Rate Center

Current Deposit Rates

Special Rates

Term / Product Min. Opening Deposit Interest Rate APY*
182 Day Regular (a,b,d) $500 3.23% 3.25%
250 Day America's Birthday Special (a,b)  $1,000 3.45% 3.50%
9 Month Freedom Choice (a,b) $1,000 3.31% 3.35%
18 Month - Special (a,b) $1,000 3.20% 3.25%
24 Month Advantage (a,b,c) $2,500 2.97% 3.00%
36 Month Advantage (a,b,c) $2,500 2.97% 3.00%
50 Month - Special (a,b) $1,000 2.96% 3.00%

Regular Rates

Term / Product Min. Opening Deposit Interest Rate APY*
91 Day Regular (a)  $500 0.60% 0.60%
12 Month Regular (a) $500 1.00% 1.00%
24 Month Regular (a)  $500 2.72% 2.75%
36 Month Regular (a) $500 2.72% 2.75%
48 Month Regular (a)  $500 2.81% 2.85%
60 Month Regular (a) $500 2.72% 2.75 %

*APY = Annual Percentage Yield

(a) An early withdrawal penalty may be imposed.
(b) Must have Garrett State Bank deposit account with a direct deposit. 
(c) 24 Month Advantage CD allows for one increase (bump) in the rate during the term. The 36 Month Advantage CD allows for two (2) changes (bumps) in the interest rate during the 36 month term. See any Customer Representative for further details.
(d) Interest compounds at maturity.

All rates are subject to change at any time without notice.
Contact us at 260/357-3133 with questions.

Term / Product Min. Opening Deposit Interest Rate APY*
60 Months IRA CD (a) $500 2.72% 2.75%
48 Month IRA CD (a) $500 2.81% 2.85%
36 Month IRA CD (a) $500 2.97% 3.00%
24 Month IRA CD (a) $500 2.97% 3.00%
12 Month IRA CD (a) $500 1.10% 1.10%
9 Month IRA CD (a) + $1,000 3.21% 3.25%
18 Month Variable Rate IRA CD (a)(b)(c) $100 2.23% 2.25%

 * APY = Annual Percentage Yield
(a) An early withdrawal penalty may be imposed.
(b) Variable rate product. Rates change monthly.
(c) Additional deposits of as little as $10 can be made during the term of this account.

+ Must have GSB checking

  • All rates are subject to change at any time without notice.
  • Contact us at 260/357-3133 with questions.
Product Min. Opening Deposit Min. Balance to Obtain APY* Interest Rate APY*
Mainstreet Advantage Checking (a)(b) $100 $0.00 (c) .10% .10%
Mainstreet Gold
Checking (a)(b)
 		 $100 $1,000.00 (c)
$20,000.00 (c)		 .10%
.15%		 .10%
.15%
Passbook Savings (a) $100 $0.00 (c) .25% .25%
Christmas Club Savings (a) $5 $0.00 (c) .50% .50%
Money Market (a)(b) $2,000 $0.00 (c)
$5,000.01 (c)
$25,000.01 (c)
$50,000.01 (c)
$100,000.01 (c)		 .10%
.15%
.25%
.75%
1.50%		 .10%
.15%
.25%
.75%
1.51%

 * APY = Annual Percentage Yield
(a) The Interest Rate and APY may change after the account opening.
(b) Fees may be imposed if minimum balances are not maintained. Contact a Customer Service Representative for further information. Fees may affect earnings on these accounts.
(c) Minimum balance is based on the daily balance.

  • All rates are subject to change at any time without notice.
  • Contact us at 260/357-3133 with questions.