Savings Accounts With Your Needs In Mind
A savings account serves as a cornerstone of financial stability and security.
Having a savings account cultivates a habit of saving, provides a safety net for unexpected expenses, and enables individuals to work toward their financial goals.
Find Your Perfect Account
GRB’s specialized account features help every customer select the best savings account to meet their needs:
- Statement Savings
- PersonalMoney Market
- Elite Money Market
Statement Savings | PersonalMoney Market | Elite Money Market | |
Leverage added benefits and advanced banking services | $3999 /year | $3999 /year | |
Earns Interest | |||
Minimum to Open | $25 | $2,500 | $0 |
Minimum Balance | $100 | $2,500 to earn interest | $50,000 in consumer accounts combined OR $100,000 in personal and business accounts combined |
Service Charge* | $5/quarter* | $10/month* | Dictated by Elite Checking and uses a combined balance |
Free Online Banking | |||
Free e-Statements | Learn More | Learn More | Learn More |
* Service charge will apply if the average daily balance falls below the account minimum. Statement savings account fee waived for accountholders under 22 years of age or with an average quarterly account balance of $100 or more
** Rates and terms may change without notice after account opening. The minimum opening balance is $0. Requires Elite Checking. Rates and terms may change without notice after account opening. The minimum opening balance is $0. Requires Elite Checking account. Monthly balance requirement is calculated using average monthly balances from checking, savings, and money market accounts only. CDs not included. A $35 monthly fee will be charged if the minimum balance requirements are not met.
FDIC Insurance Details
The Federal Deposit Insurance Corporation (FDIC) provides insurance coverage to depositors up to $250,000 per depositor, per insured bank, for each account ownership category. This means if you have multiple accounts with different ownership categories at GRB, each category will be insured separately up to the limit.
FDIC insurance covers a wide range of deposit accounts, including savings accounts, checking accounts, money market deposit accounts, and certificates of deposit (CDs). Coverage is based on different ownership categories, such as single accounts, joint accounts, certain retirement accounts, and revocable trust accounts. Each category has its own coverage limit.
The FDIC provides resources and tools to help depositors understand their insurance coverage and verify the status of banks. Use the FDIC website to look up whether a bank is insured and review its insurance coverage using the BankFind online tool.
If you have a specific question about FDIC insurance on your accounts, please contact our Relationship Banking Team by phone or by using the contact form below.
Find a Branch or ATM
Need an ATM or GRB Branch? Follow the arrows below to find our branches and surcharge-free ATMs throughout the region, across the country, and even around the world.
Contact Us Today
Use the dropdown below to fill out our ‘Contact Us’ form, and a GRB Relationship Banker will be in touch with additional account information!