Account Rates
Account Rates as of December 01, 2023
Primary Share Account
Daily Balance |
Dividend Rate |
APY** |
|---|---|---|
$100.00 - $10,000.00 |
0.10% |
0.10% |
$10,000.01 - $40,000.00 |
0.20% |
0.20% |
$40,000.01 or greater |
0.30% |
0.30% |
All Other Share Accounts
Account Type | Daily Balance | Dividend Rate | APY** |
|---|---|---|---|
Individual Retirement Account (IRA), Roth, Coverdell | $25.00 and over | 2.00% | 2.02% |
Money Market Account | $5,000.00 - $49,999.99 | 0.60% | 0.60% |
$50,000.01 - $99,999.99 | 1.00% | 1.00% | |
$100,000.01 or greater | 1.40% | 1.41% | |
Christmas Savings | $5.00 and over | 0.10% | 0.10% |
Vacation Account | $5.00 and over | 0.10% | 0.10% |
Special Share Account | $5.00 - $10,000.00 | 0.10% | 0.10% |
$10,000.01 - $40,000.00 | 0.20% | 0.20% | |
$40,000.01 or greater | 0.30% | 0.30% | |
Platinum Club^ | $2,500.00 - $10,000.00 | 0.35% | 0.35% |
$10,000.01 or $40,000.00 | 0.45% | 0.45% |
Checking Accounts
Account Type | Daily Balance | Dividend Rate | APY** |
|---|---|---|---|
Māla Checking | $5.00 and over | 0.15% | 0.15% |
Share Draft Checking | $5.00 and over | 0.10% | 0.10% |
Share Certificates
Term | Minimum Opening Deposit | Dividend Rate | APY** |
|---|---|---|---|
6 Month | $500.00 | 3.50% | 3.55% |
12 Month | $500.00 | 3.25% | 3.29% |
18 Month | $500.00 | 2.75% | 2.78% |
24 Month | $500.00 | 2.50% | 2.52% |
Loyalty Share Certificates***
Term | Minimum Opening Deposit | Dividend Rate | APY** |
|---|---|---|---|
6 Month | $10,000.00 | 3.80% | 3.85% |
12 Month | $10,000.00 | 3.55% | 3.60% |
18 Month | $10,000.00 | 3.05% | 3.09% |
24 Month | $10,000.00 | 2.80% | 2.83% |
***Loyalty Share Certificates are only available to Garden Island FCU members of at least fifteen (15) years of membership.
Jumbo Share Certificates
Term | Minimum Opening Deposit | Dividend Rate | APY** |
|---|---|---|---|
6 Month | $100,000.00 | 3.65% | 3.70% |
12 Month | $100,000.00 | 3.40% | 3.44% |
18 Month | $100,000.00 | 2.90% | 2.93% |
24 Month | $100,000.00 | 2.65% | 2.68% |
The rates quoted above are accurate and effective for the above accounts as of the effective date indicated. Certificate rates remain fixed for the term of the certificate. Fees or other conditions could reduce the earnings on the account. A penalty may be imposed for withdrawals before maturity.
**APY is Annual Percentage Yield and is subject to change without notice.
^Platinum Club Account is available to members 55 years of age or older. The Platinum Club Savings Account must maintain a minimum of $2,500.00 with an account balance not to exceed $40,000.00 in order to qualify for benefits. Contact us at (808) 245-2712 to learn more about the special benefits package included on the Platinum Club Account.
Māla Checking and Share Draft Checking dividends are paid monthly into the Primary Share Account.
All other dividends are compounded and credited to the account every quarter. Fees may reduce earnings.
Rates may vary from the information published here. Please see a representative at Garden Island Federal Credit Union to obtain current rates and account details. The dividend rate and annual percentage yield may change every quarter. We may change the dividend rate for your account as determined by the Credit Union Board of Directors. Dividends are compounded and credited to your account every quarter. For all accounts, obtain complete information including: Privacy Disclosure, Membership and Account Agreement, Funds Availability Policy Disclosure, Electronic Fund Transfers Agreement and Disclosure, Truth in Savings Disclosures, and current Dividend Rates from Garden Island Federal Credit Union’s office.