Save

Whether you’re saving up for a big expense, creating an emergency fund, or planning for retirement, we have a variety of accounts that will put your money to work and help you achieve your goals.

Certificates of Deposit (CD)

Our CDs are consistently among the best in Western Massachusetts:

  • Terms ranging from 3 months to 60 months
  • Consumer 6 month “No-penalty” CD option
  • Interest rate is fixed for the term of the CD
  • Interest is payable monthly
  • Withdrawals restricted during term of the CD, significant penalty for early withdrawal
  • $500.00 minimum deposit to open

No-Penalty* Certificate of Deposit (CD)

  • Six month term
  • Interest rate is fixed for the term of the CD
  • Interest is payable monthly
  • Make additional deposits of $250.00 or more at any time
  • $500.00 minimum deposit to open and earn interest

*Withdrawals must be in amounts of $250.00 or more, and be seven (7) days from your last transaction or we will charge you a penalty equal to the loss of ninety-one (91) days of interest.

Statement Savings Account

Our savings account offers a competitive variable interest rate, and easy access to your money when you need it:

  • $10.00 minimum deposit to open
  • Statement Account
  • GCB Online Banking
  • GCB Telephone Banking
  • ATM card access

Accounts that do not maintain an average daily balance of $100.00 or more will be charged a flat monthly maintenance fee of $3.00. Fees are waived for accounts that receive a direct deposit each statement cycle.

Locally Grown Money Market Account

Enjoy a tiered, variable interest rate, and easy access to your money when you need it:

  • Competitive variable interest rate
  • $1,000.00 minimum to open and earn interest
  • Statement Account
  • GCB Online Banking
  • GCB Telephone Banking
  • ATM card access

Accounts that do not maintain an average daily balance of $1,000.00 or more will be charged a flat monthly maintenance fee of $5.00.

Interest rate and APY in effect upon opening is guaranteed to remain the same through June 30, 2024, and is subject to change thereafter. This product is subject to end or change without notice. 

Money Market Account

Enjoy a tiered, variable interest rate, and easy access to your money when you need it:

  • Competitive variable interest rate
  • $1,000.00 minimum to open and earn interest
  • Statement Account
  • GCB Online Banking
  • GCB Telephone Banking
  • ATM card access

Accounts that do not maintain an average daily balance of $1,000.00 or more will be charged a flat monthly maintenance fee of $5.00.

Money Market MAX Account

Maximize your money, and still get easy access:

  • Competitive variable interest rate
  • $25,000.00 minimum to open and earn interest
  • Statement Account
  • GCB Online Banking
  • GCB Telephone Banking
  • ATM card access

Accounts that do not maintain an average daily balance of $1,000.00 or more will be charged a flat monthly maintenance fee of $5.00.