Savings Account Options
Grow your money with a GHS Federal Credit Union Savings Account
Whether saving for college, a big purchase, retirement, or the unexpected, you can trust GHS to provide you with a flexible, high-earning savings account for every stage of life.
Because a credit union is a not-for-profit that is owned by its members, our accounts offer higher interest rates than their commercial banking counterparts. Start savings with us as a GHS member, and you’ll have access to our array of products and services, including convenient online banking on the go with our mobile app, eDeposit, and our network of free ATMs.
Savings Account Options
Regular Share
A Regular Share Savings Account is a safe, secure way to save and earn interest on your money.
As a primary savings account, your GHS Regular Share Account is a convenient, simple way to save your money. With no minimum required and unlimited transfers, you have the freedom to save for anything - big or small. Access your funds with ease and transfer money into your GHS checking account through the online/mobile banking app anytime, anywhere.
Secondary Share
Saving for something specific? A Secondary Share Account from GHS gives you the same flexibility as our Regular Share Account but provides you the ability to separate out your short-term savings for specific things - like a vacation, big purchase, or shopping fund. Open an account in minutes and start saving and earning your money today.
Share Certificates
Grow your investments with a safe and high-earning GHS Share Certificate. We offer competitive rates, flexible terms and fixed dividends with funding secured up to $250,000 by the NCUA. When you open a share certificate, you’ll already know the dividends you’ll receive upon its maturity date, provided you don’t make any early withdrawals (early withdrawal penalties apply). At GHS, share certificates can automatically renew upon maturity so you can keep earning
Money Market
Maximize your earnings and maintain easy access to your money with a GHS Money Market Account. Money Market Accounts are a type of deposit savings account that earn dividends based on the current market. This type of savings account can be used for emergency savings or a large purchase. The benefit of a Money Market Account is that it provides you with a higher rate of earning than other savings accounts while remaining easily accessible through check writing and debit card ATM withdrawals.
Grow your investments with a secure Money Market Account today.
IRA/Retirement Accounts
Looking for a secure way to invest your money for retirement? GHS offers our members retirement savings account options and IRA Accounts.
Business Money Market Savings Accounts
Grow your funds faster with a Business Money Market Plus Account from GHS Federal Credit Union . Maximize your savings with competitive monthly dividends on your account while maintaining access to your money when you need it. Learn more about business savings and all of our other business options.
Holiday Club
The holiday season rapidly approaches every year, and holiday debt usually is quick to follow. Avoid holiday debt by opening a Holiday Club Savings Account from GHS! With a Holiday Club Savings Account, you can save and earn all year for the holidays. Then, on October 15th, your funds automatically transfer to your Regular Share Savings Account so you can easily transfer and fund the holiday fun.
Make the holidays a little less stressful - open a GHS Holiday Club Savings Account today!
Youth Savings
It’s never too soon to start saving for the little one in your life. GHS makes it easy with our Youth Savings Program. Our unique savings account option gives your child the opportunity to earn cash and fund their savings account through community service, financial education, academic success, and more! Learn about the program and open an account today!
| Account Type | Min. Avg. Daily Balance | Dividend Rate | APY* |
|---|---|---|---|
| Primary Shares/Special Shares | $100.00 | ||
| Money Market Savings | $2,500.00 | 0.50% | 0.50% |
| Money Market Plus | $10,000.00 -$24,999.99 |
0.65% | 0.65% |
| $25,000.00 -$49,999.99 |
0.75% | 0.75% | |
| $50,000.00+ | 1.00% | 1.00% | |
| Holiday Club | $100.00 | ||
| Youth Savings Account & Kris Kringle | $5.00 | ||
| Share Certificate - 3 Month | $500.00 | ||
| Share Certificate - 6 Month | $500.00 | 1.09% | |
| Share Certificate - 9 Month Special** | $500.00 | 2.96% | |
| Share Certificate - 12 Month | $500.00 | 1.74% | |
| Share Certificate - 13 Month Plus | $500.00 | 1.74% | |
| Share Certificate - 18 Month | $500.00 | 1.98% | |
| Share Certificate - 24 Month | $500.00 | 2.23% | |
| Share Certificate - 25 Month Plus | $500.00 | 2.23% | |
| Share Certificate - 30 Month | $500.00 | 2.48% | |
| Share Certificate - 36 Month | $500.00 | 2.72% | 2.75% |
| Share Certificate - 48 Month | $500.00 | 2.95% | 3.00% |
| Share Certificate - 60 Month | $500.00 | 3.20% | 3.25% |
| IRA Shares | $100.00 |
SAVINGS ACCOUNT FAQ
Are personal savings dividend rates permanent?
Prime Shares, Special Shares, Holiday Club, Money Market Shares, Youth Savings Accounts, IRA Shares, and Kris Kringle are variable rate accounts, and as such, subject to change. Dividend rates are anticipated rates based on earnings. Rates are subject to change at any time.
For further information about savings rates and applicable fees and terms, please contact GHS at (800) 732-4447. Early withdrawal penalties may be imposed on Term Share Accounts.
How do youth savings accounts for minors work?
KRIS KRINGLE HOLIDAY KLUB
Kids save up for the special holiday gift they want for themselves or someone else. With the Kris Kringle Holiday Klub, they set a savings goal and then work to meet it.YOUTH SAVINGS ACCOUNT
Open a youth savings account for your kid, and they’ll enjoy special prizes, products, and services, along with a valuable education in money management.
Are my savings protected by National Credit Union Administration (NCUA) deposit insurance?
An independent agency of the United States government, the NCUA regulates and charters federal credit unions, as well as provides oversight. They manage and operate the National Credit Union Share Insurance Fund (NCUSIF), which insures the accounts of members of all federal credit unions, as well as many state-chartered ones. The NCUSIF is backed by the full faith and credit of the U.S. government and typically insures accounts up to $250,000 per member, per insured credit union, and per account.
*APY = Annual Percentage Yield. Rates are subject to change at any time. For further information about rates, applicable fees and terms, please contact GHS at (607) 723-7962 or toll-free at (800) 732-4447. Early withdrawal penalties may be imposed on Term Share Accounts. Credit Union Membership required with a $1.00 minimum deposit and $1.00 membership fee.