Savings Options
Membership at GSCU starts with a Basic Savings Account. A minimum of $10 is required to open an account. Further your savings with an Advantage Savings Account or Advantage Plus Savings Account to earn higher dividends. Advantage Plus Savings Accounts must be opened at a GSCU branch.
An individual retirement account (IRA) allows you to contribute funds to your retirement and benefit from tax-deferred growth until the assets are withdrawn. This is a good option for those looking to earn a fixed return, while having easy access to their account.
Earn higher returns with easy access to your funds! Money Market Accounts require a $2,500 deposit to open with tiered dividend rates, while Easy Money Market Accounts require a $10,000 deposit to open and offer a single dividend rate.
Money Market Accounts must be opened in person. Please see rates for more information.
Guaranteed earnings at a set rate for a fixed term! A minimum of a $500 deposit is required to open these accounts. Please see rates for more information.
Certificate rates are subject to change at any time; however, the rate will remain in effect for the term of the certificate once opened. Dividends are compounded monthly and will be credited to your account monthly. Withdrawals or fees may reduce the earnings on these accounts. Penalties may be incurred for early withdrawals. Please refer to our separate Schedule of Fees and Truth in Savings disclosure for more information. Available upon request.
Your money may be available up to two days early with Direct Deposit at GSCU!
Employers often process payroll a few days before payday and rather than wait to give you access to your funds, Granite State Credit Union empowers you with access to your money sooner. That way you can use those funds for the big stuff you need to cover and the little stuff you don’t want to miss out on!
Take advantage of this early access for funds from your:
- Payroll
- Social Security
- Retirement
- Benefit Checks
- Pension Checks
Take better control of your bills! You can also arrange to have your account automatically debited to make pre-authorized payments, such as a monthly gym membership, by providing the credit union's routing number and your checking account number to the vendor.
*Pending electronic direct deposits are available up to two business days earlier when GSCU receives the funds via the Automatic Clearing House (ACH) database. GSCU does not assume any liability for funds not depositing into the account early.
Adding Beneficiaries
A beneficiary is a person you select to inherit your assets if you pass away. These assets include your life insurance benefits, retirement, and investment accounts that your will may not govern. Your assets will likely be held in probate if you do not claim a beneficiary.
| Basic & Secondary Savings | Advantage Savings | Advantage Plus Savings | |
|---|---|---|---|
| Minimum Deposit to Open | $10 | $10 | $50,000 |
| Minimum Balance to Earn Dividends | $10 | $500 | $50,000 |
| Earns Dividends | Yes | Yes | Yes |
| Tiered Dividend Rates | No | Yes | No |
| Free Payroll Direct Deposit | Yes | Yes | Yes |
| Free OnLine & Mobile Banking | Yes | Yes | Yes |
| Free Mobile Deposit | Yes | Yes | Yes |
| Free eStatements | Yes | Yes | Yes |
| Free Instant Issue ATM Card | Yes | Yes | Yes |
| Surcharge Free ATMs (GSCU or Co-Op ATMs) | Yes | Yes | Yes |
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