Share Savings
CGECU has three types of savings account to meet your needs. The credit union only has "DEPOSITORY" accounts, thus by regulation, the withdrawals of such accounts are limited. The regulation on such accounts only allows six (6) withdrawals per month. The credit union BOD only allows three (3) with no fees per month.
Direct Deposit
Direct deposit is a safe and convenient way to have your funds deposited into your CGECU savings or checking account.
Direct deposit is faster and safer than mailing deposits, and funds are available immediately.
To get started, all you will need is your DOCCU savings or checking account number and DOCCU’s routing number – 265075207
Regular Share Savings Rates
This is a basic account required by all members. A minimum $25.00 balance is required to maintain your membership. Dividends are awarded quarterly by the Board of Directors on share aavings accounts with balances of $300.00 or greater.
| Tier Level | Minimum Average Daily Balance | Maximum Average Daily Balances | Dividend Rate | APY* |
|---|---|---|---|---|
| 1 | $0.01 | $299.99 | 0.00% | 0.00% |
| 2 | $300.00 | $4,999.99 | 0.07% | 0.17% |
| 3 | $5,000.00 | $9,999.99 | 0.11% | 0.11% |
| 4 | $10,000.00 | $124,999.99 | 0.14% | 0.14% |
| 5 | $125,000.00 | $99,999,999.99 | 0.18% | 0.18% |
Christmas Club Account Rates
Our special Christmas Club Accounts are offered annually to help members save up for the holidays starting on October 1 and paying out on November 1 each year. The maximum you can invest is $5,000.00 per 12-month period. You must deposit a minimum of $25.00 to open and $25.00 per month. Open period to start an account is from first business day of November to last business day of December. Request more information.
| Tier Level | Minimum Average Daily Balance | Maximum Average Daily Balance | Dividend Rate | APY* |
|---|---|---|---|---|
| 1 | $0.01 | $300.00 | 1.00% | 1.01% |
| 2 | $300.00 | $5,300.00 | 1.50% | 1.51% |