GRB understands the value of giving you several options for savings. Your Personal Banker will discuss the balances you keep and help you decide your most effective savings strategy.
Elite Money Market***
|Maintain access to your funds, but earn interest on larger balances||Earn higher interest with a higher minimum daily balance||Earn interest with a low minimum balance|
|Minimum to Open||$0||$2,500||$25|
|Minimum Balance||$50,000 in consumer accounts combined (excluding CDs)|
OR $100,000 in personal and business accounts combined (excluding CDs)
|$2,500 to earn interest||$100|
|Service Charge*||Dictated by Elite Checking and uses a combined balance||$10 monthly||$5 quarterly (waived for accountholders under 22 years of age or with an average quarterly account balance of $100 or more)|
|Earns Interest||See website for current interest rates on Elite Money Market accounts||Current interest rate for Money Market accounts||Current interest rate for Statement accounts|
|Transactions Per Month**||Six (6) free per month, withdrawal and transfer limitations apply||Six (6) free per month, withdrawal and transfer limitations apply||Six (6) free per month, withdrawal and transfer limitations apply|
*Service charge will apply if the average daily balance falls below the account minimum.
**Learn more about the Federal Reserve’s Regulation D requirements and how it impacts transactions from your savings or money market account.
*** 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.