GSB Newsroom

For many families, financing a college education is a major financial challenge. But despite the increasing costs of higher education, strategic planning and saving can mitigate the financial burden so that students can pursue their academic and career goals without taking on overwhelming debt. Here, we’ll explore various strategies for paying higher education costs, breaking down several tried-and-true traditional savings methods alongside some unconventional tactics.

You may have heard the buzz about the Federal Reserve's decision to cut interest rates on September 18, 2024. This move comes at a critical juncture for the U.S. economy, and its ripple effects will be felt across various sectors. But what does this rate cut really mean for you and the broader economy?

One of the most effective tools for saving and growing your money is through Certificates of Deposit (CDs). CDs are a type of financial product offered by banks that allow individuals to earn a fixed interest rate over a specific period of time in exchange for depositing a certain amount of money. In this post, […]

GSB is pleased to announce the hiring of three local, experienced Commercial Loan Officers, reinforcing a dedication to fostering local business development. The continued growth of GSB’s Commercial Banking Group exemplifies the community bank’s ongoing commitment to providing the small- and mid-sized business (SMB) market with superior lending services and access to capital that enable […]

Effective money management is an essential skill for maintaining financial stability and promoting long-term financial health. Whether you’re navigating a budget for the first time or laying the groundwork for future investments, understanding the principles of money management will provide the necessary foundation to achieve your financial goals. This comprehensive guide aims to highlight the […]

With the convenience and accessibility it offers, digital banking has become imperative to the way consumers manage their finances. This comprehensive guide aims to provide consumers with a deeper understanding of digital banking, its benefits, features, and how to make the most of this modern banking experience. What is Digital Banking? Digital banking, also known […]

As homeowners build equity over time, they often seek ways to tap into this asset to address various financial needs. A Home Equity Line of Credit (HELOC) has emerged as a popular and versatile option for leveraging home equity. This financial tool allows homeowners to borrow against the value of their property, providing access to […]

If your bank is changing, perhaps it’s time for you to change banks. GSB has always put its customers and local Connecticut community first, and strives to be a reliable local partner. Consider these five reasons why GSB might be the right bank for you, then visit a local CT based branch or browse our […]