Personal Deposit Accounts
Gouverneur Savings and Loan has been part of the St. Lawrence and Jefferson Counties for more than 130 years. The reason for our success is you, our families, friends, and community. Our appreciation for your loyalty and patronage is reflected in our delivering the very best in customer service and banking products by knowledgeable, dedicated staff.
Our Two Convenient, Secure, and Easy to Use Personal Checking Accounts
Interest or Non-Interest Checking Accounts
Whether you are looking for an interest bearing or non-interest bearing checking account, Gouverneur Savings and Loan has the product for you.
NOW Checking Accounts - (Interest Bearing):
If you are looking to earn interest on the funds in a checking account this could be what you are looking for.
- $25.00 minimum to open the account
- No monthly service charge with a $600.00 daily balance
- Unlimited check writing
Non-Interest Checking Accounts:
This worry-free checking account will allow you access to your funds with no maintenance charges or minimum balances to worry about.
- $25.00 minimum to open the account
- No monthly service charge
- No minimum balance
- No interest
At Gouverneur Savings and Loan you will find access to your checking accounts convenient, safe and easy to use. In addition, you will receive these benefits with either of our checking accounts:
- Online Banking, Mobile Banking & Bill Pay Banking - No charge
- Electronic or Paper Statements - No charge
- ATM, Debit Cards - No charge for in-house & Point of Sale
- Telephone Banking - No charge
- Direct Deposits - No charge
- Mobile Remote Deposit Capture - No Charge
- Automatic Payments - No charge
- Automatic Transfers - No charge
- Bank Checks - No charge when funds are pulled from the account to create the check
Additional Personal Account Services:
- Wire Transfers
- Safe deposit box rentals
Basic Banking Account:
- $25.00 minimum to open the account
- No minimum balance
- No interest
- Limit on number of withdrawals (excluding ATM withdrawals)
- Monthly service charge
Money Market Accounts:
With Gouverneur Savings and Loans Money Market account the more you save the more you earn.
- Rate is based on tiered balance
- Larger deposits earn better interest rate
- No monthly service charge with $2501.00 daily balance
- Limited check writing and withdrawals
Savings and Club Accounts
For more bang for your buck, open a savings account or club account and earn a higher interest rate. You can start saving for your future, your next vacation or holiday with one of these accounts.
Statement Savings Accounts:
Gouverneur Savings and Loan also offers a monthly (quarterly if no account activity) statement savings account. This savings account comes with a monthly statement and is for people on the go and do not want the hassle of carrying a passbook.
- $1.00 minimum to open the account
- $10.00 minimum daily balance to earn interest
- $50.00 balance required to avoid a $5.00 monthly maintenance charge
- No maintenance charge for tax reported owners ages under 18 or 60 years old and over
Holiday Club Accounts:
If you find yourself short of cash every year at holiday time the Holiday Club Account is for you. Deposit a little money in the Club weekly, biweekly or monthly using a payment book or automatic deposit and by holiday time, you will be able to buy everything on your holiday list.
- $10.00 opens the account
- Earn interest with $10.00 balance
- Make weekly, biweekly, or monthly payments
- Automatic deposits or Club book
- 50 weeks of $10.00 equals $500.00 + interest
* Early withdrawal subject to penalty
Vacation Club Accounts:
If you want to take that long awaited vacation but can’t seem to save the money to go? Maybe a vacation club with Gouverneur Savings and Loan would help.
- $10.00 opens the account
- Earn interest with $10.00 balance
- Make weekly, biweekly, or monthly payments
- Automatic deposits or Club book
- 50 weeks of $10.00 equals $500.00 + interest
* Early withdrawal subject to penalty
Certificates of Deposit and IRAs
It is never too early to start thinking about retirement. With the help of Gouverneur Savings and Loans certificate of deposit and IRA plans when you are ready to retire your finances will be ready too!
Certificate of Deposits:
Gouverneur Savings and Loan offers a term savings plan. Lock your cash into a term deposit account and earn more.
- Competitive rates
- Terms: 6, 12, 15, 24, 36 & 48 months
- 36 & 48-month terms receive a one-time bump-up option
* Early withdrawal subject to penalty
IRA Certificate of Deposits:
When you open a retirement plan with Gouverneur Savings and Loan you can rest easy knowing it is always safe and secure and you will have easy access to your funds.
- Traditional or Roth
- Easy access to your funds
- Competitive rates
- Terms: 12, 15, 24, 36 & 48 months
- 36 & 48-month terms receive a one-time bump-up option
* Early withdrawal subject to penalty
Business Deposit Accounts
To be a success not only personally but in your business endeavors, you need a financial institution you can count on, that can help you grow and prosper. So, when the time comes and you are ready to start a new business or move your commercial accounts to a Bank that can help you grow, think of Gouverneur Savings and Loan. Whether you are doing business under an assumed name, a corporation or Limited Liability Corporation Gouverneur Savings and Loan has accounts and benefits tailored to meet your business needs.
Commercial Checking Accounts:
With our Commercial checking account, you will have all the tools necessary at your fingertips to make your business a success.
- Monthly service charge of $7.00
- Daily periodic earnings credit of 1% to offset service charge
- $100.00 minimum to open the account
- No per-items fee
The benefits of opening a commercial checking account with Gouverneur Savings and Loan:
- Online Banking, Mobile Banking & Bill Pay Banking - No charge
- Electronic or Paper Statements - No charge
- ATM, Debit Cards - No charge for in-house & Point of Sale
- Telephone Banking - No charge
- Direct Deposits - No charge
- Automatic Payments - No charge
- Automatic Transfers - No charge
- Bank Checks - No charge when funds are drawn from the account to create the check
- Business Checks
Additional Commercial Account Services:
- Wire Transfers
- Safe Deposit Box Rentals
Money Market Accounts:
Business proceeds can also be placed in a money market account. Here earn a higher interest rate and still have limited access without penalties.
- Rate is based on tiered balance
- Larger deposits earn better interest rate
- No monthly service charge with $2501.00 daily balance
- Limited check writing and withdrawals
Statement Savings Accounts:
If you need a separate account for your sales tax or specially designated funds, try one of the savings accounts. These accounts allow you to earn interest on your money.
- $1.00 minimum to open the account
- $10.00 minimum daily balance to earn interest
- $50.00 balance required to avoid a $5.00 monthly maintenance charge
Certificate of Deposit Accounts:
A certificate of deposit with Gouverneur Savings and Loan allows you to set aside funds that you don’t have an immediate use for and earn more interest than a simple savings account. Just choose your term.
- Competitive Rates
- Terms: 6, 12, 15, 24, 36 & 48 months
- 36 & 48 month terms receive a one-time bump-up option
* Early withdrawal subject to penalty
