GCF Bank Rates & Review

GCF Bank Review

Founded in 1903 as the Pitman Savings and Loan Association, GCF Bank serves Pitman, NJ, and the surrounding area.

GCF Bank operates four branches, an administrative office, and an online banking system. GCF Bank is an Equal Housing Lender and a Member FDIC.

Banking products

GCF Bank offers a range of account programs. Savings accounts include Passport, Statement, and CyberSaver accounts, each with different account minimums. CD terms range from 3 months to 7 years.

Checking account plans include the New Jersey Consumer plan, which for a monthly service charge of $3 allows a $1 minimum balance, unlimited deposits, and 8 free checks per month. Business and interest-bearing checking account plans are also available.

Banking services

Services available through GCF Bank include an online banking system, wire transfers, mortgage and personal loan applications, and GCFlash, a weekly newsletter offering financial tips, local and national financial news, and more information on products and services offered by the bank.

Deposit insurance

GCF Bank is a member bank of the Federal Deposit Insurance Corporation. The temporary increase in FDIC coverage from $100,000 to $250,000 per depositor was made permanent in July 2010. All eligible deposits are FDIC-insured up to at least $250,000 per depositor. Joint accounts are FDIC-insured up to at least $250,000 per account holder.

Compare savings account rates from GCF Bank and more than 400 other banks at SavingsAccounts.com.