What are the current interest rates at Great Lakes Credit Union?

Current rates for Great Lakes Credit Union include: 12-Month CD: 0.15%, MMA: 5.00%

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Great Lakes Credit Union

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Great Lakes Credit Union Rates & Review October 2026

Q: How many branches does Great Lakes Credit Union operate?

Great Lakes Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Q: Is a member application needed to join Great Lakes Credit Union?

Yes, to access services at Great Lakes Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, Great Lakes Credit Union provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: October 9, 2026

Great Lakes Credit Union's top rates as of October 9, 2026 are 4.25% APY on its PROMO 100 Day CD, 5.00% APY on money market accounts, 5.00% APY on checking, and auto loans from 3.99% APR, according to rates verified by MonitorBankRates. Other Great Lakes Credit Union CD rates include PROMO 7 mo CD at 3.85%, CD 5 yr (Incl. IRA) at 1.25%, and CD 4 yr (Incl. IRA) at 1.15%. MonitorBankRates evaluates the financial stability of Great Lakes Credit Union with a 5.0 Star Rating, an A Overall Health Grade, and a Texas Ratio of 9.76%. Rates last updated and verified on 10/09/2026.

Great Lakes Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Great Lakes Credit Union? Share your experience about Great Lakes Credit Union by leaving a review below, or read customer reviews before you decide to use Great Lakes Credit Union.

Verified Healthy Q2 2026 Use This Badge on Your Credit Union Website

Overall Health & Safety Grade

Excellent Health Score: 95/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

9.76%

Excellent Higher than avg

Health Trend

Steady 12 quarters

Full history ›

Great Lakes Credit Union
GLCU Headquarters

2111 Waukegan Rd
Bannockburn, IL 60015

https://www.glcu.org

Customer Reviews

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Financial health data as of Q2 2026 (NCUA 5300 call report for the quarter ended June 30, 2026). This is the most recent call report available. The NCUA publishes credit union call reports about ten weeks after each quarter ends.

Great Lakes Credit Union CD Rates

Product	Rate	APY	Term
PROMO 100 Day Share Certificate	4.169%	4.25%	100 Day
Min Deposit $1,000 Last Updated 10/09/2026 Rate History No change since Sep 14, 2026 · 4.25% APY · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.76%
PROMO 7 mo Share Certificate	3.784%	3.85%	7 months
Min Deposit $1,000 Last Updated 10/09/2026 Rate History No change since Sep 14, 2026 · 3.85% APY · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.76%
Share Certificate 5 yr (Incl. IRA)	1.243%	1.25%	5 years
Min Deposit $1,000 Last Updated 10/09/2026 Rate History No change since Sep 14, 2026 · 1.25% APY · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.76%
Share Certificate 4 yr (Incl. IRA)	1.144%	1.15%	4 years
Min Deposit $1,000 Last Updated 10/09/2026 Rate History No change since Sep 14, 2026 · 1.15% APY · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.76%
Share Certificate 3 yr (Incl. IRA)	1.094%	1.10%	3 years
Min Deposit $1,000 Last Updated 10/09/2026 Rate History No change since Sep 14, 2026 · 1.10% APY · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.76%
Share Certificate 2 yr (Incl. IRA)	0.896%	0.90%	2 years
Min Deposit $1,000 Last Updated 10/09/2026 Rate History No change since Sep 14, 2026 · 0.90% APY · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.76%
Share Certificate 1 yr (Incl. IRA)	0.847%	0.85%	1 years
Min Deposit $1,000 Last Updated 10/09/2026 Rate History No change since Sep 14, 2026 · 0.85% APY · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.76%
6 mo Share Certificate	0.598%	0.60%	6 months
Min Deposit $1,000 Last Updated 10/09/2026 Rate History No change since Sep 14, 2026 · 0.60% APY · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.76%
3 mo Share Certificate	0.349%	0.35%	3 months
Min Deposit $1,000 Last Updated 10/09/2026 Rate History No change since Sep 14, 2026 · 0.35% APY · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.76%
1 years Save to Win 1yr	0.15%	0.15%	1 years
Min Deposit $25 Last Updated 10/09/2026 Rate History No change since Oct 9, 2026 · 0.15% APY · checked 3 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.76%

Great Lakes Credit Union Money Market Rates

Product	Rate	APY
Money Market Account	-	5.00%
Min Deposit $2,500 Min Balance $0 Details Qualifications Required: 40 or more transactions per month; enrolled in e-statements; Tier 3: Accounts with 40 or more transactions per month and e-statements will earn 5.00% APY on balances from $0-$10,000. Balances $10,001 and above will earn .05% APY. Last Updated 10/09/2026 Rate History No change since Sep 18, 2026 · 5.00% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.76%
Money Market Account	-	2.75%
Min Deposit $2,500 Min Balance $0 Details Qualifications Required: 20-39 debit card transactions per month; enrolled in e-statements; Tier 2: Accounts with 20-39 debit card transactions per month and enrolled in e-statements will earn 2.75% APY on balances from $0-$10,000. Balances $10,001 and above will earn .05% APY. Last Updated 10/09/2026 Rate History No change since Sep 18, 2026 · 2.75% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.76%
Money Market Accounts	0.499%	0.50%
Min Balance $1,000,000 Details Balance: Tier 1 $1,000,000 + Last Updated 10/09/2026 Rate History No change since Sep 14, 2026 · 0.50% APY · checked 4 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.76%
Money Market Accounts	0.399%	0.40%
Min Balance $500,000 Details Balance: Tier 1 $500,000 - $999,999 Last Updated 10/09/2026 Rate History No change since Sep 14, 2026 · 0.40% APY · checked 4 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.76%
Money Market Accounts	0.20%	0.20%
Min Balance $100,000 Details Balance: Tier 1 $100,000 - $499,999 Last Updated 10/09/2026 Rate History No change since Sep 14, 2026 · 0.20% APY · checked 4 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.76%
Money Market Accounts	0.15%	0.15%
Min Balance $50,000 Details Balance: Tier 1 $50,000 - $74,999 Last Updated 10/09/2026 Rate History No change since Oct 9, 2026 · 0.15% APY · checked 3 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.76%
Money Market Accounts	0.15%	0.15%
Min Balance $75,000 Details Balance: Tier 1 $75,000 - $99,999 Last Updated 10/09/2026 Rate History No change since Oct 9, 2026 · 0.15% APY · checked 3 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.76%
Money Market Accounts	0.10%	0.10%
Min Balance $10,000 Details Balance: Tier 1 $10,000 - $24,999 Last Updated 10/09/2026 Rate History No change since Oct 9, 2026 · 0.10% APY · checked 3 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.76%
Money Market Accounts	0.10%	0.10%
Min Balance $25,000 Details Balance: Tier 1 $25,000 - $49,999 Last Updated 10/09/2026 Rate History No change since Oct 9, 2026 · 0.10% APY · checked 3 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.76%
Money Market Accounts	0.05%	0.05%
Min Balance $2,500 Details Balance: Tier 1 $2,500 - $9,999 Last Updated 10/09/2026 Rate History No change since Sep 14, 2026 · 0.05% APY · checked 4 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.76%

Great Lakes Credit Union Business Money Market Rates

Product	Rate	APY
Business Money Market Account	-	2.05%
Min Balance $100,000 Details Balance: $100,000.00+ Last Updated 10/09/2026 Rate History No change since Sep 18, 2026 · 2.05% APY · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.76%
Business Money Market Account	-	1.50%
Min Balance $25,000 Details Balance: $25,000 - $99,999 Last Updated 10/09/2026 Rate History No change since Sep 14, 2026 · 1.50% APY · checked 7 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.76%
Business Money Market Account	-	0.75%
Min Balance $10,000 Details Balance: $10,000 - $24,999 Last Updated 10/09/2026 Rate History No change since Sep 14, 2026 · 0.75% APY · checked 7 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.76%
Business Money Market Account	-	0.25%
Min Balance $2,500 Details Balance: $2,500 min to earn - $9,999 Last Updated 10/09/2026 Rate History No change since Sep 14, 2026 · 0.25% APY · checked 7 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.76%

Great Lakes Credit Union Checking Rates

Product	Rate	APY
Free Checking	-	5.00%
Min Balance $10,000 Details Qualifications Required: Debit Card; Earn a competitive APY* on balances up to $10,000. Boost your rate when you add a money market account. Last Updated 10/09/2026 Rate History No change since Sep 18, 2026 · 5.00% APY · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.76%
Free Checking Account + Money Market Additional APY Tiers	-	1.00%
Details Qualifications Required: 40 or more debit card transactions; Earn an additional 1.00% APY on an accompanying Money Market account with 40 or more debit card transactions. Last Updated 10/09/2026 Rate History No change since Oct 9, 2026 · 1.00% APY · checked 3 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.76%
Free Checking Account + Money Market Additional APY Tiers	-	0.50%
Details Qualifications Required: 20-39 monthly debit card transactions; Earn an additional 0.50% APY on an accompanying Money Market account with 20-39 monthly debit card transactions Last Updated 10/09/2026 Rate History No change since Oct 9, 2026 · 0.50% APY · checked 3 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.76%

Great Lakes Credit Union Home Equity & HELOC

Product	Rate	Points	APR	Term	View More
Home Equity Loans	-	-	8.00%
No additional details. Last Updated 10/09/2026 Rate History 1 change since Sep 14, 2026 · 7.75% → 8.00% ▲ 0.25 pts · high 8.00% / low 7.75% Sep 18, 20268.00%▲ from 7.75% Sep 14, 20267.75%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.76%

Great Lakes Credit Union Auto Loan Rates

Product	Rate	Points	APR	Term
New & Previous Model Year (2025 & 2026) Auto Loan	-	-	3.99%	63 or Less months
Details As Low As; Vehicle Type Last Updated 10/09/2026 Rate History No change since Sep 18, 2026 · 3.99% APR · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.76%
Used (2016 - 2024) Auto Loan	-	-	3.99%	63 or Less months
Details As Low As; Vehicle Type Last Updated 10/09/2026 Rate History No change since Sep 18, 2026 · 3.99% APR · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.76%
New & Previous Model Year (2025 & 2026) Auto Loan	-	-	4.24%	64-75 months
Details As Low As; Vehicle Type Last Updated 10/09/2026 Rate History No change since Sep 18, 2026 · 4.24% APR · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.76%
Used (2016 - 2024) Auto Loan	-	-	4.24%	64-75 months
Details As Low As; Vehicle Type Last Updated 10/09/2026 Rate History No change since Sep 18, 2026 · 4.24% APR · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.76%
New & Previous Model Year (2025 & 2026) Auto Loan	-	-	4.74%	76-84 months
Details As Low As; Vehicle Type Last Updated 10/09/2026 Rate History No change since Sep 18, 2026 · 4.74% APR · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.76%
Used (2016 - 2024) Auto Loan	-	-	4.74%	76-84 months
Details As Low As; Vehicle Type Last Updated 10/09/2026 Rate History No change since Sep 18, 2026 · 4.74% APR · checked 6 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.76%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution's data from MonitorBankRates.com, please contact us here.

Financial Health History

Great Lakes Credit Union’s Texas Ratio rose from 1.96% in Q3 2023 to 9.76% in Q2 2026, so its financial health has held steady at a healthy level over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0 and its Health Grade from A+ to A. Lower Texas Ratios are healthier; the green zone below the amber 15% line is where a credit union must stay to qualify for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

Swipe the chart sideways to see every quarter.

Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade15% Verified Healthy limit (green zone below = healthy)

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures

Quarter	Total assets	Texas Ratio	Star Rating	Health Grade
June 30, 2026	$1.4B	9.76%	5.0	A
March 31, 2026	$1.4B	6.33%	5.0	A
December 31, 2025	$1.4B	11.61%	5.0	A
September 30, 2025	$1.4B	9.19%	5.0	A
June 30, 2025	$1.5B	9.63%	5.0	A
March 31, 2025	$1.5B	7.85%	5.0	A
December 31, 2024	$1.5B	9.61%	5.0	A
September 30, 2024	$1.5B	7.97%	5.0	A
June 30, 2024	$1.6B	4.91%	5.0	A+
March 31, 2024	$1.4B	2.65%	5.0	A+
December 31, 2023	$1.3B	3.11%	5.0	A+
September 30, 2023	$1.3B	1.96%	5.0	A+

Source: NCUA 5300 call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating

Our rating for Great Lakes Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.

Texas Ratio

We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation

We gather Great Lakes Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Great Lakes Credit Union's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name Great Lakes Credit Union

Website https://www.glcu.org

Address 2111 Waukegan Rd, Bannockburn, IL 60015

Phone 847-578-7000

Fax

President Patrice Price

CEO Steven Bugg

Full-Time Employees 245

Part-Time Employees 11

Branch Locations 20

ATM Locations 20

NCUA Insured ✓ Yes, up to $250,000 per depositor

Financials

MonitorBankRates Star Rating

5.0 / 5.0 ★

Overall Health & Safety Grade

A (95/100)

Texas Ratio

9.76%

Return on Assets (ROA)

0.1906%

Return on Equity (ROE)

2.1018%

Non-Performing Loans Ratio (NPL)

1.26%

Total Assets

1,432,043,991

Total Amount of Shares and Deposits

1,207,394,615

Total Shares and Deposits < 1 Year

1,166,735,692

Total Shares and Deposits 1 3 Years

38,122,451

Total Shares and Deposits > 3 Years

2,536,470

Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)

116,196,786

Total Uninsured Shares and Deposits > $250K (F+J)

116,196,786

Total Insured Shares and Deposits > $250K (item 17 less item K)

1,091,197,829

Total Interest Expense (Sum of items 6 8)

13,975,143

Share Certificates

10,529

Number of Accounts for Share Drafts

47,278

IRA KEOGH Accounts

2,221

Number of Accounts for Regular Shares

118,440

All other shares

259

Non Member Deposits

1,263

Money Market Shares

4,303

Net Income (unless the amount is already included in Undivided Earnings)

2,729,309

Net Worth Classification if credit union is not new (Based upon Call Report data only See instructions)

Well Capitalized

Net Worth Classification if credit union is a new credit union

Well Capitalized

Total Cash on Deposit (Amounts Deposited in Financial Institutions)

90,524,828

Total Liabilities

1,321,248,361

Source: NCUA — Last Updated 06/30/2026

Q2 2026 MBR Health & Safety Badge

Great Lakes Credit Union earned the Verified Healthy badge

Display this badge on your website to show visitors your Q2 2026 MonitorBankRates recognition. The badge links back to this profile page for independent verification.

Copy the HTML below and paste it into your website where you’d like the badge to appear. The badge image is hosted on MonitorBankRates, so there is no need to download or upload anything. Badges are re-tested every quarter; when a new quarter is published, come back to this page for the updated code.

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Learn more about the MBR Health & Safety Badge program on our methodology page.

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Frequently Asked Questions About Great Lakes Credit Union

How many branches does Great Lakes Credit Union operate?

Great Lakes Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is a member application needed to join Great Lakes Credit Union?

Yes, to access services at Great Lakes Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Is there a first-time homebuyer program?

Currently, Great Lakes Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Great Lakes Credit Union provides members with tools to manage their accounts and build a solid financial history.

Does Great Lakes Credit Union offer online and mobile banking?

Most modern institutions like Great Lakes Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.glcu.org.