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Member FDIC | Member SIF

GCB's CD, IRA, Savings and Money Market Rates Are Very Competitive!
We work hard to offer customers the best rates and the best products.

Important Notice: You must reside in our deposit area to open an account with us. Our deposit area is Franklin and Hampshire Counties in Massachusetts, parts of Southern Vermont, and parts of Southern New Hampshire.

To view or print one of our deposit account disclosures, CLICK HERE

CERTIFICATE OF DEPOSITS "CD" PRODUCTS (1)
SPECIAL CD PRODUCTS (3) Interest Rate

Annual Percentage Yield (APY)

8 Month "One-Up" Special CD (4)
0.40%
0.40%
15 Month Special CD
0.75%
0.75%
 
REGULAR CD PRODUCTS (2)
Choose Your Term
Earns an
Interest Rate of
Equals an Annual
Percentage Yield of
6 Month CD
0.45%
0.45%
6 Month "No-Penalty" CD (5)
0.20%
0.20%
7 Month CD
0.50%
0.50%
12 Month CD
0.50%
0.50%
18 Month CD
0.75%
0.75%
24 Month CD
0.95%
0.95%
30 Month CD
0.95%
0.95%
36 Month CD
1.04%
1.05%
48 Month CD
1.24%
1.25%
60 Month CD
1.54%
1.55%

Important Information:

(1) Applicable to ALL types of CD’s (including specials):
All CD accounts require a $500.00 minimum balance to open and earn the APY stated. Available for consumer accounts only. Rates and terms are offered as of 04/01/2014 and are subject to change or termination without notice. APY’s stated assumes that principal and interest remain on deposit until maturity. There is a Substantial penalty for early withdrawal. Fees may reduce earnings on account. CD accounts have a fixed interest rate for the term of the certificate and may only be changed upon renewal at maturity (except for 8 month One-Up, see below). These rates are non-indexed. No additional deposits may be made to a CD except at renewal. Additional terms and conditions for different types of CD’s are listed below. See bank for details.

(2) Applicable to Regular CD’s only: If no action is taken at maturity, then CD’s will automatically renew for the same length term at the interest rate in effect on the maturity date for that term certificate.

(3) Applicable to Special CD’s only: If no action is taken at maturity, then Special CD’s automatically renew for a 6 month term at our regular 6 month CD rate, regardless of the original term of the Special CD.

(4) Applicable to One-Up CD’s only: The “One-Up” feature of the 8 month special CD guarantees that if a higher APY becomes available on new GCB 8 month “One-Up” special CD’s during the term of this CD, you may elect in writing (1 time only) to increase the rate to the higher APY with no penalty. If you choose to do so, the CD will be renewed at the higher APY for a new 8 month term.

(5) Applicable to No-Penalty 6 month CD’s only: The 6 month “No-Penalty” CD’s allow additional deposits of $250.00 or more until maturity without restriction. No penalty withdrawals apply if: (i) a $500.00 minimum balance is maintained, (ii) any withdrawals are in the amount of $250.00 or more, and (iii) at least 7 calendar days have passed since the last transaction.

GCB'S MONEY MARKET ACCOUNTS
Regular MONEY MARKET Account (8)
Interest Rate
APY (7)
$10 to $9,999
0.15%
0.15%
$10,000 to $24,999
0.15%
0.15%
$25,000 to $49,999
0.15%
0.15%
$50,000 and up
0.20%
0.20%
 
GCB's High Yield "PINNACLE"
MONEY MARKET Account
(9)
Interest Rate
APY
$2,500 to $49,999
0.20%
0.20%
$50,000 and up
0.30%
0.30%

(7) Applicable to ALL Money market type accounts: APY effective as of 04/01/2014. APY is a variable rate and subject to change daily. Rates and terms subject to change or termination without notice.

(8) Applicable to Regular Money Market account: $10 minimium to open regular Money Market Account and earn APY stated.

(9) Applicable to Pinnacle Money Market Account: $2,500 minimum to open Pinnacle Account and earn the APY stated. Maximum account is $250,000. Pinnacle Account holders are eligible for additional benefits including no-fee traveler's checks, no-fee money orders, $250 closing cost credit for GCB 1st mortgage, and 1/4% discount on GCB consumer loans. To get extra benefits, your Pinnacle account must remain open and above the $50,000 minimum . Accounts closed within 6 months of opening are subject to an early closeout fee. Fees may reduce earnings on the accounts. See bank for details. Subject to change without notice.

REGULAR SAVINGS and NOW ACCOUNTS
GCB's Regular Savings (statement and passbook available) (10)
Interest Rate
APY
$10 to $499
0.05%
0.05%
$500 and up
0.05%
0.05%
GCB's Club Accounts (Christmas & Vacation Clubs) (10)
Interest Rate
APY
$10 and up
0.15%
0.15%
 
GCB's NOW Accounts (11)
Interest Rate
APY
$10 to $24,999
0.03%
0.03%
$25,000 and up
0.03%
0.03%

(10) Applicable to Regular Savings & Club Accounts:
A $10 minimum is required to open any Regular Savings, Club Account or NOW Account at GCB. You must maintain the balance shown to earn interest on the account at the rate shown. APY is as of 04/01/2014, is a variable rate, and is subject to change daily. All Rates and terms are subject to change or termination without notice.

(11) Applicable to NOW accounts:
$10.00 minimum balance is required to open any checking/ N.O.W. account. Monthly per check fees waived when you have direct deposit OR if you maintain a $500 minimum daily balance. Free Online Banking available. MasterCard Debit® card has no annual fee or per use fees when used at participating merchants. APY is as of 04/01/2014, is a variable rate, and is subject to change daily. Free ATM use at any of our 5 convenient ATM locations in Greenfield, Northfield, Sunderland and Shelburne. Other ATM service related charges and non-GCB ATM fees may apply. See bank for details.

 
IRA CERTIFICATE OF DEPOSIT "CD" ACCOUNTS (12)
IRA CD'S (12)
Choose Your Term
Interest Rate
APY (12)
6 Month CD
0.45%
0.45%
7 Month CD
0.50%
0.50%
12 Month CD
0.50%
0.50%
18 Month CD
0.75%
0.75%
24 Month CD
0.95%
0.95%
30 Month CD
0.95%
0.95%
36 Month CD
1.04%
1.05%
48 Month CD
1.24%
1.25%
60 Month CD
1.54%
1.55%
(12) Applicable to ALL types of IRA CD’s:
All IRA CD accounts require a $500.00 minimum balance to open and earn the APY stated. Available for consumer accounts only. Rates and terms are offered as of 04/01/2014 and are subject to change or termination without notice. APY’s stated assumes that principal and interest remain on deposit until maturity. IRA CD accounts have a fixed interest rate for the term of the certificate and may only be changed upon renewal at maturity. These rates are non-indexed. No additional deposits may be made to an IRA CD except at renewal. Substantial penalty for early withdrawal, IRS penalties may apply. Contact your tax professional. Fees may reduce earnings on account.
 
IRA MONEY MARKET ACCOUNTS (13)
IRA MONEY MARKET ACCOUNT (13)
Interest Rate
APY (13)
$10 to $9,999
0.15%
0.15%
$10,000 to $24,999
0.15%
0.15%
$25,000 to $49,999
0.15%
0.15%
$50,000 and up
0.20%
0.20%
(13) Applicable to IRA Money Market type accounts:
APY effective as of 04/01/2014. APY is a variable rate and subject to change daily. Rates and terms subject to change or termination without notice. $10.00 minimum to open IRA Money Market Account and earn APY stated. IRS Penalties for early withdrawals may apply please contact you tax professional.
 
FOR MORE INFORMATION CONTACT:

Lisa Granger, 63 Federal St, Greenfield - 413-772-5000 ext. 111
Theresa Perkins, 63 Federal St, Greenfield - 413-772-5000 ext. 225
Matthew Hall, 63 Federal St, Greenfield - 413-772-5000 ext. 115

Cynthia Gonzalez, 277 Federal St, Greenfield - 413-772-5000 ext. 215
Kelly Wallace, 277 Federal St, Greenfield - 413-772-5000 ext. 216
Timothy McCarthy, 277 Federal St, Greenfield - 413-772-5000 ext. 212

Shawn Streeter, 144 Main St, Northfield - 413-498-5301
Charles Leach, 144 Main St, Northfield - 413-498-5301

Anita Michonski, 18 Amherst Rd, Sunderland - 413-665-6744
Chris Luippold, 18 Amherst Rd, Sunderland - 413-665-6744

Jane Trombi, 33 Bridge Street, Shelburne Falls - 413-625-6357
Nurten Foster, 33 Bridge Street, Shelburne Falls - 413-625-6357

Brenda Denison, 176 Avenue A, Turners Falls - 413-512-5012
Angela Marvell, 176 Avenue A, Turners Falls - 413-512-5012

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