This schedule contains rates applicable to specified accounts and is incorporated as a part of your account agreement with Glendale Area Schools Credit Union.
| Type | Minimum Opening Balance | Minimum to Earn Dividend | Dividend Rate | APY* |
|---|---|---|---|---|
| Regular Savings | $0 – $249.99 | $0 | 0.00% | 0.00% |
| Regular Savings | $250 – over | $250 | 0.05% | 0.05% |
| Summertime Savings** | $25.00-$2,500** | $25 | 3.45% | 3.50% |
| Holiday Club | $0 – $5,000 | $1 | 0.10% | 0.10% |
*APY is Annual Percentage Yield. The above rates are variable, subject to change without notice, and are all anticipated rates and annual percentage yields for the current dividend period.
**Summertime Savings for School Employees only working 10 or 11 month schedules to help save for summer months
**Summertime Savings requires an electronic direct deposit between $25-$2,500 monthly deposit. No cash or checks deposit allowed.
CD/Term Share Account Rates*
| Term | Min Balance to Open | Dividend Rate | APY | Early Withdrawal Penalty |
|---|---|---|---|---|
| 6 Month | $1,000 | 0.499% | 0.50% | 1 Month Interest |
| 12 Month | $1,000 | 0.598% | 0.60% | 3 Month Interest |
| 24 Month | $1,000 | 0.747% | 0.75% | 3 Month Interest |
| 36 Month | $1,000 | 0.847% | 0.85% | 3 Month Interest |
| 48 Month | $1,000 | 0.946% | 0.95% | 3 Month Interest |
| 60 Month | $1,000 | 1.045% | 1.05% | 3 Month Interest |
| IRA Terms** | Minimum Deposit | |||
| 1 Year | $100 | See CD rates above | Early withdraw penalties may apply | |
| 2 Year | $100 | See CD rates above | Early withdraw penalties may apply | |
| 3 Year | $100 | See CD rates above | Early withdraw penalties may apply | |
| 4 Year | $100 | See CD rates above | Early withdraw penalties may apply | |
| 5 Year | $100 | See CD rates above | Early withdraw penalties may apply |
*Certificate is a tiered fixed-rate account that will earn the stated dividend rate for the duration of the account term. A penalty may be imposed for early withdrawals.
Money Market Account Rates
| Tier | Min Bal | Dividend Rate* | APY** |
|---|---|---|---|
| 1 | $1,000 | 0.05% | 0.05% |
| 2 | $25,000 | 0.15% | 0.15% |
| High Yield | $25,000 | 0.40% | 0.40% |
Checking Account Rates
| Type | Min Bal to Open | Dividend | APY** |
|---|---|---|---|
| Basic-FREE | $0.00 | 0% | 0% |
| BONUS Checking*** | $0.00 | 1.98% | 2.00% |
| VIP | $0.00 | 0.01% | 0.01% |
| Advantage | $500 | 0.01% | 0.01% |
*Variable rate high yield Money Market account dividend may adjust on the first day of every month.
**If you close your share account before dividends are paid, you will not receive the accrued dividends.
***Bonus Checking Requirements & Features, click here.
Consumer and Real Estate Loan Rates
| Loan Type | Loan Term | APR |
|---|---|---|
| Auto Loan-New or Used Car* | 12-36 Months | as low as 2.99% |
| 48-60 Months | as low as 3.49% | |
| 61-72 Months | as low as 3.99% | |
| 73-84 Months | as low as 4.49% | |
| up to 125% Financing (subject to credit approval) | ||
| *Used vehicles model years 2011 to 2016 add 1% | ||
| *Classic cars add 3% | ||
| *Motorcycles add 1.50% (Max 100% LTV) | ||
| Loan Term | APR | |
| Personal Loans | 12 – 60 months | as low as 8.99% |
| Recreational Vehicles and Boats | Loan Term | APR |
| New: – Model year 2021 and 2022 | Up to 144 Months | as low as 4.99% |
| New: – Model year 2021 and 2022 | Up to 240 Months | as low as 5.49% |
| Used:* – Model years 2017-2020 | Up to 120 Months | as low as 5.24% |
| Used:* – Model years 2017-2020 | Up to 180 Months | as low as 5.74% |
| *Used vehicles model years 2011 to 2016 add 1% | ||
| VISA Credit Card* | Loan Term | APR |
Classic Card: |
Open end |
as low as 9.9% |
Gold Card: |
Open end |
as low as 9.9% |
| *No Annual, Cash Advance, Over Limit or Balance Transfer fees All Cash Advances have 7% APR |
||
| Deposit Secured Loans* | varies | 3.00% over dividend rate on savings |
| *Secured loans offer individuals with challenged credit history to rebuild their credit by placing money on deposit as security for loan. Ask us how. |
||
| Real Estate Loans* | ||
| *Contact a Real Estate Specialist for current rates: (818)248-7425 ext. 8106 and 8116 | ||