GSL Savings Bank


6823 Bergenline Ave
Guttenberg, NJ 07093
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Notable Rates APY Vs.Others
Savings 0.15% 0.85% →
1-Year CD 0.25% 0.80% →
2-Year CD 0.30% 0.80% →
5-Year CD 0.61% 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

GSL Savings Bank is an FDIC insured institution located in Guttenberg, NJ. It was founded in 1907 and has approximately $0.12 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 28708
Date Established 1907
Assets $ 121.06 million
Loans $ 89.70 million
Deposits $ 96.21 million
Capital $ 11.93 million

For a more detailed analysis of GSL Savings Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - September 23, 2021

Your Current Location: California, CA 92111

Savings and Money Market Rates APY MIN MAX
0.15% $2,500 $4,999 Learn More
Money Market
0.25% $2,500 $2,999 Learn More
Money Market
0.25% $10,000 $14,999 Learn More
Money Market
0.25% $25,000 $29,999 Learn More
6 Mo CD
0.25% $500 - Learn More
12 Mo CD
0.25% $500 - Learn More
18 Mo CD
0.30% $500 - Learn More
24 Mo CD
0.30% $500 - Learn More
30 Mo CD
0.30% $500 - Learn More
60 Mo CD
0.61% $500 - Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.10% $2,500 $3,499 Learn MoreShow Less

Loan Rates - September 23, 2021

Your Current Location: California, CA 92111

There are currently no loan rates available for GSL Savings Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - California 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Monthly
Learn More
The Union Bank Company
NMLS ID: 433131
2.845% 2.750%
0.88 points
$3,144 fees
$1,021 Learn More

Featured - California Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
BMO Harris Bank
BMO Harris Bank
See Table
Intro APR 1.790 %
After Intro: 4.840 %
Intro Period: 6 months
$0 Learn More
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Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
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Note to GSL Savings Bank
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GSL Savings Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

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San Diego,California

GSL Savings Bank Locations

Financial Details

GSL Savings Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of GSL Savings Bank. The data is provided by the FDIC. All banks listed on are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
GSL Savings Bank U.S. Bank Average
5.06% 5.29%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2021, GSL Savings Bank had $643,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $11,929,000 in equity and $791,000 in loans loss reserves. That gives it a Texas Ratio of 5.06%.

Return on Equity
GSL Savings Bank U.S. Bank Average
-0.7% 11.43%

GSL Savings Bank has a Return on Equity of -0.7% versus the BestCashCow average of 11.43%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

GSL Savings Bank U.S. Bank Average
9.85% 11.51%

GSL Savings Bank has a Capitalization of 9.85% versus the BestCashCow average of 11.51. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

GSL Savings Bank Balance Sheet Analysis

As of March 31, 2021, GSL Savings Bank had assets of $121,058,000, loans of $89,700,000, and deposits of $96,210,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2021
Cash & Balances due from depository institutions $ 19.69 million
Interest-bearing balances $ 18.91 million
Total securities $ 5.54 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 89.70 million
Loan loss allowance $ 0.79 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 5.29 million
     Total Assets $ 109.13 million
Total deposits $ 96.21 million
      Interest-bearing deposits $ 89.72 million
      Deposits held in domestic offices $ 96.21 million
      % insured (estimated) 76.81%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 12.74 million
Subordinated debt N.A.
All other liabilities $ 0.18 million
      Total Liabilities $ 109.13 million
      Shareholders’ Equity $ 11.93 million

Summary Income Statement

March 31, 2021
Total Interest Income $ 0.84 million
Total Interest Expense $ 0.22 million
Net interest income $ 0.62 million
Provision for loan and lease losses $ 0.02 million
Total non interest income $ 0.03 million
Total non interest expense $ 0.66 million
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in GSL Savings Bank’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Small Business Loans.

Compared to other banks in New Jersey, GSL Savings Bank has a significantly higher percent of 1-4 Family Residential Loans, Small Business Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 73.39
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 12.45
Construction and Development Loans 0.00
Commercial Real Estate 12.45
Commercial and Industrial Loans 1.90
Farm Loans 0.00

Frequently Asked Questions About Gsl Savings Bank

Branches and Savings

Is Gsl Savings Bank FDIC insured?

Yes. It is covered under FDIC Certificate #28708.

Why does Gsl Savings Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Gsl Savings Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Gsl Savings Bank a commercial bank?


Where are Gsl Savings Bank locations?

See branch locations nearby.

Is Gsl Savings Bank open on Saturdays?

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Are Gsl Savings Bank ATMs Open 24/7?

Do Gsl Savings Bank ATMs accept cash deposits?

Can Gsl Savings Bank customers use other ATMs?

Do Gsl Savings Bank branches have notaries?

Will Gsl Savings Bank notarize my document?

What address for Gsl Savings Bank should I put for incoming ACH transfers?

Will the Gsl Savings Bank branch print checks?

Do Gsl Savings Bank checks expire?

Does Gsl Savings Bank require US citizenship to open account?

Can Gsl Savings Bank close my account?

Does Gsl Savings Bank Report to credit bureaus?

Does Gsl Savings Bank Use Equifax?

What is Gsl Savings Bank's ACH Routing Number?

What is Gsl Savings Bank's SWIFT code?


Does Gsl Savings Bank offer mortgages?

Compare mortgage rates here.

Does Gsl Savings Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Gsl Savings Bank offer personal loans?

Compare personal loan rates here.

Does Gsl Savings Bank offer student loans?

Will Gsl Savings Bank cash a check?

Will Gsl Savings Bank redeem a savings bond?

Does Gsl Savings Bank cash savings bonds?

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Can Gsl Savings Bank issue a money order?

Does Gsl Savings Bank do currency exchange?

Background on The Bank

Who owns Gsl Savings Bank?

How long has Gsl Savings Bank been around?

Can Gsl Savings Bank transfer to other banks?

Does Gsl Savings Bank have quick pay?

Does Gsl Savings Bank accept rolled coins?

Will Gsl Savings Bank accept loose change?

Where is Gsl Savings Bank headquarters?

Customer Reviews for GSL Savings Bank

  • April 29, 2020

    CDs 12 Month Rates

    I called this banl there is no this rate

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