Skip Navigation

A Message From our CEO

by GSB Team

In light of recent news regarding Silicon Valley Bank and Signature Bank in New York, I wanted to assure you that Grand Savings Bank has you, our customer, as our first priority. While I understand you may have concerns, I want you to know that the Grand Savings Bank management team is focused on the continual operation of a well-capitalized institution with a strong balance sheet and quality assets. We have been consistent with our conservative investment strategy to allow for liquidity and sensitivity to market risk. We will continue to serve our customers and their needs.

Thank you for reading this post, don't forget to subscribe!

You have probably seen a lot about customer deposits that are protected by FDIC Insurance. The FDIC insures up to $250,000 in eight separate account categories per depositor, per bank. In the 88-year history of the FDIC, no one has ever lost a penny of an insured deposit.  We have additional resources available to guarantee that your deposits are fully ensured.

Finally, I want to remind you that we have an experienced team that is ready to always assist you with any of your questions or concerns. You can visit your local branch, reach out to your banker, or contact us through our Customer Care Center at 1-800-460-2070. We are all here to help.

Thank you for being a Grand Savings Bank customer. We appreciate you trusting us to be your community bank.

Sincerely,

Guy Cable
CEO

Understand Your Deposit Insurance

FDIC FAQs

FDIC Calculator

What is it?

Grand Savings Bank is a member of the IntraFi network and has the ability to cover your large deposits through ICS and/or CDARS.

With ICS, your funds are placed into demand deposit accounts, money market deposit accounts, or both.

How does this work?

When we place your funds through the ICS or CDARS service, that deposit is divided into amounts under the standard FDIC insurance maximum of $250,000. The funds are then placed in demand deposit accounts or money market deposit accounts (using ICS), or in CDs (using CDARS) at multiple banks. As a result, you can access coverage from many institutions while working directly with just one. You receive one regular statement from our bank for each service in which you participate, and as always, your confidential information is protected.

SOURCE: 2023 IntraFi Network LLC | MEMBER FDIC

Open an Account

Opening an account is safe, simple and secure.

Begin Deposit Application Begin Loan Application
Find a Branch or ATM

We’d love to talk with you face-to-face. Stop by your local branch today.

Our Locations
Send a Message

Questions? Comments? We’d love to hear from you.

Contact Us
Our Blog
A Message From our CEO

A Message From our CEO

In light of recent news regarding Silicon Valley Bank and Signature Bank in New York, I wanted to assure you […]

Let’s Get Digital…for Business!

Let’s Get Digital…for Business!

If you’re a business owner, we know that old phrase rings true: time is money. When you have a business […]

Let’s Get Digital with Grand Banking

Let’s Get Digital with Grand Banking

We love seeing your smiling faces in the branch or the drive-thru lane, but let’s face it: you don’t always […]

Grand Savings Bank has no control over any website hyperlinked to or from this website. Our Terms of Use linked at the bottom of our website explains your agreement when you access such third party sites. Grand Savings Bank is not responsible for your use of a hyperlinked site.