GNB Accounts


GNB Classic Account

  • Minimum balance to open the account: You must deposit $200.00 to open this account.
  • Minimum balance to avoid imposition of fees: A service charge of $9.00 will be imposed every statement cycle if the balance in the account falls below $200.00 any day of cycle.

*No images of checks with statement.

GNB Classic Plus Account

  • Rate Information: Check our Rates page for current rates and yields on this account.
  • Frequency and Determination of rates: Interest rates on checking accounts may change at any time.
  • Compounding and Crediting Frequency: Interest will be compounded every day. Interest will be credited to your account every statement cycle.
  • Effect of closing an account: If you close your account before interest is credited, you will not receive the accrued interest.
  • Minimum balance to open the account: You must deposit $200.00 to open this account.
  • Minimum balance to avoid imposition of fees: A service charge fee of $10.00 will be imposed every statement cycle if the balance of the account falls below $700.00 any day of the cycle.
  • Minimum balance to obtain the annual percentage yield disclosed: You must maintain a minimum balance of $1,500.00 in the account each day to obtain the disclosed annual percentage yield.
  • Daily balance computation method: We use the daily method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
  • Accrual on interest on noncash deposits: Interest begins to accrue on the first business day after the banking day you deposit noncash items. (example, checks)

 

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