Deposit Account Rates
Deposit Account Rates
Rates are effective as of November 1, 2009 |
| Account Type |
Dividend Rate* |
APY** |
| Share Savings1 |
1.00% |
1.00% |
| All Purpose Account |
1.00% |
1.00% |
| Holiday Club Account |
1.00% |
1.00% |
| Windfall Checking®2 |
2.96% |
3.00% |
Advantage Share Draft
Checking Account3 |
0.75% |
0.75% |
| IRA Savings Account |
1.85% |
1.87% |
1$5.00 minimum balance required to obtain the advertised APY.
2Paid on any day on balances up to and including $25,000, provided criteria outlined in the Member Services Guide are met.
3$4,000 minimum balance required to obtain the advertised APY. Below minimum balance fees could reduce
the earnings of the account.
Money Market Account Rates4
Rates are effective as of November 1, 2009 |
| Account Balance |
Dividend Rate* |
APY** |
| $2,500 to $4,999 |
1.00% |
1.00% |
| $5,000 to $14,999 |
1.05% |
1.06% |
| $15,000 to $24,999 |
1.14% |
1.15% |
| $25,000 to $49,999 |
1.24% |
1.25% |
| $50,000 to $99,999 |
1.39% |
1.40% |
| $100,000 to $249,999 |
1.54% |
1.55% |
| $250,000 and over |
1.79% |
1.80% |
4The dividend rate on Money Market Accounts is paid on the entire balance in the
account as of the close of business that day. Money Market Accounts do not earn a dividend any day the balance
falls below $2,500 as of end of business that day. The minimum deposit or withdrawal is $250, unless done by
allocation. Dividends are paid monthly.
Share and IRA Certificate Account Rates
$1,000 minimum deposit
Rates are effective as of 5:00 p.m. (ET) Thursday, November 19, 2009 |
| Certificate Term5 |
Dividend Rate* |
APY** |
| 3 months |
1.29% |
1.30% |
| 6 months |
1.59% |
1.60% |
| 12 months6 |
1.75% |
1.75% |
| 18 months |
1.90% |
1.90% |
| 24 months |
2.10% |
2.10% |
| 36 months |
2.40% |
2.40% |
| 48 months |
2.60% |
2.60% |
| 60 months |
2.80% |
2.80% |
5Early withdrawal penalties on certificates may apply.
6The 12-Month Certificate is our "Step-up" Certificate, allowing you the option
of stepping up to a higher rate one time during the 12-month term should the APY increase during the term.
Jumbo Share and IRA Certificate Account Rates
$100,000 minimum deposit
Rates are effective as of 5:00 p.m. (ET) Thursday, November 19, 2009 |
| Certificate Term5 |
Dividend Rate* |
APY** |
| 3 months |
1.39% |
1.40% |
| 6 months |
1.69% |
1.70% |
| 12 months6 |
1.85% |
1.85% |
| 18 months |
2.00% |
2.00% |
| 24 months |
2.20% |
2.20% |
| 36 months |
2.50% |
2.50% |
| 48 months |
2.70% |
2.70% |
| 60 months |
2.95% |
2.95% |
5Early withdrawal penalties on certificates may apply.
6The 12-Month Certificate is our "Step-up" Certificate, allowing you the option
of stepping up to a higher rate one time during the 12-month term should the APY increase during the term.
*Deposit Accounts are variable rate accounts. As such, the Credit Union reserves the right to
change the rates at any time and at its sole discretion.
Fees could reduce earnings on accounts.
**APY = Annual Percentage Yield. The APY for Share Savings and 3-, 6-, and 12-Month Share Certificate
Accounts assumes that dividends will remain on deposit until maturity. Withdrawal of dividends paid will reduce the
actual earnings. Dividends for 18-, 24-, 36-, 48-, and 60-Month Share Certificates cannot remain on account and monthly
payout of dividends is mandatory. Dividends are paid from current income and available earnings, after required transfers
to reserves at the end of a dividend period.
