Savings Account

GECU Savings Accounts1

WHAT’S NEXT FOR YOU?

You can start accomplishing more with the tools, encouragement and support of GECU's savings accounts. We're here to help you make small efforts that can lead to big things. Save today, so tomorrow you can ask yourself, "What's next for me?"

  • Savings accounts
  • Emergency savings funds
  • Youth and education savings
  • Retirement saving2

Open your GECU savings account today by calling 915.778.9221 or by visiting any location!


Financial Education Tools

Get one step closer to your goals with these FREE financial education videos that teach you about …

  • Finances 101
  • Buying a home
  • The college years
  • Understanding your credit report
  • Retirement and much more!

Choosing Your Personal Savings Account

Congratulations! When you open your personal savings account, you become a member and owner of GECU. That means opportunities to apply for a wide range of affordable loans and other GECU products and services.

  • No monthly service fee
  • Free online banking
  • Free access to your account on your pc, laptop, tablet and mobile phone3
  • Transfer funds at no charge to your saving and deposit accounts
  • Free GECU ATM Card
  • Surcharge-free ATMs locally and nationwide4

GECU Youth Savings Accounts

GECU offers three educational accounts designed to teach your kids the discipline of saving money and watching it grow.

  • Money Mammals — up to 8 years of age.

    Our Money Mammals account is perfect for teaching younger children the value of saving and spending their money.

    • No monthly service fee
    • Online financial tools
    • Quarterly online newsletters
    • Interactive website
    • Free coin sorter usage
    • Special free gift when they open their account
  • M3 Money Club — 9 to 13 years of age.

    It's never too early for your "tweens" to learn about saving money and about savings accounts. GECU's M3 Money Club will show your son or daughter how to develop smart money management skills ... and, it's fun too!

    • No monthly service fee
    • Online financial tools
    • Online newsletter and interactive website
    • Free coin sorter usage
    • Special free gift when they open their account
  • Free2Be — 14 to 17 years of age.

    Now that you have a job, it's time to learn about managing money. GECU has a savings account (and checking) to help you on your way to financial freedom.

    • No monthly service fee
    • Free access to Free2Be online newsletter and interactive website
    • A variety of financial tools, tips, podcasts and videos
    • Free access to 24/7 online banking on your pc, laptop, tablet or mobile phone3
    • Free coin sorter usage
    • Surcharge-free ATMs locally and nationally4
    • Free special $5 music download gift when you open your account
  • GECU Miners Kids Club Youth Savings Account — 0 to 12 years of age

    GECU teamed up with UTEP Athletics to bring you a fun, interactive opportunity for any child ages 12 and younger to be part of an exclusive group where they will participate with UTEP and also learn how to be money-smart — the Miners Kids Club presented by GECU!5 Join the Miners Kids Club and then you’ll be able to open a GECU Miners Kids Club Youth Savings Account!

    • No monthly service fee
    • $10 deposit once two recurring transfers in GECU Online Banking are completed6
    • Free coin sorter usage
    • Special gift when the account is opened

    JOIN THE CLUB

Senior Privilege Program


Savings Calculator

Want to know how much you'll need to save to reach your savings goal? We can help! Click here.7


Account Minimum Opening Balance Minimum Balance to Earn Dividends Dividend/Interest Payment Period Special Requirements
Personal savings account represents your ownership or "share" of the credit union. $20 $100 Paid quarterly on the last business day of the quarterly statement periods on March, June, September and December None
Youth AccountsMoney Mammals Club $20 $20 All youth accounts are paid quarterly on the last business day of March, June, September and December Up to 8 years
M3 Money Club $20 $20 All youth accounts are paid quarterly on the last business day of March, June, September and December 9 to 13 years
Free2Be savings $20 $20 All youth accounts are paid quarterly on the last business day of March, June, September and December 14 to 17 years
GECU Miners Kids Club Youth Savings Account $20 $20 All youth accounts are paid quarterly on the last business day of March, June, September and December Ages 0–12

In addition to the above, all GECU share/savings accounts offer the following benefits:

  • 24/7/365 access to account information by calling 915.778.9221 or by logging in to online banking.
  • Deposit insurance by the National Credit Union Share Insurance Fund (NCUSIF) up to $250,000. For complete details on insurance coverage amounts, request a free copy of "Your Insured Funds" brochure by speaking with a live GECU representative at 915.778.9221, toll-free at 1.800.772.4328.

1Must have a GECU share account to open a checking account. A one-time deposit of $20 in a GECU share account is all it takes. Learn more about how you can join. Click here.
2Other conditions apply.
3No charge to access these services from GECU. Standard text-messaging and data rates may apply.
4There may be transaction fees charged by owner of non-GECU ATMs.
5A Miners Kids Club membership is required to open a GECU Miners Kids Club Youth Savings account. A minimum opening deposit of $20 will be funded by GECU at account opening. APY (Annual Percentage Yield) of 0.25% is dependent on the share account opened and is accurate as of the last dividend declaration date. Rates may change after the account is opened. Rates are accurate as of July 14, 2020. Limit one account per Miners Kids Club membership. GECU will provide tax reporting to recipient and Internal Revenue Service
6Receive a one-time deposit of $10 into the GECU Miners Kids Club Youth Savings account when recurring transfers are set up through GECU Online Banking and two transfers are completed within the first three months of opening the account. Limit one deposit per account.
7Information and interactive calculators are made available to you as self-help tools for your independent use and are for illustrative purposes only. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes.