Accounts

SHARE ACCOUNT (Savings)

• A share account with a minimum of $25.00 deposit is needed in order to be a member of the credit union.
• Dividends are compounded and paid quarterly.
• A member must have the minimum balance of $100.00 to earn the stated annual percentage yield.

Please refer to Truth-In-Savings Disclosure for more information.

SHARE DRAFT ACCOUNT (Checking)

• There must be a minimum of $500.00 balance in the account in order to avoid a monthly service fee of $5.00.
• Minimum balance to earn the stated annual percentage yield is $500.00.
• Interest is compounded and credited monthly.

Please refer to for Truth-In-Savings Disclosure more information.

CHRISTMAS CLUB SAVINGS ACCOUNT

• Minimum balance of $10
• Accounts with up to $5,000 will have an APR of 1.25%
• Accounts with more than $5,001 will have an APR of 0.15%
• Interest earned on the daily balance and compounded into the savings account annually on November 1st.

CERTIFICATE OF DEPOSIT

• A certificate of deposit allows our members to lock in their funds for a specified term and earn a higher dividend rate than the share account rate.
• The minimum opening deposit for a 1 year or more term is $500.00

CURRENT RATES

Effective 01/01/2021
	Rate	APY*
Regular Shares	0.10%	0.10%
*Minimum balance of $100.00 to earn dividends
Share Draft	0.05%	0.05%
*Minimum balance of $100.00 to earn dividends
Christmas Club
Up to $5,000	1.25%	1.25%
Over $5,001	0.15%	0.15%
*Minimum balance of $10.00
Term Share Certificates	Rate	APY*
1 Year	0.25%	0.25%
18 Months	0.25%	0.25%
2 Years	0.30%	0.30%
(A penalty may be imposed for early withdrawal) *Annual Percentage Yield