Share
Accounts
For the quarter ending September 30th, 2008
| |
APR |
APY |
| $0.01 |
- $9,999.99 |
|
1.75% |
1.77% |
| $10,000.00 |
- $49,999.99 |
|
2.00% |
2.02% |
| $50,000.01 |
- $999,999.99 |
2.25% |
2.27% |
Calculation is based upon the member's average quarterly balance. Dividends are disbursed and compounded on the last day of the quarter.
Share Certificates
For the quarter ending December 30th, 2008
| Term |
Minimum balance |
APR |
APY |
| 1 Year |
$500.00 > |
3.25% * |
3.30% * |
| 2 Year |
$500.00 > |
3.50% * |
3.56% * |
Calculation is based upon the member's average quarterly balance. Dividends are disbursed and compounded on the last day of the quarter.
*Penalty for early withdrawal will be the last 30 days of accrued interest at the date of closing, for 1 year certificates, and 90 days of accrued interest for 2 year certificates.
Fees may reduce earnings.
Rate Information:
The Annual Percentage Yield is a percentage rate that
reflects the total amount of dividends to be paid on
an account based on the dividend rate and frequency
of compounding for an annual period. For Share accounts,
the Dividend Rate and Annual Percentage Yield may change
at any time as determined by the Credit Union’s
Board of Directors. The Dividend Rates and Annual Percentage
Yields are the prospective rates and yields that the
Credit Union anticipates paying for the applicable dividend
period.
