 Deposit Rates
Account Disclosure Rate Supplement and Schedule of Fees and Charges
This supplement is incorporated into, becomes a part of and should be attached to Your Agreements and Disclosures. The Annual Percentage Yields and corresponding Dividend Rates for each Account are shown below. Member’s Accounts are insured by the National Credit Union Administration to at least $250,000 and IRAs separately issued up to $250,000.00.
| Savings Rates |
| Effective Date: 09/01/2010 |
| Savings accounts require a $5.00 minimum deposit to open the account. Savings accounts require a $300 minimum balance to earn the stated dividends. |
| Account Type | Minimum Balance to Earn Dividends | Dividend Rate | APY* |
| Share |
$300.00 |
0.05% |
0.05% |
| |
$2,500.00 |
0.05% |
0.05% |
Share accounts must maintain a balance of $300 to avoid a fee Click here for fee schedule. |
| IRA Share |
$300.00 |
0.05% |
0.05% |
| |
$2,500.00 |
0.05% |
0.05% |
| Looney Tunes/Kid Club Savings |
$300.00 |
0.05% |
0.05% |
| |
$2,500.00 |
0.05% |
0.05% |
| First Step Savings |
$300.00 |
0.05% |
0.05% |
| |
$2,500.00 |
0.05% |
0.05% |
| Extra Step Savings |
$300.00 |
0.05% |
0.05% |
| |
$2,500.00 |
0.05% |
0.05% |
| Next Step Savings |
$300.00 |
0.05% |
0.05% |
| |
$2,500.00 |
0.05% |
0.05% |
| Last Share/Saving Declaration Date: 06/30/2010 |
| Checking Accounts |
| Effective Date: 09/01/2010 |
| Checking Accounts require a $25.00 minimum balance to open the account, and a $5,000 minimum balance to earn the stated dividends. |
| Account Type | Dividend Rate | APY* |
| Regular Checking |
0.05% |
0.05% |
| Direct Deposit Checking |
0.05% |
0.05% |
| Next Step Checking |
0.05% |
0.05% |
| First Step Checking |
0.05% |
0.05% |
| Extra Step Checking |
0.05% |
0.05% |
| Money Market |
| Effective Date: 09/01/2010 |
| Money Market Savings/Checking accounts require a $5.00 minimum to open the account and a minimum of $300 to earn dividends. |
| Minimum Balance to Earn Dividends | Dividend Rate | APY* |
| $300.00 |
0.05% |
0.05% |
| $2,500.00 |
0.25% |
0.25% |
| $10,000.00 |
0.35% |
0.35% |
| $25,000.00 |
0.45% |
0.45% |
| $50,000.00 |
0.45% |
0.45% |
| Certificate Accounts |
| Effective Date: 09/01/2010 |
| Account Type | Minimum Balance to Open Account and Earn Dividends | Term | Dividend Rate | APY* |
| Money Tree Certificate |
$250.00 |
3 Year |
1.45% |
1.46% |
| Share Certificate* |
$500.00 |
3 Months |
0.30% |
0.30% |
| |
|
6 to 11 Months |
0.40% |
0.40% |
| |
|
1 Year |
0.70% |
0.70% |
| |
|
2 Year |
1.05% |
1.06% |
| |
|
3 Year |
1.45% |
1.46% |
| |
|
5 Year |
2.15% |
2.16% |
| Jumbo Share Certificate* |
$50,000.00 |
6 to 11 Months |
0.40% |
0.40% |
| |
|
1 Year |
0.70% |
0.70% |
| |
|
2 Year |
1.05% |
1.06% |
| |
|
3 Year |
1.45% |
1.46% |
| |
|
5 Year |
2.15% |
2.16% |
| Traditional IRA and Roth IRA Share Certificate* |
$500.00 |
1 Year |
0.70% |
0.70% |
| |
|
2 Year |
1.05% |
1.06% |
| |
|
3 Year |
1.45% |
1.46% |
| |
|
5 Year |
2.15% |
2.16% |
| Jumbo Traditional IRA and Roth IRA Share Certificate* |
$100,000.00 |
1 Year |
0.70% |
0.70% |
| |
|
2 Year |
1.05% |
1.06% |
| |
|
3 Year |
1.45% |
1.46% |
| |
|
5 Year |
2.15% |
2.16% |
*For the purposes of this disclosure, these rates and APYs that were offered within the most recent seven calendar days. The Dividend Rate(s) and Annual Percentage Yield(s) shown herein are current as of the effective date. For more current rates, please call 562/ 694-8296.
**APY=Annual Percentage Yield. All Annual Percentage Yields quoted as of the effective date and are subject to change without notice.
APY on variable rate accounts may change after the account is opened. Member’s accounts are insured by the National Credit Union Administration to at least $250,000 and IRAs separately insured up to $250,000. All variable rate yields are subject to change without notice.
Money Market Accounts: Fees may reduce earnings.
Certificates: Penalty for early withdrawal. |
