¹Annual Percentage Yield (APY) assumes interest remains on deposit until maturity. APY is based on interest being paid out annually or at the end of the term. The APY will be less if interest is paid out or credited to another account. Rate applies to deposits from $25,000 to $2,000,000. Minimum average daily balance of $25,000 required to obtain the promotional APY. 8-month CD APR is 5.43%. 12-month CD APR is 5.25%. 18-month CD APR is 5.00%. Account withdrawals not allowed. Any withdrawal triggers account closure and penalties from 3-6 mos. interest depending on term, which will reduce earnings and principal. Account automatically renews at maturity at the interest being paid on the renewal date; no grace period.

²Promotional APY applies only to new Certificate of Deposits and Individual Retirement Accounts, opened with at least 50% of the funds not previously on deposit at Grand Bank within the past 60 days. Rates are effective June 6, 2024, and subject to change without notice. This promotional rate is only transferrable at the sole discretion of Grand Bank for Savings, FSB.

Important Information About Procedures for Opening a New Account or Establishing a New Customer Relationship:
The USA PATRIOT Act is a federal law that helps the government fight the funding of terrorism and money laundering activities.  Federal law requires all U.S. financial institutions to obtain, verify and record information that identifies each person who opens an account or establishes a customer relationship with Grand Bank for Savings, FSB.  What this means for you:  When you open a bank account, we will ask you for your name, address, date of birth, and other information that will allow us to reasonably identify you.  We may also ask to see your driver’s license or other identifying documents at any time.