Deposit Products to Fit Your Needs
We’re Ready to Help.
We offer a wide range of deposit products designed to meet your financial needs and help you achieve your savings goals. Whether you're looking to open a simple savings account, a high-yield certificate of deposit (CD), or a flexible money market account, we have the right solution for you. Our deposit products come with competitive interest rates, easy access to your funds, and robust online banking features. At Galion Building and Loan, your financial security and growth are our top priorities, and we are committed to providing you with the best banking experience possible. Explore our deposit options today and take the first step towards a brighter financial future.
Need Help or Advice?
You’ll find the management and staff at GB&L capable and ready to provide sound financial assistance whatever your need might be.
Call the loan department at 419-468-3113 or email us at mortgage@gblbank.com
NOW Checking
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$100.00 minimum deposit to open
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Interest earning account
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No monthly service charge if an average daily balance of $250.00 is maintained, direct deposit, age 50 and older or automatic payment of GB&L mortgage loan
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First 60 checks are free
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Inactivity fee of $2.00 per month will be assessed if the account is inactive for 12 months
Business Checking
Non-Interest Earning Business Accounts (Corporations, Partnerships, For Profit Associtations)
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$500.00 minimum deposit to open
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Average daily balance of $1,000.00 must be maintained to avoid $15.00 monthly service charge
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Inactivity fee of $2.00 per month will be assessed if the account is inactive for 12 months
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Allows 50 checks and 50 deposit items per month. Checks or Deposit items over 50 per month will be charged based upon average usage with negotiated per month flat fee subject to periodic review
Billy Buck
Kids' Club
Billy Buck Kids’ Club will teach children between the ages of 1 to 13 what they need to know about saving money early and spending money wisely.
As a Billy Buck Kids’ Club member, you will receive your very own account, so you can learn firsthand how to manage your money!
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For children through age 13
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$1.00 minimum deposit to open
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Interest will be compounded every quarter
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Interest rate is subject to change at bank’s discretion
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Interest will accrue on your account daily
Savings and Investment Products
Galion Building and Loan has a broad range of savings products tailored to suit your savings needs.
We understand that building your financial future requires a combination of smart savings and strategic investments. Our comprehensive range of saving and investment products is designed to help you grow your wealth and achieve your long-term goals. From traditional savings accounts and high-yield money market accounts to diversified mutual funds, stocks, and bonds, we offer personalized solutions to suit every investor's needs. With expert financial advice, cutting-edge online tools, and a commitment to your success, Galion Building and Loan is your trusted partner on the path to financial prosperity. Discover how our saving and investment products can work for you and start planning for a secure and rewarding future today.
Money Market Account
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$2,500 minimum deposit to open
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A $10.00 monthly service charge will be imposed each month if the average daily balance for the monthly statement falls below $10,000.00
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Interest will be compounded and credited to your account monthly
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Interest will accrue on your account daily
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Interest rate is subject to change at bank’s discretion
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Inactivity fee of $2.00 per month will be assessed if the account is inactive for 12 months
Super NOW Account
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$2,500.00 minimum deposit to open
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A $5.00 monthly service charge will be imposed each month if the average daily balance for the monthly statement falls below $2,500.00
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Interest will be compounded and credited to your account monthly
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Interest will accrue on your account daily
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Interest rate is subject to change at bank’s discretion
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Inactivity fee of $2.00 per month will be assessed if the account is inactive for 12 months
Certificates of Deposits
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Fixed Returns: Enjoy peace of mind with a guaranteed interest rate throughout the term.
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Flexible Terms: Choose from a variety of durations to fit your financial goals, from short-term options to longer commitments.
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Safety: Your funds are securely invested, making CDs one of the most dependable savings tools available.
Statement and Savings Account
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$5.00 minimum deposit to open
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Interest will be compounded every month
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Interest rate is subject to change at bank’s discretion
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Interest will accrue on your account daily
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Can be accessed via ATM or Debit Card
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Detailed monthly statement of the activity on your account
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$2.00 per month service charge will be assessed if the average monthly balance falls below $50.00
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Inactivity fee of $2.00 per month will be assessed if the account is inactive for 36 months
Super Saver Account
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$2,500.00 minimum deposit to open
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Interest will be compounded every month
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Interest rate is subject to change at bank’s discretion
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Interest will accrue on your account daily
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Transactions limited to six per month
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$5.00 per month service charge will be assessed if the average daily balance for the monthly cycle is below $2,500.00
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Inactivity fee of $2.00 per month will be assessed if the account is inactive for 12 months
Christmas and Vacation Club Accounts
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$1.00 minimum deposit to open
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Interest will be compounded every quarter
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Interest rate is subject to change at bank’s discretion
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Interest will accrue on your account daily
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Christmas Club accounts closeout around the 3rd Friday of October.
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Vacation Club accounts closeout around the 3rd Friday of May.
