GSB banker talking with a business manager

Time for a Change? Here’s Why You Should Consider Joining GSB

August 22, 2023

If your bank is changing, perhaps it’s time for you to change banks. GSB has always put its customers and 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 branch or browse our website to learn more about us.

1. $350,000 in annual donations for our communities

One of GSB’s bedrock principles is that we only succeed when our communities succeed. We’ve been proud to financially support numerous charitable organizations that do good work in our local towns, as well as community events that make this a more enriching place to live, visit, and do business. GSB employees are also committed to their communities, volunteering countless hours to everything from Habitat for Humanity builds to serving on the boards of local nonprofits.

2. More than $50 million in local small business development loans

As a community bank, we’re committed to supporting local entrepreneurs who need funding to help grow their businesses. Our commercial lenders understand that no two businesses are the same, and offer customized loans to help meet each client’s capital needs. By providing an easily accessible local resource for financing, GSB helps support a vibrant commercial community on the Connecticut shoreline. Learn more about GSB’s business services here.

3. Open an online account in three minutes or less

With GSB’s digital banking, you can easily view statements, open new accounts, monitor your balances, check your credit score, pay bills, and transfer money. The registration process is quick and simple. In less than three minutes, you’re ready to go! Learn more about digital banking here.

4. Competitive rates and flexible terms

GSB offers a full suite of mortgages and home equity loans and lines of credit, along with personal loans to assist with major purchases or unexpected expenses. These loans are customized to meet your needs, with competitive rates and flexible terms. For current lending rates, click here.

5. Responsible, low-risk banking

GSB has been part of the community for nearly 150 years, and has always had its clients’ financial security in mind. We use a forward-thinking, low-risk strategy that’s yielded an average growth rate of 9% over the past five years, and we look to local residents and business owners to support our growth rather than out-of-state shareholders or small groups of large depositors. We also offer the highest level of FDIC insurance for each account owner. Learn more about our banking strategies here.


We are always grateful to the local residents and businesses who consider us a trusted partner. The team at GSB is always ready to answer your questions and offer their assistance. Stop in at one of our locations or contact us today to learn more.