Savings and Investment Rates
Account Type |
Minimum Balance
(to earn dividends) |
Annual Percentage Yield (APY^) |
|
Primary Share &
Club Accounts
|
$100
|
0.20%
|
|
IRA Accumulation
|
$25
|
0.20%
|
|
Optimum Checking - up to $25,000
Other qualifications apply to obtain premium rate. Refer to Account Disclosures. |
|
3.04%
|
| Optimum Checking - over $25,000 |
|
.30% |
|
Money Market Savings
|
$2,000
|
Balance $2,000-$50,000 .50%
|
|
Money Market Savings
|
$2,000
|
Balance $50,000 +
.65
%
|
|
Money Market MAX
|
$50,000
|
1.25 %
|
|
3 Month Share Certificate
|
$1,000
|
0.35%
|
|
6 Month Share Certificate
|
$500
|
0.45%
|
|
12 Month Interest Payment Share Certificate
|
$500
|
0.90%
|
| 12 Month My Generation |
$250 |
0.90% |
| 12 Month Share Certificate & IRA & ESA* |
$500 |
0.90% |
|
18 Month Share Certificate & IRA*
|
$500
|
1.05%
|
| 24 Month Interest Payment Share Certificate |
$500 |
1.10% |
|
24 Month Share Certificate & IRA*
|
$500
|
1.11%
|
| 30 Month Share Certificate |
$500 |
1.50% |
|
36 Month Share Certificate
& IRA* |
$500
|
1.80%
|
|
48 Month Share Certificate
& IRA* |
$500
|
2.50%
|
|
60 Month Share Certificate
& IRA* |
$500
|
2.90%
|
Rates are effective as of 7/12/2010. 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.
^ 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.
