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General Electric Credit Union

COVID-19 Response

Support for Business Members 

We’re here to support our business members impacted by COVID-19.

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General Electric Credit Union COVID-19 Response for Businesses

Payment Protection Program

At this time, we are not accepting new PPP applications. Check back for updates. 

If you need assistance, the most important thing you can do is reach out to us at: 513.588.1699/800.542.7093 x669 or by email: businessservices@gecreditunion.org. We also encourage you to visit the SBA website for additional resources and assistance options.


Business Advantage Money Market* 

Keep your business moving forward and your savings on the right track with our Business Advantage Money Market.  

rates_business_moneymarket table
Deposit AmountRateAPY
$0.01 to $24,999.99.14%.15%
$25,000.00 to $99,999.99.29%.30%
$100,000.00 - $499,999.99.39%.40%
$500,000.00+.39%.40%

Effective 4.9.2021

Account Features:

  • No monthly maintenance fees.
  • Easily link accounts at other financial institutions to transfer funds in.
  • Federally insured by the NCUA to at least $250,000.

To open a Business Advantage Money Market account contact Business Services at: 513.588.1699/800.542.7093 x669 or businessservices@gecreditunion.org

 

*Business Advantage Money Market Account (BAMMA): Annual percentage yield (APY) is accurate as of 4.6.2020. There is no minimum balance requirement to open this account. Funding must be received within 30 calendar days of account opening. Dividends begin to accrue no later than the business day we receive the deposit to your account. To earn dividends, you must have a balance greater than $0. Rates earned are based on balances, calculated daily, and compounded to the account monthly. Dividend rates are based on the account balance and account tier. The tiers are as follows: Tier 1 daily balance of: $0.01 to $24,999.99; Tier 2: $25,000 to $99,999.99; Tier 3: $100,000 to $499,999.99; Tier 4: $500,000 or more. All tiers are subject to variable rate pricing. Under no circumstance will the rate for any tier be less than 0.10%. Fees may reduce earnings. This account is subject to Reg D limitations.   


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