Deposit Rates
Interest rates and annual percentage yields (APY)
are effective as of September 30, 2026
Savings Deposits
| Type | Interest Rate | APY* | Min to Open | Min Daily Balance For Interest | Min Daily Balance to Avoid Fees | Monthly Service Charge |
|---|---|---|---|---|---|---|
| Passbook Savings | 0.15% | 0.15% | $50.00 | $50.00 | $50.00 | $5.00 |
| Statement Savings | 0.15% | 0.15% | $100.00 | $50.00 | $50.00 | $5.00 |
| Holiday Club | 0.25% | 0.25% | $2.00 | $2.00 | $0.00 | $0.00 |
| Rent Security | 0.15% | 0.15% | $50.00 | $50.00 | $50.00 | $5.00 |
* Annual Percentage Yield
There is a minimum balance required to open a Savings Account. Interest is compounded continuously and paid monthly on Passbook Savings, Statement Savings and Rent Security accounts. Holiday Club Accounts are paid simple interest. All Savings Accounts are considered variable rate products. Your interest rate and annual percentage yield may change after account opening at our discretion and at any time. Fees can reduce earnings.
Certificates of Deposit
| Type | Interest Rate | APY* | Min to Open |
|---|---|---|---|
| 1 Month | 2.00% | 2.05% | $500.00 |
| 3 Months | 2.25% | 2.30% | $500.00 |
| 6 Months | 3.25% | 3.35% | $500.00 |
| 7 Months | 1.00% | 1.02% | $500.00 |
| 9 Months | 2.55% | 2.62% | $500.00 |
| 11 Months | 2.65% | 2.72% | $500.00 |
| 12 Months | 3.35% | 3.45% | $500.00 |
| 13 Months | 3.15% | 3.25% | $500.00 |
| 15 Months | 3.15% | 3.25% | $500.00 |
| 18 Months | 3.45% | 3.56% | $500.00 |
| 24 Months | 3.50% | 3.61% | $500.00 |
| 30 Months | 3.45% | 3.56% | $500.00 |
| 60 Months | 3.05% | 3.14% | $500.00 |
* Annual Percentage Yield
To obtain the annual percentage yield on CD’s, you must maintain a minimum balance of $500.00 in the account each day. Interest is compounded continuously and credited monthly. No additional deposits may be made into your account until the maturity date. Early withdrawal penalties may apply.
Please contact GSL Savings Bank at 201-869-9300 for Great Jumbo CD Rates
Individual Retirement Accounts
| Type | Interest Rate | APY* | Min to Open |
|---|---|---|---|
| 6 Months Fixed Rate | 3.25% | 3.35% | $500.00 |
| 12 Months Fixed Rate | 3.35% | 3.45% | $500.00 |
| 18 Months Fixed Rate | 3.45% | 3.56% | $500.00 |
| 24 Months Fixed Rate | 3.50% | 3.61% | $500.00 |
| 30 Months Fixed Rate | 3.45% | 3.56% | $500.00 |
| 18 Month Variable Rate ** | 3.45% | 3.56% | $500.00 |
| IRA Savings Account Variable Rate ** | 0.15% | 0.15% | $50.00 |
* Annual Percentage Yield
To obtain the annual percentage yield on IRA account , you must maintain a minimum balance of $500.00 in the account each day. Interest is compounded continuously and credited monthly. No additional deposits may be made into your fixed rate IRA account until the maturity date. Early withdrawal penalties may apply. Consult your tax advisor. The interest rate and annual percentage yield (APY) for IRA Variable accounts may change at any time, at our discretion, without prior notice.
** The interest rate and annual percentage yield (APY) for the account are variable and may change at any time, at our discretion, without prior notice.
Personal Checking Accounts
| Type | Interest Rate | APY* | Min to Open | Min Daily Balance For Interest | Min Daily Balance to Avoid Fees | Monthly Service Charge |
|---|---|---|---|---|---|---|
| Basic Checking | 0.00% | 0.00% | $100.00 | $0.00 | $300.00 | $3.00 |
| NJ Consumer Checking | 0.00% | 0.00% | $50.00 | $0.00 | $0.00 | $3.00 |
| N.O.W Interest Checking | 0.15% | 0.15% | $100.00 | $100.00 | $500.00 | $10.00 |
| Non Interest Checking | 0.00% | 0.00% | $50.00 | $0.00 | $50.00 | $3.00 |
* Annual Percentage Yield
There is a minimum balance required to open all Checking Accounts. All checking accounts receiving interest are considered variable rate products. Your interest rate and annual percentage yield may change after account opening at any time at our discretion. Fees can reduce earnings.
Money Market Accounts
| Minimum Daily Balance | Interest Rate | APY* | Min to Open | Min Daily Balance For Interest | Min Daily Balance to Avoid Fees | Monthly Service Charge |
|---|---|---|---|---|---|---|
| Super Money Market Account-Minimum Daily Balances $100,000.00 or more | 2.92% | 3.00% | $1,500.00 | $100.00 | $1,500.00 | $15.00 |
| Super Money Market Account-Minimum Daily Balances between $1,500.00 to $99,999.99 | 0.25% | 0.25% | $1,500.00 | $100.00 | $1,500.00 | $15.00 |
| Super Money Market Account-Minimum Daily Balances between $100.00 to $1,499.99 | 0.15% | 0.15% | $1,500.00 | $100.00 | $1,500.00 | $15.00 |
| Super Money Market Account-Minimum Daily Balances between $0.00 to $99.99 | 0.00% | 0.00% | $1,500.00 | $100.00 | $1,500.00 | $15.00 |
| GSL Money Maker Account-Minimum Daily Balances $25,000.00 or more | 3.90% | 4.03% | $1,000.00 | $100.00 | $1,000.00 | $15.00 |
| GSL Money Maker Account-Minimum Daily Balances between $1,500.00 to $24,999.99 | 2.45% | 2.52% | $1,000.00 | $100.00 | $1,000.00 | $15.00 |
| GSL Money Maker Account-Minimum Daily Balances between $0.00 to $1,499.99 | 0.15% | 0.15% | $1,000.00 | $100.00 | $1,000.00 | $15.00 |
* Annual Percentage Yield
The Super Money Market Account is a variable tiered rate account.
A minimum daily balance of $1,500.00 is required to avoid a monthly service charge of $15.00. Interest is compounded daily and paid monthly. Transfers by way of check, debit card, or similar order made payable to a third party is limited to six (6) transfers per month or statement cycle.
The GSL Money Maker Account is a variable tiered rate account.
A minimum daily balance of $1,000.00 is required to avoid a monthly service charge of $15.00. Interest is compounded dally and paid monthly.
All checking, money market accounts, and GSL money maker accounts receiving interest are considered variable rate products. Your interest rate and annual percentage yield may change at any time at our discretion.
All interest rates are subject to change without notice. Call for current rates. Fees can reduce earnings.