Genesee Regional Bank Rates & Review

Genesee Regional Bank Review

Genesee Regional Bank has been recognized on the Rochester Top 100 List for revenue growth in 2007 and 2008.

Since 1996, Genesee Regional Bank has served the Rochester, New York, area with commercial banking, personal banking and mortgages. From its corporate headquarters and its three branch locations in and near Rochester, the bank offers customers a range of banking options.

Personal banking

Genesee Regional Bank offers a high interest savings account with low opening balance requirements. The bank's Health Savings Account gives customers a way to save tax-exempt money for future health expenses. Checking and money market account options are available along with competitive CD rates for terms ranging from 7 days to 48 months.

Business banking

Local Rochester businesses BVR Construction, Parkleigh and Rochester Colonial have each been financed in part by Genesee Regional Bank. Commercial banking products include real estate financing, deposit accounts, and Small Business Administration loans.

Business and individual customers have access to Genesee Regional Bank's online banking system, 24-hour ATM machines, and an account credit of up to to $10 a month designed for reimbursement of non-GRB ATM charges.

Deposit insurance

Genesee Regional 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 Genesee Regional Bank and more than 400 other banks at SavingsAccounts.com.