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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.

Features Tax Year 2017 Tax Year 2016

HSA Annual Contribution Limits

Individual coverage - $3,400

Family coverage - $6,750

Individual coverage - $3,350

Family coverage - $6,750

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 - $1,300

Family coverage - $2,600

Maximum Out-of-pocket Expenses

Individual coverage - $6,550

Family coverage - $13,100

Individual coverage - $6,550

Family coverage - $13,100

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

GRB Announces CD Rate Increases

14-month CD available at 1.30% APY   

Higher rates also available on both Standard and Elite CDs

 

GROW YOUR MONEY FASTER

BillPay Upgrade is Complete

The BillPay upgrade for both businesses and consumers has been completed and there are a number of new features and capabilities now available.  Click here for more information about the enhancements.

 

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

Promotions Announced at GRB
Promotions Announced at GRB

Please join the GRB team in congratulating Jewel Allred and Courtney Ferenchak on their recent promotions.  

  • Jewel was promoted from Underwriter to Senior Underwriter. Jewel joined GRB in 2014 as a Mortgage Processor and transitioned to the Underwriting department a year later.  She earned her Direct Endorsement (DE) certification in April 2016.
  • Courtney was promoted to Collateral & Documentation Team Leader.  After joining GRB in June 2012, Courtney quickly became a go-to resource on the Collateral & Documentation team and was promoted to a Senior Specialist in January 2014.

As GRB continues to grow, we are pleased to have new opportunities for our team members to learn new skills and take on new challenges.

Thank you to Jewel and Courtney for all your hard work and best of luck in your new roles!

University of Rochester Home Ownership Incentive Program Expansion
University of Rochester Home Ownership Incentive Program Expansion

The University of Rochester has expanded their map for the University Home Ownership Incentive Program to include several new neighborhoods. This program aims to increase the number of full-time and part-time U of R faculty living in and around the University’s River Campus and Medical Center. Up to $9,000 worth of funding may be available and already more than 350 homes have been purchased through the University Home Ownership Incentive Program since it was launched in 2008. The map provided on the GRB Home Mortgage page allows you to search a specific street address to determine if the property qualifies. The map previously included parts of the 19th Ward and the South Wedge and now includes the Upper Mount Hope area, Marketview Heights, EMMA neighborhoods and many more.

To get started, call the U of R Benefits Office at 585.275.0476 to verify your eligibility for the loan. Once you’ve received the go-ahead, you need to complete a grant application from the City of Rochester and discuss mortgage options with us here at Genesee Regional Bank before putting in a purchase offer for any property. You can call us at 585.427.9200 or send us an email. Happy house hunting Rochester!

University of Rochester Home Mortgage 3 3 3 program map

Upgrade Complete for GRB BillPay Solutions
Upgrade Complete for GRB BillPay Solutions

We are pleased to announce that both GRB Business BillPay and GRB BillPay for consumers have completed the upgrade process and now include a number of new features.  

Every effort was made to transfer all scheduled payments and recurring payments to the new solution, but we encourage all customers to verify their accounts as soon as possible.  

Click for a description of the new features: