MONEY MARKETYour Money Market account offers you flexibility as well as high yields. Maintain a higher account balance, earn more interest, and still have access to your money. Money Market account funds are safe and secure.
- Earn dividends daily on the tiered balances of:
$1,000 - $24,999.99
$25,000 - $49,999.99
$50,000 and over - $1,000 minimum balance
- Clear up to six Money Market checks per month
- Unlimited deposits and withdrawals
Money Market accounts are limited to a total of six automated transfers by phone or by pre-authorized automated transfer to another GLCU account or to a third party (including Money Market checks) from your Money Market each calendar month.
MEGA MONEY MARKET
With a minimum deposit of $100,000 you earn higher money market rates or even higher rates with balances over $200,000. Your GLCU Mega Money Market account gives you liquidity on your savings and the flexibility to move your money when market conditions are just right for you.
SHARE CERTIFICATE OF DEPOSIT (CD)Watch your savings grow with a great certificate rate from GLCU! With a low $500 minimum deposit, you can receive higher dividends and choose the term that is best for your individual needs. We offer both short and long term certificates with terms up to 5 years. In general, the longer the term on the certificate, the higher the dividend. You can also earn premium dividend rates on regular certificates if you have a President's Club, VIP or Grand Advantage Club Checking Account. And, unlike investments in the stock market, your funds are federally insured. You can also choose to have your dividends automatically reinvested into your certificate so your earnings compound monthly or to transfer it to another GLCU account.
RIGHT START SHARE CERTIFICATE
Start on a path towards financial security by making the Right Start. Saving for a car, school, the holidays or your future? With a Right Start Certificate, you can begin with a balance of $200 or more and receive a great dividend rate on this one-year certificate. Plus, you have the option to add funds to this certificate throughout the year, a unique feature! The more you save, the larger your dividends will be!
STEP-UP SHARE CERTIFICATE
If the rates go up you're covered! You can "step up" to the higher rate! The Step-up certificate gives you the ability to adjust its rate! With the Step-up certificate, you can lock into a three, four or five-year term with the option of changing its dividend rate once on the Step-up certificate's anniversary date. When choosing to step-up to a new rate, it will be based on the original Step-up certificate's remaining term.
For example, if you have a five-year Step-up certificate and choose to change the dividend rate on its third anniversary date, you would receive a rate for a two-year certificate which is the remainder of the five-year term. You can open a Step-up certificate with at least a $5,000 deposit and earn daily dividends, paid monthly.
