GCU Annuities Issued
Beginning October 1, 2016
New Annuity Accounts
The interest rates for all new GCU Annuity accounts effective October 1, 2016 are as follows
**1+4 Choice will earn 1.25 APY **Triple Advantage account will earn 2%. ***5 Year advantage accounts will earn 2.85% and ****Flex-8 Accounts will earn 3.35%
GCU Option "A" Annuities
Interest rate on **Settlement Option "A" (interest only, minimum deposit $5,000) annuities is 1.00% APY
**NOTE: Deposits are limited to $100,000 in these accounts per year per member.
***NOTE: Deposits are limited to $500,000 in 5 Year Advantage accounts per year per member.
****NOTE: Deposits are limited to $1,000,000 in Flex-8 accounts per year per member.