Shares
Share Rates
Regular Savings (Share) Accounts Rates as of: May 1st, 2018
| Balance |
Dividend Rate |
APY* |
| $50.00 |
0.15% |
0.15% |
A balance of at least one share ($5) is required to establish and maintain membership. The balance in your Membership Savings Account must not be reduced below the value of one share ($5) at any given time.
Checking
Checking Account Rates
Checking Accounts Rates as of: May 1st, 2018
| Balance |
Dividend Rate |
APY* |
| $0.00 |
0.00% |
0.00% |
Money Market
Money Market Savings Account Rates
Money Market Savings Account Rates as of: January 1st, 2023
| Balance |
Dividend Rate |
APY* |
| $50 – $2,499 |
0.0% |
0.00% |
| $2,500 – $9,999 |
0.70% |
0.70% |
| $10,000 – $24,999 |
0.75% |
0.75% |
| $25,000 – $49,999 |
0.80% |
0.80% |
| $50,000 or greater |
0.85% |
0.85% |
| The money market savings account is a tiered account. Once a particular range is met the dividend rate and annual percentage yield for that balance range will apply to the full balance of your account. |
Class A Money Market
Class A Money Market Savings Rates
Class A Money Market Savings Account Rates as of: January 1st, 2023
| Balance |
Dividend Rate |
APY* |
| $2,500 – $9,999 |
0.75% |
0.75% |
| $10,000 – $24,999 |
0.80% |
0.80% |
| $25,000 – $49,999 |
0.85% |
0.85% |
| $50,000 – $99,999 |
0.90% |
0.90% |
| $100,000 – $249,999 |
0.90% |
0.90% |
| $250,000 or greater |
0.90% |
0.90% |
| Account Limitations of 6 withdrawals per month apply. On the 7th and 8th withdrawal, a fee of $5.00 per withdrawal applies. On the 9th withdrawal the account will be closed and the funds will be transferred to your share 01 (savings) account.
if the account is closed due to exceeding limitations two (2) times, you may not be able to reopen a Class A – Money Market Savings account for 4 months. |
Money Market Checking
Money Market Checking
Money Market Checking Rates as of: January 1st, 2018
| Balance |
Dividend Rate |
APY* |
| $10,000 or greater |
0.10% |
0.10% |
| The money market checking account is a tiered account. Once the range is met the dividend rate and annual percentage yield for that balance range will apply to the full balance of your account. |
Share Certificates
Share Certificates
Share Certificates Rates as of: January 1st, 2023
| Term DISCLOSURE |
Minimum Balance |
Deluxe Dividend Rate1 |
APY*
|
| 7 Months |
$1,000 |
2.80% |
2.83% |
| 12 Months |
$1,000 |
4.40% |
4.49% |
| 18 Months |
$1,000 |
3.18% |
3.23% |
| 24 Months |
$1,000 |
3.40% |
3.45% |
| 30 Months |
$1,000 |
3.40% |
3.45% |
| 36 Months |
$1,000 |
3.50% |
3.55% |
| 48 Months |
$1,000 |
3.60% |
3.66% |
| 60 Months |
$1,000 |
3.70% |
3.76% |
IRAs
Individual Retirement Accounts (IRA)
Individual Retirement Accounts (IRA) Rates as of: January 1st, 2023 DISCLOSURE
| Type |
Minimum Balance |
Deluxe Dividend Rate1 |
APY*
|
| IRA Share |
$1,000 |
0.25% |
0.25% |
| 7 Month IRA Share Certificate |
$1,000 |
2.80% |
2.83% |
| 18 Month IRA Share Certificate |
$1,000 |
3.18% |
3.23% |
| 30 Month IRA Share Certificate |
$1,000 |
3.40% |
3.45% |
| 60 Month IRA Share Certificate |
$1,000 |
3.70% |
3.76% |
* APY – Annual Percentage Yield. The annual percentage yield is a percentage rate that reflects the total amount of dividends to be paid on an account based on the dividend rate and frequency of compounding for an annual period. For all accounts, the dividend rate and annual percentage yield may change at any time as determined by the Credit Union’s Board of Directors. Fees may reduce earnings.
1 Deluxe Dividend Rate includes an additional 0.25% for members who meet the requirements of a Deluxe Relationship. Deluxe Relationship Requirements – Household balance of $15,000 or more (total deposit or total loan balance)
