Account Rates

Click here to review fees and charges applicable to your regular GEFCU share, share draft, and money market accounts.

Click here to review GEFCU's conditions

Rates and Fees Effective
February 1, 2012 Until Further Notice

Share Savings Account		Share Draft Account
Prospective Dividend Rate	0.25%	Prospective Dividend Rate	0.15%
Prospective Annual Percentage Yield (APY)	0.25%	Prospective Annual Percentage Yield (APY)	0.15%
Dividends Compound	Quarterly	Balance Required To Earn Stated APY	$500.00
Dividends Credited	Quarterly	Dividends Compound	Monthly
Dividend Period	Quarterly	Dividends Credited	Monthly
Minimum to Open	$25.00	Dividend Period	Monthly
Computation Method	Daily Balance	Minimum to Open	$50.00
Balance Required to Earn Stated APY	$25.00	Computation Method	Daily Balance
Limitations Apply (Sec. A)	(1)(2)(4)
Money Market Savings Account		Holiday Club Account
Prospective Dividend Rate	0.55%	Prospective Dividend Rate	0.55%
Prospective Annual Percentage Yield (APY)	0.55%	Prospective Annual Percentage Yield (APY)	0.55%
Dividends Compound	Monthly
Dividends Credited	Monthly
Dividend Period	Monthly
Minimum to Open	$2,500.00
Computation Method	Daily Balance
Balance Required to Earn Stated APY	$2,500.00
Limitations Apply (SEC.A)	(2)(3)(4)

CONDITIONS

A. Transaction Limitations
(1) The minimum withdrawal amount is $25.00 .
(2) During any month, you may not make more than six withdrawals or transfers to another credit union account of yours or to a third party by means of telephonic order or instruction. No more than three of the six transfers may be made by check, draft or debit card. If you exceed the transfer limitations set forth, your account may be subject to closure by the credit union.
(3) No more than three drafts per month from the Money Market Savings Account with a minimum of $500.00 per transaction.
(4) The credit union reserves the right to require a member intending to make a withdrawal from any account (except a share draft account) to give 60 days notice before such withdrawal.

B. Rate Information
The prospective dividend rate and annual percentage yield are as shown. The annual percentage yield is a percentage figure based on the dividend rate and compounding for the periods shown over a one year period. The dividend rate may change monthly for the Money Market Savings Account and the Share Draft Account. It may change quarterly for the Escrow and Share Savings accounts, as determined by the Board of Directors.

C. Nature of Dividends
Dividends for other than Term Share Accounts are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period.

D. Compounding and Crediting
(1) Dividends are compounded and credited as shown. Dividend periods always begin on the first calendar day and end on the last calendar day of the periods as shown.
(2) Accrued dividends will not be paid if an account is closed prior to the crediting of such dividends.

E. Balance Information
(1) Minimum required balances are shown above.
(2) Dividends begin to accrue for both cash and non-cash items, such as checks, on the day of deposit in the account.

F. National Credit Union Share Insurance Fund
Member accounts in this Credit Union are federally insured by the National Credit Union Share Insurance Fund.

FEES

Return Items Written to GEFCU	$25.00 per Item
Outgoing Wire (within the United States)	$15.00 per Wire
Incoming Wire	$ 5.00 per Wire
Account Reconciliation Fee (1 Hour Min.)	$15.00 per Hour
Items Sent for Collection	$10.00 per Item
Account Research (1 Hour Min.)	$15.00 per Hour
Third Party Return Items	$ 10.00 per Item
Statement Copy	$ 1.00 per Statement
History Transaction	$ 1.00 per Page
On-line Check under $1,000	$ 2.00 per Check
Money Orders	$ 1.50 each
Verification of Deposit Forms Prepared	$ 5.00 each
Account Levy Fee	$20.00 each
Returned Statement Fee (Incorrect Address on GEFCU system)	$2.00 per month

Share Savings Account Fees
Reopen Account Closed Less than 6 Months	$10.00 each Time Opened
Membership Fee	$ 1.00 each Time Opened
Share Draft Account Fees
NSF Fee	$25.00 per Overdraft
Courtesy Pay Fee	$25.00 per Paid Overdraft
Stop Payment Fee	$15.00 per Item
Overdraft Transfer Fee	$5.00 per Transfer
Monthly Service Charge (If balance falls below $500 anytime during the month)	$5.00 per Month
Copy of Draft	$3.00 per Copy
Check Printing Fee	Varies by style ordered, starting at $10.50 per box
Checking Unlimited
Monthly Service Charge (If balance falls below $300 anytime during the month)	$3.00 per Month
Courtesy Pay Fee	$25.00 per Overdraft
Stop Payment Fee	$15.00 per Item
Overdraft Transfer Fee	$5.00 per Transfer
Copy of Draft	$3.00 per Copy
Check Printing Fee	Varies by style ordered, starting at $10.50 per Box
Debit Card Fees
Overdraft Fee	$10.00 per Occurrence
NSF Fee	$25.00 per Occurrence
Replacement Card	$10.00 per Card
Withdrawal other than GEFCU location *	$ .75 per Withdrawal
Inquiry or Transfer other than GEFCU location *	$ .75 per Transaction
Point of Sale - PIN	Free
Point of Sale - Signature	Free
Foreign Currency Conversion	1 % of Transaction Amount (beg 6-1-05)
*Free ATM service available for members using their GEFCU Visa Debit TM Card at GEFCU locations with ATM service.