Certificate (Savings and IRA)

Certificates & IRAs

These certificate, money market and IRA investment account rates are effective as of 03/18/2020.

TermDividend RateAnnual Percentage Yield
6 Month0.49%0.50%
9 Month0.49%0.50%
12 Month0.79%0.80%
18 Month0.99%1.00%
24 Month1.09%1.10%
36 Month1.24%1.25%
48 Month1.34%1.35%
60 Month1.73%1.75%

Open Account

Money Market

Effective as of 03/18/2020

Minimum Balance to Earn APYDividend RateAnnual Percentage Yield
$5–$24,999.990.24%0.25%
$25,000–$49,999.990.29%0.30%
$50,000–$74,999.990.34%0.35%
$75,000 and above 0.39%0.40%

Open Account

IRA Savings Account

Effective as of 03/18/2020

ProductDividend RateAnnual Percentage Yield
Savings0.34%0.35%

Disclosures

IRA/Savings Certificate

There is a $500 minimum requirement to open and a minimum balance requirement of $500 to earn the advertised annual percentage yield. A penalty will be imposed for early withdrawal. Effective fees may reduce dividend earned. See fee schedule.

Money Market Account

There is a $2,000 minimum requirement to open the account and that minimum daily balance must be maintained to avoid a minimum balance fee. If, during any month, the account balance falls below the required minimum balance, the account will be subject to a minimum balance fee. A minimum balance of $5 must be maintained to earn the advertised annual percentage yield. Effective fees may reduce dividend earned. See fee schedule.

IRA Savings Account

There is a $5 minimum balance requirement to open the account and that minimum balance must be maintained to earn the advertised annual percentage yield. Effective fees may reduce dividend earned. See fee schedule.

APY = Annual Percentage Yield

Rate Information

The dividend rate and annual percentage yield may change at any time, as determined by the Credit Union Board of Directors.

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