Deposit Products

Savings & Investments - Savings accounts are a great way to save money.

Regular Savings Account

• $50.00 minimum to open.
• Variable interest compounded and paid quarterly.
• No service charge on balance of $50 or more. If the balance falls below $50 during the month, the fee is $2.
• Three free withdrawals per month. After three, $1 per withdrawal is charged.
• $12.00 annual maintenance fee for ATM card.
• 24 hour telephone access to your account using Phone Xpress.

Preferred Savings (MMDA)

• $500.00 minimum to open
• You may make six transactions per statement cycle between accounts of the depositor when made in person or by mail. Withdraws in person are unlimited.
• $8/Monthly maintenance fee is waived if minimum daily balance of $1,000.00 is maintained.
• Interest bearing account. Tiered rates may vary.
• 24 hour telephone access to your account using Phone Xpress.

Business Savings MMDA

• $1,000.00 minimum to open.
• You may make six transactions per statement cycle between accounts of the depositor when made in person or by mail. Withdraws in person are unlimited.
• $8/Monthly maintenance fee is waived if minimum daily balance of $1,000.00 is maintained.
• Interest bearing account. Tiered rates may vary.
• 24 hour telephone access to your account using Phone Xpress.

Certificates of Deposit - CD's can be a very important component of your investment plan. Garden City State Bank offers a broad selection. The rate of interest you earn depends on the length of time and the amount of deposit. The Certificate of Deposit earns high interest safely and conveniently. Federal regulations require substantial interest penalties for early withdrawals.

Individual Retirement Accounts - Saving for Retirement? If you are employed and qualify, you may want an Individual Retirement Account. For some individuals, an IRA is an additional benefit, deferring income tax on the amount of savings until the money is withdrawn.