Construction Notification:

Gloucester Branch Drive-Up ATM Closed May 19 – 21

MAY 19 – 21: The drive-up ATM will be unavailable until approximately at 9 AM on May 21

MAY 20: The drive-up teller will be unavailable; parking will be limited due to installation activity

ALTERNATIVE BANKING OPTIONS:

Use online and mobile banking; Visit our lobby during normal business hours; Access our in-branch ATM for deposits and withdrawals

Put your money to work for you with a CD. 

Certificates of Deposit (CDs) offer a higher rate of interest than regular savings accounts. BankGloucester offers competitive rates. If you are seeking a safe and secure way to earn interest on your money, a CD may be the right choice for you.

CD Rates & Disclosures

Rates Effective: May 11, 2026

TermMinimum Deposit to Open AccountMinimum Balance to Earn APY*Interest RateAPY*Compounding Frequency
6 Months$2,500.00
$2,500 – $49,999.993.60%3.60%Simple
$50,000.00 and over3.60%3.60%Simple
9 Months$500.00
$500.00 – $99,999.993.40%3.50%Monthly
$100,000.00 and over3.40%3.50%Monthly
12 Months$500.00
$500.00 – $99,999.993.40%3.50%Monthly
$100,000.00 and over3.40%3.50%Monthly
24 Months$500.00
$500.00 – $99,999.993.16%3.25%Monthly
$100,000.00 and over3.16%3.25%Monthly
36 Months$500.00
$500.00 – $99,999.992.68%2.75%Monthly
$100,000.00 and over2.68%2.75%Monthly

Fees could reduce earnings. On Certificate Accounts, a fee may be imposed for early withdrawal.
All Deposits are Insured in Full.


Penalty calculation formula: [withdrawal amount x (annual interest rate/12) x number of months interest]
Example for $10,000 withdrawal from 24 month CD:[$10,000 x (0.04/12) x 3 = $100 penalty amount