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Insurance Services Financial Planning

Rates & Calculators

Rates & Calculators

GFA Rates

Effective as of: 09/15/2014

Ask us today about Member Rewards to get higher deposit rates!


 

Interest Rates
, APY and APR are subject to change without notice and are accurate as of the effective date. APY is annual percentage yield. APR is annual percentage rate. Variable rates may change after account is opened, and fees may reduce earnings.

For your peace of mind, the National Credit Union Share Insurance Fund (NCUSIF) insures the money you invest at GFA Federal Credit Union up to the maximum amount allowed by law. And regardless of where you live, GFA members also benefit from additional deposit coverage provided by the Massachusetts Share Insurance Corporation (MSIC).

For detailed information, simply click on the product or service name below. For additional rates, call us at 978-632-2542 or stop by any branch.

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Checking Accounts

Checking Accounts: We offer three types of checking accounts. Each is available with overdraft protection, as long as you qualify.

CHECKING ACCTMinimum Balance to Earn APYAnnual Percentage Yield (APY)Dividend RateMinimum to Open

1Click here for qualification information

 

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Savings Accounts

Savings accounts pay monthly dividends upon reaching minimal balance thresholds.
Gold Key Club: Members 50 years and older receive a premium rate on share balances of $5,000 or more.

SAVINGS ACCTMinimum Balance to Earn APYAPYDividend RateMinimum to Open

1Click here for qualification information
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Cash Management Accounts

If you are looking for a higher rate of return, but want to have access to your savings, then you should consider a GFA Cash Management Account.

Cash Management AccountMinimum Balance to Earn APYAPYDividend RateMinimum to Open

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Term Share Certificates

Term Share Certificates earn a higher rate of return on your money. At GFA we work with you to provide the right solution to your financial needs. Below are some of the most commonly requested certificate terms. However if a different term matches your needs, just let us know! Don't forget to check out our limited time specials, too.

Saving for retirement? All fixed term share certificates of 12 Months or longer are also available as a Traditional, Roth, Education or SEP IRA.

Better Banking Rates*

SHARES CERTIFICATES
Fixed Rates
Minimum Balance to Earn APYAPYDividend RateMinimum to Open
 

*Dividend rates shown are for members who qualify for full Member Rewards benefits with their GFA Membership. Without Member Rewards benefits, you will earn .25% less than the dividend rate shown under the Better Banking Rates column.  Members qualifying for full Member Rewards benefits have; a consumer checking account with direct deposit, electronic statements and a loan (excluding a personal line of credit) with GFA or in place of the loan 5 consecutive years membership.  Please speak with a branch representative to ensure that you receive the maximum awards available to you.

** 24 Month Bump Up term share certificate is not eligible for Member Rewards benefits.


Penalties for early withdrawal of principal are calculated as 90 days - 365 days simple interest on the amount of Principal withdrawn.
 

 

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Individual Retirement Accounts (IRA) Share Certificates

 

Better Banking Rates*
IRA-SHARE CERTIFICATES
Fixed Rates
Minimum Balance to Earn APYAPYDividend RateMinimum to Open

ROTH/EDUCATIONAL IRA CERTIFICATESMinimum Balance to Earn APYAPYDividend RateMinimum to Open

 

*Dividend rates shown are for members who qualify for full Member Rewards benefits with their GFA Membership. Without Member Rewards benefits, you will earn .25% less than the dividend rate shown under the Better Banking Rates column.  Members qualifying for full Member Rewards benefits have; a consumer checking account with direct deposit, electronic statements and a loan (excluding a personal line of credit) with GFA.  Please speak with a branch representative to ensure that you receive the maximum awards available to you.
 
 ** 24 Month Bump Up term share certificate is not eligible for Member Rewards benefits.

 
* Allows additional deposits
 

GFA Rates

Effective as of: 09/15/2014

Auto Loans

 APR = annual percentage rate
*Rates are determined by your personal credit history

AUTO LOANS
Monthly or Bi-weekly payments
TERMRate*APRPAYMENTS / $10,000

*APR example based on a $10,000 loan with a $20.00 application fee.

2012 and older:
Call for additional rates

100% financing available


MOTORCYCLE LOANS
Monthly or Bi-weekly payments
TERMRate*APRPAYMENTS / $10,000

*APR example based on a $10,000 loan with a $20.00 application fee.

New Motorcycles 2013-2014

2011-2012 add .50% to above rates - Max term = 60 months
Call for additional rates on older models

100% financing available

RECREATIONAL VEHICLES
Monthly or Bi-weekly payments
TERMRate*APRPAYMENTS / $10,000

*APR example based on a $10,000 loan with a $20.00 application fee.

Snowmobiles, ATV's, Motor Homes, Boats  New 2013-2014

2011-2012 add .50% to above rates - Max term = 60 months
Call for additional rates on older models

Discounted rates may apply with Member Rewards
100% financing available

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Mortgage Loans

Live The Dream. We offer a wide range of mortgage lending options with competitive rates, flexible terms and service that is second to none.

*Homeowners Insurance may be required
*Payment examples do not include taxes and insurance.  Your payment may be greater if secured by a first lien.

 

REVOLVING LINE OF CREDIT MORTGAGES - up to 80% LTV
TERMRATEAPR
 

No Closing Costs

1.250% until 1/15/2015 then Prime rate minus .250% for life with floor rate of 3.000%

Prime rate as published in the Wall Street Journal on the
first business day of each month 3.250% (effective 09/02/2014).
The initial rate may be discounted.

 

FIXED RATE EQUITY LOANS - up to 80% LTV
TERMRATEAPRPAYMENTS / $1,000

 

REVOLVING LINE OF CREDIT MORTGAGES - from 80.01% to 100% LTV
TERMRATEAPR
 

Prime rate plus 2.000% with floor of 5.000%

Prime rate as published in the Wall Street Journal on the
first business day of each month 3.250% (effective 09/02/2014).

 

FIXED RATE EQUITY LOANS & PURCHASE MONEY 2NDS
FROM 80.01% TO 100% LTV
TERMRATEAPRPAYMENTS / $1,000

 

FIXED RATE MORTGAGE - CONVENTIONAL & JUMBOS UP TO $750,000.00
Bi-Weekly Payments Available
TERMPOINTSRATEAPRPAYMENTS / $100,000

 

30 YEAR ADJUSTABLE RATE MORTGAGES
1/1-Based on 30 year Loan Term MARGIN 2.75% MAX RATE CHANGE 1% CAP 6%
3/3, 5/1, 7/1-Based on 30 year Loan Term MARGIN 2.50 MAX RATE CHANGE 2% CAP 6%
TERMPOINTSRATEAPRPAYMENTS / $100,000
  

MAX RATE CHANGE 2% CAP 6%
* The initial interest rate may reflect a discount or premium
*The APR may increase after consummation.

 

CONSTRUCTION

All Rates are Subject to Underwriting and Credit Approval

Rates May Change Upon Credit Review

Some restrictions may apply. Annual percentage Rate shown as APR.
All APR's are based on 80% Loan to Value and a loan amount of $100,000.00.

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Other Loans

GFA offers a wide variety of consumer loans: including Personal Loans, Recreational Vehicle Loans, Secured Loans, Home Improvement Loans, Computer Loans, Student Loans, Overdraft Protection. To discuss your personal needs and possible solutions, call us at 978-632-2542 or stop by any branch.

 

TypeTermRateAPRPayment / $5000.00

***APR example based on a $5,000 loan with a $20.00 application fee.

FOR ADDITIONAL RATES CALL US AT 978-632-2542 OR STOP BY ANY BRANCH

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Norton Secured Equal Housing Lender Member MSIC Sum ATM NCUA
Federally insured by NCUA