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Wish there was a business bank that had what you really need? Say hello to Connect.
Connect represents a better kind of banking, where the products you really need are available to open in minutes, from wherever you are. Backed by industry-leading technology, this is what digital banking should be: for you.
Digital Business Banking Your Way With GSB Connect
GSB Connect for Business is backed by 150 years of no-nonsense banking, designed with you in mind – and interest rates that make CFOs do a double-take. We aren’t beholden to investors or the stock market; we’re here to bring you the real banking products you need. Whether you’re growing, expanding, or protecting your business, GSB Connect digital business banking solutions drive greater efficiency and value at the speed you need.
GSB Connect: Our Banking Products
What makes GSB Connect for Business different?
High-Yield Business Savings accounts are designed to support business savings goals. For monthly average balances between $1.00 and $1,000,000, you can earn 3.50% APY. On balances above $1,000,000, you’ll earn an Annual Percentage Yield (APY) of 3.50% – 2.50%.
Business bank rates are subject to change based on market rate fluctuations. But, there are no transaction limitations, so you can transfer your money as you see fit.
High-Yield Business Savings has NO fees or minimum balance requirements, and there are no limits on the number of monthly transactions. You can open an account for as little as $1.00!
Utilize our quick and easy digital account opening platform, and you can expect to have a new account ready for use within 5 minutes!
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Explore other Business productsDisclosures
High-Yield Business Savings Offer: Earn an interest rate of 3.45% with a 3.50% Annual Percentage Yield (APY) for balances between $1.00 and $1,000,000. and an interest rate of 2.47% with an Annual Percentage Yield (APY) of 3.50% – 2.50% on balances above $1,000,000. $1.00 minimum to open, and $1.00 minimum daily balance required to obtain the disclosed annual percentage yield. Available to open online only, not available in-branch. New & existing customers eligible, but funding may not come from a current GSB account. Connecticut residents only. Digital banking and eStatements enrollment required. One account per business. Rates on all balances subject to change based on future market conditions.
6-Month Business CD Offer: Earn a 4.25% Annual Percentage Yield (APY) on a 6-month CD (4.17% Interest Rate). $5,000 minimum to open. This account is available with any Business Checking account. Fees may reduce earnings. 5% penalty for any withdrawal taken within six months, or for additional withdrawals. Offer subject to change at any time.
High-Yield Checking Offer: Earn an interest rate of 1.49% with a 1.50% Annual Percentage Yield (APY) for balances between $1.00 and $25,000.00, and an interest rate of 0.995% with an Annual Percentage Yield (APY) of 1.50% – 1.00% for balances above $25,000.00. $1.00 minimum to open, and $1.00 minimum daily balance required to obtain the disclosed annual percentage yield. Available to open online only, not available in-branch. New & existing customers eligible, but funding may not come from a current GSB account. Connecticut residents only. Digital banking and eStatements enrollment required. One account per business. Rates on all balances subject to change based on future market conditions.