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Now, with GLCU's Companion Money Market Account (CMM), you can earn even more! Call (800) 982-7850 or visit one of our local branches to open your CMM Account today!

See how it works below:

Companion Money Market Requirements

2.50% Checking Requirements Met
CMM Average Daily Balance
CMM APY* on FULL Balance
FREE Checking APY*
Yes$9,999.990.00%2.50%
Yes$10,000 or more1.00%2.50%
No$9,999.990.00%0.00%
No$10,000 or more0.10%**0.00%

 

Benefits/Requirements Include:

  • Earn dividends daily
  • $10,000 minimum balance
  • Clear up to six checks per month
  • Earn even more when you meet full Checking requirements

Companion Money Market

Effective Date: Thursday, July 9, 2020

Companion Money Market

TiersDividend RateAPY*
< $10,0000.00%0.000%
> $10,0000.896%0.90%

*APY = Annual Percentage Yield. Members must open a Companion Money Market (CMM) account. Minimum balance to open account is $10,000. To earn dividends on the CMM, the account must maintain a minimum average daily balance of $10,000 AND meet the conditions to earn the highest rate of our FREE Checking account. If both requirements are met, the entire balance in the account will earn the APY as shown. If the requirements are NOT met, the balance in the account of $10,000 or more will earn the current rate of lowest tier of the regular Money Market account. If the balance falls below $10,000, the CMM will not earn dividends. Money Market Accounts are limited to a total of 6 automated transfers by phone or by pre-authorized automated transfer to another GLCU account or third party, including Money Market Checks, each month. Does not include Business Money Market.

Additional Help & Information