We are thrilled to announce the launch of our new line of bank accounts designed to meet the diverse needs of both personal and business customers. Our latest offerings incorporate powerful banking tools that make managing finances easier and more rewarding than ever before. Whether you’re looking to maximize rewards on personal purchases or streamline financial operations for your business, our new accounts are tailored to deliver exceptional value and convenience.
Our new line of personal banking products is crafted to cater to the unique needs of our diverse clientele. Here’s a closer look at what we’re offering:
Our Elite Reward Checking account is perfect for those who want to make the most of their everyday banking. This free account offers up to 4.06% APY on balances up to $25,000. Enjoy unlimited reimbursement of foreign ATM fees, automated BillPay, P2P payments, and the ability to earn rewards points on purchases made with your debit card. Manage your finances effortlessly with online money management and card controls.
Ideal for individuals seeking high returns on their checking balances and who frequently use their debit card for purchases. It’s also perfect for those who travel often and can take advantage of the unlimited ATM fee reimbursements.
| Account | Minimum to Open | Minimum Balance to Earn APY* | Interest Rate | APY* | Compunding Frequency |
|---|---|---|---|---|---|
| Elite Reward Checking | $10 | ||||
| If requirements are met | $0.01-$25,000.00 | 4.00% | 4.06% | Monthly | |
| For Balances over $25,000.00 | $25,000.01 | 0.25% | 4.06%-0.25% | Monthly | |
| *Variable rate, may change after account is opened. Advertised annual percentage yield (APY) valid as of 10/28/2024. For balances over $25,000.00 APY may vary between 4.06%–0.25%. Fees may reduce earnings. To qualify for our higher interest rate, every monthly cycle you must: Have at least FIFTEEN (15) Debit Card purchases post and clear, have at least ONE (1) ACH Direct Deposit post and clear, and receive electronic statements. APY of 0.25% applies if qualifications are not met. Limited time offer. Minimum of $10 to open. For full terms & conditions, visit: BankGloucester.com/disclosures. | |||||
Exclusively available to customers with an active Elite Reward Checking account, our Companion Elite Savings account offers a higher return than our standard savings options, with a competitive 1.00% APY.
A great addition for Elite Reward Checking account holders looking to maximize their savings with a higher interest rate.
Designed for students heading off to college, our Student Checking account comes with no monthly fees if enrolled in e-statements. Students can enjoy up to $20 per month in foreign ATM fee reimbursements, P2P payments, and rewards points for debit card purchases. Plus, all the features are accessible online or through our mobile app, making it easy to manage money on the go.
Available to students who need a fee-free, flexible checking account that provides convenient access to digital account features and rewards for everyday purchases. Under 18 requires a parent’s permission, enrollment verification required after age 25.
Our personal checking products are designed to cater to different lifestyles, offering high rewards, fee-free options, and advanced digital tools to simplify your financial management.
1. Money Management: Link all your financial accounts to track spending, create budgets, and calculate net worth.
2. Debit Rewards: Earn points on debit card purchases and redeem them for merchandise, gift cards, or travel discounts.
3. Card Control: Set limits, turn your card on/off, and receive transaction alerts.
4. BG Pay: Pay bills, send money, and transfer funds securely.
5. Online & Mobile Banking: Access your accounts digitally with through online banking or the BG mobile app.
We are proud to announce our new line of business bank accounts designed to support businesses at every stage, from startups to growing enterprises. Our latest offerings incorporate powerful banking tools that make managing your business finances easier and more efficient. Discover our new business banking products and the incredible features they offer below:
Our Advantage Business Checking account is tailored for growing businesses of any size. It offers all the benefits of our Basic Business Checking plus unlimited wires and ACH, $200 off Remote Deposit Capture device setup, and no monthly fee for RDC service. Maintain a minimum daily balance of $50,000 to waive the $30 monthly service fee.
Who It’s For:
Best suited for businesses that require more extensive banking services and can maintain a higher balance to avoid fees.
Perfect for small businesses and startups, our Basic Business Checking account has no monthly fees, no per check charges, and no minimum balance requirement. This account includes 2 free wires per month, Remote Deposit Capture (subject to setup charge + monthly fee), and 24/7 online & mobile account access.
Who It’s For:
Ideal for small businesses or those just starting out who need a cost-effective, flexible checking solution with essential banking tools.
This account allows businesses to earn up to 1.00% APY on balances of $10,000 or more, with a reduced rate of 0.10% for balances of $9,999.99 or less. There are no minimum balance requirements or monthly service charges.
Perfect for businesses looking to grow their savings with a competitive interest rate and without the hassle of fees.
Our business banking products are designed to provide the flexibility and tools necessary for businesses to thrive. We offer the resources you need to manage and expand your business efficiently.
1. Digital Account Management: Link all your financial accounts to track spending, create budgets, and calculate net worth.
2. Remote Deposit Capture: Working late? With BG Remote Deposit services, you can deposit checks into your account anytime without leaving your desk.
3. Merchant Services: Manage your data and accept all payment types to grow your business.
4. On-Site Setup: Too busy to stop by a branch? Let us come out to you and we’ll get you set up right from your office.
5. Commercial Lending: lending solutions for your business — from commercial real estate loans and construction loans to equipment financing and credit lines.
