Dividend Rates - Share and Share Draft Accounts

The rates and terms applicable to your account at the Credit Union are provided in this Rate Schedule. The Credit Union may offer other rates for these account from time to time.

The share rates are accurate and effective for accounts as of the effective date indicated and is subject to change without notice.

Rate may change after the account is opened. Fees could reduce the earnings on the account. Penalty will or may be imposed for early withdrawal.

EFFECTIVE DATE: October 01, 2008

 

Share Account

Christmas Savings Account

Club Account

IRA Account

DIVIDENDS
Dividend Rate
Annual Percentage Yield (APY)

0.75% / 0.75% APY
($100 & over)
0.00% / 0.00% APY
(under $100)

3.75%
3.75% APY

0.75%
0.75% APY

3.00%
3.00% APY

Dividends Compounded

Monthly

At Maturity

Monthly

Monthly

Dividends Credited

Monthly

At Maturity

Monthly

Monthly

Dividend Period

Calendar Month

Annual (10/01/08 - 09/30/09)

Calendar Month

Calendar Month

BALANCE REQUIREMENTS

Minimum Opening Deposit

$5.00

$5.00

$5.00

$5.00

Maximum Deposit Monthly

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$1,000.00

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Minimum Balance To Avoid A Service Fee

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Minimum Balance to Earn the Stated APY

$100.00

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Balance Method

Average Daily Balance

Average Daily Balance

Average Daily Balance

Average Daily Balance

ACCOUNT LIMITATIONS
See Section 6 below

Account transfer limitations apply

Account transfer limitations apply

Account transfer limitations apply

Account transfer limitations apply

 

Sub-Share Account

Money Market Account

Share Draft Account

DIVIDENDS
Dividend Rate
Annual Percentage Yield (APY)


0.75%
0.75% APY

2.75% / 2.78% APY
($2,500 & over)
0.50% / 0.50% APY
(under $2,500)


0.25%
0.25% APY

Dividends Compounded

Monthly

Monthly

Monthly

Dividends Credited

Monthly

Monthly

Monthly

Dividend Period

Calendar Month

Calendar Month

Calendar Month

BALANCE REQUIREMENTS

Minimum Opening Deposit

$5.00

$2,500.00

$10.00

Minimum Balance To Avoid A Service Fee

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Minimum Balance to Earn the Stated APY

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$2,500.00

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Balance Method

Average Daily Balance

Average Daily Balance

Average Daily Balance

ACCOUNT LIMITATIONS
See Section 6 below

Account transfer limitations apply

Account transfer limitations apply

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TRUTH-IN-SAVINGS ACCOUNT DISCLOSURES

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