Gulf Winds Federal Credit Union
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Gulf Winds
Federal Credit Union
Phone: (850) 479.9601
Toll Free (800) 650.6328
Branches & Hours

Your Place To Save
Your Money is Safe, Sound & Secure

Savings Rates

Savings Account Access:
Enjoy easy and convenient access to your savings accounts through:

Online Banking
Phone Anytime Teller (PAT)
VISA Debit Card
ATM Network

 


A savings account provides a basis for security and stability for you and your family. Gulf Winds has many types of savings products to meet your needs, no matter your age, savings goals or financial situation. Our savings, share certificate and individual retirement accounts are designed to help you reach your financial goals. Gulf Winds offers long-term financial and retirement  planning, and investment services through our partners at Raymond James Financial Services, Inc.

Gulf Winds membership begins with the opening of your savings account. An initial deposit and minimum balance of $25 must be maintained to establish membership and remain in good standing. Set up an allotment from your direct deposit to make saving easier.

MySavings
Pay yourself first with regular deposits to your Gulf Winds savings account. Our savings accounts earn higher dividends than at most other financial institutions. At Gulf Winds, dividends are earned daily, and credited and compounded monthly. Get started with just $25.

Special Savings Accounts
Open customized special savings accounts for family vacations, college tuition, auto down payments, annual insurance premiums and more. Organize your finances by creating personalized names for each account.

Christmas Club
Our Christmas Club helps you save for holiday expenses. It may be opened at any time of the year and there is no minimum deposit required.

MyMoney Teens
MyMoney Teens is an interest-bearing savings account designed just for teens. We provide access to financial education and resources that will teach teens financial responsibility and help them save for their future.

MyMoney Kids
MyMoney Kids accounts provide a fun way to teach kids how to be responsible with their money. We encourage kids to save in their own interest-bearing savings account with tokens that can be redeemed for prizes.



Certificates and IRAs


If you are saving for long-term goals, take advantage of Gulf Winds Certificates for higher-rate dividends. Gulf Winds offers great rates, several term options, and low minimum deposits, which makes it easy to save wherever you are in life.

Share Certificates
Gulf Winds Share Certificates offer you a secure investment that pays a high competitive rate. Share Certificates allow you to save and earn money by locking into Gulf Winds’ highest dividend rates. Also, Share Certificates are safe because they are not tied to the stock market or any other index. Gulf Winds offers several Share Certificates with varying terms and a low minimum balance of only $500. Dividends are earned daily and credited and compounded monthly. Early withdrawals are subject to penalty.

Individual Retirement Accounts  (IRAs)
Gulf Winds offers two different ways to invest for your retirement - Share IRA and Certificate of Deposit IRA.
•  The Share IRA has no minimum balance or term requirement.
•  The Certificate of Deposit IRA requires a minimum balance of $500. The interest rate is fixed at purchase and effective until maturity date.

Gulf Winds offers two types of IRAs – Traditional IRA and Roth IRA.Traditional IRAs are the perfect tool to help you prepare for retirement. Choose a Traditional IRA if you want the tax deduction right now. Traditional IRAs also make sense if you anticipate paying taxes at a significantly lower rate in retirement.
•  Available in a savings or certificate account
•  Tax-deductible (consult your tax advisor)
•  Federally insured by the NCUA up to $250,000

Roth IRAs are also great for retirement. Choose a Roth IRA if you don’t need the tax break right now.  It’s a more flexible investment because:
•  You can withdraw regular contributions at any time, tax and
penalty free.
•  You do not have to take mandatory distributions at age 70 ½
•  Available in a savings or certificate account
•  Federally insured by the NCUA up to $250,000






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