Savings

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***
Money Market
Statement
Maintain access to your funds, but earn interest on larger balancesEarn higher interest with a higher minimum daily balanceEarn 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 InterestSee website for current interest rates on Elite Money Market accountsCurrent interest rate for Money Market accountsCurrent interest rate for Statement accounts
Online BankingFreeFreeFree
e-statementsFreeFreeFree
Transactions Per Month**Six (6) free per month, withdrawal and transfer limitations applySix (6) free per month, withdrawal and transfer limitations applySix (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.