Checking/Savings Account Rates

Effective Date: Thursday, June 27, 2019

*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. Penalties apply for early withdrawal from Share Certificates and Santa Saver Accounts. Additional account information is provided in separate Account Disclosures.

**Balances up to $10,000 will earn the stated dividend rate and the portion of the balance over $10,000 will earn the standard savings dividend rate. Dividends will be paid on ONE FREE Checking Account per member. Fees could reduce earnings. Also applies to Young Adult FREE Checking Account.

Minimum requirements to earn dividends:

1. Maintain a monthly Direct Deposit of $500.00 or more

2. 15 signature-based debit card purchases (no returns, PIN or ATM) totaling $150 or more. All purchases must be cleared and posted to your transaction history within the current month. Authorized or pending purchases do not qualify. 

3. You must be enrolled in eStatements, and an active user of GLCU's online Bill Pay or Mobile Banking

Money Market Account Rates

Effective Date: Thursday, June 27, 2019

*APY = Annual Percentage Yield. All dividend rates and APY may change at any time, as determined by GLCU Board of Directors. Fees could reduce earnings on the above accounts. Additional account information is provided in separate Account Disclosures.

**A Minimum of $2,500.00 is required to open the account. You must maintain a minimum average daily balance of $2,500.00 to earn the above stated dividends.

***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 3% conditions of our FREE Checking account. If both requirements are met, the entire balance in the account will earn 1.50 % Annual Percentage Yield (APY). 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.

Business Money Market Account Rates

Effective Date: Thursday, June 27, 2019

*APY = Annual Percentage Yield. All dividend rates and APY may change at any time, as determined by GLCU Board of Directors. Fees could reduce earnings on the above accounts. Additional account information is provided in separate Account Disclosures.

**A minimum of $2,500.00 is required to open the account. You must maintain a minimum average daily balance of $2,500.00 to earn the above stated dividend.

Share Certificate Account Rates

Effective Date: Thursday, June 27, 2019

*APY = Annual Percentage Yield. All dividend rates and APY may change at any time. 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. Penalties apply for early withdrawal from Share Certificates. Additional account information is provided in separate Account Disclosures. Rates are subject to change weekly. Funds earn dividends from the first business day of deposit and are compounded daily and posted monthly. Money Market dividends are calculated on the full balance using the highest applicable dividend rate. Accrued dividends are forfeited if account is closed prior to monthly dividend posting. Fees or other conditions may reduce earnings.

1$200 Minimum to open account. Must maintain average daily balance of $200 to receive the above stated dividend.

2$1,000 Minimum to open account. Must maintain average daily balance of $1,000 to earn the above stated dividend. Penalties apply for early withdrawals. Fees could reduce earnings.

Presidents' Club Share Certificate Account Rates

Effective Date: Thursday, June 27, 2019

*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. Penalties apply for early withdrawal from Share Certificates. Additional account information is provided in separate Account Disclosures. 1$200 Minimum to open account. Must maintain average daily balance of $200 to receive the above stated dividend. 2$1,000 Minimum to open account. Must maintain average daily balance of $1,000 to earn the above stated dividend. Penalties apply for early withdrawals. Fees could reduce earnings.**Must be a member of the Presidents Club to receive Presidents Club Share Certificate rates.