Great Lakes Members Credit Union Go to main content

Rates

Loans
Effective Date: Thursday, May 25th, 2017
Loan TypeAmount FinancedMaximum Terms/MonthsAPR*
2017-2016 100% 72 1.99%
    up to 84 months 2.99%

Used Cars
2015

Up to NADA retail value 60 1.99%
    72 2.99%
2014-2015   48 1.99%
    60 2.99%
2012-2013   36 1.99%
    48 2.99%
2011   24 2.99%
HOLIDAY LOAN* Borrow from $ 1,000.00 to $ 5,000.00 approximately 45 months 5.00%
*Fresh Start Bill Consolidation Loan Up to $ 20,000.00 1-72 months 13.00%
Recreational Vehicle-New
(must be titled)
90% 12 - 72 5.50%
Recreational Vehicle-Used
(must be titled)
NADA Loan Value 12 - 48 5.50%
New Motorcycle 90% 12 - 60 5.50%
Used Motorcycle NADA Loan Value 12 - 48 5.50%
Share Secured

100% Secured 1 - 120 3.00% over current share rate
Share Certificate Secured

100% Secured 1-120 3.00% over your CD rate
Partially Secured 50% or More 1 - 48 11.50%
Overdraft Protection $500.00 / $1,000.00 / $1,500.00 Up to 44 15.00%
Home Mortgages Call Mortgage Center at (888)562-6865    
Unsecured Revolving Credit $100.00 - $5,000.00
Payment = $15.00 - $150.00
8 - 45 15.00%
Unsecured amount approved is usually equal to one month of member's income.
AMOUNTS FINANCED, TERMS, AND RATES MAY CHANGE WITHOUT NOTICE

Credit Cards
Effective Date: Thursday, May 25th, 2017
NameAPR*
VISA Classic/Platnium 12.96%
VISA Gold/Platnium 11.96%

Savings
Effective Date: Thursday, May 25th, 2017
Account TypeAPY**Dividend RateMinimum Balance To OpenDividend Payment
Shares 0.05% 0.05% $5.00 Paid & Compounded Quarterly
IRA 0.15% 0.15% NONE Paid & Compounded Quarterly
**Dividends paid quarterly to shares.

Certificate of Deposit
Effective Date: Thursday, May 25th, 2017
Amount6 Month1 Year2 Year3 Year5 Year
$500.00 to $9,999.99 .10%APY** .20%APY** .35%APY** 0.50%APY** 1.00%APY**
$ 10,000.00 and Up .15%APY** .25%APY** .40% APY** 0.55% APY** 1.05% APY**
**Dividends paid quarterly to shares. No additional deposits or withdrawals. Fixed rate.
***Fees could reduce account dividend earnings;.* Penalties will apply for early withdrawals.

*APR:  Annual Percentage Rate
**APY:  Annual Percentage Yield

Go to main navigation