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FRAUD ALERT: Please be aware of a widespread phishing scam and keep in mind that Gorham Savings Bank will NEVER ask you for your personal information, such as your pin, security code or password. Before responding to a text or email, stop and think using the “10 and 2” rule: wait 10 minutes and talk to at least 2 people. If you suspect fraud, please contact Customer Service.

Browse our Security Center for tools and resources to protect your privacy and personal financial information. Find online banking security tips along with information on common scams. If you are ever in doubt, call us directly at (207) 839-4796.

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Hassle-Free Tiered CD

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Circumstances change. That’s life. And we don’t want to penalize you for changing with it. A Hassle-Free Tiered CD offers all the benefits of a CD without penalties for withdrawing your money during the initial term. Really, not even an eye roll.

  • Tiered interest rates
  • $500 minimum deposit to open
  • No bank penalty for early closure during initial term
Let's Talk Hassle-Free Tiered CDsView Rates
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A Simple Solution

To Make Life Easier.

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The Hassle-Free Tiered CD provides you ultimate peace of mind. Its fixed interest rate means you know exactly what you’re getting. That said, if life throws a curveball—and we’ve all seen that happen—you can access your money with no fee. Batter up.

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Buy Local. Bank Local.
When you bank with us, every deposit makes a difference. It goes towards active giving, support for small business, and the distribution of resources to help lift up our community.
The GSB Difference
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Community
At its best, banking is about relationships. It’s about coming together to build something we can all believe in. We believe banking can be a force for good. Let us show you how.
The GSB Difference

GET STARTED

Complete this form and we’ll contact you to get the ball rolling. Prefer the phone? Give us a call at (207) 839-4796.

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Hassle-Free Tiered CD Terms and Conditions
  • There is no bank penalty for early closure during the initial term. However, if any of the principal is withdrawn before the maturity date, federal law may require that a penalty be imposed equal to seven (7) days' simple interest.