Savings

• Limit of 6 Withdrawals per Month
• Interest is Credited Quarterly With a Statement Mailed No Less Than Semi-Annually
• Minimum Opening Deposit - $50.00
• Dormant Fee of $5.00 Will Be Charged Quarterly if No Activity for One Year or Longer
• $50 Minimum Balance to Avoid a $5.00 Quarterly Fee

• No Minimum Deposit Required to Open Account
• Higher Rate of Interest for Direct Deposit Payout
• Balance in Account Will Be Paid to You by Check or Direct Deposit into an Account of Your Choice the 4th Friday of October.
• No Early Withdrawals Allowed, Account Will Be Closed, Forfeit of Interest Accrued If Account Closed Before Payout.

Certificate of Deposit (CD’s) are a fixed rate, safe, secure deposit. The safety of the deposit is supported by the strong capital of Gateway State Bank in addition to providing FDIC insurance.

• Flexible Maturities From 6 Months to 5 Years
• Interest Compounding Terms as Well as Interest Payment Options Can Be Tailored to Fit Your Individual Needs.

• Higher Interest Rate Offered Than Most Savings Accounts
• Interest Compounded and Credited Semi-Annually and Paid at Maturity
• Unlimited Additional Deposits Can Be Made at Any Time to Account
• Minimum Opening Deposit $100.00
• Funds Are Invested For a Full Year Before Maturity

Gateway State Bank participates in the CDARS program.  CDARS offers you a safe, convenient opportunity to put cash to work, while benefiting from the protection of FDIC insurance on every dollar.  Having us place your funds through CDARS couldn’t be easier and more convenient. Ask a customer service representative for more details.