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Designed to build your wealth faster, our High Yield Savings offer increased earnings and convenient access.Â
Higher Yields on Your Money
You’ve worked hard for your money, and now it’s time your money worked hard for you. With our High Yield Savings account, you’ll earn the highest interest rate we have to offer on qualifying balances.
Whether you’re saving for a college fund, your dream getaway, or something else entirely, at Great Meadow Federal Credit Union, you have the freedom to save how and what you want.
Start earning more today.
Whether you are saving for college, a vacation, a wedding or retirement a separate savings account is the perfect way to save.
Depositing money into your savings account is a snap with our easy to use Mobile Remote Deposit App. Download from the Apple Store or Google Store and set up your account with a Member Service Representative. Then you are able to take photos of checks and deposit into your account whenever you have time.
Your savings account can help you avoid getting charged with overdraft penalties on your checking account. When you have your checking account at GMFCU and opt-in to our Overdraft Protection we will automatically transfer money to your checking account to avoid any overdrafts. You will pay a small fee of $3 per item, which will save you the much larger overdraft fees and embarrassment of having an item returned.
*APY=Annual Percentage Yield. This is a tiered interest rate account. 4.50% APY on balances of $2,500.0 to $25,000; 0.25% APY on deposits starting at $25,000.01 and up. These APYs are accurate as of 03/01/2025. Rate is variable and subject to change after account opening. The minimum to open an account is $2,500,00. Balances that fall below the minimum during a statement cycle earn 0.25% APY. Fees may reduce earnings on the account. Limit one account per SSN. Membership eligibility required. See credit union for details. Federally insured by NCUA.
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