The financial health of your Credit Union is, as always, on solid ground. And your funds are insured by the National Credit Union Administration (NCUA), the federal agency that administers the National Credit Union Share Insurance Fund (NCUSIF).
The NCUSIF, like the FDIC’s Deposit Insurance Fund, is a federal insurance fund backed by the full faith and credit of the U.S. Government. Recently the amount of free insurance coverage on your funds was raised to $250,000 on savings.
Visit the following links for more in-depth information on Your Insured Funds, including share insurance estimators and frequently asked questions.
How Your Accounts Are Federally Insured?
Savings (Share) Accounts
Savings (Share) Accounts are our basic savings program. Each member is required to have a minimum balance of $1.00 (one share) in a regular share account to maintain their credit union membership.
Secondary Savings Account
If you are saving for a specific purpose, this secondary savings account is for you. You can name the account for it’s specific savings purpose, like travel, home repairs, school tuition, holiday shopping, or anything else you please.
Children’s Little Nugget Certificate
Perfect savings account for ages 0 thru 17! Goldmark FCU Little Nugget CD let children and young adults start saving early at high APY rates.
Looney Tunes Savings Club
The looney Tunes Savings Club is a program designed to make saving fun and exciting for children 12 years of age and under.
Teen Freedom Account
Created for youth, ages 13 to 17, Goldmark FCU Teen Freedom Account offers the independence for a young adult to learn fiscal responsibility.
Vacation Club
Save for those important getaways at a higher rate of interest. Withdrawals can be made twice a year at your discretion.
Christmas Club
Smart spending starts with smart savings. Our Holiday Club account allows you to save all year long to make sure you’re prepared for the holidays.
Money Market Hi Yield
The best dividend rate available without locking your money in for a specific term. Four separate rate levels are available, based on account balance.
Individual Retirement Accounts (IRAs)
Goldmark FCU's Individual Retirement Accounts accounts will assist you in planning for your future retirement.
Term Certificates (CDs)
Known in other financial institutions as Certificates of Deposit (CDs). A $500.00 minimum balance is required.