Deposits

Personal

What's the difference?

Checking & savings accounts are very similar, but have a few key distinctions. When you use your GUASFCU Visa card at merchants, the money will come out of your checking account. Similarly, anytime you write a check, the money will come out of your checking account. A savings account earns interest, meaning that while money is in your savings account, it grows over time. Both are insured by the U.S. government for balances up to $250,000 through the NCUA. To encourage savings, the government limits withdrawals from savings accounts to six per month. GUASFCU highly recommends having both accounts.

Checking & Savings

Utilize checking & savings accounts to manage your finances

Visa Debit Card

Use your EMV chip Visa card securely at over 30 million merchants worldwide

55,000+

Fee Free ATMs

Access funds worldwide with 55,000+ fee free ATMs through the Allpoint network

Free Online & Mobile Tools

Access your account 24/7 with online and mobile banking

Photo Check Deposit

Just snap and deposit checks through the mobile app from anywhere

Insured Deposits

The NCUA, a U.S. government agency, insures deposits up to $250,000 just like the FDIC

Low Minimum Balance

A $10 minimum savings balance represents your share in the credit union

No Monthly Service Fee

We make it easy to bank without fees by not charging a monthly fee

View all Disclosures & Fees

House & Club Accounts

Manage house and club expenses with joint accounts

Checking & Savings

Utilize checking & savings accounts to manage your finances

Visa Debit Card

Securely make group and club purchases with your EMV chip Visa card

Free Reccurring Transfers

Setup free one-time or reccurring transfers from external accounts with Quickpay

Easily Change Ownership

Roommates and club leaders come and go. Easily change ownership of accounts at anytime

Pay Whoever. However.

Use checks, cashier's checks, money orders, wires, or international wires

Insured Deposits

The NCUA, a U.S. government agency, insures deposits up to $250,000 just like the FDIC

Low Minimum Balance

A $10 minimum savings balance represents your share in the credit union

No Monthly Service Fee

We make it easy to bank without fees by not charging a monthly fee

View all Disclosures & Fees

Certificate of Deposit

A Certificate of deposit (CD) lets you earn higher interest in return for committing to deposit your money for a specific period of time. Just like checking & savings accounts, deposits are insured by the NCUA up to $250,000. If you need to withdraw the money before the maturity of the certificate, you may have to pay a penalty.


Interested in Opening a CD?

Email us at help@guasfcu.com, call us at 202.687.8616 or visit us at the branch

Deposit Rates

Account Type Minimum Balance APY
Checking
$0 0.00%
Savings
$10 0.10%
6 Month CD
$500 0.25%
1 Year CD
$500 0.50%

APY = Annual Percentage Yield. Fees could reduce earnings. Early withdrawal of CDs result in a $20 fee and forfeiture of accrued earnings.