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Personal Banking - Part of the HomeBank Advantage from Gorham Savings Bank
You have your own special reasons to save for the future - and we'd like to help you keep those savings secure. Gorham Savings Bank offers a range of savings account options with a variety of features. Talk to a customer service representative and begin your savings program today.


Your money should be safe, earn high interest and be there when you need it. With our Grow&GoSM Savings Account, you can have the security you need in an account that offers both high rates and ready access to your funds.

Our Grow&GoSM Savings Account offers:

  • Interest on savings as high as 2.50 APY for our top tier!*
  • Single statement convenience
  • Optional ATM card
  • Ready access to your money

*APY is Annual Percentage Yield. To earn 2.50% APY, an average daily balance of $75,000.00 is required. Other tiers are available, depending on average daily balance. Tier 5: $25.00-$9,999.99 = 0.35% APY; Tier 4: $10,000.00-$24,999.99 = 0.75% APY; Tier 3: $25,000.00-$49,999.99 = 1.25% APY; Tier 2: $50,000.00- $74,999.99 = 1.75% APY. These rates are effective as of 01/17/05 and are subject to change. The minimum amount necessary to open a Grow&GoSM Savings Account is $10,000.00. A $25.00 average daily balance is required to earn interest. A Gorham Savings Bank checking account is required to open this account.

For complete details on our Grow&GoSM Savings Accounts,
call 839-4796 or e-mail

Savings Accounts earn interest with a $25 minimum balance

With an initial deposit of just $25, you can enjoy the convenience of ATM banking and 24 Hour TouchTone TellerSM service. There's no monthly maintenance service charge and a low $25 average daily balance is required to earn interest. Click here for details and disclosures.

 

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