Student Loans
Great Lakes Credit Union has everything you need to help manage your money and plan for the future.
Great Lakes Credit Union makes it easy to switch financial institutions.
Next, follow these 3 EASY steps:
Step 1: Open a GLCU Share Savings Account.
Step 2: Begin moving your existing electronic authorizations:
Step 3: Close old accounts with this Account Closure Form once outstanding items have cleared your old accounts. Give this form to your former financial institution. We suggest waiting one or two statement cycles to be certain all electronic payments have been moved to your new GLCU account.
It’s that EASY… this initial process takes approximately 30 minutes to complete depending on the amount of payments you need to redirect. If you prefer help, call (800) 982-7850, or visit any of our convenient Branch Locations and a representative will be more than happy to help you make the switch to GLCU today!
Effective Date: Saturday, September 7, 2024
Account | Dividend Rate | APY* | |
---|---|---|---|
FREE Checking** | Up to $10,000 | 2.469% | 2.50% |
Share Savings (incl. IRA) | $100 min to earn | 0.010% | 0.01% |
Holiday Savings | Up to $1,000 | 0.995% | 1.00% |
Holiday Savings | $1,000.01 or greater | 0.050% | 0.05% |
Youth Savings Account | $5 min to earn | 0.010% | 0.01% |
*APY = Annual Percentage Yield. All dividend rates and APY may change at any time, as determined by GLCU Board of Directors. The APYs shown above assume that all principal and dividends remain on deposit for the entire term. Fees could reduce earnings on the above accounts. Penalties apply for early withdrawal from Share Certificates and Holiday Savings Accounts. Additional account information is provided in separate Account Disclosures.
**Balances up to $10,000 will earn the stated dividend rate and the portion of the balance over $10,000 will earn the standard savings dividend rate. Dividends will be paid on ONE FREE Checking Account per member. Fees could reduce earnings. This also applies to Young Adult Checking Accounts.
Savings-only membership may be subject to qualifications to avoid a monthly fee. See fee schedule for full details.
Minimum requirements to earn Free Checking dividends:
You must be enrolled in eStatements, and an active user of GLCU's online Bill Pay or Mobile Banking.