||Financial Services Designed to Meet Your Needs
Personal Banking — Savings
Glens Falls National offers a variety of savings products created
with you in mind, to meet your financial needs and work with your
daily schedule. We would be happy to provide you with additional information
on any of our services and help you find the best savings account
to serve your needs. Please call any of our 29 offices or 793-4121
or contact us through our website.
SAVINGS ACCOUNT SERVICES
Basic Savings / Kidificate — A continual term, variable rate account with no minimum deposit required to open. Low minimum daily collected balance required to avoid monthly service charge and to earn interest. Earned interest may be credited to another Glens Falls National Bank and Trust Company checking or savings account. Designed to make saving easier. Service charges waived on Kidificate accounts.
Cornerstone / Cornerstone Plus — A relationship account for saving and investing. Tiered, continuous term variable rate account with no minimum deposit required to open. Minimum balance required to avoid monthly maintenance fee.
Money Market / Money Market Gold / Diamond Money Market— Tiered, continuous term, interest bearing account. Minimum deposit required to open and to avoid monthly maintenance fee.
Certificates of Deposit — Competitive
rate of interest offered based on term of certificate. Minimum deposit
required. Certificate may be used as collateral for Glens Falls
National Bank loans. All Certificates of Deposit renew automatically
at the prevailing rate, penalty for early withdrawal. Certificates
of deposits range in terms from 90 days to five years. Tax Deferred
and Retirement Planning Certificates of Deposit are also available.
Individual Retirement Account — Retirement savings plans with options. Establish a new IRA, transfer or rollover into money market rates, fixed rates or fully managed accounts. Minimum deposit to open, maximum annual deposit requirements.
Automatic Holiday Club— This account earns a competitive fixed rate and provides for a systematic means of savings. Automatic deduction only, based on aggregate deposits made over a 52 week period. Interest is paid on all competed automatic deduction clubs.
First Home Club — A continuous term account with no minimum deposit required to open. Minimum daily collected balance required to earn interest. This is a variable rate account.
Money 200 Club — A low cost savings account with enrollment in the Money 2000 program through Cornell Cooperative Extension. Low minimum daily collected balance to earn interest. No service charge or withdrawal fees. Additional access through an ATM/24 Hour Banking Card for Savings only or a Visa® Debit Card if linked to a checking account.