Great Lakes Credit Union Share Certificate
in CD Accounts from Great Lakes Credit Union
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| Minimum Deposit | $1,000 |
| APY | 1.15% - 3.33% |
Great Lakes Credit Union Share Certificate Review
Great Lakes Credit Union is a credit union based in Bannockburn, IL. It was founded in 1938 and offers banking services in 1 state across the USA.
Is Great Lakes Credit Union Share Certificate insured by the FDIC?
Great Lakes Credit Union Share Certificate is not a member of the Federal Deposit Insurance Corporation (FDIC). This means your deposits are not covered by the FDIC if Great Lakes Credit Union Share Certificate were to fall into financial difficulties.
What types of CDs does Great Lakes Credit Union offer?
- IRA
- Jumbo
- Traditional
What APY does Great Lakes Credit Union offer on its CDs?
Great Lakes Credit Union Share Certificate offers an APY starting at 1.15% and ranging up to 3.33% (APY stands for annual percentage yield, rates may change). This is higher than the typical APY for online-only checking accounts, which is around 1% APY.
What types of terms does Great Lakes Credit Union Share Certificate offer?
Great Lakes Credit Union offers CD terms of the following lengths:| Description | |
|---|---|
| APY | 1.15% - 3.33% |
| APY Type | Fixed APY |
| 3-Month APY | N/A |
| 6-Month APY | N/A |
| 11-Month APY | N/A |
| 12-Month APY | 1.15% |
| 2-Year APY | 1.2% |
| 3-Year APY | 1.3% |
| 4-Year APY | 1.6% |
| 5-Year APY | 1.95% |
| 7-Year APY | N/A |
What is the minimum deposit to open a CD account with Great Lakes Credit Union?
Great Lakes Credit Union Share Certificate requires a minimum initial deposit of $1,000 to open an account.
What types of early withdrawal penalties does Great Lakes Credit Union Share Certificate charge?
Financial institutions don't typically charge many fees on certificate of deposit accounts. However, some do charge a fee if you chooose to withdrawal your money before the CD term ends.
Great Lakes Credit Union does not charge an early withdrawal fee.
Contact
- Headquarters
-
P.O. Box 1289
Bannockburn, IL 60015 USA - Visit Site
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