Savings Rates
Effective as of October 1, 2022 for Member Share/Savings Account:
0.25% APR/0.25% APY for accounts with an average daily balance of $25 or more. Dividends are paid quarterly.
We also offer a special incentive for members who receive their statements electronically thru online banking: 3.00% APR/3.01% APY is paid on the first $500 in this account. Click here to find out more about how to sign up.
Club or Special Savings Account:
0.25 APR/0.25% APY for accounts with an average daily balance of $25 or more. Dividends are paid quarterly.
Peace Account:
For members who do not want to earn dividends/interest on their savings at the credit union. This account pays no dividends.
APR = Annual Percentage Rate
APY = Annual Percentage Yield
Certificate Rates - Have INCREASED!
| SHARE CERTIFICATES |
Dividend Rate/Annual Percentage Yield |
| Quarterly Dividends | |
| 1YEAR | 1.000%/1.004% |
| 2 YEAR | 1.250%/1.257% |
| 3 YEAR | 1.500%/1.510% |
| Dividends Paid At Maturity | |
| 1 YEAR | 1.000%/1.000% |
| 2 YEAR | 1.250%/1.250% |
| 3 YEAR | 1.500%/1.500% |
| Rates are indications only and are subject to change at any time. | |
The following rates are effective as of December 19, 2022
Our Members make the difference.
Member Since 1982
"I decided to become a founder and a member of Genesee Co-op Federal Credit Union because I wanted to help create, support and benefit from a cooperative alternative to mainstream financial institutions. It's important to me to know that my money supports a non-profit, community-based, socially-responsible saving and lending institution. Now more than ever, we need alternatives to the mega-banks that have made such a mess of our economy. I'm proud to have been a part of an institution that has helped thousands of people enter the world of credit, improve their financial standing and be treated with dignity. It's great to have witnessed the credit union’s evolution from a small group of food co-op members into an institution that serves a member-ownership that's diverse in age, race, ethnicity and socio-economic circumstance."