Deposit
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.
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. |
||
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Federally insured by NCUA. Equal Housing Lender 