DEPOSIT ACCOUNT RATES
Checking and Savings Accounts
Rates Effective 01-20-2025
| Items | Balance to Earn APY | Rate | APY1 |
|---|---|---|---|
| Spark Checking | $0.01 - $1,000.00 | ||
| Spark Checking | $1,000.01 & above | ||
| Go-To Checking | n/a | n/a | n/a |
| Primary Savings | $100.01 | ||
| Additional Savings Accounts | $0.01 | ||
| Holiday Club Savings2 | $0.01 |
Dividends are compounded and credited monthly.
Interest is determined by Go Energy Credit Union's Board of Directors and is subject to change.
The interest period begins on the first calendar day and ends on the last calendar day of the interest period. Interest is calculated on the average daily balance in the account. Interest is paid to the account on the last day of the interest period.
1APY = Annual Percentage Yield
2During the first week of November, accounts with balances over $15 will have the funds transferred to the individual's checking account. If there is not a checking account, funds will be transferred to the savings (01) account.
Money Market Account
Rates Effective 01-20-2025
| Balance to Earn Rate | Dividends | APY1 |
|---|---|---|
| $0–$2,499.00 | ||
| $2,500–$9,999.99 | ||
| $10,000–$24,999.99 | ||
| $25,000–$49,999.99 | ||
| $50,000- $244,999.99 | ||
| $245,000 and above |
Dividends are calculated daily and credited monthly.
Interest is determined by Go Energy Credit Union's of Directors and is subject to change.
The interest period begins on the first calendar day and ends on the last calendar day of the interest period. Interest is calculated on the daily balance in the account. Interest is paid to the account on the last day of the interest period.
1APY = Annual Percentage Yield
IRA Savings Accounts
Rates Effective 01-20-2025
| Items | Balance to Earn APY | Rate | APY1 |
|---|---|---|---|
| Traditional | $0.01 | ||
| Traditional Conversion | $0.01 | ||
| Traditional Beneficiary | $0.01 | ||
| Roth Beneficiary | $0.01 | ||
| Education | $0.01 | ||
| Roth | $0.01 | ||
| Roth Conversion | $0.01 |
Dividends are compounded and credited monthly.
Interest is determined by Go Energy Credit Union's Board of Directors and is subject to change.
The interest period begins on the first calendar day and ends on the last calendar day of the interest period. Interest is calculated on the average daily balance in the account. Interest is paid to the account on the last day of the interest period.
1APY = Annual Percentage Yield
Certificate Accounts
Rates Effective 01-20-2025
| Term | Balance to Earn APY | Dividend Rate | APY1 |
|---|---|---|---|
| 6 month | $1,000 | ||
| 1 year | $1,000 | ||
| 2 year | $1,000 | ||
| 3 year | $1,000 | ||
| 4 year | $1,000 | ||
| 5 year | $1,000 |
Dividends are compounded monthly and credited monthly.
The Annual Percentage Yield is based on the assumption that the principal and interest will remain on deposit until maturity. A withdrawal of either principal or interest will reduce earnings. The interest period begins on the first and ends on the last calendar day of the interest period. If the certificate is closed prior to accrued interest being paid, interest payments will be paid. For all certificate accounts, the rate will be fixed and will be in effect for the entire term of the certificate.
Early Withdrawal Penalty:
Type of Rate: FIXED PER TERM. Addtional Deposits: NOT ALLOWED. Withdrawal Interest/Principal: ALLOWED. The credit union may impose a penalty if any of the principal is withdrawn before the maturity date. The penalty is calculated as a forfeiture of part of the interest. The penalty is based on interest earned and on the amount withdrawn and will not reduce principal.
Exceptions to Penalties: It is an option of the credit union to pay the account before maturity without imposing an early withdrawal penalty.
For all Regular, Jumbo, IRA, and Special Rate certificate accounts, the maturing certificate will automatically renew for the same or next shorter term upon maturity. For all auto renew accounts, there is a five (5) business day grace period after maturity in which to withdraw funds from the certificate without being charged an early withdrawal penalty. For Jumbo and IRA Certificates, interest can either be transferred to another account at Go Energy Credit Union or paid by check.
1APY = Annual Percentage Yield
LOAN RATES
Auto Loan Rates
Rates Effective 01-20-2025
*APR = Annual Percentage Rate.
| Descriptions | *APR as low as |
|---|---|
| Fixed rate - terms vary. contact us for details |
Home Equity Loans
Rates Effective 01-20-2025
| Descriptions | *APR as low as |
|---|---|
| Terms vary. contact us for details |
varies |
*APR = Annual Percentage Rate. CLTV = Combined Loan to Value. All rates are quoted on approved credit as Annual Percentage Rates (APRs). Loan approval is subject to credit, income, and property valuation. The APR is variable, based upon an index and a margin, and applies to the outstanding balance. Margin, rate, and payment amount may vary based on property value, loan amount, creditworthiness, and other factors. Property insurance is required; flood insurance may be required depending on the location of the collateral. Member will repay up to $875 in closing costs in line of credit is paid off within two years after closing date. GO HELOC Up to 80% CLTV; APR: Varies; Draw: 7 years; Repayment: 15 years; Line of Credit: $10,000-$250,000; Minimum Payment: $100; Minimum Draw: $500
Boat, RV, Motorcycle, ATV, Tractor etc. Loans
Rates Effective 01-20-2025
| Items | Descriptions | *APR as low as |
|---|---|---|
| Boat, RV, Jet Ski and Motorcycle | Fixed rate - terms vary. contact us for details |
|
| ATV, Tractor and Farm Equipment | Fixed rate - terms vary. contact us for details |
*APR = Annual Percentage Rate. Can be used for motorcycles, recreational vehicles, ATVs, boats, jet skis, tractors and farm equipment.
Personal and Lifestyle Loans
| Descriptions | *APR as low as |
|---|---|
| Fixed rate - terms vary. contact us for details |
Rates Effective 01-20-2025
*APR = Annual Percentage Rate. Personal loans or lifestyle loans can be used for a vacation, car repair, wedding, home decorating, debt consolidation and more.