SAVINGS & INVESTMENT RATES


Rates are current as of April 1, 2014 and are subject to change.  Your savings are federally insured by the National Credit Union Administration to at least $250,000 and are backed by the full faith and credit of the US Government. Don't forget! With PridePoints, you can get even better rates!

 

SHARE / SAVINGS ACCOUNTS1

PRODUCT

MIN TO EARN APY

DIVIDEND RATE

APY

Share Savings $200 & greater 0.05% 0.05%
Christmas Club $100 & greater 0.10% 0.10%
IRA Savings $25 & greater 0.25% 0.25%
Youth & Student Savings2 $0.01 & greater 0.10% 0.10%

CHECKING ACCOUNTS3

PRODUCT

MIN TO EARN APY

DIVIDEND RATE

APY

Checking Plus Up to $2,499.99 0.00% 0.00%
$2,500 - $9,999.99 0.10% 0.10%
$10,000 & greater 0.15% 0.15%
Silver ADVANTAGE $0.01 & greater 0.15% 0.15%

INSURED MONEY MARKET ACCOUNTS4

PRODUCT

MIN TO EARN APY

DIVIDEND RATE

APY

Regular Money Market Up to $2,499.99 0.05% 0.05%
$2,500 - $24,999.99 0.10% 0.10%
$25,000 - 74,999.99 0.15% 0.15%
$75,000 & greater 0.20% 0.20%
Student Money Market Up to $999.99 0.10% 0.10%
$1,000 & greater 0.20% 0.20%

REGULAR CERTIFICATES & IRAS5
($500 min. to open regular certificates; $100 min. to open IRA cerficiates)

TERM

DIVIDEND RATE APY
3 months 0.15% 0.15%
6 months 0.20% 0.20%
12 months 0.30% 0.30%
18 months 0.40% 0.40%
24 months 0.50% 0.50%
36 months 0.70% 0.70%
48 months 1.00% 1.00%
60 months 1.29% 1.30%

BUMP UP CERTIFICATES6
($5,000 min. to open 20-month; $10,000 min. to open 30-month; Bump Up is a one-time adjustment to current rate, up to 100 basis points)

TERM

DIVIDEND RATE

APY

20 months 0.50% 0.50%
30 months 0.50% 0.50%

EDUCATIONAL GROWTH CERTIFICATE7
($200 min. to open; rate is Prime minus 2.95% variable)

TERM

DIVIDEND RATE

APY

Matures on 18th birthday 3.50% (v) 3.55% (v)

 

APY = Annual Percentage Yield. Rates subject to change without notice. Fees may reduce earnings.
1-The minimum balance required to a Share, IRA or Youth & Student savings account is $25. There is no minimum balance to open a Christmas Club account.
2-The Youth, Teen or Student Share Savings account is eligible for 24 and under only, and upon the primary accountholder's 25th birthday, this account will automatically convert to a Regular Share Savings account, subject to its rates and conditions.
3-Minimum balance required to open a Checking Plus account is $2,500.  There is no minimum balance required to open a Silver ADVANTAGE Checking account.
4-Minimum balance required to open a Regular Money Market Account is $2,500; for Student Money Market Account, it is $1,000. In accordance with Federal Regulation D, you are allowed to make up to six withdrawals from a money market account in any combination of electronic debits and drafts. Once you have met your allowed quantity, further drafts and electronic debits will be rejected until the next statement cycle.
5- Dividends compound quarterly. There is a penalty for early withdrawal. You may make additional deposits to an IRA Certificate account only.
6 - Dividends compound quarterly.  There is a penalty for early withdrawal. Exercising your bump-up option means that your rate will adjust to the stated current rate at the time you exercise the option.  Maximum rate adjustment of 100 basis points.  The new rate will carry forward from the date you exercise the bump-up option and will not be retroactive. 
7 -Dividends compound monthly.  There is a penalty for early withdrawal (v) = Variable Rate.  Dividend rate is Prime minus 2.95%.  "Prime" is the "The Wall Street Journal Prime" rate published by The Wall Street Journal.  The dividend will never go below 3.50% and will not exceed 8.50%.  This account is not renewable upon maturity.  All proceeds from this account are reported under the minor's social security for tax purposes.  This account is not eligible for PridePoint rate bonuses.