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Great Lakes Credit Union has everything you need to help manage your money and plan for the future.
Holiday Savings
Focus your savings efforts for the holiday season with the Holiday Savings account from GLCU. This option makes your holiday travel and gift-giving season even merrier. All it takes is $1 to open and start earning daily dividends that are compounded and paid monthly.
Did you know the average consumer spends $875 on holiday-related purchases this year. Don't have $875 yet? Open an account today and start saving to make your future holidays merry and bright.
Features:
- $1 minimum to open and earn
- A simple way to build your holiday cash
- Earn daily dividends, compounded and paid monthly
- Funds will be deposited into your designated Savings or Checking Account on November 1st
Take the headache out of holiday shopping. Open an account today!
Effective Date: Monday, October 7, 2024
| Account | Dividend Rate | APY* | How to Open | |
|---|---|---|---|---|
| Holiday Savings | Up to $1,000 | 0.995% | 1.00% | |
| Holiday Savings | $1,000.01 or greater | 0.050% | 0.05% |
* APY = Annual Percentage Yield. All dividend rates and APY may change at any time, as determined by GLCU Board of Directors. The APYs shown above assume that all principal and dividends remain on deposit for the entire term. Fees could reduce earnings on the above accounts.
**Tier 1: Checking accounts with 0-19 debit card transactions per month will earn 0.05% APY. Tier 2: Checking accounts with 20-39 debit card transactions per month and enrolled in e-statements will earn APY on balances up to $10,000. Tier 3: Checking accounts with 40 or more transactions per month and e-statements will earn APY on balances up to $10,000. The dividend rate may be calculated using two different rates. The dividend rate will appear as a blended APY on your monthly statement.