Local Shared Branches
 

Grossmont Schools Federal Credit Union - Effective July 1, 2008

Share Account
 
Minimum
Annual Percentage Rate (APR)
Annual Percentage Yield (APY)**
IRA Shares
$5
1.00%
1.00%

 

IRA Certificates
 
Minimum
Annual Dividend Rate (APR)
Annual Percentage Yield (APY)
3 Months
$1,000
$10,000
$50,000
2.20%
2.25%
2.25%

2.22%
2.27%
2.27%

6 Months
$1,000
$10,000
$50,000
2.55%
2.65%
2.70%
2.58%
2.68%
2.73%
12 Months
$1,000
$10,000
$50,000
2.70%
2.80%
2.85%
2.73%
2.84%
2.89%
18 Months
$1,000
$10,000
$50,000
2.75%
2.85%
2.90%
2.78%
2.89%
2.94%
24 Months
$1,000
$10,000
$50,000
2.85%
2.95%
3.00%
2.89%
2 .99%
3.04%
30 Months
$1,000
$10,000
$50,000
2.85%
2.95%
3.00%
2.89%
2.99%
3.04%
36 Months
$1,000
$10,000
$50,000
2.90%
3.10%
3.15%
2.94%
3.14%
3.20%
48 Months
$1,000
$10,000
$50,000
3.10%
3.20%
3.25%
3.14%
3.25%
3.30%
60 Months
$1,000
$10,000
$50,000
3.20%
3.40%
3.50%
3.25%
3.45%
3.56%

EARLY WITHDRAWAL PENALTY
We may impose a penalty if you withdraw any of the principal before the maturity date.

AMOUNT OF PENALTY FOR SHARE CERTIFICATE ACCOUNTS
The amount of the early withdrawal penalty is based on the term of your account.
The penalty schedule is as follows:

Terms of up to one year – 30 days of dividends or $25.00, whichever is less
Terms of greater than one year – 90 days of dividends

 

Rates are subject to change at any time.

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Grossmont Schools
Federal Credit Union

1069 Graves Avenue
Suite 100
El Cajon, CA
92021-4573

Telephone:
(619) 588-1515
Fax:
(619) 588-2197


Visa Verified NCUA - Your Savings Federally insured to at least $100,000 and backed by the full faith and credit of the United States Government.  National Credit Union Administration, a U.S. Government Agency. ASI co-op HUD