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GenFed’s Club Savings accounts make it easy to set money aside for a specific purpose or savings goal. It’s a great way to budget and save for a big purchase, the holidays, a vacation, a wedding, a child’s education, and more!
|Special Purpose Savings Account|
|Type||Minimum Balance to Earn Dividends||Dividend Rate (APY)|
|All Other Club Accounts||$100.00||0.10%|
Make saving automatic with direct deposit, payroll deduction, or by setting up recurring transfers from other accounts! Plus, it’s easy to manage your savings with free online and mobile banking and your choice of free printed or e-Statements.
APY = Annual Percentage Yield. See rates page for full rates disclosures. ACCOUNTS INSURED UP TO $500,000. American Share Insurance insures each account up to $250,000. Excess Share Insurance Corporation provides up to an additional $250,000 of insurance per account.