Savings Products
We Offer a Variety of Ways to Save to Meet Your Future Goals
IRAs
Club Accounts
Share Certificates
Regular Share/Savings Accounts
Share Draft Checking
Youth Rewards Saving Account
Teen Debit Card
Coverdell Educational Savings Account
General Alarm High-Yield Savings: Answer the Call!
Stop spending and start growing. This account is purpose-built for members who want a secure, high-yield "vault" for their hard-earned savings.
Up to 3.30% APY*
| If your balance is... | You will earn: |
|---|---|
| $5,000 – $50,000 | 3.30% APY (3.25% APR) |
| Under $5,000 | 1.01% APY (1.00% APR) |
Maximum deposit allowed is $50,000.
Why Choose the General Alarm Account?
Maximum Growth: Specifically designed to help you grow—not spend—your savings.
Total Protection: To keep your money safe, these funds are never used for overdraft or NSF protection.
Fully Insured: Your deposits are federally insured by the NCUA up to $250,000.
Personal Service: Enjoy unlimited transfers when processed directly by our credit union staff.
How it Works
"New Money" Only: This special rate applies to funds not currently on deposit with NY Bravest FCU.
7-Day Window: New funds must be deposited or transferred into the account within seven days of the initial deposit.
Hands-On Security: To prevent impulsive spending, online, recurring, and automatic transfers are not available for this account. All transfers are handled through the credit union.
Ready to boost your savings? 📞 Call us at 917-261-5385
Important Account Information
APR = Annual Percentage Rate. *APY = Annual Percentage Yield. APY assumes daily compounding.
Rates are subject to change at any time. “New Money” is defined as funds not currently on
deposit with NY Bravest FCU and must be deposited or transferred into the account within
seven (7) days of deposit. Funds that do not meet the New Money requirement will not earn
the promotional APY. Dividends are calculated using the average daily balance method and
begin to accrue on the business day deposits are received. Fees may reduce earnings.
Terms and conditions apply.
Share / Savings Rates
| Account Type | APR | APY |
|---|---|---|
| Savings | 0.10% | 0.10% |
| IRA | 0.30% | 0.30% |
| Share Certificate Accounts | APR | APY |
|---|---|---|
| Certificate 6 Month* ($500 min.) | 3.75% | 3.82% |
| Certificate 12 Month* ($500 min.) | 3.50% | 3.55% |
| *Early redemption fee applies. | ||
