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We know you want choices in banking to maximize your return on investment. That’s why we have a full array of accounts for you to choose from, all with different interest rates and balance requirements. At The Guernsey Bank, our account specialists will help you choose the best account for you – one that is sure to fit your financial needs and lifestyle. And, if you’d like us to review your accounts to ensure that you have the best fit, just ask one of our friendly and knowledgeable associates.They won’t bite, we promise!
Click here to fill out and submit an account interest form to The Guernsey Bank. We’ll call you back within 24 hours to discuss your options.
The name says it all! There is no minimum balance fee. If you are 62 or older, you will receive one free box of checks per year. An ATM Card is available upon request. The Jeanie® Card is available subject to credit approval. Personal Deposit
Account Disclosure Information.
- Free check safekeeping
- This is a non interest-bearing account
- Customer will receive a monthly statement with this account
- Free foreign (non-Guernsey Bank) ATM usage (may be charged by owner of ATM)
- Free Online Banking and Bill Pay
Maintain a minimum balance of $500 and you avoid any fees! If you are 62 or older, you pay no monthly service fee and you will receive one free box of checks per year. The ATM Card is available upon request. The Jeanie® Card is available subject to credit approval. Personal Deposit
Account Disclosure Information.
It’s easy to get this account with no monthly fees!
- Maintain a $500 minimum daily balance in this checking account, OR
- Maintain a $500 minimum daily balance in either a Passbook Savings Account or Certificate of Deposit. Please ask for details.
This account earns interest:
- You will earn interest on a balance greater than $500.00. See the Current Rates/Specials page for our most current rates.
- You must maintain a minimum balance of $500.00 each day to obtain the disclosed APY.
- Interest will be compounded and credited to your account on the last day of each month.
- Interest begins to accrue on the business day you deposit non-cash items (i.e. checks)
- Your interest rate and annual percentage yield are determined by the Bank at our discretion and may change at any time.
- Free check safekeeping
- Check Images returned with monthly statement: $7.00/month
- Free Online Banking and Bill Pay
Maintain a higher checking account balance, and get a higher
interest rate. Personal Deposit
Account Disclosure Information.
It’s easy to get this account without a monthly fee by maintaining a $10,000 balance.
Maintain a $10,000.00 minimum daily balance in this checking account.
This account earns interest:
- Refer to the Current Rates/Specials page for the most up-to-date rates for this account.
- You will earn interest on a balance greater than $500.00, but you must maintain a $10,000.00 minimum daily balance to receive the stated APY.
- Interest will be compounded and credited to your account on the last day of each month.
- Interest begins to accrue on the business day you deposit non-cash items (i.e. checks)
- Your interest rate and annual percentage yield are determined by the Bank at our discretion and may change at any time.
Other Important Information
- Check Images returned with monthly statement: $7.00/month
- Free check safekeeping
- Customer will receive a monthly statement with this account
- Free foreign (non-Guernsey Bank) ATM usage (may be charged by owner of ATM)
- Free Online Banking and Bill Pay
The most traditional savings plan! Maintain a minimum balance of
$100 and you avoid any fees. Interest is earned on balances of $100
or more and is compounded and credited quarterly. Personal Deposit
Account Disclosure Information.
- Minimum deposit to open this account is $100.00.
- It’s easy to get this account with no monthly fees! Simply maintain a daily minimum balance of $100.
- Quarterly minimum balance fee is $3.00.
- Interest will be compounded quarterly and credited to your account on the last day of each calendar quarter: March, June, September, December.
- You will earn interest on a balance greater than $100.00.
- Interest begins to accrue on the business day you deposit non-cash items (i.e. checks)
- You must maintain a minimum balance of $100.00 each day to obtain the disclosed annual percentage yield.
- Free Online Banking
With Direct Plu$ you have no passbook to worry about. Instead,
you will receive a quarterly statement. Maintain a minimum balance
of $100 and you avoid any monthly fees. Interest is earned on balances
of $100 or more and is compounded and credited monthly. You will
enjoy unlimited access to your account for deposits and withdrawals.
An ATM Card is available upon request and will provide you 24-hour
access to your Direct Plu$ Account via the ATM. Personal Deposit
Account Disclosure Information.
- Minimum deposit to open this account is $100.00.
- It’s easy to get this account with no monthly fee! Simply maintain a daily minimum balance of $100.00.
- Monthly minimum balance fee is $2.00.
- Interest will be compounded monthly and credited to your account on the last day of each month.
- You will earn interest on a balance greater than $100.00.
- You must maintain a minimum balance of $100.00 each day to obtain the disclosed annual percentage yield.
- Interest begins to accrue on the business day you deposit non-cash items (i.e. checks)
- Free Online Banking
A great way to combine the power of a savings account with some
of the access features of a checking account. Tiered interest rates
mean the higher the balance, the higher the interest rate. Personal Deposit
Account Disclosure Information.
- Minimum deposit to open this account is $1,000.00.
- It’s easy to get this account with no monthly fee! Maintain a minimum daily balance of $1,000.00.
- Monthly minimum balance fee is $5.00 and will be assessed on balances below $1,000.00.
- You may make six (6) withdrawals, automatic or telephone transfers, checks, drafts, and similar transactions from your account per month.
- The minimum amount you may write a check for is $250.00
- Interest will be compounded and credited to your account on the last day of each month.
- Interest begins to accrue on the business day you deposit non-cash items (i.e. checks)
- Free Online Banking
We have terms to meet your needs – anywhere from 91 days to
5 years. We offer competitive interest rates that are compounded
and credited to the CD quarterly. For your convenience, interest
earnings may be automatically deposited into another Guernsey Bank
account. Monthly interest checks are available on balances of $5,000.00
or more. There is no monthly fee for certain Guernsey Bank checking
accounts with qualifying CD balances. Penalty for early withdrawal.
Previous disclosures can be
requested by contacting us.
- The minimum balance to open a standard Certificate of Deposit is $500.00, although there may be CD specials that have higher minimum balance requirements.
- Your account will mature on the date disclosed on the certificate provided you.
- The account will automatically renew at maturity.
- You will have seven (7) calendar days after maturity to withdraw funds without penalty.
- We use the average daily balance method to calculate the interest in your account. This method applies a periodic rate to the principal in the account each day.
- Interest will be credited to your account according to the terms and dates stated on your Certificate of Deposit.
IRAs are a great way to prepare for your retirement. We offer
Traditional and Roth IRA options via Certificate of Deposit. Call
us to today to determine which IRA best fits your needs.
Sign up for this convenient service which electronically links your
Passbook Savings Account, Direct Plu$ Savings, or Money Market with your checking account. If funds are not available
for withdrawal in your checking account, funds will automatically
transfer from savings to checking and cover the outstanding check.
There is a small $3.00 fee per transfer.
Automatically pay monthly bills such as car and mortgage payments.
Have funds withdrawn from your checking account to make your loan
payments. It is so easy!
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