Home Page
Locations
Services/Products
   Savings Products
Savings Rates
Loan Rates
Mortgage Rates
Loan Application
Membership
Newsletters
Email Us
Special Forms
Disclosures

Services/Products >> Savings Products

Share Savings Account

  • A membership account that makes you eligible for all other GNCFCU products, services and benefits
  • Must maintain only a $5 balance for membership
  • Monthly dividends based on daily balance over $100 with quarterly statements
  • No worry federally insured savings
  • Low $50 opening requirement and minimum balance for no service charges
  • 24-hour access through ATMs, On-line banking, and TeleBranch 1-800-945-8892
  • May be used as security for a loan or overdraft protection for your GNCFCU Draft/Checking Account

Premier Savings Account

  • A higher rate savings account that makes you eligible for FREE benefits
  • Must maintain a minimum balance of $2,500
  • Competitive tiered Premier Savings rates for higher earnings on higher deposit amounts
  • Monthly dividends based on daily balance over $2,500 with quarterly statements
  • No worry federally insured savings
  • No minimum service charges
  • No limit on withdrawals or deposits
  • 24-hour access through ATMs, On-line banking, and TeleBranch 1-800-945-8892
  • May be used as security for a loan or overdraft protection for your GNCFCU Draft/Checking Account

Youth Savings Account

  • A special savings account for persons under the age of 21 years
  • A membership account that makes you eligible for all other GNCFCU products, services and benefits
  • Must maintain only a $5 balance for membership
  • Low $5 opening requirement
  • No service charges  
  • Monthly dividends with quarterly statements
  • No worry federally insured savings

Christmas and Vacation Club Accounts

  • Savings plans for special purposes holidays, vacations, taxes, and large purposes
  • Easy to save with payroll deduction
  • Competitive monthly dividends earned on daily balance over $100
  • No service charges
  • Offer flexible withdrawals
  • Deposit any time
  • Christmas Club accounts automatically transfer once a year
  • No worry federally insured savings

Draft/Checking Account

  • Regular checking account with low $50 minimum balance for no service charges
  • Monthly statements
  • Unlimited check writing
  • No per check charges
  • 24 access through ATMs and On-line banking
  • Free debit card for purchases and easy convenience
  • Free initial supply of checks for moving your checking account to GNCFCU  
  • Overdraft protection options available
  • Direct Deposit accepted

Term Share Certificate

  • Low minimum deposit of $500.00
  • Flexible terms from 3 months to 4 years
  • High savings rates
  • Dividends compounded and credited monthly on daily balance
  • Flexiblity - dividends deposited or mailed
  • Automatically renewed at current rate and term unless otherwise instructed
  • Rates are guaranteed for the term of the account
  • IRA Term Share Certificates available too
  • May be used as security for a loan
  • No worry federally insured savings

Individual Retirement Accounts

  • Both Traditional and Roth IRAs available
  • Open an IRA Share Savings account.....
    • No minimum balance required
    • Competitive monthly dividends earned on daily balance over $100
    • Dividends compounded and credited monthly
    • Direct deposit accepted
  • Open an IRA Term Share Certificate
    • Low minimum deposit of $500.00
    • Terms up to 36 months
    • Dividends compounded and credited monthly
  • No maintenance fees, so every dollar stays in your account earning dividends
  • Competitive dividend rates
  • Tax deferred earnings on Traditional IRAs until withdrawn
  • Tax-free earnings and withdrawals on Roth accounts
  • No worry federally insured savings

Coverdell Education Savings Accounts

  • Contributions up to $2,000 per child, per year (if income eligible) until the child becomes 18
  • Tax-free earnings, but contributions are not tax-deductible
  • Qualified withdrawals are tax- and penalty-free
  • Designed for parents and grandparents to fund children's schoolings
  • Not limited to "college" education, available for elementary, secondary and post-secondary education
  • Transfer funds from one child to another child in the family
  • Age limits are eliminated for special-needs students
  • Restrictions apply, contact our Member Service staff for details
  • No worry federally insured savings

 

 

 

 

 


Greater Niles Community Federal CU
507 East Main
Niles, Michigan 49120
269.684.6005 / TeleBranch 1.800.945.8892
Fax: 269.684.6173
info@gncfcu.org