Checking | Money Market | Savings | CD IRA | Health Savings Account | Check Card | Personal Loans | Overdraft Protection Line

Personal Banking – Checking

Value Checking

• $100 deposit to open
• Low Minimum Balance
• Unlimited check writing
• No monthly service charge
• Free Guaranty Checks
• Free Guaranty Check card available

Premium checking

• $100 deposit to open
• No service charge for average balance above $1,000
• Competitive Tiered Rates- Click here for our rates
• Unlimited Check writing
• Free Guaranty Checks
• Free Guaranty Check card available

Personal Banking – Money Market

Money Market Account *New

• Unlimited deposits
• Unlimited withdrawals in person
• Competitive Tiered Rates- Click here for our rates
• Interest Compounded daily
• Free checks - Regular or Duplicate
• Free Guaranty Check Card available
• No Monthly Service Charge
• Monthly statement of activity

Personal Banking – Savings

Passbook Savings and Statement Savings Account

• Traditional savings accounts
• $100.00 minimum balance
• Interest compounded daily and paid monthly
• Accepts Direct Deposit
• No Monthly Service Fees
• Unlimited deposits and withdrawals

Personal Banking – Health Savings Account

Health Savings Account

GAIN TAX ADVANTAGES WITH YOUR HEALTH SAVINGS ACCOUNT (HSA)

ELIGIBILITY
Individuals covered by a high-deductible health plan (HDHP) that are not covered under another health plan (including Medicare) and cannot be claimed as a dependent on someone else's tax return may be eligible for the new Health Savings Account.

TAX ADVANTAGES
Contributions to a Health Savings Account are tax deductible. The interest earned and withdrawals made from the account are tax free if the funds are used to pay for qualified medical expenses.

QUALIFIED MEDICAL EXPENSES
Qualified medical expenses are those expenses incurred by the accountholder, spouse or dependents that would generally qualify for the medical and dental expenses deduction. These are explained in IRS Publication 502. Examples include amounts paid for doctors' fees, prescription and non-prescription medicines and necessary hospital services not paid for by insurance.
If you receive distributions for other reasons, the amount you withdraw will be subject to income tax and may be subject to an additional 10% tax.

CONTRIBUTION
Annual Contribution limits do apply.

BALANCE AT END OF YEAR
Amounts that remain at the end of the year are generally carried over to the next year.

WITHDRAWAL OF FUNDS FROM HSAs
An individual can receive a distribution from their HSA account any time by accessing their account through Guaranty Savings Online. We also offer free checks and a free Guaranty HSA debit card. Use your card or check to pay for services directly or come in to one of our convenient locations and draw funds from the account.

INVESTMENT
Guaranty HSA - Attractive Rates Click here for our rates

Personal Banking – CD/IRA’s

Certificate of Deposit

Terms ranging from 91 days to five years
 $500.00 deposit to open

• Competitive rates – Click here for our rates
• Dividends can be paid monthly or quarterly to your checking or savings account;
  or dividends can accumulate so that you enjoy the highest possible yield
• Automatic renewals for same term

Individual Retirement Accounts

• Guaranty offers both the Traditional and Roth Individual Retirement Accounts. Your Guaranty I.R.A. can be opened for a minimum of $250.00. We offer certificates of deposit with terms ranging from 91 days to 5 years at highly competitive rates. Click here for our rates.
• No annual fees with the Guaranty IRA Plan.
• Current regulations allow eligible individuals to contribute up to $5000.00 starting in 2008 ($4000.00 contribution allowed for 2007); and a catch up contribution of $1000.00 is allowed for individuals 50 years old or over.
• Our customer service representatives can assist you in completing transfers and rollovers.
• For those individuals over 59 ½ , Guaranty can automatically send you monthly, quarterly or annual distributions; or just come into one of our convenient locations to make your IRA distribution.
• For individuals over 70 ½, Guaranty will notify you annually of your required minimum distribution from your Traditional IRA Plan.

Please ask about the Guaranty IRA Plan by calling one of our customer service representatives today.

Personal Banking – Guaranty’s MasterCard™ Check Card

Guaranty-Check card gives you a faster more convenient way to access cash and purchase products and services. It allows you to withdraw funds from your deposit account without ever having to come into the Bank or write a check. You can use your check card wherever Mastercard™ is accepted. We offer our Guaranty Check Card to individuals and commercial accountholders. Let us show you.

To report a lost or stolen card

• During normal business hours call (504) 457-6220
• After hours, weekends or holidays, please call 1-800-888-0085
   

Personal Banking – Savings Account Loan

Guaranty makes available to all savings and certificate of deposit customers a low rate Savings Account Loan. Continue to earn on your savings or certificate account and pay only 2% per annum above the savings rate to borrow funds. We can loan up to 90% of the savings or certificate account balance. Contact one of our customer service representatives for more information.

Personal Banking – Home Equity Loans & Lines of Credit

 – Home Equity Loans/Lines can be used for a variety of needs.

• Loan to values up to 100%
• Interest Only payments - upon approval
• Rates based on the Prime Index
• Lender-Paid Closing Costs (in most instances)
• Interest may be tax deductible (consult with your tax advisor to verify your eligibility)
• Can be combined with your First Mortgage Loan through Guaranty Savings Bank for Maximum flexibility

Personal Banking – Overdraft Protection Line

• Subject to credit approval
• Guaranty offers customers a convenient overdraft protection line of credit up to $5,000
• Competitive rate
• Use only the amount you need
• Avoid costly NSF fees
• No annual fee

Click here to find out how to contact us.

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