Great Lakes Credit Union Money Market Account Review

Great Lakes Credit Union Money Market Account is offered by Great Lakes Credit Union, a credit union founded in 1938 and based in Bannockburn, IL. Great Lakes Credit Union Money Market Account is available in 1 state across the USA.

Are money market accounts from Great Lakes Credit Union federally insured?

Yes, your Great Lakes Credit Union money market accounts are insured up to $250,000 per person by the National Credit Union Share Insurance Fund (NCUSIF). Individual Retirement Accounts (IRA) are insured separately up to $250,000. The National Credit Union Administration (NCUA), a federal agency, administers the insurance fund and regulates federally insured credit unions. The fund is backed by the full faith and credit of the U.S. Government.

What are the Great Lakes Credit Union Money Market Account rates?

Great Lakes Credit Union Money Market Account offers an APY starting at .45% and ranging up to 1.50% (APY stands for annual percentage yield, rates may change). However, to earn interest you must keep a minimum balance of $2500.

What are the Great Lakes Credit Union Money Market Account fees?

What is the minimum balance for Great Lakes Credit Union Money Market Account?

No minimum initial deposit. Great Lakes Credit Union does not require a minimum initial deposit to open an account.

Monthly maintenance minimum balance of $500. You can avoid the monthly fee if you keep a minimum balance $500.

Interest rate minimum balance of $2,500. You must keep the account balance above $2,500 to earn interest.

What features and perks does Great Lakes Credit Union Money Market Account offer?

This account does not seem to offer any of the features and perks we track.

How to open an account with Great Lakes Credit Union

• Visit the Great Lakes Credit Union website.
• Fill in the application form. You will typically need to provide general financial information, such as your name, Social Security Number and address.
• Check the information is accurate and submit your application.