Savings
Personal savings accounts.
Personal savings options.
All personal savings accounts include unlimited in-person withdrawals and deposits. Free money orders and notary services are included with both our Money Market accounts
Interest is calculated daily and paid quarterly. A minimum deposit of $100 is necessary to open an account. A $3 maintenance fee will be imposed every quarter if the minimum average daily balance is not maintained. For customers under 18 years of age, there are no minimum average daily balance or minimum deposit requirements.
Click “Apply Now” above to apply online.
Interest is calculated daily and paid monthly. You will be charged a $15 monthly maintenance fee if the average daily balance drops below $2,500. For balances below $2,500, interest rates revert to the regular savings rate. A $2,500 minimum deposit is required to open an account.
Click “Apply Now” above to apply online.
Interest is tiered (larger balances are paid higher rates of interest); interest is calculated daily and paid monthly. A $15 monthly maintenance fee will be charged if the average daily balance drops below $5,000. Below $5,000, interest rates revert to the regular savings rate. A deposit of at least $5,000 is needed to open an account.
Click “Apply Now” above to apply online.
A $500 minimum deposit is needed to open an account. A variable rate of interest at 2.5% under prime is paid on these accounts (to a maximum of 5.00% and a minimum of 1.00%). Withdrawals prior to the beneficiary reaching the age of 18 are subject to a penalty. The account type must be changed or the account closed when the beneficiary attains age 21.
Help your kids start building good savings habits! Open an account for $25; interest is paid quarterly, and there are no monthly fees.
Your young (ages 12 and under) savers will enjoy these benefits:
- Free bank and sticker book with prizes awarded when sticker book is full
- Prizes given when balance reaches $100, $200, $300, and for every $100 thereafter
- Random drawings for neat prizes
- Birthday bowl grab
For more information about your savings account options, contact our Personal Bankers directly.
Meet Our Team
Teri Williams
Senior Account Services Representative
(218) 326-9419, ext. 289 teri.williams@grsb.bank
Michael Chambers
Account Services Representative
(218) 326-9419, ext. 234 michael.chambers@grsb.bank