Savings rates

​Rates effective January 1, 2019

Your credit union offers a variety of savings accounts to provide you with a safe and secure place to put your money. Every new GPO ownership begins with a Share Savings Account, which is our regular savings account. It's called a "share" account, because at GPO, you're an owner of the credit union. If you are interested in opening a savings account, contact any branch for full details.

*Interest earnings may be affected by fees.

SHARE SAVINGS

ACCOUNT TYPE	MINIMUM BALANCE	APR*	APY*
Share Savings	$50.01	0.25%	0.25%
Loan Payment Share Savings	$50.01	0.25%	0.25%
Kids Only Savings Club	None	0.25%	0.25%
Club Accounts (Special Purpose, Christmas, Vacation)	$50.01	0.25%	0.25%

*Annual percentage rate and annual percentage yield. Dividends are credited monthly based on day of deposit, day of withdrawal. Minimum balance is required to earn interest.

MEMBER CHOICE TERM SHARE CERTIFICATES

ACCOUNT TYPE	MINIMUM BALANCE	APR*	APY*
Money Market — 6 month	$1,000	0.995%	1.00%
Term Share — 12 month	$1,000	2.374%	2.40%
Term Share — 24 month	$1,000	2.57%	2.60%
Term Share — 36 month	$1,000	2.765%	2.80%
Term Share — 48 month	$1,000	2.96%	3.00%
Term Share — 60 month	$1,000	3.057%	3.10%
Kids Only Savings — 12 month	$250	2.374%	2.40%

*Annual percentage rate and annual percentage yield. There are dividend penalties for early withdrawal. Kids Only Savings Club requires additional monthly deposits via direct deposit for automatic transfer. Refer to certificate for details.

MONEY MARKET SAVINGS AND IRAs

ACCOUNT TYPE: Traditional, Roth and Educational

BALANCE	APR*	APY*
$2,000 to $19,999.99	0.549%	0.55%
$20,000 to $49,999.99	0.648%	0.65%
$50,000 and up	0.747%	0.75%

*Annual percentage rate and annual percentage yield. Account balances below $2,000 minimum earn 0.20% less than posted regular share rate.

MEMBER CHOICE TERM SHARE IRAs

ACCOUNT TYPE	MINIMUM BALANCE	APR*	APY*
12-month certificate	$1,000 / $500	2.374%	2.40%
24-month certificate	$1,000 / $500	2.57%	2.60%
36-month certificate	$1,000 / $500	2.765%	2.80%
48-month certificate	$1,000 / $500	2.96%	3.00%
60-month certificate	$1,000 / $500	3.057%	3.10%

*Annual percentage rate and annual percentage yield. Dividends are compounded and posted monthly. There are penalties for early withdrawal. Minimum balance of $1,000, or $500 on education IRAs.