Business Savings Rates
| Deposit Range | APY* | Dividend Rate |
|---|---|---|
| $.01 and greater | 0.25% | 0.25% |
Business Share Certificate
| Term | APY | Dividend Rate | Minimum Deposit |
|---|---|---|---|
| 6 Month | 4.25% | 4.170% | $500 |
| 12 Month | 4.0% | 3.925% | $500 |
| 24 Month | 2.90% | 2.865% | $500 |
| 36 Month | 2.75% | 2.72% | $500 |
| 48 Month | 2.75% | 2.72% | $500 |
| 60 Month | 2.75% | 2.72% | $500 |
*APY = Annual Percentage Yield.
Payment of Dividends for Share and IRA Certificates are compounded and credited monthly. Dividend rates on certificate accounts are fixed for the term of the certificate unless otherwise specified. The Daily Balance method is used to calculate dividends on these accounts. This method applies a daily periodic rate to the principal in the account each day. Dividends begin to accrue on the business day you make a deposit. Dividends are compounded daily and posted monthly on the last day of the month and at maturity.
NOTE: Early withdrawal penalties apply to all certificates. Fees for early withdrawals may reduce the earnings on the account.
Your savings insured to $250,000 by the National Credit Union Administration (NCUA), a U.S. Government Agency
These rates are current as of today, but are subject to change at any time.
PAYMENT OF DIVIDENDS FOR ALL ACCOUNTS
Dividends are paid at the end of the applicable dividend period and are only paid out of current income and available earnings after required transfers to reserves. Dividends are regularly declared by the Board of Directors and are subject to change at any time. Credit Union bylaws permit a delay of up to 60 days for withdrawal of shares.