Important Notice regarding Electronic Deposits of Tax Returns:

Per the Internal Revenue Service, your tax return refund can only  be deposited into accounts that are in your own name, your spouse’s name or both, if it’s a joint account. Therefore, if an electronic deposit is made to your Glass City checking or savings account and the taxpayer name and social security number do not match the name and tax identification number on your account, your refund may be returned to the Internal Revenue Service.

Important Notices for Members with Individual Retirement Accounts (IRAs)

IRA balances as of December 31, 2017 are considered Fair Market Value, and will be the amount that Glass City will report to the Internal Revenue Service (IRS).

Withholding Notice for IRA Periodic Payments: We are required by law to send a Withholding Notice to any member receiving an IRA Pre/Post 70½ Distribution from the credit union. Whether or not you currently have Federal taxes withheld from your IRA Periodic Payment, no change will be made unless you contact the credit union. Payments from your IRA are subject to Federal income tax withholding, unless you elect no withholding. You may change your withholding election at any time prior to your receipt of a payment. To change your withholding election contact the credit union at 419-887-1029 for the appropriate form, or visit your nearest branch. Withholding from IRA payments, when combined with other withholding, MAY relieve you from payment of estimated income taxes. However, your withholding election does not affect the amount of income tax you pay. You may incur penalties under the estimated tax rules if your withholding and estimated tax payments are insufficient.

IRA One-Rollover-Per-Year Rule: Per the IRS, you can make only one rollover from an IRA to another (or the same) IRA in any 12-month period, regardless of the number of IRAs you own. The limit will apply by aggregating all of an individual’s IRAs, including Simplified Employee Pension (SEP) and SIMPLE IRAs as well as traditional and Roth IRAs, effectively treating them as one IRA for purposes of the limit.
• Trustee-to-trustee transfers between IRAs are not limited
• Rollovers from traditional to Roth IRAs (“conversions”) are not limited
• Direct Transfers of IRA money are not limited: This change won’t affect your ability to transfer funds from one IRA trustee directly to another, because this type of transfer isn’t a rollover. The one-rollover-per-year rule of Internal Revenue Code Section 408(d)(3)(B) applies only to rollovers.

Donating IRA Contributions to Charity: Congress has made permanent the option of making direct contributions from an IRA to charity; therefore, if you are age 70 ½ or older, you can transfer up to $100,000 annually from your IRA to charity. Such transfers count as part of your required minimum distribution. Unlike other payouts from traditional IRAs, direct donations don’t count as taxable income, so they can’t reduce the value of your itemized deductions or personal exemptions, or trigger a Medicare premium surcharge. Of course, you won’t be able to also deduct direct IRA donations.

Glass City Federal Credit Union Scholarship Information


Students are eligible to apply for the Glass City Federal Credit Union Scholarship if they meet all of the following criteria:
– The student will be attending a 2- or 4-year accredited post-secondary institution, during the 2018-19 school year.
– The student is a member of Glass City Federal; or a parent, step-parent, or legal guardian is a member of Glass City.
– The student submits the required essay and completes the application.
*Glass City employees, and immediate family members of employees and Board of Directors are not eligible to apply.

Scholarship and Essay Details

Glass City will award five scholarships, one in the amount of $2500 (highest scoring entry); and four in the amount of $1000 each (second to fifth highest scoring entries). The scholarship will be paid to the Office of the Bursar at the colleges attended by our winners, no later than August 2018. Winners must show proof of enrollment before scholarship payment is sent. Scholarship essays will be reviewed anonymously by Glass City community business partners. The essays will be scored with attention given to spelling and grammar, content, validity and sincerity, and the applicant’s ability to answer the question.

How To Apply

Please complete and submit the application with the required essay by March 31, 2018. Click here for a printable version of the application.

*Winners will be notified by May 1, 2018.

Open a Glass City Christmas/Holiday Club account today!

Why not be better financially prepared for next holiday season? Open a Christmas/Holiday Club savings account and save throughout the year. Set up automatic deposits to the account every pay period or on a schedule that works best for you. Every November 1, Christmas/Holiday Club balances are automatically transferred to your checking account or your Primary Share Savings account if you don’t have a Glass City checking account. There is no minimum balance requirement for this account; therefore, you can keep growing your savings year after year!


For more information or to open a Vacation Club or Christmas/Holiday Club savings account, visit your nearest Glass City branch.


Glass City is pleased to provide a mobile app with a robust offering of features and functionality to protect your Glass City debit card from fraud.

Our SecurLOCK mobile app allows you the ultimate real-time control of where and how your debit card can be used. You will have the capability to customize your debit card using the features and preferences below:


  • Switch card on/off: lock or unlock your card with a single touch. An auto-lock feature turns on your card for a specified time or for a certain number of purchases
  • Control by location: limit card activity by location
  • Control preferences: set specific merchant categories, transaction types and spend limits
  • Instant transaction alerts: be notified immediately of debit card transactions


This free debit card text alert/card control app is available for Apple’s iPhone and Android smartphones. You can find the app in the Apple iTunes App Store or Google Play Store by searching for SecurLOCK Equip.


Click here for instructions to register your debit card today!

Exciting news! A nearly 6,500 square foot addition is under construction at Glass City’s Maumee Main Office building. This expansion project which began in June, is slated for completion by Spring 2018.  According to President & CEO Mark Slates, “The new addition will prepare Glass City for the future by providing much-needed additional office and storage space, as well as a larger community room.” Slates also states that the expansion project will not affect the Maumee Office’s branch and front-end operations.

We appreciate the membership’s patience and understanding during the construction project, which may affect the flow of traffic and parking from time to time at the Maumee Office.

Members: You may also visit Glass City’s four other convenient branch locations at 1666 E. Broadway in Toledo, 5642 Secor Road in Toledo, 1353 Gage Street at Alexis Road in Toledo, and 1275 N. Main Street in Bowling Green. In addition, since Glass City is a part of the CO-OP Shared Branching  network, Glass City members may also use other participating credit unions and ATMs locally and nationwide at no cost.


Photo of Glass City Federal Credit Union's Maumee Branch Location under construction


You can download a new and improved mobile banking application by searching for “Glass City FCU Mobile” on the iTunes or Google Play app store. Click here for more information.


Glass City has partnered with Buzz Points, a free rewards program for all members with a Glass City Debit Card!
Buzz Points offers points towards rewards with the debit card purchases you make. The average user earns $40 in rewards annually, without doing anything extra!
Sign up at, and be sure to have the following information handy:
1. Your member number (often found on a statement or check),
2. The last 4 digits of your Social Security number.

Sign up today and receive 500 points automatically!!