Deposit Account Rates

Minimum Balances & Annual Percentage Yields

Account Type

Minimum Balance to Obtain APY

Dividend Rate

Annual Percentage Yield (APY)

Primary Share Savings $100 0.10% 0.10%
Christmas Club & Vacation Club 0.10% 0.10%
Secondary Share Savings 0.10% 0.10%
IRA Accumulation Shares 0.10% 0.10%
Last declared & paid 6/30/2017
Optimum Checking1 – up to $25,000 1.25% 1.26%
Optimum Checking1 – over $25,000 0.00% 0.00%
Money Market Savings $2,000 – $50,000 0.15% 0.15%
Money Market Savings $50,000+ 0.25% 0.25%
Money Market MAX $50,000 0.45% 0.45%
Optimum Checking1 – Other qualifications apply to obtain premium rate. Refer to Account Disclosures.

 

Share Certificates

Term/Month

Minimum Deposit

Dividend Rate

APY

3 Month CD $1,000 0.10% 0.10%
6 Month CD $500 0.10% 0.10%
12 Month Interest Payment CD $500 0.15% 0.15%
12 Month My Generation CD $250 0.15% 0.15%
12 Month CD & IRA* $500 0.15% 0.15%
18 Month CD & IRA* $500 0.20% 0.20%
24 Month Interest Payment CD $500 0.30% 0.30%
24 Month CD & IRA* $500 0.30% 0.30%
30 Month CD & IRA* $500 0.40% 0.40%
36 Month CD & IRA* $500 0.55% 0.55%
48 Month CD & IRA* $500 1.00% 1.00%
60 Month CD & IRA* $500 1.24% 1.25%

Promotional Share Certificates of Deposit**

Term/Month

Minimum Deposit

Dividend Rate

APY

20 Month CD $500 1.40% 1.41%
40 Month CD $500 1.90% 1.91%
30 Month IRA CD $1,000 1.75% 1.76%

New money is required for the full deposit amount to any promotional CD above. 

**See Rate Schedule/Share Certificate Policy below for full disclosures

Rates are effective as of 7/1/2017. Rates are subject to change. Glass City Federal Credit Union is federally insured by the National Credit Union Administration.
Rate Schedule and Share Certificate Policy & Disclosure

Fee Schedule

*IRA Share Certificates are available in the 12 to 60 month terms with $1000 minimum balance. IRA Certificates are not available in an Interest Payment CD.
Roth IRAs and Coverdell Education Savings Accounts are also available.
1APY=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.

Take advantage of our rates now!

Talk to a Glass City representative today about saving for your future.