Savings Account Rates
Earn a competitive dividend rate with a minimum balance of just $500 in your Savings Account. The minimum to earn dividends is even lower for young savers and those saving for the Holidays. Dividends are paid monthly on $1 increments.
You can also earn dividends on select checking accounts. See below which accounts earn dividends and what minimum balance requirements are.
Savings Rates as of 08/27/10:
| Account Type | Rate | APY* | Minimums |
|
Regular Savings ($5 to open) |
0.050% | 0.050% | $500 |
|
Subshare Savings ($5 to open) |
0.050% | 0.050% | $500 |
|
Holiday Savings ($5 to open) |
0.050% | 0.050% | $5 |
|
Buck-aroo Savings ($5 to open) |
0.050% | 0.050% | $5 |
|
Youth Plus ($5 to open) |
0.050% | 0.050% | $5 |
|
Backpack Savings ($5 to open) |
0.050% | 0.050% | $5 |
|
Essential & Classic Checking ($20 to open) |
n/a | n/a | n/a |
|
Platinum Checking ($1,000 to open) |
0.020% | 0.020% | $1,000 |
| 0.020% | 0.020% | $5,000 | |
| 0.050% | 0.050% | $10,000 | |
| 0.080% | 0.080% | $25,000 | |
| 0.100% | 0.100% | $50,000 |
* Rates are set by the Credit Union Board of Directors and subject to change at any time. APY = Annual Percentage Yield. APY means a percentage rate reflecting the total amount of dividends/interest paid on an account based on the dividends/interest rate and the frequency of compounding for a 365 day period. For more information contact a Member Service Representative at 1.800.968.5626.
