CO-OP Shared Branch


Grossmont Schools Federal Credit Union

Summer Savings

Summer Savings is a unique savings plan that serves the needs of members who receive a paycheck only during the ten or eleven months school is in session. With this plan, savings that are deposited throughout the school year become income during the summer months. This account also allows deposits through direct deposit and automatic transfer from another share or checking

  • A minimum balance of $5.00.
  • Dividends are calculated daily and paid monthly.
  • Competitive Dividend rates.
  • Unlimited in-branch withdrawals
  • Six preauthorized, automatic, electronic or telephone transfers (including "Anytime Teller" audio response/CU@U Internet Branch) per month to another credit union account or to a third party.
  • Checks are automatically mailed to you, ½ in August and the balance in September.

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Co-Op Visa Verified NCUA - Your Savings Federally insured to at least $250,000 and backed by the full faith and credit of the United States Government.  National Credit Union Administration, a U.S. Government Agency. HUD