GFA Federal Credit Union

Deposit Rates

Effective Date:

 

Checking Accounts

Product
Minimum Balance to Earn APY
Annual Percentage Yield (APY)
Dividend Rate
Minimum to Open
Product Interest Checking
Minimum Balance to Earn APY$0.01 - $500.00

$500.01 - $10,000.00

$10,000.01 +
Annual Percentage Yield (APY)5.00%

3.00%

0.01%
Dividend Rate4.89% 

2.96%

0.01%
Minimum to Open $25.00

Open Account
Product Free Checking
Minimum Balance to Earn APY$0.00
Annual Percentage Yield (APY)0.00%
Dividend Rate0.00%
Minimum to Open $25.00

Open Account
Product18/65 Checking
Minimum Balance to Earn APY$0.00
Annual Percentage Yield (APY)0.00%
Dividend Rate0.00%
Minimum to Open $10.00

Open Account
ProductNew Start Checking
Minimum Balance to Earn APY$0.00
Annual Percentage Yield (APY)0.00%
Dividend Rate0.00%
Minimum to Open $25.00
Rates are variable and subject to change without notice. Fees may reduce earnings. Other rates and accounts available. Speak with a Better Banking Representative for more information or view our Terms and Conditions.

Savings Accounts

Product
Minimum Balance to Earn APY
Annual Percentage Yield (APY)
Dividend Rate
Minimum to Open
ProductStatement Savings
Minimum Balance to Earn APY$0.01

$50.00

$500.00

$5,000.00
Annual Percentage Yield (APY)0.00%

0.05%

0.05%

0.05%
Dividend Rate0.00%

0.05%

0.05%

0.05%
Minimum to Open $30.00

Open Account
ProductFusion Savings
Minimum Balance to Earn APY$0.01

$25,000.00+
Annual Percentage Yield (APY)2.85%

1.85%
Dividend Rate2.81%

1.83%
Minimum to Open $1,000.00

Open Account
Product18/65 Savings
Minimum Balance to Earn APY$0.01

$10.00+
Annual Percentage Yield (APY)0.00%

0.05%
Dividend Rate0.00%

0.05%
Minimum to Open $10.00

Open Account
ProductSavings IRA
Minimum Balance to Earn APY$0.01

$50.00

$500.00

$5,000.00
Annual Percentage Yield (APY)0.00%

0.05%

0.05%

0.05%
Dividend Rate0.00%

0.05%

0.05%

0.05%
Minimum to Open $50.00

Open Account
Rates are variable and subject to change without notice. Fees may reduce earnings. Other rates and accounts are available speak with a Better Banking Representative for more information or view our Terms and Conditions.

Money Market

Minimum Balance to Earn APY
Annual Percentage Yield (APY)
Dividend Rate
Minimum to Open
Minimum Balance to Earn APY$0.01 - $2,499.99

$2,500.00 - $24,999.99

$25,000.00 - $49,999.99

$50,000.00 - $99,999.99

$100,000.00 - $249,999.99

$250,000.00 - $499,999.99

$500,000.00 - $999,999.99

$1,000,000.00 and above
Annual Percentage Yield (APY)0.00%

0.75%

1.00%

1.00%

1.35%

1.65%

2.25%

2.40%
Dividend Rate0.00%

0.75%

1.00%

1.00%

1.35%

1.65%

2.25%

2.40%
Minimum to Open $2,500.00

Open Account
Membership to GFA Federal Credit Union requires a $10 balance in a savings or checking account.
Rates are variable and subject to change without notice. Fees may reduce earnings.


Cash Management Accounts*

Minimum Balance to Earn APY
Annual Percentage Yield (APY)
Dividend Rate
Minimum to Open
Minimum Balance to Earn APY$0.01 - $499.99

$500.00 - $2,499.99

$2,500.00 - $9,999.99

$10,000.00 - $24,999.99

$25,000.00 - $49,999.99

$50,000.00 - $99,999.99

$100,000.00 and above
Annual Percentage Yield (APY)0.00%

0.05%

0.05%

0.10%

0.10%

0.10%

0.10%
Dividend Rate0.00%

0.05%

0.05%

0.10%

0.10%

0.10%

0.10%
Minimum to Open$2,500.00
Membership to GFA Federal Credit Union requires a $10 balance in a savings or checking account.
*This is not an active product. Rates are posted for reference purposes only for members currently with active cash management accounts. The minimum balance required to avoid a service fee of $7.50/month is $2,500.00. You must maintain a minimum daily balance of $500.00 in your account each day to obtain the disclosed APY.
Rates are variable and subject to change without notice. Fees may reduce earnings.

Term Share Certificates

Term
Minimum Balance to Earn APY
Annual Percentage Yield (APY)
Dividend Rate
Minimum to Open
Term3 < 6 Months
Minimum Balance to Earn APY$500.00
Annual Percentage Yield (APY)0.20%
Dividend Rate0.20%
Minimum to Open $500.00

Open Account
Term5 Months
Minimum Balance to Earn APY$500.00
Annual Percentage Yield (APY)3.50%
Dividend Rate3.45%
Minimum to Open $500.00

Open Account
Term6 < 12 Months
Minimum Balance to Earn APY$500.00
Annual Percentage Yield (APY)0.25%
Dividend Rate0.25%
Minimum to Open $500.00

Open Account
Term10 Months
Minimum Balance to Earn APY$500.00
Annual Percentage Yield (APY)4.10%
Dividend Rate4.02%
Minimum to Open $500.00

Open Account
Term12 < 24 Months
Minimum Balance to Earn APY$500.00
Annual Percentage Yield (APY)0.35%
Dividend Rate0.35%
Minimum to Open $500.00

Open Account
Term15 Months
Minimum Balance to Earn APY$500.00
Annual Percentage Yield (APY)4.10%
Dividend Rate4.02%
Minimum to Open $500.00

Open Account
Term24 < 36 Months
Minimum Balance to Earn APY$500.00
Annual Percentage Yield (APY)0.40%
Dividend Rate0.40%
Minimum to Open $500.00

Open Account
Term25 Months
Minimum Balance to Earn APY$500.00
Annual Percentage Yield (APY)3.40%
Dividend Rate3.35%
Minimum to Open $500.00

Open Account
Term36 < 48 Months
Minimum Balance to Earn APY$500.00
Annual Percentage Yield (APY)0.60%
Dividend Rate0.60%
Minimum to Open $500.00

Open Account
Term48 < 60 Months
Minimum Balance to Earn APY$500.00
Annual Percentage Yield (APY)0.75%
Dividend Rate0.75%
Minimum to Open $500.00

Open Account
Term60 =/< 84 Months
Minimum Balance to Earn APY$500.00
Annual Percentage Yield (APY)0.85%
Dividend Rate0.85%
Minimum to Open $500.00

Open Account
Existing 24-month Bump-up Term Share Certificate account holders, please call or visit your local GFA for current rates. 
Membership to GFA Federal Credit Union requires a $10 balance in a savings or checking account.
Rates subject to change without notice. Early withdrawal is subject to penalty and may reduce earnings.

Student Saver Certificate

 

Term
Minimum Balance to Earn APY
Annual Percentage Yield (APY)
Dividend Rate
Minimum to Open
Term 12 Months
Minimum Balance to Earn APY$100.00
Annual Percentage Yield (APY)4.00%
Dividend Rate3.93%
Minimum to Open $100.00

Open Account
Membership to GFA Federal Credit Union requires a $10 balance in a savings or checking account.
18 or younger may take advantage of this special fixed term share certificate. Penalties for early withdrawal of principal are calculated as 90 days - 365 days simple interest on the amount of Principal withdrawn. Rates are subject to change without notice.

IRA Share Certificates

Term
Minimum Balance to Earn APY
Annual Percentage Yield (APY)
Dividend Rate
Minimum to Open
Term3 < 6 Months
Minimum Balance to Earn APY$500.00
Annual Percentage Yield (APY)0.20%
Dividend Rate0.20%
Minimum to Open $500.00

Open Account
Term5 Months
Minimum Balance to Earn APY$500.00
Annual Percentage Yield (APY)3.50%
Dividend Rate3.45%
Minimum to Open $500.00

Open Account
Term6 < 12 Months
Minimum Balance to Earn APY$500.00
Annual Percentage Yield (APY)0.25%
Dividend Rate0.25%
Minimum to Open $500.00

Open Account
Term10 Months
Minimum Balance to Earn APY$500.00
Annual Percentage Yield (APY)4.10%
Dividend Rate4.02%
Minimum to Open $500.00

Open Account
Term12 < 24 Months
Minimum Balance to Earn APY$500.00
Annual Percentage Yield (APY)0.35%
Dividend Rate0.35%
Minimum to Open $500.00

Open Account
Term15 Months
Minimum Balance to Earn APY$500.00
Annual Percentage Yield (APY)4.10%
Dividend Rate4.02%
Minimum to Open $500.00

Open Account
Term24 < 36 Months
Minimum Balance to Earn APY$500.00
Annual Percentage Yield (APY)0.40%
Dividend Rate0.40%
Minimum to Open $500.00

Open Account
Term25 Months
Minimum Balance to Earn APY$500.00
Annual Percentage Yield (APY)3.40%
Dividend Rate3.35%
Minimum to Open $500.00

Open Account
Term36 < 48 Months
Minimum Balance to Earn APY$500.00
Annual Percentage Yield (APY)0.60%
Dividend Rate0.60%
Minimum to Open $500.00

Open Account
Term48 < 60 Months
Minimum Balance to Earn APY$500.00
Annual Percentage Yield (APY)0.75%
Dividend Rate0.75%
Minimum to Open $500.00

Open Account
Term60 =/< 84 Months
Minimum Balance to Earn APY$500.00
Annual Percentage Yield (APY)0.85%
Dividend Rate0.85%
Minimum to Open $500.00

Open Account
Existing 24-month Bump-up IRA Share Certificate account holders, please call or visit your local GFA for current rates. 
Membership to GFA Federal Credit Union requires a $10 balance in a savings or checking account.
Rates subject to change without notice. Early withdrawal is subject to penalty and may reduce earnings.
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