Deposit Products
PERSONAL BANKING SOLUTIONS
|
FREE N' EASY CHECKING |
RELATIONSHIP MONEY MARKET |
HEALTH SAVINGS ACCOUNT |
SAVINGS ACCOUNT | |
|---|---|---|---|---|
| Minimum To open | NONE | $5,000 | NONE | NONE |
| Minimum Balance Requirements | NONE | $5,000.00 DAILY (TO AVOID $10 MAINTENANCE FEE) | NONE | $100 |
| Interest | NONE | *TIERED INTEREST (PAID/CREDITED MONTHLY) | *YES (PAID/CREDITED MONTHLY) | *YES (PAID/CREDITED QUARTERLY) |
| Fees | NONE | $10 MONTHLY MAINTENANCE FEE (WAIVED WITH MIN. DAILY BALANCE REQUIREMENT)*** | $20 ANNUAL MAINTENANCE FEE CHARGED EVERY MARCH | $5 QUARTERLY MAINTENANCE FEE (WAIVED WITH MIN. DAILY BALANCE REQUIREMENT)*** |
| Additional Restrictions & Fees | NONE | ** REQUIRES
PRIMARY CHECKING ACCOUNT HELD AT GNB | NONE | NONE |
Additional Services Offered:
Debit/ATM Cards • Night Depository Services • Check Ordering • Auto Transfer • Wire Transfers • Individual Retirement Accounts • Notary Services • Estatements • Online Banking • Mobile Check Deposits • Overdraft Protection • Payroll Origination
*Limitations apply. Additional services may be subject to approval/subject to agreement of terms and conditions.
**Primary checking includes: Free N' Easy Checking account.
***Waived with minimum balance requirement of $5000 or $25,000 aggregate deposit balance with Great North Bank.
Additional services may require additional charges. MUST BE 18+. $25 fee may be charged if account is closed within the first 90 days.
See account disclosures for further information.
Certificates of Deposit
Annual Percentage Yields (APY) are accurate as of 9/12/2024. COMPOUNDING AND CREDITING. Interest will be compounded every month and will be credited to the account every month. The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings. If interest is credited to another account or paid to you by check, this may reduce earnings and may negate the effect of interest compounding. If you close your account before interest is credited, you will not receive the accrued interest. Initial minimum opening deposit is $500.00 to open a certificate account.
Money Market Accounts
Annual Percentage Yields (APY) are accurate as of 09/12/2024. The rate for the Relationship Money Market Account with balances $150,000.00 and greater is 3.20%. The interest rate is variable and subject to change at any time. Interest is compounded and credited to account monthly. Accounts with balances of $50,000 - $149,999.99 = 2.23% APY, accounts with balances of $5,000.00 - $49,999.99 = 1.24% APY, accounts with $4,999.99 or less = 0.00% APY. A service charge will be imposed every month if the daily balance on any day of the month falls below $2,500.00. COMPOUNDING AND CREDITING. Interest will be compounded daily and will be credited to the account every month. If you close your account before interest is credited, you will not receive the accrued interest. The interest rate is variable and subject to change at any time at the banks discretion. MINIMUM BALANCE REQUIREMENTS. A Service Charge of $7.50 will be imposed every month if the daily balance on any day of the month falls below $2,500.00. You must maintain a minimum daily balance of $2,500.00 in the account each day to obtain the disclosed annual percentage yield. Fees may reduce earnings. Initial minimum opening deposit to earn interest on the Relationship Money Market Account is $5,000.00 and customer must have a primary checking account with Great North Bank. Terms and conditions of this offer are subject to change.
Individual Retirement Accounts
Annual Percentage Yields (APY) are accurate as of 9/12/2024. Rates quoted are based on Interest Compounding Semi-Annually and Credited Semi-Annually. $100.00 minimum deposit required to open a retirement account. Early withdrawal penalties may apply. *All rates are subject to change without notice and at our discretion. The rate of variable accounts may change after the account is opened. Fees may also reduce account earnings.
Other Deposit Accounts
Annual Percentage Yields (APY) are accurate as of 9/12/2024. *COMPOUNDING AND CREDITING. Interest will be compounded quarterly and will be credited to the account quarterly. If you close your account before interest is credited, you will not receive the accrued interest. MINIMUM BALANCE REQUIREMENTS. A Service Charge of $5.00 will be imposed every statement cycle if the daily balance on any day of the month falls below $100.00. You must maintain a minimum daily balance of $0.01 in the account each day to obtain the disclosed annual percentage yield. **COMPOUNDING AND CREDITING. Interest will be compounded monthly and will be credited to the account monthly. If you close your account before interest is credited, you will not receive the accrued interest. All rates are subject to change without notice. The rate of variable accounts may change after the account is opened. Fees may also reduce account earnings.