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 | 0.75% | 0.75% |
| Christmas Club | None | 0.75% | 0.75% |
| HSA | None | 0.10% | 0.10% |
| IRA Savings | None | 4.00% | 4.06% |
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 = 0.25%
$2,500.00-$9,999.99 = 0.45%
$10,000.00-$24,999.99 = 0.55%
$25,000.00-$49,999.99 = 0.65%
$50,000.00 or above = 0.85%
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 12-01-2023*
| Certificate of Deposits (CDs) | Term | Dividend Rate (A.P.R.) | A.P.Y. |
|---|---|---|---|
| Minimum $500 | 90 Days | 4.00% | 4.06% |
| Minimum $5,000 | 90 Days | 4.00% | 4.06% |
| Minimum $50,000 | 90 Days | 4.00% | 4.06% |
| Minimum $100,000 | 90 Days | 4.00% | 4.06% |
| Minimum $500 | 6 Months | 4.43% | 4.51% |
| Minimum $5,000 | 6 Months | 4.43% | 4.51% |
| Minimum $50,000 | 6 Months | 4.43% | 4.51% |
| Minimum $100,000 | 6 Months | 4.43% | 4.51% |
| Minimum $500 | 12 Months (Includes IRA CD) | 6.21% | 6.40% |
| Minimum $5,000 | 12 Months (Includes IRA CD) | 6.21% | 6.40% |
| Minimum $50,000 | 12 Months (Includes IRA CD) | 6.21% | 6.40% |
| Minimum $100,000 | 12 Months (Includes IRA CD) | 6.21% | 6.40% |
| Minimum $500 | 24 Months (Includes IRA CD) | 2.47% | 2.50% |
| Minimum $5,000 | 24 Months (Includes IRA CD) | 2.47% | 2.50% |
| Minimum $50,000 | 24 months (Includes IRA CD) | 2.47% | 2.50% |
| Minimum $100,000 | 24 months (Includes IRA CD) | 2.47% | 2.50% |
| Minimum $500 | 36 Months (Includes IRA CD) | 2.97% | 3.00% |
| Minimum $5,000 | 36 Months (Includes IRA CD) | 2.97% | 3.00% |
| Minimum $50,000 | 36 Months (Includes IRA CD) | 2.97% | 3.00% |
| Minimum $100,000 | 36 Months (Includes IRA CD) | 2.97% | 3.00% |
| Minimum $500 | 48 Months (Includes IRA CD) | 3.21% | 3.25% |
| Minimum $5,000 | 48 Months (Includes IRA CD) | 3.21% | 3.25% |
| Minimum $50,000 | 48 Months (Includes IRA CD) | 3.21% | 3.25% |
| Minimum $100,000 | 48 Months (Includes IRA CD) | 3.21% | 3.25% |
| Minimum $500 | 60 Months (Includes IRA CD) | 2.71% | 2.75% |
| Minimum $5,000 | 60 Months (Includes IRA CD) | 2.71% | 2.75% |
| Minimum $50,000 | 60 Months (Includes IRA CD) | 2.71% | 2.75% |
| Minimum $100,000 | 60 Months (Includes IRA CD) | 2.71% | 2.75% |
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.
