Deposit Rates

Share Accounts
Effective Date: Thursday, November 14th, 2019
AccountDividend RateAnnual Percentage Yield
(APY)
Dividends
Compounded
Dividends
Credited
Dividends
Period
Minimum Opening
Deposit
Share Savings 0.10%   Monthly Monthy Monthly 25.00
Money Management N/A   Monthly Monthly Monthly N/A
Checking 0.05%   Monthly Monthly Monthly 25.00
IRA Contact Office   Monthly Monthly Monthly N/A
Christmas/Vacation Club Savings 0.10%   Monthly Monthly Monthly N/A
Non-Dividend 0.00% 0.00% Monthly Monthly Monthly N/A

Share Savings Account
Dividend RateAnnual Percentage Yield (APY)Dividends CompoundedDividends CreditedDividends PeriodMinimum Opening Deposit
0.10%   Monthly Monthly Monthly 25.00

Money Management Account
Dividend RateAnnual Percentage Yield (APY)Dividends CompoundedDividends CreditedDividends PeriodMinimum Opening Deposit
N/A   Monthly Monthly Monthly N/A

Minimum Balance to Avoid Service Charge and to earn APY set forth in this Schedule $100.00 to
earn APY
$2,000 to earn APY
and avoid service charges
N/A N/A N/A N/A
Bonus for Opening, Renewing, Maintaining, or Increasing Balance in an Account N/A N/A N/A N/A N/A N/A
Amount or type of bonus N/A N/A N/A N/A N/A N/A
When the bonus will be provided N/A N/A N/A N/A N/A N/A
Minimum balance to obtain the bonus N/A N/A N/A N/A N/A N/A
Minimum time you must maintain minimum balance to obtain bonus N/A N/A N/A N/A N/A N/A

The Par Value of a Membership Share is $25.00

Club Accounts
Account TypeAccount RequirementsDistribution Methods
Christmas Club Plan period 11/01 thru 10/31 Each Year  Deposits Allowed.
Early withdrawal from account is $10.00 per  withdrawal.
Deposit to Primary Share Acct., Cash or Check
Vacation Club Plan Period 5/1 to 4/30 Deposit to Primary Share Acct., Cash or Check

Certificates

Term Share Certificate and Money Management
Account TypeMinimum Opening BalanceMinimum Balance to Earn APYDividends CreditedDividends Compounded
Fixed Rate Share Certificate Account $500.00 Quarterly Quarterly Quarterly
Variable Rate IRA Certificate Account N/A N/A N/A N/A
Fixed Rate IRA Certificate Account $500.00 Quarterly Quarterly Quarterly

IRA Certificate Accounts
Account TypeTermDividend RateAnnual Percentage Yield (APY)
No rates found.


 

Credit To Accounts For Member Deposits and Business Day Disclosure

The Credit Union's 'daily cut-off time': All deposits or transactions received after the time we close for business on a day we are open or received after we open our Night Depository, or received on a day on which we are closed for business, will be treated as if received on the next business day that we are open. Our business hours are listed below.
The Credit Union's 'daily cut-off time' for Uniform Commercial Code Funds Transfers: Any dollar amount may be transferred until 5:00 p.m., on a business day. Any request for a transfer after 5:00 p.m., will be sent on the next business day we are open.
The Credit Union's business day disclosure: Our business days are Monday through Wednesday 8:30 a.m. to 5:00 p.m., and 8:30 a.m. to 5:15 p.m. on Thursday and Friday, excluding holidays. Our Night Depository is opened at 8:30 a.m. daily. (Deposits made after 8:30 a.m. or on a day we are not open will be processed on the next business day we are open).
Stop Payment Orders: The Credit Union will not be obligated to take any action on a valid and appropriate Stop Payment Order received by us after 3:00 PM on a business day until after we open for business on the following business day.
Approved Check Printer(s) / Vendor(s) Harland Company, Inc.


Electronic Funds Transfer Services: Limitations, Fees, and other Important Information

Daily ATM Limits ($/#): Varies per member approved requests.
Daily POS Limits ($/#): Varies per member approved requests.
Daily Check Card Limits ($/#): Varies per member approved requests.
On-Line Transaction Processing: Generally it will take 2–5 days to process a transaction


Fees applicable to Electronic Banking Transactions

Transactions including inquiries using the STAR, or VISA Networks:
(3 free per month thereafter, each transaction)
Transaction) $2.00
(Inquiry) $2.00
Replacement ATM card fee (per occurrence):  $10.00
Pin Replacement: $5.00

 

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