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| Shares/Savings |
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Whether you are saving for a special purchase,
the holidays, a second honeymoon, or your retirement,
G.A.P. Federal Credit Union is here to help you
with various savings plans to meet your particular needs.
The choice is yours! ![]() NCUA PROTECTION: WHAT IT MEANS FOR YOU "Deposits insured by the NCUA." What does it mean for you? Quite simply, it means peace of mind. Because your money is safe in an NCUA insured credit union. NCUA - The National Credit Union Administration - is an independent agency of the United States government that insures a member institution's deposits if it should fail. Only federal or state-chartered credit unions may obtain NCUA insurance, and only if they meet and adhere to the NCUA's high standards. Should a credit union fail, the NCUA stand ready to reimburse members for thier losses. NCUA insurance offers an extra measure of protection for your money, whether it is held in share draft checking, savings or money market accounts, share certificates, a trust fund or an Individual Retirement Account. And NCUA insurance is provided at no cost to you, the credit union member. But the only fact you really need to remember is, not one dollar of NCUA - protected money has ever been lost by a credit union member. So rest easy. Your money is safe - and working hard for you - with us. This NCUA symbol is your guarantee.
Special Share Accounts - These accounts are commonly referred to as "sub" accounts and are treated just like your regular share account, but kept separately for vacations, taxes, insurances, or just a "rainy day". There is no minimum balance required, and deposits and/or withdrawals are at your discretion. Contact us today and start saving for that something "special".
Christmas Club Accounts - Don't be a Grinch next Christmas because you didn't open a Christmas Club! Start Now! It's never too late! Deposits can be made at either of our offices, by mail, or payroll deduction. About the third week in October, the funds will be mailed to you, held for you to pick up at our office, or transferred to your account. Withdrawals prior to this time could result in the closing of this account. It's as simple as that! So don't let those holiday bills overwhelm you, contact us and open your Christmas Club Account today!
"Stork" Club Accounts - Are you expecting a new "Bundle of Joy"? Mom, dad, grandma, grandpa let us know when your newest "little member" arrives and we will start their very own share account by depositing the first $5.00. When our kit arrives, just follow the instructions and return to us. Children are the Members of the Future!
Share Certificate of Deposit - Looking for ways to make more money safely? G.A.P. Federal Credit Union's Share Certificate of Deposit is a federally insured way to do just that. A minimum deposit of $500.00 is required to open and you can choose from a variety of terms and interest rates. Dividends are paid monthly or quarterly depending on the term, and can be mailed to you, or deposited directly to your certificate or share account. A penalty will be charged if funds are withdrawn before certificate matures.
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