Gibsland B&T's (LA) Rewards Checking Still A Top Contender


Availability: Market area includes North Central Louisiana.

In July 2013, I wrote about Gibsland Bank & Trust’s new GBT Hometown Rewards Checking account, which earned 4.11% APY on balances up to $15K. Two years later, while many reward checking accounts have experienced declining APYs and lowered balance caps, GBT Hometown Rewards Checking has maintained its initial APY and balance cap.

The GBT Hometown Rewards Checking account can be opened with a minimum deposit of $100. There are no monthly fees or minimum balance requirement, and nationwide ATM fees are refundable if qualifying transactions are met.

Monthly Qualifying Transactions

  • At least one direct deposit or recurring ACH payment
  • At least 15 debit card purchases
  • Enrolled in and receive e-Statement

If the qualifying transactions are not met during a statement cycle, the APY will be 0.15%.

GBT Hometown REALSaver

The GBT Hometown REALSaver is the companion savings account linked to the Rewards Checking account. Like the GBT Hometown Rewards Checking account, REALSaver has no monthly fees or minimum balance requirement, but only requires a $1 minimum opening deposit.

If the monthly qualifications for the Rewards Checking are met, REALSaver account balances up to $25K will earn 1.51% APY, with balances of $25K+ earning 0.51% APY. If the Rewards Checking qualifications are not met, all REALSaver balances will earn 0.15% APY.


Gibsland Bank & Trust’s market area covers northwestern Louisiana, including Shreveport, the third largest city in Louisiana.

Opening a Hometown Rewards Checking account can be done by visiting any of eight Louisiana branches located in Arcadia, Athens, Bossier, Gibsland, Homer, Minden, Shreveport, and Sibley.

While the application process can be started online, the fine print states,

One of our representatives will contact you within one business day to complete the process.

A visit to one of our branches is necessary to complete the application process.

Bank Overview

Gibsland Bank & Trust has an overall health grade of "B" at, with a Texas ratio of 27.89% (average) based on June 30, 2015 data. In the past year, GBT increased its total deposits by $33.21 Million, an excellent growth rate of 12.03%. Please refer to our financial overview of Gibsland Bank & Trust for more details.

Gibsland Bank & Trust (FDIC Certificate # 16689) was established in 1948 as the Gibsland Bank. Between 1997 and 2009, the GBT opened seven branches in seven northwestern Louisiana towns. GBT has come a long way from being a small town bank with $30K in capital to Louisiana’s 38th largest bank with assets in excess of $349 Million.

How the Rewards Checking Account Compares

When compared to the 50 Reward Checking accounts tracked by available to Louisiana residents, Gibsland Bank & Trust’s Rewards Checking APY currently ranks third.

The above rates are accurate as of 10/20/2015.

To look for the best nationwide Reward Checking account rates and the best Reward Checking account rates in your state, please refer to our Reward Checking account rates table.

Related Pages: Gibsland Bank & Trust Company, Shreveport

Highest Reward Checking Rate in the Nation at Gibsland Bank & Trust in Louisiana

Louisiana residents have many good choices for high-yield reward checking accounts. Some of the highest rates are available at Louisiana banks. One that I haven’t yet covered is at Gibsland Bank & Trust. It’s called GBT Hometown Rewards Checking. The bank also offers a linked savings account called GBT Hometown REALSaver. The following is a summary of the rates and features of these two accounts as of 7/9/2013:

GBT Hometown Rewards Checking rates and features if monthly requirements are met:

  • 4.11% APY on balances up to $15,000
  • 0.51% APY on amount of balance...
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