Investment Rates

APR = 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 0.35% 0.35%
Christmas Club None 0.35% 0.35%
HSA None 0.10% 0.10%
IRA Savings None 4.50% 4.58%

 

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 0.02% 0.02%
Tier 3 $10,000–$24,999 0.10% 0.10%
Tier 4 $25,000 or more 0.10% 0.10%

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.


Money Market Accounts

$100.00-$2,499.00 = 0.10%

$2,500.00-$9,999.99 = 0.20%

$10,000.00-$24,999.99 = 0.30%

$25,000.00-$49,999.99 = 0.40%

$50,000.00 or above = 0.50%

The rate is established monthly, on the 1st of each month. 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. There is no monthly service charge if a daily minimum balance of $2,500 is maintained; otherwise the monthly fee is $15.00.


Certificate of Deposits & IRA Certificate of Deposits

*RATES/YIELDS ON THIS PAGE ARE EFFECTIVE 06-01-2024*

 

Certificate of Deposits (CDs) Term Dividend Rate (A.P.R.) A.P.Y.
Minimum $500 90 Days 2.86% 2.90%
Minimum $5,000 90 Days 2.86% 2.90%
Minimum $50,000 90 Days 2.86% 2.90%
Minimum $100,000 90 Days 2.86% 2.90%
Minimum $500 6 Months 3.95% 4.03%
Minimum $5,000 6 Months 3.95% 4.03%
Minimum $50,000 6 Months 3.95% 4.03%
Minimum $100,000 6 Months 3.95% 4.03%
Minimum $500 12 Months (Includes IRA CD) 4.625% 4.73%
Minimum $5,000 12 Months (Includes IRA CD) 4.625% 4.73%
Minimum $50,000 12 Months (Includes IRA CD) 4.625% 4.73%
Minimum $100,000 12 Months (Includes IRA CD) 4.625% 4.73%
Minimum $500 24 Months (Includes IRA CD) 2.72% 2.76%
Minimum $5,000 24 Months (Includes IRA CD) 2.72% 2.76%
Minimum $50,000 24 months (Includes IRA CD) 2.72% 2.76%
Minimum $100,000 24 months (Includes IRA CD) 2.72% 2.76%
Minimum $500 36 Months (Includes IRA CD) 2.96% 3.00%
Minimum $5,000 36 Months (Includes IRA CD) 2.96% 3.00%
Minimum $50,000 36 Months (Includes IRA CD) 2.96% 3.00%
Minimum $100,000 36 Months (Includes IRA CD) 2.96% 3.00%
Minimum $500 48 Months (Includes IRA CD) 3.20% 3.25%
Minimum $5,000 48 Months (Includes IRA CD) 3.20% 3.25%
Minimum $50,000 48 Months (Includes IRA CD) 3.20% 3.25%
Minimum $100,000 48 Months (Includes IRA CD) 3.20% 3.25%
Minimum $500 60 Months (Includes IRA CD) 3.00% 3.05%
Minimum $5,000 60 Months (Includes IRA CD) 3.00% 3.05%
Minimum $50,000 60 Months (Includes IRA CD) 3.00% 3.05%
Minimum $100,000 60 Months (Includes IRA CD) 3.00% 3.05%

CDs accrue daily and are paid quarterly.
NOTE: Certificates will be subject to a substantial penalty for early withdrawal.

DID YOU KNOW THAT OCCU MEMBERS CAN OPEN THEIR OWN CD USING THE OcalaCCU App?

Members are able to use OcalaCCU App to purchase their own CD’s and pick their rates & terms from the options there. Your branch is in the palm of your hand – no need to drive in, nor call in. Just use OcalaCCU App for all your financial needs.

 

It’s OCCU Wherever You Go!

Important: As notified in your eblast, statements, & newsletter, Our Loan Department will be on hold June 19th - July 5th, 2024. Please Plan Accordingly! For Credit Card Issues - Call phone numbers list below on this front page.