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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 | 0.05% | 0.05% | ||
| Christmas Club & Vacation Club | 0.05% | 0.05% | |||
| Secondary Share Savings | 0.05% | 0.05% | |||
| IRA Accumulation Shares | 0.05% | 0.05% | |||
| Last declared & paid 6/30/2022 | |||||
| Optimum Checking1 – up to $25,000 | 0.65% | 0.65% | |||
| Optimum Checking1 – over $25,000 | 0.00% | 0.00% | |||
| Money Market Savings | $2,000 – $50,000 | 0.10% | 0.10% | ||
| Money Market Savings | $50,000+ | 0.15% | 0.15% | ||
| Money Market MAX $50,000 | 0.20% | 0.20% | |||
Optimum Checking1 – Other qualifications apply to obtain premium rate. Refer to Account Disclosures. |
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Share Certificates |
|||||
|
Term/Month |
Minimum Deposit |
Dividend Rate |
APY |
||
| 3 Month CD | $1,000 | 0.10% | 0.10% | ||
| 6 Month CD | $500 | 0.15% | 0.15% | ||
| 12 Month Dividend Payment CD | $500 | 0.20% | 0.20% | ||
| 12 Month Youth/Student CD (ages 0-22) | $250 | 0.20% | 0.20% | ||
| 12 Month CD | $500 | 0.20% | 0.20% | ||
| 18 Month CD | $500 | 0.25% | 0.25% | ||
| 24 Month Dividend Payment CD | $500 | 0.30% | 0.30% | ||
| 24 Month CD | $500 | 0.30% | 0.30% | ||
| 30 Month CD | $500 | 0.35% | 0.35% | ||
| 36 Month CD | $500 | 0.40% | 0.40% | ||
| 48 Month CD | $500 | 0.45% | 0.45% | ||
| 60 Month CD | $500 | 0.55% | 0.55% | ||
| 12 Month IRA | $1,000 | 0.20% | 0.20% | ||
| 18 Month IRA | $1,000 | 0.25% | 0.25% | ||
| 24 Month IRA | $1,000 | 0.30% | 0.30% | ||
| 30 Month IRA | $1,000 | 0.35% | 0.35% | ||
| 36 Month IRA | $1,000 | 0.40% | 0.40% | ||
| 48 Month IRA | $1,000 | 0.45% | 0.45% | ||
| 60 Month IRA | $1,000 | 0.55% | 0.55% | ||
Promotional Share Certificates of Deposit** |
|||||
|
Term/Month |
Minimum Deposit |
Dividend Rate |
APY |
||
| 20 Month CD** | $500 | 1.24% | 1.25% | ||
| 40 Month CD** | $500 | 1.49% | 1.50% | ||
| 12 Month IRA** | $1,000 | 1.00% | 1.00% | ||
New money is required for the full deposit amount to any promotional CD above.
**See full disclosures listed in the link below.
Rates effective 7/14/2022
IRA Certificates are not available in a Dividend Payment CD.
Roth IRAs and Coverdell Education Savings Accounts are also available.
Start saving for your future today!
Talk to a Glass City representative for more information.