Savings/Deposit Accounts
| Account Type |
Dividend Rates |
APY |
Interest |
| Share Accounts* |
.15% |
.15% |
Compounded and paid quarterly |
| Business Share Accounts* |
.15% |
.15% |
Compounded and paid quarterly. |
| Share Draft Accounts** |
.05% |
.05% |
Compounded and paid quarterly. $500 minimum required. |
| Business Share Draft Accounts**** |
.05% |
.05% |
Compounded and paid quarterly. $500 minimum required. |
| Senior Share Draft Accounts** |
.05% |
.05% |
Compounded and paid quarterly. $500 minimum required. |
| Christmas Club Account*** |
.15% |
.15% |
Compounded and paid quarterly |
* Minimum to open $5, minimum balance $5
** No minimum balance required to open, no service charge, age 55+ 1 free box of checks per year
*** No minimum balance required to open, no withdrawals prior to distribution date, balance on deposit distributed on November 15 of each year
**** No minimum balance required to open, no service charge
Cash Management
| Amount |
Dividend Rates |
APY |
Interest |
| $1,999 or Less |
.15% |
.15% |
Compounded and paid monthly |
| $2,000-$24,999.99 |
.20% |
.20% |
Compounded and paid monthly |
| $25,000-$49,999.99 |
.35% |
.35% |
Compounded and paid monthly |
| $50,000 and over |
.45% |
.45% |
Compounded and paid monthly |
|
|
|
|
Minimum to open $2,000
6 withdrawals per month
IRA Certificates – Traditional, Roth, and Educational
| Term |
Dividend Rates |
APY |
Interest |
| 6 months |
1.15% |
1.15% |
Compounded and paid monthly |
| 12 months |
1.50% |
1.50% |
Compounded and paid monthly |
| 24 months |
1.75% |
1.75% |
Compounded and paid monthly |
| 36 months |
2.00% |
2.00% |
Compounded and paid monthly |
| 60 months |
2.50% |
2.50% |
Compounded and paid monthly |
|
|
|
|
Minimum to open $500
Share Certificates
| Term |
Dividend Rates |
APY |
Interest |
| 6 months |
1.15% |
1.15% |
Compounded and paid monthly |
| 12 months |
1.50% |
1.50% |
Compounded and paid monthly |
| 24 months |
1.75% |
1.75% |
Compounded and paid monthly |
| 36 months |
2.00% |
2.00% |
Compounded and paid monthly |
| 60 months |
2.50% |
2.50% |
Compounded and paid monthly |
|
|
|
|
Minimum to open $500
Early Withdrawal Penalties. We will impose a penalty if You withdraw any principal funds before the maturity date. For Accounts with a term to maturity equal to or less than 12 months, the penalty imposed will equal 90 days’ interest. For Accounts with a term to maturity greater than 12 months, the penalty imposed will equal 180 days’ interest.
IRA Club Accounts
| Minimum Balance |
Dividend Rates |
APY |
Interest |
| $100 |
.15% |
.15% |
Compounded and paid quarterly |
TUTMA
| Dividend Rates |
APY |
Interest |
| .15% |
.15% |
Compounded and paid quarterly |
Interest calculated daily. Rates are subject to change at anytime. Please contact the credit union for current rates.
Safe Deposit Box Fees
| Size |
Fee |
| 3x5x21 |
$20/yr |
| 3x10x21 |
$30/yr |
| 5x10x21 |
$40/yr |
| 10x10x21 |
$60/yr |
