Gulf Power Company Employees CU
GPCE Credit Union Savings Rates

Savings Rates

Savings Rates

Dividend Rates on shares are declared at the end of each month by the Board of Directors based upon the available earnings of the credit union. Rates paid the prior month are not guaranteed for the current month. All rates are subject to change.

Savings Accounts
Effective Date: Tuesday, August 4th, 2020
Account TypePrior Month RatePrior Month APY*
Savings Account ($25 Minimum) 0.15% 0.15%
Checking Account ($0 Minimum) 0.00% 0.00%
Christmas Club Account ($0 Minimum) 0.15% 0.15%
Savings IRA ($25 minimum/No Term) 0.15% 0.15%
Money Market Account ($20,000 Minimum)
Balances drop below $20,000 0.15% 0.15%
Balances Maintained at/over $20,000 0.20% 0.20%

Share Certificate Accounts

The following share certificate accounts are available for the terms below and require a minimum balance to open the account of $1,000.00. All rates are subject to change.

Share Certificate Accounts
Effective Date: Tuesday, August 4th, 2020
TermCurrent Month RateCurrent Month APY*
12 Months/1 Year 0.75% 0.750%
24 Months/2 Years 0.85% 0.850%
36 Months/3 Years 1.00% 1.000%

Youth Share Certificates

These share certificates are available and require a minimum balance to open the account of $200.00. This special youth savings share certificate is offered to members up to age 17 for a term of 12 months only*. The dividend rate paid will be the same as shown for a regular 12 month* term certificate. All rates are subject to change. Call for more details 850-430-1961 or toll free 800-472-4723.

Individual Retirement Certificate Accounts (IRAs)

Traditional, Roth, and Coverdell IRA certificate accounts are available for terms shown below and require a minimum balance to open the account of $1,000.00. All rates are subject to change.

Individual Retirement Certificate Accounts
Effective Date: Tuesday, August 4th, 2020
TermCurrent Month RateCurrent Month APY*
12 Months/1 Year 0.75% 0.752%
24 Months/2 Years 0.85% 0.853%
36 Months/3 Years 1.00% 1.004%

*APY=Annual Percentage Yield. Rates as of 7/8/2020. Early withdrawal penalties may apply. Rates and yields are subject to change at any time. APY assumes interest remains on deposit until maturity.
*GPCE Credit Union reserves the right to discontinue or modify offers at any time. Restrictions may apply to promotional products.

For additional information on all share accounts, rates, or fees, please contact a representative at any convenient office of GPCE Credit Union or call us 850-430-1961 or toll free 800-472-4723.