Savings

GRB understands the value of giving you several options for flexible, low-cost savings accounts. Maintaining a savings account is important to your financial future and can be used to:

  • Limit your temptation to spend by keeping money separate from a more easily accessible (spendable) checking account.
  • Provide a focus on savings, creating good habits that will really pay off in the long run. Use a savings account to put money aside for a “goal,” like a trip or buying a home.
  • Keep a little money for a rainy day (think car repair, sudden job loss, illness).
  • Insure your money through the FDIC (up to $250,000). When cash is left at home, it can be lost to theft, flood, fire, etc.

Reach out to a GRB Personal Banker to discuss the balances you plan to keep in your savings account and what your financial goals and timeline are so you can decide on an effective savings strategy.

Still have questions? Read our Checking and Savings Account FAQs for more information.

Elite Money Market**
Maintain access to your funds, but earn interest on larger balances
Money Market
Earn higher interest with a higher minimum daily balance
Statement
Earn interest with a low minimum balance
Minimum to Open
Minimum to Open
$0
Minimum to Open
$2,500
Minimum to Open
$25
Minimum Balance
Minimum Balance
$50,000 in consumer accounts combined (excluding CDs)

OR $100,000 in personal and business accounts combined (excluding CDs)
Minimum Balance
$2,500 to earn interest
Minimum Balance
$100
Service Charge*
Service Charge*
Dictated by Elite Checking and uses a combined balance
Service Charge*
$10 monthly
Service Charge*
$5 quarterly (waived for accountholders under 22 years of age or with an average quarterly account balance of $100 or more)
Earns Interest
Online Banking
Online Banking
Free
Online Banking
Free
Online Banking
Free
e-statements
e-statements
Free
e-statements
Free
e-statements
Free

*Service charge will apply if the average daily balance falls below the account minimum.

** 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.

Contact us

  • Call 585.249.1540 or fill out the form below and a GRB representative will contact you within one business day to answer any questions or discuss your options. Fields marked with an * are required.

    Please do not include any non-public personal or sensitive information (such as SSN, account numbers, or income), as email messages may not be secure and/or confidential.