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: Thursday, September 24, 2020
| Checking Plan | Annual Percentage Yield* | Interest Rate | Minimum to Open | Daily Balance |
|---|---|---|---|---|
Benefit Interest Checking | 0.01% | 0.01% | $50 | $50 |
| Premium Interest Checking | 0.01% | 0.01% | $50 | less than $2,500 |
| Premium Interest Checking | 0.02% | 0.02% | $50 | $2,500 or more |
*Annual Percentage Yield (APY) is variable and may change after the account is opened. If fees are applied, earnings may be reduced.
Effective Date: Thursday, September 24, 2020
| Savings Plan | Annual Percentage Yield* | Interest Rate | Minimum Balance to Earn Interest and APY | Minimum to Open |
|---|---|---|---|---|
| Savings | 0.02% | 0.02% | $200, if under age 18 there is no minimum balance | $50 |
| Relationship Savings | 0.02% | 0.02% | $50 with a checking account | $50 |
Effective Date: Thursday, September 24, 2020
| Balance | Annual Percentage Yield* | Interest Rate |
|---|---|---|
| $500.00** - $24,999.99 | 0.03% | 0.03% |
| $25,000.00 - $249,999.99 | 0.03% | 0.03% |
| $250,000.00 - $999,999.99 | 0.25% | 0.25% |
| $1,000,000.00 or more | 0.75% | 0.75% |
*Annual Percentage Yield (APY) is variable and may change after the account is opened. If fees are applied, earnings may be reduced.
**$500 minimum balance required to earn the APY. $10 monthly fee if the balance falls below $500.