Personal Accounts

Account Options

Whatever your situation, you'll find an account to fit your needs.

Account statements are provided monthly.  Savings account statements which are not combined with a corresponding checking account, and which have no Reg E activity are generated quarterly.

All GSB Checking Accounts feature unlimited transactions and a low minimum opening deposit of $100. For additional information, contact info@gsb.com or call 847-729-1900.

Checking
Account Balance Required / Fee Interest
eLife Checking

$1 / $10 if below

  • Age 25 or younger
  • At least one monthly direct deposit
  • eStatement

$5 monthly fee waived if any one of the above applies.

 No
Life Checking

$250* / $20 if below.

*Waived with $5,000 balance total in combined GSB savings and /or money market accounts

 Paid on entire balance when average collected balance is $1500 or more during the cycle.

Prime Life Checking

Minimum age is 50

None Paid on entire
collected balance
Savings
Account Balance Required to Open & Maintain / Fee Transaction limits Interest
Life Savings $150 / $9 quarterly fee if below

Unlimited deposits.

No more than six preauthorized withdrawals, automatic or telephonic transfers, checks, drafts, and debit card or other similar transactions from your account per month or statement cycle.

Excess withdrawals are $1.50 each

 Yes, based on daily collected balance method, accrued daily, compounded and credited quarterly.
Junior Life $1 / None
Teen Life $50 / $9 quarterly fee if below
Life Money Market $1,500 / $15 monthly if below Same as above Minimum check amount is $500. Excess withdrawals $15 each. Yes, based on daily collected balance method, accrued daily, compounded and credited monthly for Money Market Accounts.