(most use the 90-day T-Bill rate to set ECR — a paltry .25%)
(our ECR is an amazing 1.00%)
|Numbers are close--calculator is for illustrative purposes only.|
|Average Investable Balance|
What is ECR?
Earnings Credit Rate (ECR) is an earning allowance Green Bank gives you for deposits in non-interest earning accounts. It's "soft" credit that you can use to pay “hard” expenses associated with your business checking account. Most banks pay an ECR, but don’t talk about it because their rate is so low…
Who is a good fit?
Generally, accounts with larger monthly balances benefit most from ECR. Try a few numbers in the Quick Earnings Rate Calculator and review the four case studies. Both will give an approximation on how our 4X ECR rate works. And saves.
Can I get an analysis?
Yes. And it’s detailed and complimentary. We'll need a few months of your current statements to work-up some real results. We know the savings will get your attention.
How Do I Sign-up?
Give us a call or send an e-mail.