GBC provides various account options to meet short and long term cash management needs. We give you a single source for all your banking needs, from straightforward savings and CDs to complex investments. Our personalized co-ordination of all details, forms and other legal documents saves you time.
Here is a list of the various accounts we offer. If you need further information, please contact us.
Minimum opening balance: $5,000. Non-interest bearing. Statements available via internet banking service. If requested for mailing, a charge of $20.00 will be applied. A monthly service charge of $10 is also applied.
CLASSIC SAVINGS ACCOUNT
Minimum opening balance – $5,000. Competitive interest payable quarterly on the minimum quarterly balance. If balance falls below $2,500.00 during any month, a balance deficiency charge of $25.00 will be applied. A monthly service charge of $10.00 is also applied.
GOLD BOND – FIXED DEPOSIT
A Certificate of Deposit (CD) with a minimum value of $25,000. Rates are fixed for a minimum of 6 months to 3 years. Interest is payable semi-annually or annually. Please contact customer service for current fixed deposit rates. Interest earned is not subject to the deduction of withholding tax. Withdrawal of funds before the expiration of the deposit terms will result in a reduction of the rate of interest paid.
On maturity, unless written instructions have been received from the customer to the contrary, interest will be capitalized and the deposit will be renewed automatically for a similar period at the prevailing interest rate.