Current Rates
- Personal Checking Accounts
- Business Checking Accounts
- Savings Accounts
- Money Market Accounts
- CDs
- Health Savings Accounts
- Personal Loans
- Home Equity Loans
- Home Equity Lines of Credit
Personal Checking Accounts
| Minimum Balance* | Interest Rate | Annual Percentage Yield | |
|---|---|---|---|
| NOW Account | $1,000 | 0.20% | 0.20% |
*Minimum balance requirement is waived with direct deposit.
All interest rates and product terms are effective 11/1/11 and are subject to change after account opening without notice. Fees could reduce earnings on these accounts. Contact GRB for other terms and conditions of each account type.
Business Checking Accounts
| Minimum Balance* | Interest Rate | Annual Percentage Yield | |
|---|---|---|---|
| Business Checking with Interest | $2,500 | 0.20% | 0.20% |
All interest rates and product terms are effective 11/1/11 and are subject to change after account opening without notice. Fees could reduce earnings on these accounts. Contact GRB for other terms and conditions of each account type.
Savings Accounts
| Minimum Balance* | Interest Rate | Annual Percentage Yield | |
|---|---|---|---|
| Statement | $100 | 0.35% | 0.35% |
| Statement Junior | $25 | 0.35% | 0.35% |
All interest rates and product terms are effective 11/1/11 and are subject to change after account opening without notice. Fees could reduce earnings on these accounts. Contact GRB for other terms and conditions of each account type.
Money Market Accounts
| Average Monthly Balance | Interest Rate | Annual Percentage Yield |
|---|---|---|
| $2,500 - $9,999.99 | 0.25% | 0.25% |
| $10,000 - $24,999.99 | 0.25% | 0.25% |
| $25,000 - $49,999.99 | 0.45% | 0.45% |
| $50,000+ | 0.75% | 0.75% |
All interest rates and product terms are effective 11/1/11 and are subject to change after account opening without notice. Fees could reduce earnings on these accounts. $2,500 is the minimum required to open a money market account. Contact GRB for other terms and conditions of each account type.
CDs
| Term | Minimum Balance | Interest Rate* | Annual Percentage Yield |
|---|---|---|---|
| 7 to 31 Days | $500 | 0.25% | 0.25% |
| 32 Days to 5 Months | $500 | 0.25% | 0.25% |
| 6 to 11 Months | $500 | 0.40% | 0.40% |
| 12 to 17 Months | $500 | 0.75% | 0.75% |
| 17 Month Special | $500 | 1.24% | 1.25% |
| 18 to 23 Months | $500 | 0.90% | 0.90% |
| 24 to 29 Months | $500 | 0.95% | 0.95% |
| 30 to 35 Months | $500 | 1.14% | 1.15% |
| 36 to 47 Months | $500 | 1.24% | 1.25% |
| 48 to 59 Months | $500 | 1.34% | 1.35% |
| 60 Months+ | $500 | 1.49% | 1.50% |
| 24 Month Variable | $500 | 1.62% | 1.63% (50% of 3.25% Prime Rate) |
| 48 Month Variable | $500 | 2.09% | 2.11% (65% of 3.25% Prime Rate) |
All interest rates and product terms are effective 11/1/11 and are subject to change without notice. If you withdraw any of the principal from a CD account before the maturity date, an early withdrawal penalty may be imposed. Fees could reduce earnings on these accounts. Contact GRB for other terms and conditions of each account type.
*Additional 0.25% (APY) given during the initial term of CDs with direct deposit of payroll or retirement income into a GRB account.
Health Savings Accounts
| Daily Balance | Interest Rate | Annual Percentage Yield |
|---|---|---|
| $0 - $2,499.99 |
0.25% | 0.25% |
| $2,500 - $4,999.99 |
0.35% | 0.35% |
| $5,000 - $9,999.99 |
0.60% | 0.60% |
| $10,000 - $24,999.99 |
0.90% | 0.90% |
| $25,000+ | 1.15% | 1.15% |
All interest rates and product terms are effective 11/1/11 and are subject to change after account opening without notice. Fees could reduce earnings on these accounts. Contact GRB for other terms and conditions of each account type.
Personal Loans
| Type of Loan | Annual Percentage Rate* | Term |
|---|---|---|
| Auto - New | 7.00% | 12-60 months |
| Auto - Used | 7.00% | 12-48 months |
| Boats & RVs (new only) | 8.50% | 12-120 months |
| Personal Unsecured | 11.00% | 12-36 months |
| Personal Secured | GRB CD Rate + 3.00%** | 12-60 months |
| Home Improvement | 8.75% | 12-60 months |
| Overdraft Protection | 16.00% | Revolving |
*The APRs shown are current as of 11/1/11 and are available to a customer who has the credit score required by GRB for its best rate, and whose loan or line of credit meets any applicable loan-to-value requirement. Higher APRs are available to customers who do not meet these criteria. All rates and terms are subject to credit qualification. Rates may be lowered an additional 1.00% with a GRB Deposit Relationship. A Deposit Relationship is defined as having payments auto-deducted from a GRB deposit account or direct deposit of income into a GRB deposit account. Deposit Relationship discount is excluded on Overdraft Protection. Rates are subject to change without notice. Contact GRB for other terms and conditions of each account type.
Examples of monthly payments for various types of loans are as follows: The monthly payment for an auto loan of $20,000 with an APR of 7.00% repayable in 72 months would be $340.98. The monthly payment for an unsecured personal loan of $10,000 with an APR of 11.00% repayable in 48 months would be $258.46. The monthly payment for a home improvement loan of $10,000 with an APR of 8.75% repayable in 60 months would be $206.37.
**If secured by GRB deposits or marketable securities, interest rate will be fixed at 3.00% over the GRB CD rate of the same length as the loan term.
Home Equity Loans
| Loan Size | Term | 0% - 80.00% Loan to Value APR* | 80.01% to 85.00% Loan to Value APR* |
|---|---|---|---|
| Up to $50,000 with no deposits | 60-180 months | 7.50% | 8.00% |
| Up to $50,000 with a Deposit Relationship** | 60-180 months | 6.50% | 7.00% |
| $50,000 and up with no deposits | 60-180 months | 7.00% | 7.50% |
| $50,000 and up with a Deposit Relationship± | 60-180 months | 6.00% | 6.50% |
GRB Home equity loan rates are fixed for the first five years. At the end of five years, the loan balance is due in full (balloon payment). A home equity loan may potentially be refinanced at the balloon date, subject to bank approval. Minimum amortization is five years; maximum amortization is fifteen years. Examples of monthly payments for a home equity loan are as follows: The monthly payment for a fixed rate home equity loan of $30,000 with an APR of 6.50% repayable in 120 months would be $340.64. Payments do not include amounts for taxes and insurance premiums, if applicable, and the actual payment obligation will be greater.
*APR = Annual Percentage Rate. The APRs shown are current as of 11/1/11 and are available to a customer who has the credit score required by GRB for its best rate, whose loan or line of credit meets any applicable loan-to- value requirement and, in the case of a home equity loan or line of credit, whose loan or line of credit is secured by the customer’s primary residence. Higher APRs are available to customers who do not meet these criteria. All rates and terms are subject to credit qualification. Rates are subject to change without notice. Contact GRB for other terms and conditions of each account type.
**A Deposit Relationship is defined as having payments auto-deducted from a GRB deposit account or direct deposit of income into a GRB deposit account.
Home Equity Lines of Credit
| Loan Size | 0% - 80.00% Loan to Value APR* | 80.01% to 85.00% Loan to Value APR* |
|---|---|---|
| Up to $50,000 with no deposits | Prime + 2.50% | Prime + 3.50% |
| Up to $50,000 with a Deposit Relationship** | Prime + 0.50% | Prime + 1.50% |
| $50,000 and up with no deposits | Prime + 2.25% | Prime + 3.25% |
| $50,000 and up with a Deposit Relationship** | Prime + 0.25% | Prime + 1.25% |
*APR = Annual Percentage Rate. The APRs shown are current as of 11/1/11 and are available to a customer who has the credit score required by GRB for its best rate, whose loan or line of credit meets any applicable loan-to- value requirement and, in the case of a home equity loan or line of credit, whose loan or line of credit is secured by the customer’s primary residence. Higher APRs are available to customers who do not meet these criteria. All rates and terms are subject to credit qualification. GRB Home Equity Line of Credit minimum rate is 4.00% and maximum rate is 15.00%. Rates are subject to change without notice. Contact GRB for other terms and conditions of each account type.
Closing costs are estimated at $305.00 - $1063.00, but may be higher or lower depending on the final approval of the borrower’s credit limit amount. GRB will pay for all closing costs up to $2,500.00. If the home equity line of credit is closed within the first 36 months, the borrower will be required to reimburse GRB for closing costs paid. GRB reserves the right to charge the borrower all closing costs under certain circumstances.
**A Deposit Relationship is defined as having payments auto-deducted from a GRB deposit account or direct deposit of income into a GRB deposit account.
