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Home Rates Dividend Rates

Dividend Rates

 

Specials

Investment Rates Effective Date Of APY*:  April 23, 2014

30 month Special

1.25% APY

$1000.00 minimum to open

Available on Regular, Traditional IRA and Roth IRA Certificates

 

NEW MONEY ONLY NO RENEWALS

Market Index Certificate

3, 5 or 6 years

$500 Minimum

The return is based on the performance of the Dow Jones Industrial Average and has a guaranteed

return of about 1% APY* . The principal amount of the certificate is federally insured to at least $250,000

by the NCUA. Early withdrawals are not allowed except in the case of the death of the owner.

APY = Annual Percentage Yield.

Pay Day Certificate

PayDay Certificate

$100.00 Minimum

1.00% APY*

$10.00 Minimum deposits must be transferred at least monthly.

Most savings or checking accounts are available for transfer.

Transfers may occur weekly, bi-weekly, semi-monthly or monthly.

APY = Annual Percentage Yiel. Rate is effective as of 2/3/14.

There may be a penalty for early withdrawal on certificate accounts.

Dividends are calculated daily and paid monthly.

Reg & Tax-Favored Certificates

Term Minimum Balance Required for APY APY*
6 Month $1000+ 0.30%
12 Month Youth $100.00 - Minimum Opening Balance
Additions allowed to Youth Certificate  
$50 minimum deposit
0.50%
1 Year $1000+ 0.50%
18 Month $1000+ 0.60%
2 Year $1000+ 0.70%
3 Year $1000+ 0.90%
4 Year $1000+ 1.10%
5 Year $1000+ 1.50%

There may be a penalty for early withdrawal on certificate accounts.

Dividends are calculated daily and paid monthly.

APY = Annual Percentage Yield. Rates are effective as of 2/3/14.

There may be a penalty for early withdrawal on certificate accounts.

Dividents are calculated daily and paid monthly.

Tax-Favored Savings Accounts

Traditional and Roth IRAs, Health Savings Accounts and

Coverdell Educational Savings Accounts

Amount Required for APY APY*
$0-$9,999 0.05%
$10,000-$49,999 0.10%
$50,000-$99,999 0.15%
$100,000-$499,999 0.20%
$500,000-$999,999 0.25%
$1,000,000 and up 0.30%

Unlimited deposits and withdrawals with no penalties as permitted by IRS

APY=Annual Percentage Yield. Rates are effective as of 2/3/14.

There may be a penalty for early withdrawal on certificate accounts.

Dividends are calculated daily and paid monthly.

Money Market Account

 

Money Market Accounts

 

Amount Required for APY

 

 

 

 

APY*

$0-$9,999 0.05%
$10,000-$49,999 0.10%
$50,000-$99,999 0.15%
$100,000-$499,999 0.20%
$500,000-$999,999 0.25%
$1,000,000 and up 0.30%

Minimum Balance to open is $1000.00.

Fees could reduce earnings on this account.

*APY = Annual Percentage Yield. Rates are effective as of 2/3/14.

The APY is a variable rate and may change after the account is opened.

Dividends are calculated and paid monthly.

Payroll Plus

Payroll Plus Savings Account

Regular, Traditional IRA and Roth IRA

Amount Required for APY APY*
$500 or more 0.30%
$0.01 to $499.99 0.15%
APY = Annual Percentage Yield

Checking and Savings Dividends

Declared Dividends - October 1 thru December 31, 2013.

The Board of Directors declared these dividend rates for the quarter ending December 31, 2013.

Dividends for the new quarter will be declared in March 2014.

$100 minimum balance is required for dividends on all savings account except Preferred Youth Savings.

$500 minimum balance required for dividends on the Checking Plus Account.

Account APY*
Basic Membership Savings Account 0.03%
Preferred Youth SavingsAccount 0.50%
Christmas Club Savings Account 0.15%
Vacation Savings Account 0.15%
Life Insurance Savings Accounts

0.03%

Vacation Fund Account 0.03%

Checking Plus Account

Preferred Youth Checking Account

FirstStep Youth Checking

Freedom Youth Checking

0.05%

0.15%

0.15%

0.15%

e-Checking - $0.00 to $1,000 (paid monthly)

e-Checking - above $1,000 (paid monthly)

0.50%

0.20%

APY = Annual Percentage Yield

Business Share Accounts

Declared Dividends -Octoberl 1 - December 31, 2014.

The above dividend rates were declared by the Board of Directors for the quarter ending December 31, 2013.

Dividend for the next quarter will be declared in March, 2014.

Dividends are calculated daily, compounded and paid monthly on Business e-Checking and Business Money Market.

Dividends are calculated daily, compounded and paid quarterly on Business Basic Savings.

Fees could reduce earnings on these accounts.

No minimum balance required for APY on Business e-Checking and Business Money Market accounts.

Account APY*
Business Basic Savings (paid on balance over $100.00) 0.03%

Business e-Checking - to $1000.00 (paid monthly)

Business e-Checking - above $1000.00 (paid monthly)

 

0.50%

0.20%

Business Money Market

APY*
$0-$9,999 0.05%
$10,000-$49,999 0.10%
$50,000-$99,999 0.15%
$100,000-$499,999 0.20%
$500,000-$999,999

0.25%

$1,000,000 and up 0.30%

APY = Annual Percentage Yield

APY = ANNUAL PERCENTAGE YIELD

APY = ANNUAL PERCENTAGE YIELD

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