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GALVESTON GOVERNMENT EMPLOYEES CREDIT UNION

a) Share Dividend                                                             Current

  Based on an average daily balance of:  
  $250.00 to $2,499.99 0.05%/APY 0.05%  
  $2500.00 to $4,999.99 0.05%/APY 0.05%  
  $5000.00 to $9,999.99 0.05%/APY 0.05%  
  $10,000 to $19,999.99 0.10%/APY 0.10%  
  $20,000 and up   0.10%/APY 0.10%  


b) Share Draft Dividend
  Based on an average daily balance of: $250.00 0.00% /APY 0.00%  


c) IRA Dividends

  Based on an average daily balance of:  
  $250.00 to $4999.99 0.30%/APY 0.30%  
  $5000.00 and up   0.55%/APY 0.55%  


d) Certificate of Deposit Dividend Rates

  With a minimum deposit of $500.00 Current Rate:  
    3 months   0.15%/APY 0.15%  
  with a minimum deposit of $1,000.00    
    6 months   0.19%/APY 0.19%  
    1 year   0.28%/APY 0.28%  
    18 months   0.34%/APY 0.34%  
  with a minimum deposit of $98,000.00    
    1 year Jumbo CD   0.30%/APY 0.30%  


e) CUMMA
  With a minimum balance of $2000.00 0.15%/APY 0.15%  

 
*Rates subject to change without notice.
 
 
APY = Annual Percentage Yield.  Rates are subject to change without notice.  Dividends are calcuated on a day-in-day-out basis.  Fees can reduce earnings.  Share/Savings and IRA account devidends are compunded every quarter and paid quarterly.  Share Draft/Checking and CUMMA account dividends are compunded every month and paid monthly.  You must maitain a minimum daily balance of $250.00 in your Share/Savings account to obtain the APY.  You must maintain a minimum daily balance of $2,000.00 in your CUMMA account to obtain the APY.  You mustmaintain a minimum of $250.00 in your Share/Checking account to obtain the APY.  * Dividend Rate and APY shown for Share/Savings account is the most recent paid (prior quarter) and may not be effective this quarter or in the future.  For current information please call GGECU at 409-908-9834.
 

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