Deposits
- All deposits are federally insured up to $100,000 by the National Credit Union Administration – a U.S. government agency
- Insurance coverage increased to $250,000 on retirement accounts
Share Savings Accounts
Share Savings Accounts
Regular Share Savings
Your Share Savings Account represents ownership and membership in the credit union.
- Minimum $25 balance required
- No minimum balance required above $25 to earn interest (interest applied
at the end of each quarter)
- 12 free withdrawals per year
Yield-Plus Savings
When you want your money to work a little harder, simply maintain a higher minimum balance to earn a higher rate.
- Requires an initial deposit and minimum balance
of $2,000
- No monthly service charges, even when minimum balance is not
maintained (earns Regular Share Savings rate when balance falls below
minimum)
- Detailed periodic statements
Holiday Club Savings
Save up for the holidays or a well-deserved vacation.
- Deposits can be made in person, through payroll deduction, or by mail
- Christmas Club funds can be withdrawn from November 1 through
January 31 without penalty
- Vacation Club funds can be withdrawn from May 1 through July 31 without
penalty
Home Buyer Savings
Save up for purchasing a home with this unique savings account. It’s a great way to set cash aside and get more for your money over time.
- Deposits can be made in person, through payroll deduction, or by mail
- Finance your home through Greenville Federal Credit Union and we’ll
match every saved dollar you use toward your down payment and closing
costs to reduce your 1% origination fee (up to 1/2 % or $1,500, whichever is less) on our Adjustable Rate Mortgage
Share Checking Accounts
Regular Share Checking
Our truly free version of a traditional checking account delivers all the features you need and more – without all the hidden costs.
- Free interest-bearing account
- No minimum balance
- No per-check charges
- No monthly fees
- Direct deposit and payroll deduction
Yield-Plus Checking
Your checking account delivers all the features of Regular Share Checking with higher percentage yield on the money in your account.
- Free interest-bearing account
- Requires an initial deposit and minimum balance
of $2,000
- No monthly service charges, even when minimum balance is not
maintained (earns Regular Share Checking rate when balance falls below
minimum)
- No per-check charges
- No monthly fees
- Direct deposit and payroll deduction
50-Plus Checking
If you’re 50 or over and have any Share Checking Account, you have access to a host of money-saving benefits.
- Free checks
- Free money orders
- Free wire transfers
- Free notary service
- No fee American Express Travelers’ Cheques
VISA Check Card
A convienient way to access your checking account is with the VISA Check Card.
- Free with any Share Checking Account
- No annual fees
- Use for debit, including cash back at the register, and ATM transactions
(over 20,000 no-surcharge ATMs in network)
- Funds automatically deducted from your account
- 24/7 access to your account
- Accepted anywhere you see the VISA symbol
- ATM Transaction Card also available
Share Retirement Accounts
Click here to open the IRA Center™ IRA Information Site
Traditional IRA
A customized IRA can help you reach your retirement goals. You can contribute up to $4,000 to your traditional IRA – tax deductible if you don’t have an employer retirement plan. That limit will increase in 2008 and beyond.
- Investment growth is tax-deferred and taxed only upon withdrawal
- Contributions may be tax-deductible if you have an employer retirement
plan
- Our floating IRA has no maturity date
- Schedule regular direct deposits to maximize your participation
ROTH IRA
If you earn income, you can open and contribute to a ROTH IRA. Unlike traditional IRAs, you’re not required to take minimum distributions after age 70 1/2.
- Contributions can always be withdrawn tax-free
- Earnings may be withdrawn tax-free
- Contributions are not tax-deductible
- Schedule regular direct deposits to maximize your participation
Coverdell Education Savings Account
You can contribute up to $2,000 per beneficiary for higher education and qualified elementary and secondary school expenses.
- Investment earnings are tax-free
- Contributions are not tax-deductible
Share Term Certificates
A more secure place to save your money and still have it work hard for you. Typically, the longer you put your money in, the higher dividends it pays.
- Terms from 91 days to 60 months
- $500 minimum deposit required
- Ask your Member Service Representative or visit our website for current
rates
