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Here.
For You.

GRB provides support for businesses and individuals throughout the local community with commercial banking, home mortgage and personal services.

Here.
For You.

GRB advocates for business owners to help strengthen their enterprises and grow their workforce here at home.

Here.
For You.

GRB's local knowledge, competitive lending options and superior service help buyers purchase homes, deepening the roots of our community.

Here.
For You.

GRB offers competitive rates and personal banking services to support every stage of your life.

Here.
For You.

GRB blends personal service and technology solutions for banking tailored to meet your needs.

Here.
For You.

GRB supports businesses and individuals throughout the local community with business banking, home mortgage and personal services. 

Here.
For You.

GRB advocates for business owners to help strengthen their enterprises and grow their workforce here at home.

Here.
For You.

GRB's local knowledge, competitive lending options and superior service help buyers purchase homes, strengthening the roots of our community.

Here.
For You.

GRB blends personal service and technology solutions for banking tailored to meet your needs.

Here.
For You.

GRB offers competitive rates and personal banking services to support every stage of your life.

As the healthcare landscape continues to change, Health Savings Accounts (HSAs) have become an important and alternative way for your employees to save toward future health care expenses on a tax-exempt basis. The GRB Health Savings Account is an interest-bearing deposit account used in conjunction with a High Deductible Health Plan (HDHP). Contact GRB for more information or download our Health Savings Account Overview document for information about current HSA savings limits and other important considerations.

FeaturesTax Year 2017Tax Year 2018

HSA Annual Contribution Limits

Individual coverage - $3,400

Family coverage - $6,750

Individual coverage - $3,450

Family coverage - $6,850

HSA Catch-up Contributions

 $1,000 for an accountholder age 55 or older$1,000 for an accountholder age 55 or older

Minimum Deductible

Individual coverage - $1,300

Family coverage - $2,600

Individual coverage - $1,350

Family coverage - $2,700

Maximum Out-of-pocket Expenses

Individual coverage - $6,550

Family coverage - $13,100

Individual coverage - $6,650

Family coverage - $13,300

All tax references are at the federal level.  State taxes may vary.  Consult a tax advisor with questions.

Contact your insurance provider if you have questions as to whether your health coverae is HSA-qualified.  Other HSA elegibility criteria may apply.

Your personal contribution limit may be lower than the Internal Code maximums.  Individuals are responsible for monitoring their contribution limits.  Please consult your tax advisor with questions about how the limits may apply to your situation.

 

For Individuals

  • Pay for current medical expenses and save for future qualified medical and retiree health benefits, tax-free
  • Easy payment of medical expenses via a HSA debit MasterCard, online banking, or check
  • Qualified expenses include common doctor’s services, prescription drugs, vision and dental care, and hospital services
  • Contact us for more information

For Employers

  • Provides a lower cost health insurance option for employees
  • Employer contributions are not reported as employee income, and payroll deductions are made pre-tax, so you don’t pay FICA on these amounts
  • Contact us for more information
  • Rates

CD Rates are Up...

 

CD Rate Specials March 2018

More great rates on a wide range of business and individual products are available on our Current Rates page.

 

 

 

 

 

 

 

 

 

 

 

 

Here. For You.

As a privately held bank in Monroe County, we have a keen understanding of the region and can provide fast, common-sense decisions. By reinvesting deposits in loans locally, we help grow businesses and nurture neighborhoods.  To support the community, our team members contribute significant time, talent and treasure. 

In the face of continued bank mergers, acquisitions and consolidations,
GRB remains Here. For You.

 

Here...With Home Mortgage Support

At GRB, our experienced mortgage professionals deliver the highest level of service and local decision-making that expedites the process from pre-approval to closing. At GRB, we’re here for you. It’s why GRB has emerged as a leading local mortgage leader. 

Home Mortgage >

Here...To Help Grow Rochester Business

Begin quote symbolFor both business and personal banking, GRB has been here for us and embraces the Isaac motto 'when you need us, we'll be there.'End quote symbol
Ray Isaac, Isaac Heating and Air Conditioning
Commercial Banking >

Here...For Your Day-to-Day Banking Needs

We understand your personal banking needs are unique, so we offer a comprehensive range of products. Whether it’s managing your day-to-day banking, purchasing a new or used car, remodeling the basement, or putting on that new addition, GRB can help.
Personal Banking >

Here...For Rochester Blog

GRB Earns Silver Award for SBA Lending
GRB Earns Silver Award for SBA Lending

We are pleased to announce that GRB has once again been recognized by the U.S. Small Business Administration for its lending activities, earning a "Silver Award" for writing 36 loans worth $6 million to local businesses during the SBA's fiscal year 2017.  In total, our SBA loans helped preserve or add 419 jobs to the region's economy. 

We are also happy to announce that GRB team member Amber Rhinehart was presented with the SBA's "Ignite Award" for her efforts in guiding our SBA customers through the lending process.

As a community bank, we couldn't be more excited about our relationship with the SBA and what these loans mean to small businesses.  Thank you to the SBA and to our local representative Virginia Smith for bringing us good news and advocating for businesses in our community!

Amber accepts Ignite Award from the SBA

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GRB Rolls Out 55,000+ Surcharge-Free ATMs, Just in Time for the Holidays
GRB Rolls Out 55,000+ Surcharge-Free ATMs, Just in Time for the Holidays

Responding to rising ATM fees, Genesee Regional Bank (GRB) has partnered with the Allpoint and STAR® ATM networks to provide the bank’s debit card customers with more than 55,000 surcharge-free ATMs around the world.  The network includes ATMs located within premier retailers in the Rochester region including Wegmans, Speedway, Walgreens, Rite Aid, Sunoco, Costco, Target, Walmart, Sam’s Club and more. 

A 2017 Bankrate.com survey found that ATM fees have risen for the 11th consecutive year, now averaging $4.69 nationally for out-of-network withdrawals.  Coupled with the fact that consumers will use an out-of-network ATM an average of at least 30 percent of the time when they withdrawal cash, ATM fees add up quickly for accountholders.  With the holiday shopping season set to kick off next week, GRB hopes its customers will see an immediate benefit in both convenience and cost savings.

“As a Rochester-based financial institution, we do not want our local customers to pay fees to access their money.  We already offer up to a $10 credit each month for any out-of-network ATM fees, but we think providing more options for surcharge-free ATMs creates an even better experience for our customers,” said Paul Keenan, Senior Vice President, Retail Banking Manager.  “Adding the Allpoint and STAR surcharge-free networks, which have ATMs located in many major retailers, provides considerably more convenience and will help lower costs for our customers as they do their holiday shopping – and on an ongoing basis.”

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Congratulations to Winners of the Greece Small Business Awards Program

 

"Even the largest companies began as a small business.  Our support for this program highlights the importance of all businesses to our community," said Pecora.  "It is vital that we support the development of our community and recognize the efforts of those who are contributing to its economic stability and growth.  Through this awards program, and the work they do every day, the Greece Regional Chamber of Commerce is providing a supportive framework to help business owners achieve success."

If you want to know more about the Greece Regional Chamber of Commerce or the Greece community, check out the radio interview featuring chamber President and CEO Sarah Lentini on Entercom radio on our Facebook page:

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