GCU
Annuities Issued Beginning
April 1, 2008 to June 30, 2008
New Annuity
Accounts
The
interest rates for all new GCU Annuity accounts effective April
1, 2008 are as follows. Regular Flexible Annuities will earn
4.25% APY. Flex-10 accounts will
earn 5.10% APY. New! Triple Advantage
(3 Year Single Premium Deferred Annuity) will earn 4.75% APY
and 5 Year Advantage will earn 4.90% APY.
Existing Annuity Accounts
Existing
annuities will earn interest at the following rates. Regular
Flexible Accounts will earn 4.25% APY. Flex-5 accounts will earn
4.75% APY and Flex-10 accounts will earn 4.90% APY.
All
annuities that were converted to Flex-10 accounts during our
Loyalty Conversion Program will earn 5.25% APY. Their rate will
remain at 5.25% APY guaranteed for the first two contract years.
GCU Option “A” Annuities
Annual
interest rates on Settlement Option “A” (interest
only, minimum deposit $5000) annuities is 4.00% APY.
Annuity Settlements and Security
Life
Annuity
settlements will include interest at 5.00% APY. Security Life
plans (our universal life product) will earn 4.75% APY.
Remember: No
roller coaster rides here. At the GCU your money
grows everyday!
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