Grow Financial Federal Credit Union

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Rates
& Fees

Earning More and Paying Less Sure Beats the Other Way Around


At Grow, we think you should be paid more—and pay less. It’s just another way we put people before profit. Whether it’s offering higher dividend rates on savings or lower interest rates on car loans and mortgages, you’re the one who benefits.

We don’t want to charge fees, either. So we make it easy for you to understand what fees you may be charged and how to avoid them. View the Fee Schedule.

We’ll Help Your Savings Pile Up

You expect to earn a dividend on your savings, but we think these rates will be a pleasant surprise.

Open a Savings Account
Savings AccountsMinimum DepositDividend RateAnnual Percentage Yield (APY)
Basic Savings Account$1.000.05%0.05%1
Club Account$5.000.10%0.10%1
IRA Savings Account$0.000.25%0.25%1
Roth IRA Savings Account$0.000.25%0.25%1
Coverdell Education Savings Account$0.000.25%0.25%1
Health Savings Account$0.000.10%0.10%1
Get Fit Account$5.000.35%0.35%2
Money Market AccountDividend RateAnnual Percentage Yield (APY)
Balance less than $1,0000.00%0.00%3
Balance of $1,000 to $9,999.990.10%0.10%3
Balance of $10,000 to $24,999.990.15%0.15%3
Balance of $25,000 to $49,999.990.20%0.20%3
Balance of $50,000 to $99,999.990.25%0.25%3
Balance over $100,0000.35%0.35%3
Certificate AccountDividend Rate $500 - $99,999.99Annual Percentage Yield (APY) $500 - $99,999.99Dividend Rate $100,000+Annual Percentage Yield (APY) $100,000+
6 - 11 months0.25%0.25%40.35%0.35%4
12 - 17 months0.35%0.35%40.45%0.45%4
18 - 23 months0.35%0.35%40.45%0.45%4
24 - 29 months0.40%0.40%40.50%0.50%4
30 - 35 months0.40%0.40%40.50%0.50%4
36 - 47 months0.50%0.50%40.60%0.60%4
48 - 59 months0.60%0.60%40.70%0.70%4
60 months0.70%0.70%40.80%0.80%4
IRA Certificate AccountDividend Rate $500 - $99,999.99Annual Percentage Yield (APY) $500 - $99,999.99Dividend Rate $100,000+Annual Percentage Yield (APY) $100,000+
6 - 11 months0.25%0.25%40.35%0.35%4
12 - 17 months0.35%0.35%40.45%0.45%4
18 - 23 months0.35%0.35%40.45%0.45%4
24 - 29 months0.40%0.40%40.50%0.50%4
30 - 35 months0.40%0.40%40.50%0.50%4
36 - 47 months0.50%0.50%40.60%0.60%4
48 - 59 months0.60%0.60%40.70%0.70%4
60 months0.70%0.70%40.80%0.80%4

Grow Savings Accounts are subject to ChexSystems® approval.

1The APYs are accurate as of 04/01/2020 and may change without notice after the account is opened. Variable Rate. Fees could reduce earnings.

2The APYs are accurate as of 07/01/2013 and may change without notice after the account is opened. Variable Rate. Fees could reduce earnings. Minimum balance to open is $5. Maximum balance to open is $400. Minimum deposit per month is $20. Maximum deposit per month is $400, withdrawals are permitted. Bonus: When the account reaches $10,000, we will deposit $100 to that account within 90 days and your funds will be transferred to your Basic Savings Account. If more than $400 per month is deposited, the excess will be automatically transferred to your Basic Savings Account. If excess deposits have to be transferred 3 times to the Basic Savings Account, during a 12-month period, the balance of the account will be transferred to the Basic Savings Account. If you fail to deposit $20 per month for 3 months during a 12 month period, the funds in the account will be transferred to the Basic Savings Account. Fees could reduce earnings.

3The APYs are accurate as of 10/01/2020 and may change without notice after the account is opened. This is a tiered account. Variable Rate Account. Fees could reduce earnings.

4The APYs are accurate as of 10/01/2020 and may change without notice after the account is opened. Fees could reduce earnings on the account. A penalty will be imposed for early withdrawals. If the account is opened with $100,000 or more, you must maintain a daily balance of $100,000 in your account each day to obtain the disclosed APY. If the account is opened with less than $100,000, you must maintain a minimum daily balance of $500.00 in your account each day to obtain the disclosed APY. If your account falls below the minimum balance requirements, your account will be closed.

Fees: Please refer to our separate fee schedule.

Home Loans That Will Keep Your Home Happy

A home loan can often be the biggest debt you have. Our rates can make it easier to manage.

Important Information About Procedures for Opening a New Account

To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: when you open an account we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.