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Savings Accounts

Main Share

Your share account is the staple of membership. Every member owns a “share” of the credit union.

For only $5.00 you can start your lifetime membership with Greater Pittsburgh Federal Credit Union! See below for all materials needed to join.

  • Make withdrawals from your available funds at any time: cash or check
  • Unlimited deposits: Payroll deductions, direct deposit, electronic funds transfer, cash, check, money order, etc.
  • Overdraft Protection for your Free Checking Account with Greater Pittsburgh Federal Credit Union
  • Online Bill Pay. Want access to this feature? Open a free Checking Account today!

Money Market

A Money Market Account is a high-yield savings option that lets you earn more on your balance while still keeping your funds accessible when you need them. Think of it as a bridge between a regular savings account and a certificate of deposit (or CD) – offering higher dividend rates without locking your money away for the long-term. A Money Market Account’s average-daily-balance earns a compounded rate, paid out through dividends monthly, helping your savings grow even faster. Rates, available here on our website, are tiered – meaning the higher your account balance, the greater your dividend’s return.

All you need to do is complete a new Account Card, denoting the Money Market Account type option at the top, and return the completed Account Card to any Greater Pittsburgh branch. A minimum initial deposit of $2,000.00 is required. This can be existing funds in your credit union savings, or you can deposit new funds to meet this requirement. You may visit any branch, call us at (412) 621-6800, or email info\.org if you have any questions about opening a new Money Market Account.

Vacation Club

The Vacation Club Account is a smart and easy way to put money away year-round for trips or even as an emergency fund.

You may make unlimited deposits into this account via payroll deductions, direct deposit, electronic funds transfer, cash, check, money order, etc. at any time.*
In an effort to encourage saving, there is a limit of 2 withdrawals per calendar year. There is a $5.00 Early Withdrawal Fee that will be applied to any subsequent withdrawals.

*Deposits may be mailed to:

  • Greater Pittsburgh Federal Credit Union
  • 4415 Fifth Ave Suite 100
  • Pittsburgh, PA 15213
If mailing a deposit, please ensure that your account number is clearly indicated.

Ask us for more information and set up a Vacation Club Account today.

Christmas Club

Holiday expenses getting the better of you? Stay ahead by saving year round with a Christmas Club Account!

You may make unlimited deposits into this account via payroll deductions, direct deposit, electronic funds transfer, cash, check, money order, etc. at any time.* There is a $5.00 Early Withdrawal Fee per transaction that will be applied to any withdrawal or transfer from the club account outside of the open withdrawal period from October 1st through December 31st each year.

*Deposits may be mailed to:

  • Greater Pittsburgh Federal Credit Union
  • 4415 Fifth Ave Suite 100
  • Pittsburgh, PA 15213
If mailing a deposit, please ensure that your account number is clearly indicated.

Ask us for more information and set up a Christmas Club Account today.

Youth Accounts

Teach your children the value of saving and begin putting money aside for their future! Any current GPFCU member as a parent or guardian may set up a Share Savings Account for minors under 18 years old with a valid social security number and copy of the youths birth certificate. The account is opened in the child’s name with the parent or guardian as joint owner.

Both you and your youth may make unlimited deposits into this account via payroll deductions, direct deposit, electronic funds transfer, cash, check, money order, etc. at any time.*

*Deposits may be mailed to:

  • Greater Pittsburgh Federal Credit Union
  • 4415 Fifth Ave Suite 100
  • Pittsburgh, PA 15213
If mailing a deposit, please ensure that the intended account number is clearly indicated.

  • Stop into any office or request a new member packet here.
  • Complete an Account Card with the minor’s information. (If the minor is unable to give their signature, the joint owner [adult member opening the youth account] signs the minor’s name for them and writes “minor” next to the signature.)
  • Joint owner(s) must provide photocopies of 2 forms of IDs:
    • driver’s license
    • work ID
    • passport, etc.
  • Return completed Account Card, parent or guardian’s photo ID copies, copy of youth’s birth certificate and SSN, and a minimum of $5.00 for the initial deposit.

At 16 years-old, youth members can open a free credit union Checking Account with debit card access – a perfect starter tool to teach young members the benefits to smart spending habits and account security. All that would be needed is an Account Card completed by the youth and the parent or guardian listed on the account as joint owner, indicating a Share Draft/Checking Account at the top of the completed Account Card.

At 18 years old, members who had youth accounts can remove the parent or guardian joint owner and retain sole ownership and membership at the credit union as an adult. To remove the parent or guardian from the account, a Remove Joint Owner form is required. This form is available in the Printable Form section of our website or at any GPFCU branch office.

Certificates

Looking to put away some money for an extended period of time and earn the most from your savings? A Certificate of Deposit (CD) may be a good fit for you.

Features Include:

  • Dividends will be applied to your account quarterly.
  • $500.00 minimum balance required.
  • Automatically renew at maturity unless you indicate otherwise within the 10 day grace period. Early withdrawal penalties apply.
  • At maturity, funds may be withdrawn via cash, check or transferred directly to shares.
Ask us for more information on Certificates of Deposit (CDs) today.