Credit union · NCUA insured
Great Lakes First Federal Credit Union Savings Rates
Top CarrotGreat Lakes First Federal Credit Union’s best savings rate is 0.20% APY on $10,000, with its Savings Account (Share Account). Rates checked October 16, 2026.
How Great Lakes First Federal Credit Union’s savings rates compare
Compared with banks and credit unions near Escanaba, MI, where Great Lakes First Federal Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
Great Lakes First Federal Credit Union
0.20%APY
- Requires
- None
- Minimum
- —
- Earns on $10,000 a year
- $20
Savings Account (Share Account)
Top rate
Flagstar Bank
4.00%APY
- Requires
- None
- Minimum
- $1
- Earns on $10,000 a year
- $400
2nd-highest rate
Nicolet National Bank
1.30%APY
- Requires
- Another account
- Minimum
- $10,000
- Earns on $10,000 a year
- $130
Great Lakes First Federal Credit Union savings score
69
Savings score
Higher than 23% of U.S. banks and credit unions
- $1,000 balance$1,0000.20%
- $10,000 balance$10,0000.20%
- $100,000 balance$100,0000.20%
- QualifiedQualified0.20%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Great Lakes First Federal Credit Union ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Savings Account (Share Account)
0.20%APY
Standard account to become a member; holds a $5.00 minimum balance and charges a $1.00 opening fee. Dividends are earned automatically on the balance with no monthly service fees.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $5 and upHold $5.00 minimum balance; $1.00 fee for opening an account. No monthly service fees.$5 and up | 0.20% | $20 | Hold $5.00 minimum balance; $1.00 fee for opening an account. No monthly service fees. |
Sources (1)
- glffcu.com/accounts · captured Sep 18, 2026
Special-purpose accounts
IRA
0.50%APY
Offered as Traditional IRA (tax deductions) or ROTH IRA (tax-free withdrawal of earnings).
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Any balance | 0.50% | $50 |
Sources (1)
- glffcu.com/accounts · captured Sep 18, 2026
Youth Savings (Share) Account
0.20%APY
Youth savings account with a stamp reward system for deposits over $5.00 (one valid deposit per day eligible for stamps). Holds a $5.00 balance and requires a $1.00 opening fee.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $5 and upHolds a $5.00 balance and requires a $1.00 fee to open.$5 and up | 0.20% | $20 | Holds a $5.00 balance and requires a $1.00 fee to open. |
Sources (1)
- glffcu.com/accounts · captured Sep 18, 2026
HSA
0.10%APY
Make tax-deductible contributions to the account, then use the money to pay for qualified medical expenses tax free.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Any balance | 0.10% | $10 |
Sources (1)
- glffcu.com/accounts · captured Sep 18, 2026
Who can join Great Lakes First Federal Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Persons who live, work, worship, or attend school in, as well as businesses and other legal entities located within a 4-mile radius of the post office in Gladstone, MI, are eligible for membership.
- Persons who live, work, worship, or attend school in, and businesses and other legal entities located in the Michigan townships of Bay de Noc, Brampton, Ensign, and Masonville are eligible for membership.
- Persons living, regularly working, worshiping, attending school, volunteering, or participating in associations or poverty/distress alleviation programs in the underserved area of Delta County, as well as qualifying organizations in that area, are eligible for membership.
Employers and groups
- Employees of the Harnischfeger Corporation in Escanaba, MI are eligible for membership.
- Members of Esky Band Boosters in Escanaba, Michigan who qualify for membership in accordance with its charter and bylaws in effect on September 30, 1992 are eligible for membership.
- Employees of Great Lakes First Federal Credit Union are eligible for membership.
9 more ways to join
Employers and groups
- Members of Teamsters Local #328 in Escanaba, MI are eligible for membership.
- Employees of Alger Delta Co-Op Electric Corporation who work in Gladstone, MI are eligible for membership.
- Employees of Northern Michigan Splice Veneer (now called Besse Forest Products) who work in Gladstone, MI are eligible for membership.
- Employees of Marble Arms Company who work in Gladstone, MI are eligible for membership.
- Employees of LaPine Brothers who work in Gladstone, MI are eligible for membership.
Family and household
- Spouses of persons who died while within the field of membership of the credit union are eligible for membership.
- Immediate family members (spouse, child, sibling, parent, grandparent, grandchild, including adoptive and step relationships) or household members of eligible persons are eligible for membership.
Other ways
- Persons retired as pensioners or annuitants from qualifying employment are eligible for membership.
- Organizations of eligible persons are eligible for membership.
Membership information collected October 5, 2026.