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Savings Rates

Share Rates as of December 1, 2024

Deposit Rates
Rate Types APY Dividend Rate
Share Draft (Checking) Accounts December Special* 2.02% 2.00%
Savings (Share) Accounts 0.30% 0.30%
Kids "Clubhouse" Club (Share) Account 0.30% 0.30%
Teens Club (Share) Account 0.30% 0.30%
Christmas Club (Share) Account 0.30% 0.30%
Special Savings Club (Share) Account 0.30% 0.30%
IRA Passbook 0.30% 0.30%

DEPOSIT DETAILS

The Credit Union Board of Directors determines share and share draft rates.  The dividend rate and annual percentage yield may change every month based on earnings of the Credit Union.  Minimum balance to earn dividends is $100 in a share account, Kid's Clubhouse Share Account, and Teen Club Share Account.  All accounts except term share accounts are variable rate accounts adjusting monthly except for the passbook IRAs that can adjust daily.

APY = Annual Percentage Yield

Share rate effective date: December 1, 2024

*Member Share Draft Checking Accounts rate will return to the regular dividend rate effective 1/1/25.

Share Certificate Rates as of December 12, 2024

Share Certificate Rates
Term APY Dividend Rate
5 months 4.35% 4.28%
6 months 2.01% 1.99%
12 months 2.75% 2.72%
18 months 3.15% 3.11%
24 months 3.20% 3.16%
36 months 3.25% 3.21%
48 months 3.30% 3.26%
60 months 3.50% 3.45%

APY = Annual Percentage Yield. Minimum deposit balance to open a share certificate is $1,000. A penalty may be imposed on Share Certificates if funds are withdrawn before the maturity date. The 5-month Share Certificate Special is for a limited time only and may end at any time at the discretion of the Credit Union. Maximum funds of $250,000. Share Certificate specials will rollover into your Share Savings at the time of maturity. All other Share Certificates will mature at the current rate for the same term. Contact the Credit Union for full details. Share Certificate rates effective date: December 12, 2024.

IRAs as of December 12, 2024

IRA Rates
Term APY Dividend Rate
IRA 12 months (Share Certificate) 2.75% 2.72%
IRA 18 months (Share Certificate) 3.15% 3.11%
IRA 24 months (Share Certificate) 3.20% 3.16%
IRA 36 months (Share Certificate) 3.25% 3.21%
IRA 48 months (Share Certificate) 3.30% 3.26%
IRA 60 months (Share Certificate) 3.50% 3.45%

Penalty for early withdrawal.

IRA rate effective date: December 12, 2024.