Is there a minimum balance requirement for accounts?

Minimum balance requirements at GE Credit Union may vary depending on the specific type of account you are considering. Typically, savings accounts might have a minimum balance to ensure that the account remains active and in good standing. This policy helps to avoid any potential fees associated with low balances. Checking accounts might also have similar requirements, which can vary based on the features and benefits associated with the account type. In addition to minimum balance requirements, it is important to review any associated terms and conditions that might pertain to fees, interest rates, and account maintenance. Certain accounts may offer features that waive minimum balance requirements if specific criteria are met, such as regular direct deposits or maintaining an average balance over a set period. For the most accurate and up-to-date information regarding minimum balance requirements for various accounts, it is advisable to check the current web page of GE Credit Union. There you will find detailed descriptions of account options and their respective requirements.