Savings Accounts

Build Your Savings

Secure Savings with GFCU

Opening a savings account can secure your future for planned purchases, build emergency funds, and earn interest on YOUR money with less risk that traditional investment options.

Types of Savings Accounts
Share and Preferred Savings Accounts

Open a Savings account with as little as $5 or $5,000, and earn competitive dividends on account balances.

Long Term Savings Options

For those seeking long-term, higher yield savings solutions, Generations offers additional accounts through Money Markets, IRAs and Certificates.

Specialty Options

Save over time and plan for your next vacation or holiday expenditures with a Vacation Club or Christmas Club Savings Account.

Shared & Preferred Savings Accounts

Share Savings Account

Savings Accounts for Everyone

 

Generations offers savings options to match all lifestyles. Choose an account that works for you and enjoy peace of mind knowing your money is federally insured.

Share Savings Account >

  • $5 to open
  • Establishes your membership with GFCU
  • Dividend earning

Preferred Savings Account

Earn Money on Your Savings

 

Grow your savings at a rate that makes sense for you and your financial goals. With a Preferred Savings Account, you’ll earn competitive dividends on account balances.

Preferred Savings Account >

  • Reverse-tier savings account is set up to get you the most bang for your buck
  • Dividend earning
  • Minimum of $5,000 to open (new funds only**)
  • Must maintain a daily balance of $5,000 to earn dividends
  • No monthly service fees
Long Term Savings Options

Aligning your financial goals with the right savings vehicle is our priority. For those seeking long-term, higher yield savings solutions, Generations offers additional accounts.

Money Markets

Take your deposits to the next level with a GFCU Money Market Deposit Account. Move up to an account that has the potential for higher returns over a traditional savings account. Benefit from higher rates and check-writing privileges while saving for your next financial goal. This account is ideal for savers who maintain higher deposit balances. Open an account for a minimum of $2,000 and benefit from unlimited in-person withdrawals and transfers.

Learn More >

IRAs

Take steps now to ensure a secure financial future. You’re never too young to plan for your retirement or save for your child’s educational expenses. GFCU offers Individual Retirement Accounts (IRAs) that make saving easy. IRAs are tax-advantaged accounts that help turn your long-term financial plans into reality.

We offer the following accounts to meet your savings goals:

Learn More >

Certificates

Bolster your savings with a higher rate of return over a traditional savings account. GFCU members earn a guaranteed rate of return when they open a Certificate Account with as little as $1,000.
Let your deposits work harder for you when you don’t need to access them for a set period of time.
Terms range from 6 to 60 months. Jumbo certificates are also available.

Learn More >

Specialty Savings Accounts

It never hurts to get a head start on your annual financial goals. For those planning ahead, a Generations specialty account may be right for you.

Christmas Club Account
  • Specialty account for holiday spending
  • Dividend earning (see current rates)
  • No monthly account fee
  • Balance transferred on October 31
Vacation Club Account
  • Specialty account for trips and vacations
  • Dividend earning (see current rates)
  • No monthly account fee
  • Balance transferred on April 30

It never hurts to get a head start on your annual financial goals. For those planning ahead, a Generations specialty account may be right for you.

Become a Generations Member and Start Saving
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