Dividend Period October 1, 2022- December 31, 2022
| Amount | APR | APY |
|---|---|---|
| $5.00 - $500.00 | .10 | .10 |
| $500.01 - $1000.00 | .15 | .15 |
| $1000.01 - $2499.00 | .20 | .21 |
| $2499.01 - $10,000.00 | .30 | .31 |
| $10,000.01 - $25,000.00 | .40 | .41 |
| $25,000.01 - $100,000.00 | .55 | .56 |
| $100,000.01 and over | .75 | .77 |
*APR = Annual Percentage Rate. APY = Annual Percentage Yield. Dividends are declared at the end of each quarter. Dividends are compounded quarterly and credited quarterly on balances of $5.00 or more based on the average daily balance in your account. Dividend rates posted were for the past quarter and cannot be guaranteed for future quarters. Loan Escrow Accounts do not earn dividends. Accounts closed during the quarter do not earn dividends. Share Drafts Accounts do not earn dividends.
| Certificate Term | Minimum Balance | APR* | APY* | Life Saver** APR | Life Saver** APY |
|---|---|---|---|---|---|
| 3 months | $500..00 | .60% | .61% | .65% | .66% |
| 6 months | $1,000.00 | 1.75% | 1.76% | 1.80% | 1.81% |
| 12 months | $1,000.00 | 2.50% | 2.51% | 2.55% | 2.56% |
| 6 months | $25,000.00 | 2.70% | 2.71% | 2.75% | 2.77% |
*APR = Annual Percentage Rate. APY = Annual Percentage Yield. **Life Saver Rate: To qualify you must have 20 years membership with our credit union.
Maximum Certificate per member: $200,000.00
Withdrawal Prior to Maturity:
Without Penalty: Withdrawals may be made without penalty only upon maturity.
With Penalty: Withdrawals prior to maturity shall incur a penalty of the portion withdrawn. The penalties are as follows:
Amount equal to the dividends that would accrue for 120 days on the amount withdrawn or a minimum of $10.00 whichever is more.
· The Credit Union reserves the right to change any of these offerings without notice.
· Dividend rates are based on Credit Union earnings at the end of the period.
· Dividends cannot be guaranteed