Greystone Bank is a chartered bank headquartered in Raleigh, North Carolina. It opened for business in late 2004.

Greystone Bank’s business plan differs from many Raleigh banks in that it features short-to-mid term commercial real estate lending, funding from online deposit products and wholesale sources, and highly efficient operations. In fact, the bank specializes in short-to-midterm financing for multi-family housing, healthcare facilities and commercial enterprises. The bank also has an active program for financing short-term, government-insured rehabilitated student loans.

Greystone Affiliates

Greystone Bank belongs to an affiliate group called Greystone & Co., Inc., or simply “Greystone,” which is a New York-based organization that provides a variety of real estate lending, development and management services throughout the nation. Greystone has experience with real estate financing  and a record of immense quality that dates back to 1988.

In fact, since 1994, Greystone has funded over 800 commercial mortgage loans, collateralized by properties in 38 states, with aggregate principal balances in excess of $5 billion. In addition to direct lending, Greystone also originates FHA multi-family/healthcare loans and is a recognized FNMA lender in the U.S. Greystone either manages or owns a combined total of $12 billion of assets.

How Greystone Bank is Funded

Regional and national deposit networks provide funds for Greystone Bank. Deposits fund commercial real estate investment from land acquisition to construction, stabilization and more. Most of these collateral properties metropolitan growth areas of the Southeast, though they can be found throughout the nation as well.

Benefits of Banking with Greystone

Greystone Bank customers have access to a variety of long term, permanent loan programs, real estate development expertise and management services through the bank and its affiliation with Greystone & Co., Inc. Additionally, Greystone Bank offers its customers and community bankers growing access to a host of loan products and financial services as a part of the Greystone network. Deposits at Greystone Bank are FDIC-insured to $250,000 per depositor.

Greystone Bank is one of many local banks people from Raleigh have to choose from. Greystone Bank emphasizes their work with mortgage sales as well as their CD and savings accounts. Find below details on their CD and savings accounts.

Greystone Bank Terms for CD accounts

Minimum deposit: $50,000
Interest compounded daily
Interest paid quarterly
Interest can be paid out or capitalized back to principal
Maximum penalty of 90 days interest on early withdrawals

Greystone Bank makes their Certificate of Deposit rates available online for your viewing. Enter this into your browser: http://www.greystonebank.com/DepositCD.aspx

Greystone Bank Terms for Savings Accounts

Minimum deposit: $25,000
Additional deposits may be made
Tiered interest rates apply; the more you deposit, the more interest you earn
Interest is compounded daily and credited to the account
Service charges apply if the balance drops below $25,000

For the latest Greystone Bank rates for savings accounts: http://www.greystonebank.com/DepositSavings.aspx

There are certain federally-mandated restrictions applied to savings accounts. For one, only up to six withdrawals or transfers are allowed each month. Only three of those transactions are allowed to be checks. Also, after you perform three electronic withdrawals in a month, there is a charge for each additional electronic transfer. If more than six withdrawals are made in a month, the account may convert to a non-interest bearing account.

Greystone Bank, located in Raleigh, North Carolina, focuses on real estate lending, construction, multifamily and commercial loans. The bank was founded in 2004 and has since grown to an asset size of $700 million. Greystone offers customers personal online banking options such as Money Market Accounts, Loan Accounts and CD Accounts.

To open an online account with Greystone, put the following URL into your browser: https://cibng.ibanking-services.com/cib/themes/cib_enroll/enroll/enroll.jsp?FIORG=394&FIFID=053112628.

To apply for a business account with Greystone, put the following URL into your browser: https://greystonebank.ebanking-services.com/nubi/Trace/Enroll.aspx

Greystone Bank Routing Number

053112628 is Greystone Bank’s routing number, a number which, can also be found at the bottom of your checks.

Branch Locations & Hours

Greystone Bank
4700 Falls of Neuse Road
Suite 190
Raleigh, NC 27609

Greystone Bank Phone Numbers
Banking Customer Service
(866)-558-4262 (Toll-free)

Loan Customer Service
Mortgage Loan (Toll-free)
(866)-984-8744

Student Loan (Toll-free)
Student Assistance Foundation at (800) 852-2761 ext. 6657

Greystone Bank Office – Raleigh, NC
(919)-882-2380 (Direct)
(919)-847-8732 (Fax)