Tell-A-Friend about checking accounts at Gate City Bank. When your friend opens a checking account, you’ll both receive a FREE gift! Learn More
Tell-A-Friend about checking accounts at Gate City Bank. When your friend opens a checking account, you’ll both receive a FREE gift! Learn More
Effective Date: Tuesday, June 28, 2022
| Savings Plan | Annual Percentage Yield* | Interest Rate | Minimum to Open | Minimum Balance to Earn Interest and APY |
|---|---|---|---|---|
| Non-Profit Interest Checking | 0.01% | 0.01% | $50 | $0 |
| Business Interest Checking | 0.01% | 0.01% | $50 | $1,500 |
| Business Savings | 0.02% | 0.02% | $50 | $200 |
| Business Relationship Savings | 0.05% | 0.05% | $50 | $100 with a checking account |
*Maintain the minimum daily balance to maintain the disclosed annual percentage yield. The interest rate and annual percentage yield are accurate as of the effective date shown above only, and are subject to change without notice, at Gate City Bank’s discretion. Fees could reduce earnings on the account.
Effective Date: Tuesday, June 28, 2022
| Annual Percentage Yield* | Interest Rate | Minimum Balance to Earn Interest and APY |
|---|---|---|
| 0.10% | 0.10% | $500.00 - $24,999.99 |
| 0.15% | 0.15% | $25,000.00 - $99,999.99 |
| 0.20% | 0.20% | $100,000.00 - $249,999.99 |
| 0.25% | 0.25% | $250,000.00 - $499,999.99 |
| 0.35% | 0.35% | $500,000.00 - $999,999.99 |
| 0.40% | 0.40% | $1,000,000.00 or more |
*$500 minimum to open. Maintain the minimum daily balance to maintain the disclosed annual percentage yield. The interest rate, annual percentage yield, and daily balance tiers are accurate as of the effective date shown above only, and are subject to change without notice, at Gate City Bank’s discretion. Fees could reduce earnings on the account.
Effective Date: Tuesday, June 28, 2022
| Type | Rate | Minimum to Open |
|---|---|---|
| Earnings Credit* | 0.30% | $50 |
*The Earnings Credit is calculated on the Average Investable Balance. This earnings credit reduces the total activity and monthly charges for services.