DEPOSIT RATES

Rates Effective

Account Type

Minimum
Balance to Obtain APY 1, 2

Interest
Rate

Annual Percentage Yield (APY) 2

Account Features

Now Interest Checking, Checking
Gibraltar Bank
Red Carpet NOW Plus Interest Checking4, 6 $1,500 0.05% 0.05% $20 to open; $15 monthly service fee* on average daily balance below $7,000
$7,500 0.25% 0.25%
$35,000 0.05% 0.05%
 
Red Carpet NOW Interest Checking4, 6 $800 0.05% 0.05% $20 to open; (Graduates $10) $10 monthly service fee* on average daily balance below $3,500
$4,000 0.15% 0.15%
$20,000 0.05% 0.05%
 
Basic NOW Interest Checking4 $100 0.05% 0.05% $20 to open; (Seniors $10) $6 monthly service fee* on average daily balance below $500
$750 0.05% 0.05%
$15,000 0.10% 0.10%
 
Totally Free Checking No interest; $20 min to open; NO monthly service fee
Money Market Accounts
Gibraltar Bank
Red Carpet Money Market Plus $2,500 0.15% 0.15% $20 to open; $20 monthly service fee* on daily balance below $10,000
$25,000 0.20% 0.20%
$50,000 0.30% 0.30%
$75,000 0.35% 0.35%
 
Red Carpet Money
Market 4
$1,000 0.10% 0.10% $20 to open; $15 monthly service fee* on daily balance below $5,000
$7,500 0.15% 0.15%
$15,000 0.15% 0.15%
$25,000 0.15% 0.15%
Savings
Gibraltar Bank
First Class Statement Savings $5,000 1.00% 1.00% $5,000 to open; $10.00 monthly service fee* on daily balance below $5,000.
 
Red Carpet Passbook 4, 6(a) $2,500 0.10% 0.10% $10 to open; $4.00 monthly service fee* on daily balance below $1,000
 
Red Carpet Statement 4, 6(a) $2,500 0.10% 0.10% $10 to open; $6.00 monthly service fee* on daily balance below $1,000
 
URock Young Savers
Passbook or Statement
$.01 0.50% 0.50% $50.00 to open, no monthly service fee
 
Basic Passbook 4 $50 0.05% 0.05% $10 to open; $1.50 monthly service fee* on daily balance below $50
$500 0.10% 0.10%
 
Basic Statement 4 $150 0.05% 0.05% $10 to open; $2.50 monthly service fee* on daily balance below $150
$1,500 0.10% 0.10%
 

Account Type

Term

Interest Rate

Annual Percentage Yield 2

Min Balance to Obtain APY 1, 2

Account Features

Time Deposits
Gibraltar Bank
A penalty is imposed for early withdrawal of principal. Rate terms described in this rate sheet apply only to new accounts opened during the offering.
Red Carpet CD / IRA 7, 8

15 Month 1.34% 1.35% $2,500 $2,500 to open
25 Month 1.64% 1.65% $2,500
40 Month 1.73% 1.75% $2,500
46 Month 1.83% 1.85% $2,500
58 Month 1.98% 2.00% $2,500
 
CD / IRA

3 Month 0.10% 0.10% $500 $500 to open
6 Month 0.10% 0.10% $500
9 Month 0.15% 0.15% $500
30 Month 1.09% 1.10% $500
* Minimum balance monthly service fee waived for first statement cycle of account opening.
(1) Minimum Balance, the amount of Principal in the account each day, also known as Daily Balance.
(2) The APY is calculated for one year and assumes principal and interest remain on deposit . Fees, if any, may reduce earnings.
(3) The interest rate on this account is variable. We may change the interest rate at any time without notice. Fixed rate feature for new account relationships opened during a promotion. Tiered Account:
(4) Entire current balance earns on the Tier.
(5) Each earning portion of the balance earns at the rate of the specified tier.
(6)
Requires within 45 days of account opening:(a) Qualifying Direct Deposit; or (b) 10 or more monthly third party payments via check, EFT, ACH, Signature based POS, or Online Billpay; or (c) Auto Pay to a Gibraltar Home Loan.
(7)
Transfers permitted for depositors with $50,000 or more on deposit at Gibraltar Bank. Depositors who also have a current Gibraltar Bank home loan may transfer from their Gibraltar deposit account regardless of amount on deposit. Else, funds to open must not have been previously on deposit with Gibraltar in the past 30 days.
(8) CD automatically renews at first maturity to the next higher term standard term account.
(10) CD automatically renews at first maturity to a standard CD account of same term or next lower term if same term not offered.
   

Interest on Savings accounts is compounded monthly and credited monthly.

Member FDIC. Deposits insured by the Federal Deposit Insurance Corporation to at least $250,000 for each depositor.

 

The above is provided for Informational Purposes ONLY. Ask for our Truth in Savings Disclosure for a full disclosure of account terms, account fees and other pertinent information.

 
 

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