GPO Federal Credit Union (NY) Adds 14-Month CD Special, 3.00% APY


Deal Summary: 7- and 14-month Share Certificate Specials, 3.00% APY, $1k minimum, new money.

Availability: Residents of seven Mohawk Valley counties in New York.

For a limited time, GPO Federal Credit Union (GPO) has a gift for its members: 3.00% APY on its 7-month and 14-month Share Certificate Specials. Either can be opened with a $1k minimum deposit of new money. While this is promoted as a limited-time offer, CSR stated there is no end-date specified.

As stated in the Truth-in-Savings document, the Early Withdrawal Penalty (EWP) is based on the term length of the Certificate.

Terms of 6 and 12 month – 90 days’ dividends

According to CSR, both the 7- and 14-month Share Certificate Specials have EWPs of 90 days.


Headquartered in New Hartford, in New York’s Mohawk Valley, GPO Federal Credit Union’s field of membership (FOM) has recently expanded, with individuals who live, work, worship, or attend school in the New York counties of Fulton, Hamilton, Herkimer, Madison, Montgomery, Oneida or Otsego now eligible to join. The previous FOM included only Herkimer and Oneida Counties.

Immediate family members of current GPO members are welcome to apply.

Joining GPO Federal Credit Union and/or opening a Share Certificate Special can be done online or at any of seven New York branches located in Barneveld, Dolgeville, Ilion, New Hartford, Oneida, and Utica (2).

Every new GPO ownership begins with a Share Savings Account
(minimum $5 deposit), which is our regular savings account.

GPO participates in both the CO-OP Shared Branch and ATM networks.

Credit Union Overview

GPO Federal Credit Union has an overall health grade of "A" at, with a Texas Ratio of 3.41% (excellent) based on June 30, 2019 data. In the past year, GPO has increased its total non-brokered deposits by $17.12 million, an excellent annual growth rate of 6.93%. Please refer to our financial overview of GPO Federal Credit Union (NCUA Charter # 22931) for more details.

GPO’s history began in 1931 when Utica postal employees recognized they had few banking options.

The Great Depression was paralyzing the country. Banks weren’t always the safest option. So, a group of forward-thinking postal employees got together and started the Utica, NY Postal Credit Union.

While the original FOM included only postal workers based in Utica’s Federal Building, it was constantly changing as more companies began to offer GPO membership to their employees. The Credit Union was re-branded as GPO (Government, Postal, and Occupational) in 1984 to better represent the changing FOM. GOP is currently New York’s 41st largest credit union, with more than 32,000 members and assets in excess of $295 million.

How the Share Certificate Specials Compare

When compared to 228 similar length-of-term CDs tracked by that require a similar minimum deposit and are available within the FOM, GOP Federal Credit Union’s 14-Month Share Certificate Special APY currently ranks first.

When compared to 209 similar length-of-term CDs tracked by that require a similar minimum deposit and are available within the FOM, GOP Federal Credit Union’s 7-Month Share Certificate Special APY currently ranks first.

The above rates are accurate as of 11/27/2019.

To look for the best CD rates, both nationwide and state specific, please refer to our CD Rates Table page.

Related Pages: Utica CD rates, Syracuse CD rates, 1-year CD rates


#1 - This comment has been removed for violating our comment policy.
Anon   |     |   Comment #2
Seems like every time there's a good deal, it's only local.
GPO FCU (NY) Offers 48-Month CD Special
Availability: Residents of Herkimer County and much of Oneida County, New York.

Last week, GPO Federal Credit Union (GPO) introduced two limited-time Share Certificate Specials: 24-month (1.50% APY) and 48-month 2.25% APY). Of the two, the 48-month is the most competitive.

The minimum deposit for either is $1k of new money, with no stated balance cap.

According to CSR, the Early Withdrawal Penalty for the 48-monthe Share Certificate Special is 210 days of interest.


Headquartered in New Hartford, in New York’s Mohawk Valley, GPO Federal Credit...

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