Rates & Fees
April 19th, 2024
Loan Type / Model Year |
Term |
APR As Low As1 |
---|---|---|
New & Used Vehicle Loans |
||
Up to 36 months | 5.95% | |
37 to 48 months | 6.25% | |
49 to 63 months | 6.95% | |
64 to 72 months | 7.50% | |
73 to 84 months | 8.25% | |
New & Used Boat/Watercraft Loans |
8.25% | |
New & Used RV/Trailer Loans |
8.45% | |
New & Used Motorcycle Loans |
6.50% | |
Savings-Secured Loan |
36 months | 2.01% |
Stock-Secured Loan |
36 months | 9.25% |
Line of Credit |
48 months | 12.90% |
Signature/Personal Loan |
up to 60 months | 7.99% |
Real Estate Loan Rates
For additional information on real estate loans, visit our Mortgage Center or contact us.
1APR=Annual Percentage Rate. Rates are subject to change, credit history and other factors including but not limited to- model year, term, and financing. Terms and financing are subject to qualifying conditions. Other rates, terms and conditions available. Contact GMFCU for complete details.
April 19th, 2024
Type of Account |
Annual Percentage Yield1 |
Balance Requirement |
---|---|---|
Savings |
||
$5 to $100 | 0.00% | $5 |
$101 & Higher | 0.01% | $101 |
Holiday Club |
0.01% | None |
Health Savings Accounts |
||
Checking | 0.01% | N/A |
1 Year Certificate | 4.25% | $500 |
2 Year Certificate | 4.50% | $500 |
3 Year Certificate | 2.50% | $500 |
IRA Contributory |
0.01% | $25 |
Checking |
||
Priority I | 0.00% | None |
Priority II | 0.025% | $500 |
Priority III | 0.05% | $1,500 |
Rewards 365** | 4.25% | 1¢ |
Money Market |
||
$1,000 to $24,999 | 1.00% | $1,000 |
$25,000 to $99,999 | 1.05% | $25,000 |
$100,000 to $149,999 | 1.15% | $100,000 |
$150,000 & Higher | 1.30% | $150,000 |
Share Certificate |
||
3 Month | 0.15% | $100 (Youth) or $500 (Regular/IRA) |
6 Month | 3.50% | $100 (Youth) or $500 (Regular/IRA) |
9 Month Special | 4.00% | $100 (Youth) or $500 (Regular/IRA) |
1 Year | 4.25% | $100 (Youth) or $500 (Regular/Health Savings/IRA) |
18 Month | 3.00% | $100 (Youth) or $500 (Regular/IRA) |
2 Year | 4.50% | $100 (Youth) or $500 (Regular/Health Savings/IRA) |
3 Year | 2.50% | $100 (Youth) or $500 (Regular/Health Savings/IRA) |
4 Year | 2.60% | $100 (Youth) or $500 (Regular/IRA) |
5 Year | 2.75% | $100 (Youth) or $500 (Regular/IRA) |
6 Year | 2.80% | $100 (Youth) or $500 (Regular/IRA) |
10% Youth | 10.00% | $100 minimum, $1000 maximum |
Save To Win | 4.25% | $25 |
1APY=Annual Percentage Yield. Rates are subject to change, and terms and conditions apply. Contact GMFCU for complete details.
**Conditions apply. Visit our Rewards 365 page for more information at https://gogmfcu.org/accounts/rewards-365-checking/.
FEES & CHARGES
Gateway Metro Federal Credit Union
Effective February 15th, 2022
The vast majority of our financial services are offered to our members at no cost. However, there is a modest charge for some exception services. Certain services may not be available at all locations. Fees and terms are subject to change.
GMFCU Membership Fee |
FREE! |
Account Administration |
|
Share Savings minimum balance fee(if balance falls below $5.00 in any month) | $2.50 |
Share Savings excess withdrawal fee (for each withdrawal in excess of four in a month) | $5.00 |
Non-Verification of Address (per month) | $7.50 |
Returned statement (per month) | $7.50 |
Dormant Account (per month) (no activity in a 12 month rolling period and no additional services with the credit union) | $15.00 |
Holiday Club excess withdrawal fee (for each withdrawal from Feb. 16 through Sep. 30) | $15.00 |
New Beginning account (per month) ($5.00 with checking & direct deposit) | $10.00 |
Money Market excess withdrawal fee (for each withdrawal in excess of six in a month) | $17.50 |
Priority II Checking minimum bal. fee (if balance falls below $500.00 in any month) | $17.50 |
Priority III Checking minimum bal. fee (if balance falls below $1,500.00 in any month) | $17.50 |
Return unpaid deposited item (check) (*$30.00 for return of member’s personal check) | $20.00 |
Account closed within 90 days of opening | $25.00 |
Collection item (per item) | $29.50 |
Courtesy Pay Privilege (each paid item) | $29.50 |
Non-sufficient funds (each) | $29.50 |
Acct conversion/reactivation | $40.00 |
Garnishment/levee administration fee (excluding child support) | $20.00 |
Paper Statement Fee (per month) (members under the age of 18 and members born prior to January 1956 are exempt.) | $2.50 |
Paper Document Fee | up to $7.00 |
Additional Services & Research |
|
Personal Financial Management | FREE! |
Account activity/stmt. printout (per mo.) | $5.00 |
Copy of check (front & back) | $5.00 |
Transfers through call center | $5.00 |
Account research (per hour) | $30.00 |
Stop payment (per item) | $29.50 |
Check Services |
|
Temporary checks (at four per page) | $2.00 |
Money Order (per item) | $4.00 |
Official credit union check/cashier’s check | $6.00 |
Check cashing services –Non Member | $15.00 |
Member (if applicable) | $5.00 |
Checkbook Reconciliation (per hour) | $25.00 |
Account closed for abuse | $50.00 |
HSA / IRA |
|
HSA Annual Fee (waived with checking & direct deposit) | $25.00 |
IRA Transfer Fee (waived with checking & direct deposit) | $25.00 |
Coin Machine |
Members – FREE! |
Electronic Services |
|
Online Banking | FREE! |
GMFCU Visa debit card | FREE! |
Online Bill Pay service – with e-statements & direct deposit (each month); ($6.95 per month without) |
FREE! |
Debit card replacement (with debit card assurance; $15.00 per card without) | FREE! |
CO-OP network ATM transactions | FREE! |
Freedom 24 Audio Response Line | FREE! |
Credit Card Cash Advances | FREE! |
GMFCU debit card assurance (per mo.) | $1.00 |
Non CO-OP network ATM transactions | $2.00 |
Debit card express shipment fee | $65.00 |
Loan Services |
|
Online or Phone Payment | $7.00 |
Auto Loan release duplicate | $20.00 |
Skip-a-payment (one per year) (one every six mo. w/checking & direct deposit) (10% of payment or $50.00 whichever is lower) |
Varies |
Misc. Services |
|
Notary Service (per page) | $2.00 |
Medallion Guarantee (per stamp) | $25.00 |
Mortgage Services |
|
Release | Varies |
Subordination | $150.00 |
Modification (additional fees may apply) | $250.00 |
Overdraft Protection |
|
Transfer from line of credit | FREE! |
Transfer from savings (each transfer) (this fee will be deducted from your share draft account) |
$15.00 |
Safe Deposit Boxes |
|
Drilling fee | actual cost |
Lost Keys | actual cost |
Safe Deposit Boxes – Sizes and rental(per year) |
|
3×5 | $20.00 |
3×10 | $40.00 |
5×10 | $65.00 |
10×10 | $100.00 |
VISA Reloadable Debit Card |
|
Visa Reloadable Debit Card (Additional fees may apply. See Visa for details.) | $7.50 |
Wire Services |
|
Incoming Wire Transfer | FREE! |
Outgoing Wire Transfer | $30.00 |