Deposit Accounts and Interest Rates at Gilmore Bank
If you’re not currently depositing your money in a bank account, you’re not only losing out on interest but special account benefits and perks as well. Los Angeles banks have a lot of services to offer account holders, including local Gilmore Bank. Below is a look at their current deposit accounts and rates.
Gilmore Bank Checking Accounts
Checking accounts are the foundation of personal finance tools and Gilmore Bank has a variety of checking options to meet the individual needs of customers:
- Landmark Checking: 0.05% APY – 0.40% APY
- Personal Interest Checking: 0.05% APY
- Business Interest Checking: 0.05% APY
Personal Checking: The personal checking account is completely free with no monthly fee. It also offers unlimited check writing, free ATM use and free online banking and bill pay. The minimum deposit is $100.
Landmark Checking: This account offers tiered interest so the more you deposit, the more you earn. There’s no monthly fee if you maintain a minimum of $5,000 in your account.
Savings Accounts at Gilmore Bank
Building an emergency fund is vitally important to your financial well-being. A Los Angeles savings account can help you safely put m0ney away and grow it by earning interest. Benefits of the Gilmore Bank savings account, which requires a $100 minimum opening deposit, include:
With a low minimum daily balance, Gilmore Bank Savings is a great way to save for a rainy day and maintain access to your funds in a secure FDIC insured account.
- No service fee when balance is $300 or more or account holder is under 18 years old
- 24-hour access to online and telephone banking
- 3 free withdrawals per quarter
- Quarterly account statements
- .20% APY
Gilmore Certificates of Deposit
A CD is a great way to maximize your savings when you don’t need to access it for a while. In fact, the more hands-off you are with your deposit, the more you’re rewarded. Gilmore Bank CDs have terms ranging from 30 days to five years, as well as jumbo CDs with deposits of $100,000 or more.
The following CDs require a minimum balance of $1,000 and there may be a penalty for early withdrawal:
- 6-Month CD: 0.25% APY
- 1-Year CD: 0.40% APY
- 2-year CD: 0.60% APY
For more information regarding accounts and interest rates at other financial institutions near you, visit Los Angeles Banks.
