Rates
Savings Rates
Share Savings
| Daily Balance | Rate | APY |
|---|---|---|
| $0 - $24.99 | 0.00% | 0.00% |
| $25 - $2000 | 0.10% | 0.10% |
| $2000.01 - + | 0.10% | 0.10% |
This account is no longer available for new accounts.
Secondary Share Savings
| Daily Balance | Rate | APY |
|---|---|---|
| $0 - $24.99 | 0.00% | 0.00% |
| $25 - $2000 | 0.10% | 0.10% |
| $2000.01 - + | 0.10% | 0.10% |
*IRA Accounts
| Type | Rate | APY |
|---|---|---|
| IRA Share | 0.35% | 0.351% |
| Roth IRA - Share Account | 0.35% | 0.351% |
| Coverdell Education Savings | 0.35% | 0.351% |
*The start up fee to open an IRA is $10.00 The annual maintenance fee is $10.00. The fee to close the account is $10.00. APR is the Annual Percentage Rate. APR (Annual Percentage Rate) is simple interest without compounding. For example, $10,000 @ 6.00 APR for 2 years will produce $600 of interest per year (or $300 semiannually, or $150 quarterly, or $50 monthly). APY (Annual Percentage Yield) is compounded interest (usually daily or monthly) calculated for 1 year (even if the term is longer). For example, $10,000 @ 6.00 APR for 2 years compounded monthly, produces a 6.17 APY which returns a total of $11,272.07 after 2 years. APY is the Annual Percentage Yield. Dividends on your savings are calculated daily, paid monthly, and are shown on your quarterly statement. Fees could reduce earnings on the account. Rates may change after the account is opened. For more current rates please contact the credit union.
Other Accounts
| Type | Rate | APY |
|---|---|---|
| Money Market Share Account | 1.00% | 1.00% |
| Reserve Share Account | 0.10% | 0.10% |
| **Share Draft | 0.10% | 0.10% |
APY = Annual Percentage Yield APR = Annual Percentage Rate **The minimum balance required to avoid a service charge is $100.00. If the balance falls below $100.00 any time during the month, a $5.00 service charge will be assessed for that month. Other fees are as follows: • Stop Payment – $20.00 • Overdraft Transfer Fee $5.00 • Nonsufficient Funds (NSF) – $20.00 • Return Check $3.00 • Copy of Cleared Draft – $3.00 • Close Account Fee $20.00 • Extra Statement Copy – $5.00 • Account reconciliation – $20.00 Minimum / $20.00 per hour
Share Certificates
| Type | Rate | APY |
|---|---|---|
| 91 Day - $2000.00 minimum | 0.99% | 1.00% |
| 6 Month - $2000.00 minimum | 4.45% | 4.50% |
| 1 Year - 2000.00 minimum | 4.25% | 4.25% |
| 2 Year - $2000.00 minimum | 4.08% | 4.00% |
| 3 Year - $2000.00 minimum | 3.89% | 3.75% |
| 4 Year - $2000.00 minimum | 3.68% | 3.50% |
| 5 Year - $2000.00 minimum | 3.75% | 3.50% |
Early Withdraw Penalty: 180 Dividend Days