Savings and Investment Rates
Account Type |
Minimum Balance
(to earn dividends) |
Annual Percentage Yield (APY1) |
|
|
|
|
|
Primary Share &
Club Accounts
|
$100
|
0.40%
|
|
IRA Accumulation
|
$25
|
0.40%
|
|
Interest Bearing Checking
|
$500
|
0.50%
|
| |
|
|
|
Money Market Savings
|
$2,000
|
Balance $2,000-$50,0001.00%
|
|
Money Market Savings
|
$2,000
|
Balance $50,000 +
1.75%
|
|
Money Market MAX
|
$50,000
|
3.40%
|
| |
|
|
|
3 Month Share Certificate
|
$1,000
|
2.25%
|
|
6 Month Share Certificate
|
$500
|
2.47%
|
|
12 Month Interest Payment Share Certificate
|
$500
|
2.72%
|
| 12 Month My Generation |
$250 |
2.75% |
| 12 Month Share Certificate & IRA |
$500 |
2.75% |
|
18 Month Share Certificate & IRA*
|
$500
|
3.00%
|
| 24 Month Interest Payment Share Certificate |
$500 |
3.94% |
|
24 Month Share Certificate & IRA*
|
$500
|
4.00%
|
|
30 Month Share Certificate & IRA*
|
$500
|
4.25%
|
|
36 Month Share Certificate
& IRA* |
$500
|
4.50%
|
|
48 Month Share Certificate
& IRA* |
$500
|
5.00%
|
|
60 Month Share Certificate
& IRA* |
$500
|
5.00%
|
Rates are effective as of 8/1/08. Rates are subject to change. Glass City Federal Credit Union is federally
insured by the National Credit Union Administration.
* IRA Certificates are available in the 12 to 60 month terms with $1000 minimum balance.
IRA Certificates are not available in an Interest Payment CD.
1 APY=Annual Percentage Yield. Membership eligibility required. Federal regulations require a dividend penalty for early withdrawal. Members may forfeit dividends if they close an account before accrued dividends are credited. Fees may reduce earnings on the accounts. Click here for a copy of the credit union's Fee Schedule.
