Savings & Money Market

See Rates | Savings Calculator

Every savings account at Grand Rapids Family CU is insured up to $250,000 by the National Credit Union Share Insurance Fund. This fund, an independent agency of the federal government, also insures credit union IRAs up to $250,000. Savings options include:

  • Regular Savings Account
  • IRA Savings Account
  •  Money Market Account
  • Christmas Club Account
  • Certificate of Deposit (CD’s)

Regular

  • A $5.00 deposit into this account establishes your membership in the credit union.
  • No minimum balance to earn dividends
  • Dividends calculated daily paid quarterly

IRA

  • A $5.00 deposit into this account establishes your IRA Savings Account
  • Dividends calculated daily and paid quarterly
  • See IRA CD’s for better rates

Money Market Account

  • Earn a premium rate and have easy access to your money with our tiered money market account.
  • $2,000 minimum balance to earn dividends
  • Dividends calculated daily paid monthly
  • The money market tiers are based on your balance

Christmas Club

  • Save for the holidays with this convenient savings account
  • Funds are transferred on Oct. 1 into your regular savings account  

Youth Accounts
Superstar Savers (0-12) |  Teens (13-18) | Young Adult (18-25)

  • This savings account is designed for kids, teenagers, and young adults!
  • $5 minimum balance to earn dividends
  • Dividends calculated daily paid quarterly

Certificate of Deposit

  • This savings account requires a minimum deposit of $500
  • Many terms from 3 to 60 months to choose from
  • Certificates earn higher interest than traditional savings
  • Early withdrawal penalty may apply