Savings Rates

Current Rates as of January 4, 2017

  • APR: Annual Percentage Rate
  • APY:  Annual Percentage Yield

Dividend Rates are set by the Board of Directors and are subject to change at any time and are calculated on the Average Daily Balance.

Share Rates
Share Types   Effective APY Dividend Rate
Shares and Club Accounts  0.001% 0.00%
Christmas Clubs*  0.001% 0.001%
Vacation Clubs**  0.001% 0.001%
IRA Shares  0.001% 0.001%

*Early withdrawal penalty: $20.
**One withdrawal per quarter, $20 fee if more than one per quarter.
Balance required to earn a dividend: $250.00   *Fees may reduce the earnings.

Money Market*
Minimum to earn APY Effective APY Dividend Rate
$0 to $2,499 0.00% 0.00%
$2,500 to $49,999 0.05% 0.05%
$50,000 and over 0.10% 0.10%

* Refer to "Important Account Information for Our Member"  for transaction limitations.

Share Certificate
Term Effective APY Dividend Rate
3 months 0.05% 0.05%
6 months 0.10% 0.10%
12 months 0.15% 0.15%
18 months 0.15% 0.15%
24 months 0.15% 0.15%

Minimum Deposit to open Certificates is $500.00,Minimum Deposit to open IRA Certificates is $1,000.00, Minimum Term for IRA Certificates is 12 months

Early withdrawal penalties will be imposed, based on maturity of certificate.  For certificates 90 days in maturity or less, a penalty will equal 90 days dividends on the amount withdrawn, maturities of six months and greater will have a penalty of six months dividends.  All penalties will be incurred whether the dividends have been earned or not.