Accounts


 

Savings Accounts

Our basic savings account is what makes you an owner of the credit union. Open a savings account with a $5 deposit, and earn dividends with a balance of at least $101, which are paid monthly.

Special Savings Accounts

 

Holiday Savings

The winter holiday season is always a special time of year; the thrill of finding the perfect gift for family members, celebrating with loved ones, and traveling over the river and through the woods to reunite with those often missed but rarely seen. Being financially unprepared shouldn’t spoil your holiday fun! Gateway Metro Federal Credit Union’s Holiday Club Savings Account gives you a way to save all year long for the holidays. We pay dividends annually, and you can even set up automatic deposits through Power Pay for added convenience!
 

Youth Savings

It’s never too early to learn good money habits, and Gateway Metro Federal Credit Union is just the place to start saving!
 

Clubhouse Crew

This account is designed for children up to age 12 and is an excellent way for our members who are parents or grandparents to start teaching children and grandchildren about money management. Starting with a low $5 deposit, this dividends-earning account also grants access to prizes for deposits, Early Foundations Share Certificates, Coin savers, and four informative, yet fun, newsletters per year.
 

Starting Line

This account for teens ages 13 to 17 kicks our savings program up a notch with opportunities to learn about managing a checking account. Requiring just a $5 deposit, this dividends-earning account opens the door to Early Foundations Share Certificates and free checking account with a Visa® debit card..
 

Senior Savings

Gateway Metro Federal Credit Union’s MAX Advantage account is available to our members aged 62 and older, who use direct deposit at the credit union. Take advantage of:

  • Free Personal checks (shipping not included)
  • Free check copies
  • Free Official checks, cashier’s checks and money orders (one each per day)
  • Annual luncheon event

 

Checking Accounts

 

E*Hanced Checking

This checking account is perfect for those who prefer to live a paper-free life! With a minimum balance requirement of just a penny, account holders can earn 6.02% APY on monthly balances up to $1,500.1 Simply sign up for our free e-package (direct deposit, Cyber Statements and Virtual Branch online banking), and make 15 credit transactions per month with your Gateway Metro Federal debit card. The best part – we don’t charge a penalty if you fall short on transactions! No dividends will be earned for that month.

1APY=Annual Percentage Yield. Rate is subject to change without notice. Terms and conditions apply. Contact GMFCU for complete details.
 

Priority Checking

Gateway Metro Federal Credit Union understands that our members don’t fit into one checking account mold, which is why we offer Priority Checking. Each option features no per-check or monthly fees, so you only have to choose the account that makes the most sense for you:2

  • Priority I – No minimum balance, no dividends earned
  • Priority II – $500 minimum balance, dividends earned
  • Priority III – $1,500 minimum balance, additional dividends earned

2If your account balance fall below the minimum, we will charge a $15 service fee and no dividends will be earned. Contact GMFCU for complete details.

 
Select Your Plan Priority I Priority II Priority III E*Hanced Max
Minimum Balance $0 $500 $1,500 $.01 $0
Dividends Excluded Included MORE 2 6.02% Based on Priority 5
Visa Debit Card Included Included Included REQUIRED Included
Online Access Included Included Included REQUIRED Included
Estatements Included Included Included REQUIRED Included
Mobile Banking Included Included Included Included Included
Deposit2Go Mobile Deposit Included Included Included Included Included
Online Bill Payment (with direct deposit & estatements) FREE FREE FREE FREE FREE
Courtesy Pay Included Included Included Included 4 Included
Direct Deposit Included Included Included Included REQUIRED
Free Checks 1ST BOX 1ST BOX 1ST BOX 1ST BOX Included 3
Account Alerts Included Included Included Included Included
Minimum Balance Fee Excluded $15 $15 Excluded Based on Priority 5
Monthly Fee Excluded Excluded Excluded Excluded Excluded

Select Your Plan

 




 
Plan Priority I
Minimum Balance $0
Dividends Excluded
Visa Debit Card Included
Online Access Included
Estatements Included
Mobile Banking Included
Deposit2Go Mobile Deposit Included
Online Bill Payment (with direct deposit & estatements) FREE
Courtesy Pay Included
Direct Deposit Included
Free Checks 1ST BOX
Account Alerts Included
Minimum Balance Fee Excluded
Monthly Fee Excluded
 
Plan Priority II
Minimum Balance $500
Dividends Included
Visa Debit Card Included
Online Access Included
Estatements Included
Mobile Banking Included
Deposit2Go Mobile Deposit Included
Online Bill Payment (with direct deposit & estatements) FREE
Courtesy Pay Included
Direct Deposit Included
Free Checks 1ST BOX
Account Alerts Included
Minimum Balance Fee $15
Monthly Fee Excluded
 
Plan Priority III
Minimum Balance $1,500
Dividends MORE 2
Visa Debit Card Included
Online Access Included
Estatements Included
Mobile Banking Included
Deposit2Go Mobile Deposit Included
Online Bill Payment (with direct deposit & estatements) FREE
Courtesy Pay Included
Direct Deposit Included
Free Checks 1ST BOX
Account Alerts Included
Minimum Balance Fee $15
Monthly Fee Excluded
 
Plan E*Hanced
Minimum Balance $.01
Dividends 6.02%
Visa Debit Card REQUIRED
Online Access REQUIRED
Estatements REQUIRED
Mobile Banking Included
Deposit2Go Mobile Deposit Included
Online Bill Payment (with direct deposit & estatements) FREE
Courtesy Pay Included 4
Direct Deposit Included
Free Checks 1ST BOX
Account Alerts Included
Minimum Balance Fee Excluded
Monthly Fee Excluded
 
Plan Max
Minimum Balance $0
Dividends Based on Priority 5
Visa Debit Card Included
Online Access Included
Estatements Included
Mobile Banking Included
Deposit2Go Mobile Deposit Included
Online Bill Payment (with direct deposit & estatements) FREE
Courtesy Pay Included
Direct Deposit REQUIRED
Free Checks Included 3
Account Alerts Included
Minimum Balance Fee Based on Priority 5
Monthly Fee Excluded

 

  • 1 based on account type
  • 2 Click for current rates
  • 3 just pay shipping and handling
  • 4(A Courtesy Pay limit is available based on account qualification to cover accidental overdrafts. However, the 6.02% dividend would not be paid during any month in which the service is used as the balance would fall below the required $0.01 balance.
  • 5 The Max account is available at all account Priority levels. Priority II & Priority III accounts have a minimum balance. Please see Priority see details for specifics on this item.

 

Visa® Debit Card

Avoid the hassle of purchasing and carrying checks with our debit card! Accepted everywhere you see the Visa logo, your purchase is taken directly from your checking account balance. Plus, with Debit Card Assurance – our monthly protection plan – Gateway Metro Federal Credit Union can save you from the unexpected expense of replacing your debit card should it ever get lost, stolen, compromised or damaged. You may opt out of Debit Card Assurance, but you are then responsible for the cost of replacing your debit card.
 

Account Protection

Life happens! Gateway Metro Federal Credit Union understands that unexpected overdrafts occur from time to time, and our overdraft coverage options are designed to help.
 

Service

Cost

Overdraft Protection Link to Another Deposit Account you have at Gateway Metro Federal Credit Union1 $15 fee per transfer
Overdraft Protection Line of Credit1, 2 Subject to fees + interest
Courtesy Pay Privilege $28 Courtesy Pay fee per item

1Call us at (314) 621-4575, email us at memberserv@gmcu.org, or come by a branch to sign up or apply for these services. 2Subject to credit approval.

Overdraft Protection services apply to all transactions and may help prevent overdrafts by automatically transferring funds to your checking account from another account or line of credit you may have at Gateway Metro Federal Credit Union for a fee or finance charge. Please note that overdraft lines of credit are subject to credit approval.

Courtesy Pay Privilege allows you to overdraw your account up to the disclosed limit for a fee in order to pay a transaction. Even if you have overdraft protection, Courtesy Pay Privilege is still available as secondary coverage if the other protection source is exhausted.
 

Transactions Covered With Courtesy Pay Privilege

Standard Coverage (No action required)

Extended Coverage (Your consent required)*

ACH – Automatic Debits Included Included
Checks Included Included
Online Bill Pay Items Included Included
Recurring Debit Card Payments Included Included
Teller Window Transactions Included Included
ATM Transactions Not Included Included
Everyday Debit Card Transactions Not Included Included

Click here to hear our rates and fees  View Courtesy Pay information  Debit Card Safety Tips  Debit Card Re-Issue Information  Opt out of Debit Card Assurance

 

Visa® & American Express® Credit Cards

Gateway Metro Federal Credit Union offers the credit card option that is right for you. Applying is fast and easy – whether you are looking for a balance transfer offer, a rewards program, or to build or re-build your credit we have a card to meet those needs.
 

Choosing the right credit card is easier than ever.

No matter which card you choose, you’ll enjoy important features like:

  • EMV smart chip technology for added security
  • Mobile purchasing capability for added convenience
  • Plus much more!

 
Click here to hear our different types of credit cardsView Our Credit Cards

 

Money Market Accounts

This Gateway Metro Federal Credit Union account is the best of both worlds: savings incentives and access to your money. By opening your Money Market Account with $25, you can enjoy tiered dividends rates with a $1,000, as we pay and compound your dividends monthly.

 

Share Certificates

Invest $1,000 (or $100 for youth certificates) for terms ranging from three months to six years, and benefit from how our Share Certificates maximize your savings while avoiding the ups and downs of the stock market. We can re-invest the dividends into the certificate or deposit them into your Gateway Metro Federal Credit Union account.
 

10.00% Youth Share Certificate*

One of the tools we offer parents and grandparents for teaching children and grandchildren ages 10 to 17 about saving is our Youth certificate. If you have checking and direct deposit with us, $100 is all it takes to enjoy 10.00% APY on balances up to $1,000!* To receive dividends, certificate holders must complete an online financial education course, and the Share Certificate will transfer to a savings account on your child or grandchild’s 18th birthday.
If you don’t have checking and direct deposit at the credit union, don’t worry! We still have Youth Share Certificate options available at the same rates and terms as our regular Share Certificates.

*APY=Annual Percentage Yield. Rates subject to change. Terms and conditions apply. Contact GMFCU for details.

 

SAVE TO WIN®

The name says it all! Our new SAVE TO WIN share certificate offers you the chance to win up to $5,000- just by saving. To get started, all you need is $25 to open the share certificate, and every time your savings increases by $25, you automatically receive another entry into the national and monthly credit union and quarterly drawings – up to 10 entries a month and 30 entries per quarter. It’s like playing the lottery with none of the risk and all of the reward.

To open your SAVE TO WIN share certificate, stop by any Gateway Metro Federal Credit Union branch and speak with a member service representative today! Will YOU be the next winner?
 
Save to Win Truth in Savings disclosure  Frequently asked questions  Save to Win national website

 

Individual Retirement Accounts (IRA) & Health Savings Accounts

 

Individual Retirement Accounts (IRA)

 
Take control of your financial future with our IRA options! These two accounts are federally insured up to $250,000.

  • IRA Certificates: With terms up to six years and $1,000 deposit, you have access to a Traditional, Roth or Coverdell Educational Savings account.
  • IRA Contributory Account: Similar to a savings account, this account gives you the flexibility to make deposits at your own pace. You can even set up automatic deposits through Power Pay for added convenience!

 
We also partner with Strategic Wealth Advisors to make financial planning services available to our members. To learn more or schedule an appointment, contact our financial advisor, Douglas Simms, at 314-919-2066 or doug@swastl.com.

Securities and advisory services offered through National Planning Corporation (NPC), member FINRA/SIPC, a registered investment advisor, and are not NCUA insured, may lose value and have no credit union guarantee. Strategic Wealth Advisors, Gateway Metro Federal Credit Union and NPC are separate and unrelated companies.
 

Health Savings Accounts

Save for health expenses while enjoying tax benefits! As dividends grows tax-deferred, you can also enjoy your qualified withdrawals tax-free. Qualified expenses include prescription medication, doctor, dental and orthodontic fees, eyeglasses and examination fees, lab fees, hospital care and more!

 

Business Deposit Accounts

The same great benefits and services available to Gateway Metro Federal Credit Union’s personal accountholders are available to businesses as well.

We offer two options:
 

Basic

  • $15 per month
  • No minimum balance requirement
  • No dividends earned

 

Premier

  • $20 per month
  • $1,000 minimum balance requirement
  • dividends earning

Business Account Disclosures

Business Schedule of Fees & Charges  Important Business and Organizational Account Information