Give your savings a push in a positive direction
You work hard for your money. Make it work as hard as possible for you. At Great Erie, we make an extra effort to pay higher rates on savings accounts, Money Markets, Term Share Certificates, and Individual Retirement Accounts.
Savings Accounts
| Minimum Balance |
Savings Rate |
Savings APY |
Youth Rate |
Youth APY |
| $0 to $24.99 |
0% |
0% |
.15% |
.15% |
| $25 to $999.99 |
.15% |
.15% |
.15% |
.15% |
| $1,000 to $9,999.99 |
.15% |
.15% |
.15% |
.15% |
| $10,000 to $24,999.99 |
.15% |
.15% |
.15% |
.15% |
| $25,000 to $49,999.99 |
.15% |
.15% |
.15% |
.15% |
| > $50,000 |
.15% |
.15% |
.15% |
.15% |
Term Share Accounts * 3 & 6 Month Share Certificate Accounts
| Minimum Balance |
Rate |
APY |
| $1,000 - >$50,000 3 Month |
4.00% |
4.06% |
| $1,000 - >$50,000 6 Month |
4.00% |
4.06% |
Term Share Accounts * 1 Year Share Certificate Accounts & 1 Year IRAs
| Minimum Balance |
Rate |
APY |
| $1,000 - $9,999.99 |
3.75% |
3.80% |
| $10,000 - $19,999.99 |
3.75% |
3.80% |
| $20,000 - $29,999.99 |
3.75% |
3.80% |
| $30,000 - $49,999.99 |
3.75% |
3.80% |
| > $50,000 |
3.75% |
3.80% |
Term Share Accounts * 2 Year Share Certificate Accounts & 2 Year IRAs
| Minimum Balance |
Rate |
APY |
| $1,000 - $9,999.99 |
3.55% |
3.60% |
| $10,000 - $19,999.99 |
3.55% |
3.60% |
| $20,000 - $29,999.99 |
3.55% |
3.60% |
| $30,000 - $49,999.99 |
3.55% |
3.60% |
| > $50,000 |
3.55% |
3.60% |
Term Share Accounts * 3 Year Share Certificate Accounts
| Minimum Balance |
Rate |
APY |
| $1,000 - $9,999.99 |
3.15% |
3.19% |
| $10,000 - $19,999.99 |
3.15% |
3.19% |
| $20,000 - $29,999.99 |
3.15% |
3.19% |
| $30,000 - $49,999.99 |
3.15% |
3.19% |
| > $50,000 |
3.15% |
3.19% |
Term Share Accounts * 4 Year Share Certificate Accounts
| Minimum Balance |
Rate |
APY |
| $1,000 - $9,999.99 |
3.15% |
3.19% |
| $10,000 - $19,999.99 |
3.15% |
3.19% |
| $20,000 - $29,999.99 |
3.15% |
3.19% |
| $30,000 - $49,999.99 |
3.15% |
3.19% |
| > $50,000 |
3.15% |
3.19% |
Term Share Accounts * 5 Year Share Certificate Accounts
| Minimum Balance |
Rate |
APY |
| $1,000 - $9,999.99 |
3.15% |
3.19% |
| $10,000 - $19,999.99 |
3.15% |
3.19% |
| $20,000 - $29,999.99 |
3.15% |
3.19% |
| $30,000 - $49,999.99 |
3.15% |
3.19% |
| > $50,000 |
3.15% |
3.19% |
Money Market *
| Minimum Balance |
Rate |
APY |
| $2,500 - $24,999.99 |
.95% |
.95% |
| $25,000 - $49,999.99 |
1.00% |
1.00% |
| > $50,000 |
1.05% |
1.05% |
IRA **
| Minimum Balance |
Rate |
APY |
| $50 - $24,999.99 |
.90% |
.90% |
| $25,000 - $49,999.99 |
.95% |
.95% |
| > $50,000 |
1.00% |
1.00% |
Great Erie Federal Credit Union is a full-service credit union serving the Buffalo and Erie County area, including Hamburg, West Seneca, Orchard Park, and East Aurora, New York.
*Dividends are earned on the average daily balance and paid monthly. Rates quoted are anticipated to be paid on December 31, 2024. The dividend rate and APY are subject to change monthly without notice at the discretion of the Board of Directors. A substantial penalty will be assessed on funds withdrawn prior to maturity on all Term Share Accounts.
** Dividends are earned on the average daily balance and paid quarterly. Rates quoted are anticipated to be paid on December 31, 2024, but may change. The dividend rate and APY are subject to change monthly without notice at the discretion of the Board of Directors. Once a Share Term Deposit is purchased, that rate is locked in for the term of the deposit. A substantial penalty will be assessed on funds withdrawn prior to maturity on all Term IRA Certificates.
APY: Annual Percentage Yield. APY assumes dividends remain in the account until maturity. Withdrawals reduce earnings. The above rates are anticipated to be paid for their respective dividend periods but may change. Dividends are paid at the end of the period from current income and available earnings after required transfers to reserves. These rates are not guaranteed for the current dividend period.
Fees may reduce earnings.