Savings Accounts
Regular Shares:
All shares are insured up to the maximum of $100,000.00 by the National
Credit Union Administration. You must have a savings share account
in order to have any other services with us. Statements will be
provided quarterly. If you have a share draft account or an ATM
card, statements will be provided monthly.
 Share
Draft Accounts:
Members opening a share draft account (checking account) receive
an all-inclusive monthly statement. There is no minimum balance
required or service charge. Your first order of checks are free
and you receive unlimited check writing privileges. You can also
receive a free VISA Check Card (debit card).
Christmas Club Accounts:
A GMEFCU Christmas Club is the proven way to save for holiday expenses.
Put a little away each week or just sign up for payroll deductions.
There is no minimum balance required and no set deposit amounts.
Then, just about the time the holiday shopping season begins you’ll
be ready with your Christmas Club savings, plus interest.
Vacation Club:
A GMEFCU Vacation Club can help you get away. You work hard all
year long and sometimes need a little R & R. A GMEFCU Vacation
Club can help you set aside the funds you’ll need with a goal
in mind.
Tax Club:
A GMEFCU tax club can help you save for taxes or as an extra savings
account. Funds are available to withdraw at any time.
Certificates of Deposit:
A minimum deposit of $500 is all that is required to earn guaranteed
interest rates over a specific period of time-no matter what happens
in the financial markets. Whether you’re looking for a guaranteed
return over the next few months, or the next few years, GMEFCU is
the place to invest.
Insurance:
Credit Life and Disability – Groton Municipal Employees Federal
Credit Union offer credit life and disability insurance on our loan
products. We can include the price with your payment.
|
