Credit union · NCUA insured
Great Lakes Credit Union Savings Rates
Great Lakes Credit Union’s best savings rate is 1.00% APY, with its Money Market Account, with extra requirements. Rates checked September 25, 2026.
How Great Lakes Credit Union’s savings rates compare
Compared with banks and credit unions in Illinois, where Great Lakes Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
Great Lakes Credit Union
1.00%APY
- Requires
- Monthly account activity
- Minimum
- $2,500
- Earns on $10,000 a year
- $100
Money Market Account
Top rate
State Farm Federal Credit Union
4.08%APY
- Requires
- None
- Minimum
- —
- Earns on $10,000 a year
- $408
2nd-highest rate
Dieterich Bank
4.00%APY
- Requires
- Monthly account activity
- Minimum
- $25
- Earns on $10,000 a year
- $400
Every rate
Current savings rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Money Market Account
Up to 1.00%APY
Requires minimum deposit of $2,500 to open and minimum average daily balance of $2,500 to earn stated dividends. Up to 6 transfers/withdrawals per month. Additional APY available with qualifying Free Checking Account debit card transactions.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceTier 3: Earn an additional 1.00% APY on accompanying Money Market account with 40 or more Free Checking Account debit card transactions.Any balance | 1.00% | $100 | Tier 3: Earn an additional 1.00% APY on accompanying Money Market account with 40 or more Free Checking Account debit card transactions. |
| Any balanceTier 2: Earn an additional 0.50% APY on accompanying Money Market account with 20-39 monthly Free Checking Account debit card transactions.Any balance | 0.50% | $50 | Tier 2: Earn an additional 0.50% APY on accompanying Money Market account with 20-39 monthly Free Checking Account debit card transactions. |
| Any balanceTier 1: 0.00% additional APY on accompanying Money Market account with 0-19 monthly Free Checking Account debit card transactions.Any balance | 0.00% | $0 | Tier 1: 0.00% additional APY on accompanying Money Market account with 0-19 monthly Free Checking Account debit card transactions. |
Sources (2)
All captured Sep 24, 2026
Special-purpose accounts
IRA Savings
0.05%APY
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $100 and up$100 minimum deposit to open and earn. Dividends accrue daily, paid monthly.$100 and up | 0.05% | $5 | $100 minimum deposit to open and earn. Dividends accrue daily, paid monthly. |
Sources (1)
- glcu.org/invest/iras/ira-savings · captured Sep 25, 2026
Who can join Great Lakes Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Individuals who live, work, or worship within designated areas in Illinois, Indiana, or Wisconsin are eligible for membership.
Employers and groups
- Employees of Select Employer Groups (SEGs) are eligible for membership.
Military, government and schools
- Federal workers, active or veteran military personnel, and their families are eligible for membership.
Other ways
- Individuals who are not local can qualify for membership by donating to the GLCU Foundation for Financial Empowerment.
Cost to join
- It does not cost money to join GLCU.
- Joining requires a share savings account deposit of $1 or more.
Membership information collected October 5, 2026.