| Product | Balance | APY | ||
|---|---|---|---|---|
| Rates effective January 1, 2020 | ||||
| SAVINGS ACCOUNTS | Minimum Balance | APY* | ||
| Share Savings | $25 | 0.05% | ||
| Holiday Account | $25 | 0.05% | ||
| (Funds dispersed Oct. 31) | ||||
| Youth Account | $25 | 0.05% | ||
| (Open to kids up to age 17) | ||||
| Organization Account | $25 | 0.05% | ||
| (Ex. Girl Scouts, Rotary Club) | ||||
| INDIVIDUAL RETIREMENT ACCOUNTS (IRAs) | Minimum Balance | APY* | ||
| Traditional | $50 | 0.10% | ||
| Education | $50 | 0.10% | ||
| IRA | $50 | 0.10% | ||
| MONEY MARKET SHARE SAVINGS** | Minimum Balance | APY* | ||
| $2,500 to $9,999.99 | 0.10% | |||
| $10,000+ | 0.10% | |||
| SHARE AND IRA CERTIFICATES*** | Minimum Balance | APY* | ||
| 6 Months | $1000 | 0.57% | ||
| 12 months | $1000 | 1.37% | ||
| 24 months | $1000 | 1.52% | ||
| 36 Months | $1000 | 1.67% | ||
| 48 Months | $1000 | 1.97% | ||
| 60 Months | $1000 | 2.17% | ||
| *APY = Annual Percentage Yield. **Up to 6 withdrawals per month; Minimum deposit $2,500. Fees or other conditions could reduce annual percentage yields. Dividend rates variable; they are subject to change without notice. ***The above Share and IRA Certificate dividend rates and annual percentage yields (APYs) are accurate as of the last dividend declaration date February 1, 2019. APYs are paid at maturity only. A penalty will apply for early withdrawal. Your share savings in this Credit Union are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. | ||||