement Non-interest bearing No minimum balance required with activity Online Banking / eStatement capability Business VISA® Debit Card available Bill Payment services available |
SLV VIP Account | Businesses or non-profits that want to earn interest while maintaining easy access to their account’s funds. | $50 opening deposit requirement Interest bearing No minimum balance required with activity Online Banking / eStatement capability Business VISA® Debit Card available Bill Payment services available |
SLV 500 Account | For businesses such as LLC, Partnerships, Incorporated. | $100 minimum to open Minimum balance of $500 Non-interest bearing $10 monthly fee on balance falling below $500 Online Banking / eStatement capability Business VISA® Debit Card available Bill Payment services available No interest earning account |
Sweep Account | Businesses that have a commercial checking account and want to earn higher interest by sweeping money daily into the sweep account. | Only available to commercial checking account customers Interest bearing with tiered rates Unlimited transfers/sweeps from the business checking account $5.00 fee monthly if balance falls below $500 |
Money Market Insured Account | Businesses that can maintain higher balances and want to take advantage of tiered interest rates. | Minimum $1,000 to open Allows 6 pre-authorized transfers per month Tiered interest rates |