Great Lakes Credit Union Savings Accounts & Money Market Accounts

Great Lakes Credit Union of (GLCU) of Lake County, Illinois, is advertising nine different types of savings accounts and two different types of money market accounts.

The credit union's savings account rates are not the best savings account rates available but they are competitive with the national average savings account rates.




The highest savings account rate is on their Santa Saver Savings Account. The current savings rate is 0.75 percent with an annual percentage yield of 0.75 percent. The credit union's nine types of savings accounts include the following:

Great Lakes Credit Union Savings Accounts



  • Share Savings Account $100 minimum to earn 0.25% Rate 0.25% APY

  • Santa Saver Savings Account $5.00 minimum to earn 0.75% Rate 0.75% APY

  • Baby Joey Savings Account $5.00 minimum to earn 0.50% Rate 0.50% APY

  • Kirby Kangaroo Savings Account $5.00 minimum to earn 0.50% Rate 0.50% APY

  • Teen Savings Club Savings Account $5.00 minimum to earn 0.50% Rate 0.50% APY

  • On Your Way Savings Account $5.00 minimum to earn 0.50% RAte 0.50% APY

  • Business Savings Account $1000 minimum to earn 0.25% Rate 0.25% APY

  • Health Savings Account $100 minimum to earn 0.25% Rate 0.25% APY

  • IRA-Share Savings Account $50 minimum 0.50% Rate 0.50% APY


Great Lakes Credit Union Money Market Accounts



  • Money Market (including IRA) $1000 min to earn - $24,999 0.399% Rate 0.40% APY

  • Money Market (including IRA) $25,000 - $49,999 0.499% Rate 0.50% APY

  • Money Market (including IRA) $50,000 - $99,999 0.698% Rate 0.70% APY

  • Money Market (including IRA) $100,000 + 0.798% Rate 0.80% APY

  • Business Money Market $2,500 min. to earn - $24,999 0.399% Rate 0.40% APY

  • Business Money Market $25,000 - $49,999 0.499% Rate 0.50% APY

  • Business Money Market $50,000 + 0.698% Rate 0.70% APY


For a more current list of their savings account rates and money market account rates visit glcu.org.
 
Author: Brian McKay
May 7th, 2010