BANNOCKBURN, Ill. –As CUToday.info has been reporting, credit unions seeking deposits have been forced by a competitive market to dangle some attractive offers, particularly on certificates. That includes Great Lakes Credit Union (GLCU), which has launched a three-month share certificate paying a 4.85% APY.
“Those in our communities have been asking for more high-yield, short-term investment options, and we're excited to deliver just that," said President and CEO Steven Bugg. "We're committed to giving back to our members and communities by offering the best financial products and services, and our new three-month 4.85% APY certificate is a testament to that dedication. “Our goal is making financial empowerment attainable for everyone. That’s why this certificate not only has a great rate, but also a relatively low initial deposit requirement.”
The certificate has a $1,000 minimum.
Feeling the FOMO Fever? CUToday.info Has a Prescription
Are you missing out on the latest news in credit unions? Missing the trends and developments you need to be aware of? We can help. Each morning CUToday.info delivers its daily Fresh Today news update offering the latest headlines and breaking news right to your email, with the easy-to-read headlines format allowing you to click on the stories that interest you most in order to learn more.
And it’s free!
If you haven’t yet signed up for the new email solution on which CUToday.info has partnered with ResponseGenius, you can do so here. Signing up requires less than one minute of your time—and it’s free!
Please note that after signing up you may need to go to your Spam/Junk folder and mark the morning headlines email as safe. CUToday.info does not provide its list of readers and emails to outside parties, and we will not be contacting you to sell you an extended warranty or sending you any links so you may cash in on an inheritance you didn’t know was coming.
And did we mention it’s free?
Please note and/or make your IT department or email administrator aware the emails will be coming from the domains CUTodayinfo.com and CUTodayinfoReply.com