On June 30, GLCU members who had a Grand Advantage Club Account, a Youth Account, or accounts with an aggregate balance of less than $2,500, were charged an Inactive Fee in error. These fees will be reversed, and members will see the fees refunded into their account.

If you have questions, please email us using the “Message Center” feature in Online Banking or call us at (800) 982-7850.

FAQs:

What is an “inactive account”?
An account is considered inactive if for one year no withdrawals, deposits or payments other than dividend have been made to the account.

Does GLCU waive the Inactive Fee?
The fee is waived if you have an aggregate balance of $500 or a service of the Credit Union such as a Share Certificate, IRA or Trust account, Credit Card, Home Equity Loan, or are younger than 18 years.