Products
Savings Accounts
Preferred Savings Account
- Reverse-tier 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 daily balance of $5,000 to earn dividends
- No monthly service fees
Preferred Savings Calculator
Deposit range is $0–$99,999,999
| 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- $10,000.00 | 1.25% | 3.03% - 2.14% |
| $10,000.01- $20,000.00 | 0.80% | 2.14% - 1.47% |
| $20,000.01- $80,000.00 | 0.70% | 1.47% - 0.89% |
| $80,000.01 or greater | 0.65% | 0.89% - 0.65% |
*APY is Annual Percentage Yield. APY is effective as of 01/21/2020. First $5,000 deposited must be new funds. New funds are funds not on deposit at GFCU at the time the account is opened. **New funds are funds not currently on deposit at Generations FCU.