- Regular and IRA Share
- Savings Club
- HIFI Draft (Checking)
- Money Market
- Share & IRA Certificate Accounts
Credit Union dividends are variable monthly and are paid monthly from the available net income after payment of expenses, required reserve transfers, and the provision for loan losses. For complete details, request a Truth-In-Savings brochure from the Member Service Department. Dividends are compounded daily and credited on the last calendar day of the month. Deposits earn dividends from the date of deposit to the date of withdrawal.
APY = Annual Percentage Yield
Regular & IRA Share
| Regular and IRA Share | Sub-Accounts 000-008 | Nominal | APY |
|---|---|---|---|
| Daily balance below | $500.00 | 0.00% | 0.00% |
| Daily balance at and above | $500.00 | 0.05% | 0.05% |
Savings Club
| Savings Club | Sub-Accounts 009-010 | Nominal | APY |
|---|---|---|---|
| Daily balance below | $25.00 | 0.00% | 0.00% |
| Daily balance at and above | $25.00 | 0.05% | 0.05% |
HiFi Draft (Checking)
| Hifi Draft (Checking) | Sub-Accounts 015-016 | Nominal | APY |
|---|---|---|---|
| Minimum Balance to earn Interest is $100 (Account must maintain this minimum throughout the month to earn interest) | |||
Minimum Balance*| $100.00 | 0.05% | 0.05% |
|
| Dividends are compounded daily and credited monthly. There is no limit on the number of checks drawn against an account each month. * Accounts below the minimum balance are subject to a $2.00 per month maintenance fee. |
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Money Market
| Money Market | Sub-Accounts 091-092 | Nominal | APY |
|---|---|---|---|
| Minimum Balance* | $500.00 | ||
| Daily balance equal to or above | $500.00 | 0.10% | 0.10% |
| * Accounts below the minimum balance are subject to a $5.00 per month maintenance fee. Dividends are compounded daily and credited monthly. There is a limit of 6 withdrawals drawn against the Money Market account each month. Minimum withdrawal is $500. |
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SHARE & IRA CERTIFICATE Accounts
| SHARE & IRA CERTIFICATE Accounts | |||
|---|---|---|---|
| TERM | Nominal Rate | APY | Minimum Balance |
| 3 Months | 1.50% | 1.51% | $500.00 |
| 6 Months | 2.00% | 2.02% | $500.00 |
| 12 Months | 3.50% | 3.56% | $500.00 |
| 24 Months | 3.75% | 3.82% | $500.00 |
| 36 Months | 2.25% | 2.28% | $500.00 |
| 48 Months | 2.50% | 2.53% | $500.00 |
| 60 Months | 2.75% | 2.79% | $500.00 |
| Certificate rates are effective 12/1/2023 All certificate dividends are compounded daily, and the dividends are credited monthly. Rates are subject to change without notice. Early withdrawals are permitted subject to a penalty which may reduce the principal. The feature to add to existing CDs is no longer available. Penalties for Early Termination are 30 days for every 12 month maturity (i.e. 30 day penalty for 3, 6 and 12 month CD’s, 60 days for 24 month CD’s, 90 days for 36 month, 120 days for 48 month and 150 days for 60 month) |
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