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This schedule contains rates applicable to specified account and is incorporated as part of your account agreement with this Credit Union. Please call to obtain current rate information, or for information about how to add one of these savings products to your account. Effective July 27, 2010
Scroll down for certificate rates
| Rate
Type | Minimum
Opening
Balance | Minimum
To Earn
Dividend | Dividend
Rate | Annual
Percentage
Yield | Dividend
Declaration
Date | | Savings | Variable | $25 | $501 | | | 8/30/10 | | | | | | | | Monthly | | $501+ | | | | .25% | .25% | | | | | | | | | |
Minors (under 18) savings accounts earn dividends with a $25 minimum balance
| | Checking | Variable | $5 | $5,001 | | | 8/30/10 | | (Share Draft) | | | | | | Monthly | | $5,001+ | | | | .12% | .12% | | | $10,001+ | | | | .25% | .25% | | | Business Interest | Variable | $100 | $5,001 | | | | | Checking | | | | | | | | $5,001+ | | | | .12% | .12% | | | $10,001+ | | | | .25% | .25% | |
| | Holiday Savers | Variable | $25 | $100 | | | 10/31/10 | | | | | | .50% | .50% | Annually |
| Share IRA
& Coverdell | Variable | $100 | $100 | | | 8/30/10 | Education, Roth
and Traditional IRAs | | | | | | Monthly | | 100- $5,000 | | | | 1.05% | 1.05% | | | $5,001-10,000 | | | | 1.15% | 1.16% | | | $10,001-25,000 | | | | 1.25% | 1.26% | | | $25,000+ | | | | 1.35% | 1.36% | |
| The rates above are variable, subject to change without notice, and are the anticipated
rates and annual percentage yields for the current dividend period. | | Share Certificates | Children's
Certificate | Fixed | $500 | $500 | | | 8/30/10
Monthly
| For kids under 18
60 month term
| | | | | | | | $500 | | | | 5.00% | 5.12%
| | Each year, the child may add to the certificate one time per year within 30 days of their
birth date. Must be in the child’s name with their own social security number. | | | | | | | | 8/30/10 | Investor Savings
12 month term | Fixed | $1,000 | $1,000 | | | Monthly | | $1,000 - 10,000 | | | | 0.90% | 0.90% | | | $10,001-25,000 | | | | 1.15% | 1.16% | | | $25,001+ | | | | 1.25% | 1.26% | | This certificate requires additional monthly deposits of $50 or greater
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Pick your Term 3 to 36 month Certificates The “Bump Up” feature is available on all Share Certificates with terms of 12 months or more. The “Bump Up” feature gives you the right to increase your certificate rate to a higher rate once during the term of your certificate. When/if rates increase on certificates of corresponding term and dollar amounts to your certificate, you can exercise your bump up option to increase your rate to the higher rate for the remaining term of your certificate. (see disclosure for all of the options) Certificates are fixed accounts that will earn the stated dividend rate for the duration of the account term. Minimum balance requirement is $2,500.00. The penalty for early withdrawal of certificates is 3-months interest. Annual percentage rates set forth within are accurate as of the effective date but subject to change thereafter until the account is open. Dividends are paid on the last day of each month. Monthly Terms | $2,500-$10,000 | $10,001-$25,000 | $25,001-$50,000
| $50,001-$99,000 +
| | | Rate | APY | Rate | APY | Rate | APY | Rate | APY | | 3-5 Months | .75% | .75% | 1.00% | 1.00% | 1.15% | 1.15% | 1.25% | 1.26% | 6-12 Months
| 1.00% | 1.00% | 1.35% | 1.36% | 1.55% | 1.56% | 1.65% | 1.66% | | 13-18 Months | 1.25% | 1.26% | 1.55% | 1.56% | 1.75% | 1.76% | 1.85% | 1.86% | 19-24 Months
| 1.65% | 1.66% | 1.85% | 1.86% | 1.95% | 1.97% | 2.10% | 2.12% | 25-36 Months
| 1.75% | 1.76% | 1.95% | 1.97% | 2.00% | 2.02% | 2.25% | 2.27% |
Certificates are fixed accounts that will earn the stated dividend rate for the duration of the account term. Members’ accounts are insured to at least $250,000 by the National Credit Union Administration. Federal Regulations prohibit the guarantee of dividends, as dividends are based upon available earnings at the end of the dividend period. Rates are accurate as of the effective date, please call to obtain current rate information.
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