Savings Accounts

Choose the Right Savings Account for You

Compare our savings account options and find the perfect fit for your financial needs.

Regular Savings

0.25% APY*

Perfect for everyday savings with easy access to your funds.

No minimum opening deposit
No monthly maintenance fee with $300 minimum balance
Free online and mobile banking
Up to 6 withdrawals per month
FDIC insured up to $250,000

High-Yield Savings

2.75% APY*

Maximize your savings with our highest interest rate account.

$1,000 minimum opening deposit
No monthly maintenance fee
Higher interest rates on all balances
Free ATM card with limited transactions
FDIC insured up to $250,000
24/7 customer support

Certificates of Deposit

Up to 3.50% APY*

Lock in higher rates for your medium to long-term savings goals.

Terms from 3 months to 5 years
$500 minimum deposit
Fixed interest rates for term duration
Early withdrawal penalties may apply
Automatic renewal options
FDIC insured up to $250,000

*Annual Percentage Yield (APY) is accurate as of October 1, 2023, and may change after account opening.

Why Save With Global Trust Bank?

Security & Protection

Your savings are protected with FDIC insurance up to $250,000 and advanced security measures.

Competitive Rates

Earn more with our competitive interest rates designed to help your money grow faster.

Digital Convenience

Manage your savings anytime, anywhere with our award-winning mobile and online banking.

No Hidden Fees

We believe in transparent banking with no surprise fees on our savings accounts.

Automated Savings

Set up automatic transfers to make saving effortless and consistent.

Expert Support

Our financial experts are available to help you make the most of your savings strategy.

Compare Our Savings Accounts

Features	Regular Savings	High-Yield Savings	Certificates of Deposit
Minimum Opening Deposit	$0	$1,000	$500
Monthly Maintenance Fee	$5 (waived with $300 min balance)	$0	$0
Current APY*	0.25%	2.75%	Up to 3.50%
Transaction Limits	6 withdrawals per month	6 withdrawals per month	No withdrawals until maturity
ATM Access	Yes	Yes (with limitations)	No
Online & Mobile Banking	Yes	Yes	Yes
FDIC Insurance	Up to $250,000	Up to $250,000	Up to $250,000
Best For	Everyday savings	Maximizing returns	Long-term goals

*Rates are subject to change. Please contact us for current rates.

How to Open a Savings Account

Choose Your Account

Select the savings account that best fits your financial goals and needs.

Gather Documents

Have your government-issued ID, Social Security number, and initial deposit ready.

Apply Online or In Person

Complete our simple application in just 10 minutes online or visit any branch.

Fund Your Account

Make your initial deposit and start growing your savings immediately.

Apply Now Find a Branch

Your Savings Are Protected

At Global Trust Bank, we prioritize the security of your funds and personal information.

FDIC Insured

All our savings accounts are FDIC insured up to $250,000 per depositor, giving you peace of mind that your money is safe.

Advanced encryption technology
24/7 fraud monitoring
Zero liability protection
Secure online and mobile banking

Frequently Asked Questions

APY (Annual Percentage Yield) takes into account compound interest, providing a more accurate representation of what you'll earn on savings accounts. APR (Annual Percentage Rate) typically refers to the cost of borrowing and doesn't include compounding.

Federal regulations limit certain types of withdrawals and transfers from savings accounts to six per month. While we don't charge fees for these transactions, exceeding this limit may result in fees or account conversion. ATM withdrawals and in-person transactions at branches don't count toward this limit.

Yes, you can open multiple savings accounts with Global Trust Bank. Many customers find it helpful to have separate accounts for different savings goals like emergency funds, vacation savings, or down payments.

Funds in regular and high-yield savings accounts are accessible anytime through online banking, mobile app, ATMs, or branch visits. For Certificates of Deposit, your money is locked for the term duration, with early withdrawal penalties applying if you need to access funds before maturity.

You can close your savings account at any time by visiting a branch, calling our customer service, or through online banking if your balance is zero. There are no closure fees, and we'll help transfer any remaining balance to another account of your choice.