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. |
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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 | 0.10% | 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
*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.
