Personal Accounts
Saving money doesn't have to be hard. That's why Greater Iowa Credit Union has created accounts that help you save money, no matter
where you are in your financial journey. No matter the account that you choose, all Greater Iowa savings products offer competitive
interest. That's because we're a credit union.
It only takes $5 to open a savings account and your deposits begin earning interest after $50.
If you're looking to earn even more interest, take a look at other savings-based accounts.
Certificate of deposit (CDs)
Certificates traditionally pay a higher rate of return than other savings accounts. A minimum balance is set aside for 6-60 months and the money earns a high, fixed rate of return for the entire time it's in the account. The dividends on certificates are compounded and credited monthly. Early withdrawal does result in a penalty.
Greater Iowa has expanded their CD line to include Funding life CDs. These CDs offer competitive rates, while offering the convenience of making one withdrawal during the life of the CD.
Click here for current rates. If you're a current Greater Iowa member, you can open a CD over the phone. Just call 1-800-296-9064.
High-yield money market accounts
High-yield money market accounts earn superior earnings on balances as little as $2,500. And you still have access to your money.
The minimum balance to open an account is $2,500, and if that balance is maintained and transactions are kept to six or less each month there are no fees involved. These accounts offer a tiered rate structure determined monthly. Call a member service representative or stop in to any Greater Iowa branch to open your account.
Additional insurance for your deposits
One thing that makes Greater Iowa unique is that we insure your deposits above and beyond most financial institutions.
All deposits are insured up to $500,000; $250,000 is insured by the National Credit Union Administration (NCUA) and $250,000 is insured by Excess Share Insurance Corporation.
It's just another example of the difference between Greater Iowa and other financial institutions.
Greater Iowa Credit Union is an equal opportunity lender and a member of the NCUA. All deposits at Greater Iowa Credit Union are
insured up to $250,000 through the National Credit Union Association. An additional $250,000 insurance is provided by Excess Share Insurance Corp.
