IRA, CERTIFICATE & MONEY MARKET ACCOUNTS

Grow your Money With an IRA, Certificate or Money Market Account

Make your money work harder for you with a certificate account, money market account1 or individual retirement account (IRA).2 Choose the savings products that fit your needs and earn higher dividends to reach your financial goals.

CD, Money Market, IRA
CD, Money Market, IRA

Savings products to make your money work harder for you


Open a certificate account and money market account online or open an IRA and other accounts by calling 915.778.9221.

compare savings products

BOOST YOUR SAVINGS & RETIREMENT

Bump-up Certificate Account

Lock in your dividend rate and then bump it up once during the life of the certificate account1 for continued growth. Your money grows with higher dividends and term options that are right for you!
Lock in your dividend rate and then bump it up once during the life of the certificate account1 for continued growth. Your money grows with higher dividends and term options that are right for you!

Best for: Members who want to take advantage of higher dividends.


  • Bump up the dividend rate once during the term of your certificate account
  • $5,000 minimum balance required for 18-month terms
  • $2,500 minimum balance required for 60-month terms
  • Dividends are paid monthly by a variety of methods
  • Automatically renews3 at the time of maturity if no action is taken

Money Market Account

Watch your hard-earned savings grow with a money market savings account that offers flexibility.
Watch your hard-earned savings grow with a money market savings account that offers flexibility.

Best for: Members looking to save with higher earning potential.


  • Earn more in dividends with higher account balances
  • Add money to your account at any time
  • Money market accounts offer higher dividends than regular savings accounts or checking accounts

Individual Retirement Accounts (IRAs)

Our IRA options help you get ready for retirement with tax-advantaged savings.
Our IRA options help you get ready for retirement with tax-advantaged savings.

Best for: Members looking to save for retirement or education.


We’re Here to Answer Your Certificate Account, Money Market Account and IRA Questions
  • How does a certificate account work?
    A certificate account is a savings product that locks in your funds for a fixed term where they grow at a fixed dividend rate. Certificate accounts usually require a specific amount of money as a minimum opening deposit that stays in the certificate account for a specified amount of time, also known as a “term.” Terms can be as short as three months and as long as five years and early-withdrawal penalties apply.8 Throughout the term of your account, you earn a specified amount of dividends. View more details on dividends and terms available.
  • When is my certificate account maturity date?
    Your certificate account maturity date is based on the term that you selected and can be found on your account-opening documents. You will also receive a notification from us prior to your certificate account’s maturity date.
  • Do I receive a notice when my certificate account matures?
    Yes, you will receive a notice at least 15 days prior to your certificate account’s maturity date.
  • What is a money market account?
    A money market account is a savings account that offers members the ability to earn a higher dividends while maintaining access to their funds. You can withdraw money, write checks and even transfer funds.9 The more money you put into a money market account, the more you can earn.
  • Can a business open a money market account?
  • Can I roll over a 401(k) into an IRA?
    Yes, you are able to roll over a 401(k) into an IRA. To roll over your 401(k) into a low-risk, federally insured option, contact GECU Special Services at 915.774.6879 to get started.
  • Are there eligibility requirements to open an IRA?
    Eligibility requirements may apply to open an IRA depending on the type of account that you want to open. Learn more about our IRAs or contact special services at 915.774.6879.
CD, Money Market, IRA

What’s Next for Your Savings?

Money Market Accounts

Our money market accounts offer more earning potential with higher balances! Watch your savings grow when you set up an automatic transfer. We’re here to help you make small efforts today that can lead to big things tomorrow!

1Must have a GECU share account to open a certificate or money market account. A one-time deposit of $10 in a GECU share account is all it takes. Membership eligibility is required.
2To open an IRA, you will need to make an appointment with GECU Special Services.
3Contribution limits vary and depend on your individual income level.
4Option is only available for GECU Bump-Up certificate accounts and GECU Smart Step certificate accounts. Please see the GECU rate schedule for more details.
5All terms and conditions are subject to change. Notice will be provided as required by law. Members receive maturity notification no less than 15 days prior to maturity.
6Certain tax implication and contribution limitations apply to Education Savings Accounts (ESA). Consult your tax adviser for details.
7Prior to requesting a rollover from your employer-sponsored retirement account to an individual retirement account (IRA), you should consider whether the rollover is suitable for you. There may be important differences in features, costs, services, withdrawal options and other important aspects between your employer-sponsored retirement account and an IRA.
8Accounts will be cancelled if the balance drops below the minimum amount required for the term of the account and an early-withdrawal penalty may apply. Please see the GECU rate schedule for more details.
9Unlimited over-the-counter access. Limits apply to other types of withdrawals.

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