Savings
GCF Bank is pleased to offer savings plans for every need.
Check out our deposit rates!
Fees may apply
Savings
| Product |
Minimum Deposit To Open Account |
Minimum Balance To Obtain Annual Percentage Yield |
Interest Is Compounded/ Credited |
| Statement |
$ 1.00 |
$ 100.00 |
Quarterly / Quarterly |
| Passbook |
$ 10.00 |
$ 1.00 |
Quarterly / Quarterly |
| CyberSaver |
$ 100.00 |
$ 100.00 |
Quarterly / Quarterly |
| CyberSaver Supreme |
$ 100,000.00 |
$ 1.00 |
Monthly / Monthly |
| CyberSaver Gold |
$ 200,000.00 |
$ 1.00 |
Monthly / Monthly |
CD
| Product |
Minimum Deposit To Open Account |
Minimum Balance To Obtain Annual Percentage Yield |
Interest Is Compounded/ Credited |
| 3 Month |
$ 500.00 |
$ 500.00 |
NA / At Maturity
|
| 3 Month |
$ 2,500.00 |
$ 2,500.00 |
NA / Monthly* |
| 6 Month |
$ 500.00 |
$ 500.00 |
NA / At Maturity |
| 6 Month |
$ 2,500.00 |
$ 2,500.00 |
NA / Monthly* |
| 9 Month |
$ 500.00 |
$ 500.00 |
NA / At Maturity |
| 1 Year |
$ 500.00 |
$ 500.00 |
Quarterly / Quarterly |
| 15 Month |
$ 500.00 |
$ 500.00 |
Quarterly / Quarterly |
| 1 1/2 Year |
$ 500.00 |
$ 500.00 |
Quarterly / Quarterly |
| 1 1/2 Year IRA |
$ 500.00 |
$ 500.00 |
Daily / Quarterly |
| 2 Year |
$ 500.00 |
$ 500.00 |
Quarterly / Quarterly |
| 2 Year WiseChoice |
$ 2,500.00 |
$ 2,500.00 |
Quarterly / Quarterly |
| 2 Year IRA |
$ 500.00 |
$ 500.00 |
Daily / Quarterly |
| 2 1/2 Year |
$ 500.00 |
$ 500.00 |
Daily / Quarterly |
| 3 Year |
$ 500.00 |
$ 500.00 |
Daily / Quarterly |
| 3 1/2 Year |
$ 500.00 |
$ 500.00 |
Daily / Quarterly |
| 5 Year |
$ 500.00 |
$ 500.00 |
Daily / Quarterly |
| 7 Year |
$ 500.00 |
$ 500.00 |
Quarterly / Quarterly |
*
Interest can be withdrawn by check or transferred to a NOW, MMDA or Savings
Passbook account. Monthly compounding is not permitted.
If you need a savings account that you can access online, at the ATM or Express-Line, then a Statement Savings is the account for you. A monthly statement detailing all of your activity during the period will be mailed. This account is interest bearing if the balance maintained is $100 or more. Only $1 minimum to open this account!
PASSBOOK SAVINGS ACCOUNTS
Passbook savings accounts pay interest from day of deposit to day of withdrawal (with a very competitive interest rate). You can deposit or withdraw at anytime. With a Passbook Savings account, you will have the convenience of having your records right at your fingertips. Every time you use your passbook, your balance will be updated. The passbook must be presented at all withdrawals. With only $10 to keep your account open, it is a great choice.
Earn high-yield interest with this multi-tiered electronic access account. Earn the
promotional rate for the first 90 days, no matter what your balance! Open and manage your account online. Receive your statements electronically and reduce paper clutter!
CYBERSAVER SUPREME
The ultimate account for high-yield earnings. Designed to make your
money grow without tedious oversight. In accordance with Regulation D, preauthorized, eligible transfers from the CyberSaver Supreme Account are limited to three per month. There will be a fee assessed of $25 per occurrence for transfers in excess of three per month. Please note this account is not eligible for the following: As a Trustee, Payable-on-Death or Beneficiary account, an ATM card or GCF's SafeLink service.
CYBERSAVER GOLD
All the benefits of CyberSaver Supreme combined with a higher yield for maximum earnings. This account offers the ability to transfer money electronically between financial institutions to make funding quick and easy. In accordance with Regulation D, preauthorized, eligible transfers from the CyberSaver Gold Account are limited to three per month. There will be a fee assessed of $25 per occurrence for transfers in excess of three per month. Please note this account is not eligible for the following: As a Trustee, Payable-on-Death or Beneficiary account, an ATM card or GCF's SafeLink service.
