Greece Community Federal Credit Union
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SHARE RATES
Purchase, Renew or Close a Share Certificate

Current Share Rates
Share rates effective September 30, 2017
Share certificate rates effective November 19, 2017
Rates are subject to change

Share Savings
Description Rate APY *
Regular Share & Club Accounts 0.049% 0.05%
& IRA Savings 0.049% 0.05%

Share Certificates and IRA CDs
Term Rate APY *
3 Months 0.199% 0.20%
6 Months 0.199% 0.20%
12 Months 0.299% 0.30%

Money Market Accounts
Term Rate APY*
$0-2,499.99 Min Balance $5.00 0.099% 0.10%
$2,500-9,999.99 Min Balance $2,500 0.149% 0.15%
$10,000-24,999.99 Min Balance $10,000 0.199% 0.20%
$25,000-49,999.99 Min Bal $25,000 0.249% 0.25%
$50,000 and greater Min Balance $50,000 0.299% 0.30%

* Annual Percentage Yield
Minimum amount to earn interest on Share Savings is $100
Required amount to open Share Certficate is $500

Interest Computation for Savings Accounts
Share Dividends are calculated using the average daily balance method. This method applies a periodic rate to the average daily balance in the account each month. Dividends are credited and compounded quarterly.

Share Certificate Withdrawals Penalties
Government regulations require a substantial penalty for failure to comply with share certificate requirements.  Should you withdraw funds prior to maturity, the penalty will be as follows:  If the qualifying period is one year or less, you will forfeit an amount equal to the lesser of (a) all dividends for 90 days on the amount withdrawn, or (b) all dividends on the amount withdrawn since the date of issuance or renewal. If the qualifying period is greater than one year, you will forfeit an amount equal to the lesser of (a) all dividends for 180 days on the amount withdrawn, or (b) all dividends on the amount withdrawn since the date of issuance or renewal (Penalties will not be applied if withdrawal is made subsequent to the death of the primary owner of the Share Certificate.) Should the balance of the Share Certificate fall below the required minimum, penalties will be imposed and certificate closed.



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We operate in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.
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.