Bright Future Savings Program
Build Big Dreams, One Dollar at a Time
With as little as $100, your child can earn up to 10% APY* and graduate with over $10,000** in savings!
Features You’ll Love
- Earn competitive dividends
- No fees
- Rewards & Bonuses
- Each child establishes a Bright Future Savings account working toward a goal tailored to their age or grade level.
- Once your child meets their annual Bright Future Savings goal (which runs on a July 1–June 30 calendar year), GPO will convert that exact amount into a Bright Savers Certificate, earning high interest and growing their savings even faster!
- Bright Savers Certificates are issued each July and will mature in December of your child’s high school graduation year.
- Kids who join early and meet all savings goals could graduate high school with over $10,000** saved!
Miss a Goal? No Problem!
If your child misses one of their goals, they may qualify for a $500 Fallback Share Certificate earning 5% dividend rate* – because every step builds a brighter future!
Early Withdrawal Options:
Bright Future Savings Program has no fees, so members may choose to withdraw the funds before your child’s senior year for college prep or other needs. Please consult your advisors to guide your family on the best strategy.
*Eligibility for Fallback Certificates and applicable term are based on the child accountholder’s age/grade. Amount and dividend rates are subject to change without notice. See a GPO representative for more information and applicable terms.
- Children of all ages are welcome, from newborns to preteens (birth to 17 years of age). Any child age 14 or younger must have a joint owner who is 18 years or older. To open an account, you will need the child’s Social Security card and birth certificate. Children age 15-17 may open a Bright Future Savings account without a joint owner.
- Families living, working, worshiping, or attending school in GPO’s membership area can participate.
Term Share Certificate Schedule*
| Age/Grade | Amount saved by June 30th | Term of Certificate (in years) | Annual Percentage Yeild | Approx. Dividend Earned |
| 0-1y | $100.00 | 15y 5m | 10.00% | $154.17 |
| 2y | $100.00 | 14y 5m | 10.00% | $144.17 |
| 3y | $100.00 | 13y 5m | 10.00% | $134.17 |
| 4y | $100.00 | 12y 5m | 10.00% | $124.17 |
| 5y | $100.00 | 11y 5m | 10.00% | $114.17 |
| 6y | $100.00 | 10y 5m | 10.00% | $104.17 |
| 7y/2nd | $200.00 | 9y 5m | 10.00% | $188.33 |
| 8y/3rd | $300.00 | 8y 5m | 10.00% | $252.50 |
| 9y/4th | $400.00 | 7y 5m | 10.00% | $267.00 |
| 10y/5th | $500.00 | 6y 5m | 9.00% | $256.67 |
| 11y/6th | $600.00 | 5y 5m | 8.00% | $227.50 |
| 12y/7th | $700.00 | 4y 5m | 7.00% | $185.50 |
| 13y/8th | $800.00 | 3y 5m | 6.00% | $136.67 |
| 14y/9th | $1,000.00 | 2y 5m | 5.00% | $120.83 |
| 15y/10th | $1,100.00 | 1y 5m | 5.00% | $77.92 |
| 16y/11th | $1,200.00 | 5m | 5.00% | $25.00 |
| 17y/12th | $1,300.00 | in savings account | 5.00% | based on market rate |
*APY = Annual Percentage Yield. GPO’s Bright Future Savings Program Term Share Certificates are locked at the opening of the Term Share Certificate. Term share certificate eligibility is based on the child accountholder’s age/grade. The above savings schedule and dividend rates are subject to change without notice. If the savings balance does not meet the amount saved by June 30th requirement, a certificate will not be opened. All dividends will vary depending on actual day deposited into Term Share Certificate. Members are eligible for up to one Bright Future Savings Program with a maximum of 16 Term Share Certificates. No penalties for early withdrawal. Membership eligibility required. Insured by NCUA. Speak with a GPO representative for current rate information as well as applicable terms.
- Call us at 315-724-1654
- Make an appointment or visit your nearest GPO branch to open an account.
Open a GPO Bright Future Savings account and watch your child build confidence, develop strong financial habits, and grow their savings—all while having fun! GPO Federal Credit Union: Your Journey. Our Commitment.
*APY = Annual Percentage Yield. GPO’s Bright Future Savings Program Term Share Certificates are locked at the opening of the Term Share Certificate. Term share certificate eligibility is based on the child accountholder’s age/grade. The above savings schedule and dividend rates are subject to change without notice. If the savings balance does not meet the amount saved by June 30th requirement, a certificate will not be opened. All dividends will vary depending on actual day deposited into Term Share Certificate. Members are eligible for up to one Bright Future Savings Program with a maximum of 16 Term Share Certificates. No penalties for early withdrawal. Membership eligibility required. Insured by NCUA. Speak with a GPO representative for current rate information as well as applicable terms.
**Projected Savings based on Term Share Certificate Schedule