| Products and Services: Savings |
 |
| We know it's important to make saving money
easy. That's why at Bank of Granite, we offer a variety of Personalized
Savings programs. No matter how you choose to save, you can
be assured that you'll receive competitive interest rates coupled
with rock-solid security. Every savings account is backed with
our own brand of personal, friendly attention and is insured
by the FDIC. |
| |
Money Market Deposit Account
Your Money Market Deposit Account is flexible, secure and offers
an attractive rate of return. |
 |
Open an account with a minimum of $1,000.
Make additional deposits at anytime - in person, by mail,
or at any of our automatic teller machines. |
|
Easy access to your funds. Make unlimited
withdrawals and transfers - in person, by mail or at any
of our automatic teller machines. Receive up to six pre-authorized
transfers per month. Three of those may be by check or
draft. |
|
If your average monthly balance falls
below $1,000, there is a monthly charge. You will continue
to earn the interest rate paid on our SolidSavings account. |
|
Receive monthly statements showing interest
which is calculated on a daily basis. |
 |
|
|
| |
Sav-0-Matic
This is the hassle free way to save. All you need to do is authorize
an automatic transfer of $5 or more from your checking account
to your Money Market or SolidSavings account. This service is
free, and you'll be amazed at how quickly savings accumulate. |
| |
SolidSavings
SolidSavings is a traditional savings plan offering rock-solid
reliability. |
|
Open your account with a minimum of
$100. If you are 65 and older or 17 and younger, no minimum
balance is required. For others, a quarterly fee is assessed
for a balance below $100. Maintaining a balance of at
least $700 gives you fee-free checking with a GraniteChecking
account. |
|
This plan allows three withdrawals per
calendar quarter. There is a fee per transaction in excess
of this limit. |
|
Earn a competitive variable rate of
interest. |
|
Receive quarterly statements showing
interest earned daily and compounded quarterly. A service
charge is applied if the account is closed less than 60
days after opening. |
|
|
|
| |
Certificates of Deposit
Solid CDs |
|
Open your account with a minimum of
$2500 and a term as short as 7 days or as long as 4 years. |
|
Lock your money into a competitive rate
of interest. |
| |
| RateBuster CDs |
|
Open your account with a minimum of
$2,500 for a term of 18 months. |
|
Should CD rates increase, your RateBuster
rate increases right along with them. The rate could come
down, but never below the initial rate. |
|
|
|
| Please note that federal laws
mandate interest penalties for early withdrawals on CDs. |
| |
| |
Related Sites
Some information and articles contained on this web site are in the PDF
Format. You will need the Adobe Acrobat Reader plug-in to
view these. 
