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.
Gilmore Bank has been serving residents in Los Angeles and surrounding communities since 1955, and has built a solid customer base and reputation by offering competitive and innovative banking products. Below is a look at some of the best deposit and loan benefits this L.A. bank has to offer today.
UChoose Points with Gilmore Bank Visa Check Card
Many people rely on their check cards to make purchases, rather than cash, because it’s much safer and more convenient. However, Gilmore Bank is adding another benefit to using your check card by allowing you to earn UChoose points when you use it as well. These rewards points can be used toward merchandise, travel, etc. and you earn one point for every $2 spent.
In order to begin accumulating points with your Gilmore Bank Visa Check Card, choose credit instead of debit and sign receipts rather than entering your pin. Purchases will be deducted directly from your checking account while you enjoy the advantages of using plastic like protection against unauthorized purchases, automatic bill pay and more.
Reduced Rates on Auto Loans
Gilmore Bank has recently dropped their car loan rates, making financing a new vehicle purchase more affordable than ever. Loans are available for new and used cars, as well as trucks, motorcycles and other vehicles. Current rates are:
- New or used up to 4 years: 5.20% APR
- Used up to 6 years: 6.20% APR
- Used up to 10 years: 6.70% APR
There are no application fees and applicants can be pre-approved by mail, fax or phone. Customers can also get their rates discounted by having payments automatically deducted from their checking accounts.
Use Your Home Equity
You can use the equity in your home to your advantage–whether you have a big expense to cover or need funding for home improvement, your home’s equity can be the source of additional funds you need. Both home equity loans and home equity lines of credit are available from Gilmore, and both may range from $20,000 to $1,500,000.
Please be aware that the terms of these offers are subject to change at any time at the discretion of Gilmore Bank. You may be subject to credit approval and additional requirements in order to obtain one of these offers. Please contact the bank directly for more information.
Established in 1955, Gilmore Bank is a local Los Angeles bank with branches throughout Los Angeles including branches in the city, Irvine and La Canada. Gilmore offers personal banking services such as checking, savings and loans as well as online banking, or Gbanking. Business services include loans, money market and other investment programs.
Gilmore Bank Routing Number
122203507 is Gilmore Bank’s Routing Number. This number can also be found at the bottom of your checks.
Online Banking and Login Info for Gilmore Bank Customers
You may log onto Gbanking–Gilmore Bank’s online banking services program—from the site’s homepage which is: http://gilmorebank.com/default.aspx. It located on the upper-right hand corner of the page.
Gilmore Branch Locations & Hours
Gilmore Bank’s locations and hours are as follows:
Gilmore Bank–Los Angeles
110 South Fairfax Avenue, Los Angeles, CA 90036
Phone: 323-549-2100 fax: 323-931-6813
Full Service Banking
Monday -Thursday: 9 a.m. – 5 p.m. Friday: 9 a.m. – 6 p.m.
Gilmore Bank-La Canada
4536 Rinetti Lane, La Canada-Flintridge, CA 91011
phone: 818-952-8090 fax: 818-952-2143
Business / SBA Lending
Monday – Friday: 9 a.m. – 5 p.m.
Gilmore Bank-Irvine
15615 Alton Parkway, Suite 450, Irvine, CA 92618
phone: 949-271-6500 fax: 949-271-6501