Deposit Services
Transaction Account Guarantee Program Glenwood State Bank is participating in the FDIC’s Transaction Account Guarantee Program. Under that program, through December 31, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC’s general deposit insurance rules. NOW accounts and Club NOW accounts are not guaranteed by the FDIC above normal FDIC insurance limits. Select an account type below to learn more about our deposit account options. CheckingGlenwood State Bank features a Club Checking Account. In addition we offer NOW Checking and Free Checking.SavingsMoney Market, Passbook, Kid's Club and Christmas Savings Accounts provide convenient ways to earn interest on your deposits.IRAsIndividual Retirement Accounts provide tax-sheltered retirement savings.CDsEarn competitive interest with flexible terms from 7 days to 5 years.HSAsHealth Savings Accounts provide a smart way to pay for medical expenses.
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