Annual Percentage Rate And APY = Annual Percentage Yield
Savings Accounts
| Type of Account | Term | Dividend Rate (A.P.R.) | A.P.Y. |
|---|---|---|---|
| Savings Account | None | 0.20% | 0.20% |
| Christmas Club | None | 0.20% | 0.20% |
| HSA | None | 0.20% | 0.20% |
| IRA Savings | None | 0.25% | 0.25% |
Checking Accounts
| Account | Required Balance | Dividend Rate (A.P.R.) | A.P.Y. |
|---|---|---|---|
| Economy Free Pension Plus Checking |
$0 | 0.00% | 0.00% |
| Premium Checking | |||
| Tier 1 | $0–$2,499 | 0.00% | 0.00% |
| Tier 2 | $2500–$9,999 | 0.15% | 0.15% |
| Tier 3 | $10,000–$24,999 | 0.20% | 0.20% |
| Tier 4 | $25,000 or more | 0.25% | 0.25% |
This is an interest bearing account with dividends that accrue daily and pay monthly on the last day of each month. There is no monthly service charge if a daily minimum balance of $1000 is maintained; otherwise the monthly fee is $15.00. Overdraft protection via a Line of Credit, NO overdraft from savings is offered on this account.
Money Market Accounts
$0.00-$2,499.00 = 0.00%
$2,500.00-$9,999.99 = 0.15%
$10,000.00-$24,999.99 = 0.20%
$25,000.00-$49,999.99 = 0.30%
$50,000.00 or above = 0.40%
The rate is established monthly, on the 1st of each month. Minimum balance of $2500 is required, unlimited personal withdrawals, and a limit of six (6) telephone or Internet transfers per month, minimum transfer $500. No more than (3) transfers may be made by check.
Certificate of Deposits & IRA Certificate of Deposits
| Certificate of Deposits (CDs) | Term | Dividend Rate (A.P.R.) | A.P.Y. |
|---|---|---|---|
| Minimum $500 | 90 Days | 0.30% | 0.30% |
| Minimum $500 | 6 Months | 0.35% | 0.35% |
| Minimum $500 | 12 Months | 0.50% | 0.50% |
| Minimum $500 | 12 Months IRA CD | 0.50% | 0.50% |
| Minimum $500 | 24 Months | 0.80% | 0.80% |
| Minimum $500 | 24 Months IRA CD | 0.80% | 0.80% |
| Minimum $50,000 | 24 Months | 0.80% | 0.80% |
| Minimum $50,000 | 24 Months IRA CD | 0.80% | 0.80% |
| Minimum $500 | 36 Months | 1.00% | 1.00% |
| Minimum $500 | 36 Months IRA CD | 1.00% | 1.00% |
| Minimum $500 | 48 Months | 1.10% | 1.10% |
| Minimum $500 | 48 Months IRA CD | 1.10% | 1.10% |
| Minimum $500 | 60 Months | 1.44% | 1.45% | Minimum $500 | 60 Months IRA CD | 1.44% | 1.45% |
NOTE: Certificates will be subject to a substantial penalty for early withdrawal.
Members should call the credit union to verify rates.
