Share Rates

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Share Rates $25 minimum investment

Annual Percentage Yield is accurate as of June 1, 2017. Rates and other terms may change at any time without prior notice. A penalty is imposed for early withdrawal. Fees could reduce earnings on the account.

Account Type

Minimum Opening
Deposit

Minimum Balance
to Earn APY

Limitations*

Dividend Rate

Annual Percentage Yield

*Dividends will be compounded quarterly and will be credited quarterly.

Share Savings

$25.00

Below $100.00

Transfer & Withdrawal*

0%

0%

 

$100.00 - $24,999.99

Transfer & Withdrawal*

0.01%

0.01%

 

$25,000.00 plus

Transfer & Withdrawal*

0.01%

0.01%

Christmas & Vacation Accounts

----------------

$100.00 - $24,999.99

Transfer & Withdrawal*

0.01%

0.01%

   

$25,000.00 plus

Transfer & Withdrawal*

0.01%

0.01%

*Dividends will be compounded daily and will be credited quarterly.

Share Draft/Checking

$50.00

$1000.00 plus

------------------

0.01%

0.01%

Premium Checking

$50.00

Average daily balance of $750.00

------------------

0.01%

0.01%

IRA Savings

$25.00

Below $24,999.99

------------------

0.01%

0.01%

 

Above $25,000.00

------------------

0.01%

0.01%

*Dividends will be compounded monthly and will be credited monthly.

Money Market Savings

$1,000.00

$1,000.00 - $24,999.99

Call Us

0.15%

0.15%

 

 

$25,000.00 plus

Call Us

0.15%

0.15%

Peak Investors

$1,000.00

$100.00 - $24,999.99

Transfer & Withdrawal*

0.01%

0.01%

 

 

$25,000.00 plus

------------------

0.01%

0.01%

Moola Moola
& Tuition Clubs

----------------

Below $24,999.99

Transfer & Withdrawal*

0.05%

0.05%

 

 

$25,000.00 plus

Transfer & Withdrawal*

0.10%

0.10%

Holiday & Vacation Savings Club Accounts

$100.00

$100.00 - $24,999.99

Transfer & Withdrawal*

0.01%

0.01%

 

$25,000.00 plus

Transfer & Withdrawal*

0.01%

0.01%

*For additional information regarding the above accounts, please refer to the Truth-In-Savings.

 

Share & IRA Certificate Rates $1000 minimum investment

Annual Percentage Yield is accurate as of June 1, 2017. Rates and other terms may change at any time without prior notice. *$1000.00 minimum required to open Share or IRA Certificate. After your certificate is opened, the dividend rate is fixed for the term. A penalty is imposed for early withdrawal. Fees could reduce earnings on the account.

  • Dividends will be compounded quarterly and will be credited quarterly.
  • If you close your share account before dividends are paid, you will not receive the accrued dividends.

Terms

Dividend Rate

Annual Percentage Yield

Renewable

6 months

0.25%

0.25%

Automatic

12 months

0.65%

0.65%

Automatic

24 months

0.75%

0.75%

Automatic

36 months

0.75%

0.75%

Automatic

48 months

0.75%

0.75%

Automatic

60 months

0.75%

0.75%

Automatic

IRA - 12 months

0.25%

0.25%

Automatic

IRA - 24 months

0.65%

0.65%

Automatic

IRA - 36 months

0.75%

0.75%

Automatic

IRA - 48 months

0.75%

0.75%

Automatic

IRA - 60 months

0.75%

0.75%

Automatic

*For additional information regarding the above accounts, please refer to the Truth-In-Savings.


Click here for Loan Rates


Truth-In-Savings Fee Schedule

Rate Information. 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. The dividend rates and Annual Percentage Yields are the rates and yields as of the last dividend declaration date which is set forth in the Rate Schedule. For Share Draft/Checking accounts, the Dividend Rate and Annual Percentage Yield may change quarterly as determined by the Credit Union's board of Directors. For Certificate accounts the Dividend Rate and Annual Percentage Yield are fixed and will be in effect for the term of the account. The Annual Percentage Yield is based on an assumption that dividends will remain on deposit until maturity. A withdrawal of dividends will reduce earnings.

Nature of Dividends. Dividends are paid from current income and available earnings after required transfers to reserves at the end of the dividend period.

Dividend Compounding and Crediting. The compounding and crediting of dividends and dividend period applicable to each account are set forth in the Rate Schedule. The Dividend Period is the period of time at the end of which an account earns dividend credit. The Dividend Period begins on the first calendar day of the period and ends on the last calendar day of the period.

Accrual of dividends. For all accounts, dividends will begin to accrue on non-cash deposits (e.g. checks) on the business day you make the deposit to your account. For all accounts, if you close your account before accrued dividends are credited, accrued dividends will not be paid.

Balance Information. The minimum balance requirements applicable to each account are set forth in the Rate Schedule. For ShareDraft/Checking accounts using an Average Daily Balance method, dividends are calculated by applying a periodic rate to the average daily balance in the account for the period. The average daily balance is determined by adding the full amount of principal in the account for each day of the period and dividing that figure by the number of days in the period.

Account Limitations. For Share Savings, Vacation Club, Peak Investors Club, Moola Moola Club, Christmas Club, and First Step Club for Teens accounts, no more than six (6) pre-authorized, automatic, or telephone transfers may be made form these accounts to another account of yours or to a third party in any month, and no more than six (6) transfers may be made by check, draft, or debit card to a third party. If you exceed these limitations your account may be subject to a fee or be closed. For a Holiday Club account, the entire balance will be transferred to your Primary Share Savings account on or after November 1, and the account will remain open. You may be charged a withdrawal fee of $10.00 for each withdrawal from the account. For Share Savings accounts, three (3) withdrawals per quarter are allowed after which a fee will be imposed. For IRA Savings accounts, no account limitations apply. For ShareDraft/Checking accounts, no account limitations apply. For Share and IRA Certificate accounts you are not allowed to make additional deposits and your ability to make withdrawals is limited to dividends earned only.

Additional Disclosures pertaining to Share Certificate accounts: Maturity. Your account will mature as indicated on your Certificate, Account Receipt, or Renewal Notice.

Early Withdrawal Penalty. We may impose a penalty if you withdraw any of the principal before the maturity date. For all accounts, the amount of the early withdrawal penalty for your accounts is all dividends earned. The penalty is a forfeiture of all dividends that have been earned on the account. If the dividends have already been paid, the penalty will be deducted from the principal.

Exceptions to Early Withdrawal Penalties. At our option, we may pay the account before maturity without imposing an early withdrawal penalty under the following circumstances:

Renewal Policy. The renewal policy for your accounts is indicated in the Rate Schedule. For IRA and Share Certificate accounts, your account will automatically renew for another term upon maturity. For IRA and Share Certificate accounts, you have a grace period of seven (7) days after maturity in which to withdraw funds in the accounts without being charged an early withdrawal penalty. Dividends will be paid at maturity and the balance transferred to your Primary Share Savings account.

Nontransferable/Nonnegotiable. Your account is nontransferable and nonnegotiable The funds in your account may not be pledged to secure any obligation of an owner, except obligations with the Credit Union. The rates and fees appearing in this Schedule are accurate and effective for accounts as of the Last Dividend Declaration Date indicated on this Rate and Fee Schedule. If you have any questions or require current rate and fee information on your accounts, please call the Credit Union at
1-800-876-8887.