Get more from your savings account.

Our Preferred Savings account offers up to 3.03% APY, so you can get more back from your hard-earned money.

Preferred Savings

Let your money start working for you. This reverse-tier APY savings account is set up to get you the most bang for your buck.

  • Up to 3.03% APY*
  • Minimum of $5,000 to open (new funds only**)
  • Must maintain a minimum daily balance of $5,000 to earn dividends
  • No monthly service fees

*APY is Annual Percentage Yield. APY effective 4/16/19. **A minimum deposit of $5,000 is required to open a Preferred Savings Account, and the initial deposit must consist of new funds. New funds are funds not on deposit at GFCU at the time the Preferred Savings Account is opened. Dividends compounded and paid quarterly. Interest rate and APY subject to change.

Preferred SavingsCalculator

Deposit range is $0–$99,999,999

Distribution Breakdown
Tiers Rate
$0 3.00%
$0 2.00%
$0 1.00%
$0 0.60%
$0 0.50%
$0 0.40%

This calculator is for illustrative purposes only and does not reflect the actual results of any specific deposit amount.

Preferred Savings Rates

Total Funds In Account Dividend Rate APY Range
$5,000.00* 3.00% 3.03%
$5,000.01 - $6,000.00 2.00% 3.03% - 2.86%
$6,000.01 - $7,000.00 1.00% 2.86% - 2.60%
$7,000.01 - $10,000.00 0.60% 2.60% - 1.99%
$10,000.01 - $40,000.00 0.50% 1.99% - 0.87%
$40,000.01 or greater 0.40% 0.87% - 0.40%

*First $5,000 deposited must be new funds. New funds are funds not on deposit at GFCU at the time the account is opened.