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 12/31/2018
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 0.25% 0.25%
6 Month CD $500 0.50% 0.50%
12 Month Interest Payment CD $500 0.80% 0.80%
12 Month Youth/Student CD (ages 0-22) $250 0.80% 0.80%
12 Month CD & IRA* $500 0.80% 0.80%
18 Month CD & IRA* $500 1.00% 1.00%
24 Month Interest Payment CD $500 1.25% 1.26%
24 Month CD & IRA* $500 1.25% 1.26%
30 Month CD & IRA* $500 1.50% 1.51%
36 Month CD & IRA* $500 2.00% 2.01%
48 Month CD & IRA* $500 2.25% 2.27%
60 Month CD & IRA* $500 2.50% 2.52%

Promotional Share Certificates of Deposit**

Term/Month

Minimum Deposit

Dividend Rate

APY
9 Month CD** $500 1.24% 1.25%
60 Month CD & IRA** $500 3.45% 3.50%
New money is required for the full deposit amount to any promotional CD above. $1,000 minimum deposit required for IRA Share CD. **See full disclosures here.

Rates effective 1/2/2019.

*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.

Share Certificate Policy & Disclosure
Fee Schedule

Take advantage of our rates now!

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