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11/20 COVID-19 Response

Beginning Monday November 23, SLVFB will reduce its lobby hours in an ongoing response to Colorado's executive orders. Click Read more for the full notice. Also, we will be closed on Thanksgiving Day, Thursday, November 26th.

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Business Deposit Accounts

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, call or visit us.

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Compare Our Business Deposit Accounts

Account NameWho This Account is ForKey Features
SLV 100 AccountBusinesses such as an unincorporated sole proprietor (DBA) or non-profits that want to earn interest and want no minimum balance requirements.

$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 AccountBusinesses 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 AccountBusinesses 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