About Greenstate credit union
GreenState Credit Union: A Trusted Financial Partner for Iowans and Beyond
GreenState Credit Union is a not-for-profit financial cooperative that has been serving the people of Iowa since 1938. With over 235,000 members and $5 billion in assets, GreenState is one of the largest credit unions in the Midwest. The credit union's mission is to provide its members with affordable financial services while promoting thrift, financial education, and community involvement.
Membership Eligibility
One of the unique features of GreenState Credit Union is its membership eligibility. Unlike traditional banks that serve only a specific geographic area or customer base, GreenState membership is open to anyone living or working in Iowa or nearby counties in Illinois, Wisconsin, Nebraska or South Dakota. This means that even if you don't live in Iowa but work there or have family ties to the state, you can still become a member and enjoy all the benefits that come with it.
Products and Services
GreenState offers a wide range of products and services designed to meet the diverse needs of its members. These include checking accounts, savings accounts, loans (auto loans, personal loans), mortgages (fixed-rate mortgages), credit cards (Visa Platinum Rewards Card), investment services (IRAs), insurance products (life insurance) as well as online banking tools such as mobile banking app.
Checking Accounts: Greenstate offers three types of checking accounts - Free Checking Account which has no monthly fees; Interest Checking Account which earns interest on balances above $1; Premier Checking Account which earns higher interest rates on balances above $10k.
Savings Accounts: The credit union offers Regular Savings Account which requires only $5 minimum balance; Money Market Savings Account which earns higher interest rates than regular savings account; Youth Savings Account for children under age 18.
Loans: Members can apply for auto loans at competitive rates starting from 2.99% APR with flexible repayment terms up to 84 months. Personal Loans are also available at low-interest rates starting from 7.99% APR with loan amounts up to $50k.
Mortgages: Fixed-rate mortgages are available at competitive rates starting from just 2.75% APR for terms ranging from 10-30 years depending on your preference.
Credit Cards: Visa Platinum Rewards Card comes with no annual fee and rewards points on every purchase made using this card redeemable towards travel expenses like flights/hotels/car rentals etc., merchandise like electronics/clothing/accessories etc., gift cards/cashback options etc..
Investment Services: Members can invest their money into IRAs offered by Greenstate Credit Union where they can earn tax-deferred growth until retirement age while enjoying potential tax benefits today!
Insurance Products: Life Insurance policies are available through TruStage Insurance Agency where members can get coverage up to $500k without any medical exam required!
Online Banking Tools:
Members have access to online banking tools such as mobile banking app where they can check their account balances/transactions/pay bills/transfer funds between accounts/view e-statements etc.. They also have access to free online budgeting tool called "MoneyDesktop" which helps them track their spending habits/saving goals/debt reduction strategies etc..
Community Involvement
At GreenState Credit Union community involvement isn't just an afterthought - it's part of their DNA! The credit union believes strongly in giving back to local communities through charitable donations/volunteer work/sponsorship opportunities etc.. They support various organizations such as United Way/Iowa City Hospice/Food Bank/Literacy Programs/Schools/Youth Sports Teams etc.. In addition they offer scholarships/grants/fellowships programs aimed at helping students achieve their academic goals regardless of financial background!
Conclusion
In conclusion we highly recommend joining Greenstate Credit Union if you're looking for a trusted partner who will help you achieve your financial goals while giving back generously towards local communities! With over eight decades worth experience serving Iowans & beyond coupled with wide range products/services designed specifically around member needs there's no better time than now join this amazing institution!