|
|
|
Savings Rates |
Minimum Opening
Deposit |
**Minimum
Balance to receive Dividends |
APR*** |
APY |
Dividend
Compounded |
Paid |
CU Early Withdrawal
Pentaly |
| Regular Share Savings |
$5.00 |
$50.00 |
0.500% |
0.500% |
Quarterly |
Added to Account |
None |
|
Easy Money**** |
$2500.00 |
$2500.00 |
0.982% |
0.990% |
Monthly |
Added to Account |
3 withdrawals
per month |
|
Christmas Club |
$5.00 |
$5.00 |
0.750% |
0.750% |
Annual |
At Maturity |
None |
|
IRA |
$50.00 |
$50.00 |
0.850% |
0.850% |
Monthly |
Added to Account |
None |
|
Escrow |
$5.00 |
$5.00 |
0.300% |
0.300% |
Quarterly |
Added to Account |
None |
A Share Cerificate is a risk free way to earn higher returns. With a minimum deposit starting at just $500.00, you lock into a fixed interest rate for the entire term of the deposit, making this an excellent way to protect your money against a possible decline in interest rates.
For purpose of this disclosure, the below quoted October 16, 2009
|
Share Certificates |
Minimum Opening
Deposit |
**Minimum
Balance to receive Dividends |
APR*** |
APY |
Dividend
Compounded |
Paid |
CU Early Withdrawal
Pentaly |
| 6 Month |
$500.00 |
$500.00 |
1.250% |
1.260% |
Quarterly |
Check,
Transfer or Compounded |
90 days of interest |
|
12 Month |
$500.00
|
$500.00 |
1.750%
|
1.760%
|
Quarterly |
Check,
Transfer or Compounded |
120 days of interest |
|
18 Month |
$500.00 |
$500.00 |
2.000% |
2.020% |
Quarterly |
Check,
Transfer or Compounded |
120 days of interest |
|
24 Month |
$500.00 |
$500.00 |
2.250% |
2.270% |
Quarterly |
Check,
Transfer or Compounded |
120 days of interest |
|
36 Month |
$500.00 |
$500.00 |
2.500% |
2.520% |
Quarterly |
Check,
Transfer or Compounded |
120 days of interest |
| 48 Month |
$500.00 |
$500.00 |
2.750% |
2.780% |
Quarterly |
Check,
Transfer or Compounded |
120 days of interest |
An IRA Cerificate is a risk free way to earn higher returns. With a minimum deposit starting at just $100.00, you lock into a fixed interest rate for the entire term of the deposit, making this an excellent way to protect your money against a possible decline in interest rates.
For purpose of this disclosure, the below quoted October 16, 2009
|
IRA Certificates |
Minimum Opening
Deposit |
**Minimum
Balance to receive Dividends |
APR*** |
APY |
Dividend
Compounded |
Paid |
CU Early Withdrawal
Pentaly |
| 6 Month |
$100.00 |
$100.00 |
1.350% |
1.360% |
Quarterly |
Added to Account |
*90 days of interest |
|
12 Month |
$100.00 |
$100.00 |
1.850% |
1.860% |
Quarterly |
Added to Account |
*120 days of interest |
|
18 Month |
$100.00 |
$100.00 |
2.100% |
2.120% |
Quarterly |
Added to Account |
*120 days of interest |
|
24 Month |
$100.00 |
$100.00 |
2.350% |
2.370% |
Quarterly |
Added to Account |
*120 days of interest |
|
36 Month |
$100.00 |
$100.00 |
2.600% |
2.630% |
Quarterly |
Added to Account |
*120 days of interest |
| 48 Month |
$100.00 |
$100.00 |
2.850% |
2.880% |
Quarterly |
Added to Account |
*120 days of interest |
| 60 Month |
$100.00 |
$100.00 |
2.850% |
2.880% |
Quarterly |
Added to Account |
*120 days of interest |
| *POSSIBLE GOVERNMENT PENALTY FOR EARLY WITHDRAWAL |
| **MINIMUM BALANCE TO EARN THE STATED ANNUAL PERCENTAGE YIELD (APY) |
| ***THE DIVIDEND RATE ON REGULAR SHARE AND ESCROW ACCOUNTS IS THE RATE DECLARED BY YOUR BOARD OF DIRECTORS FOR THE PREVIOUS QUARTER OR ANTICIPATED (PROSPECTIVE) FOR PRESENT QUARTER (ANNUAL FOR CHRISTMAS CLUB). ANTICIPATED MEANS THAT THE RATE COULD BE HIGHER OR LOWER DEPENDING ON MARKET |
| RATE FLUCTUATIONS. |
| ****THE CALCULATED DIVIDEND RATE ON EASY MONEY MAY VARY UP OR DOWN, DAY TO DAY BASED ON YIELDS RECEIVED FROM INVESTMENTS MADE BY THE CREDIT UNION. RATE SHOWN ABOVE MAY BE PREVIOUS MONTHS RATE, PLEASE ASK YOUR MEMBER SERVICE REPRESENTATIVE FOR MOST CURRENT RATE INFORMATION. |
| APR = annual percentage rate APY = annual percentage yield |
| *Applies to Share Certificates and Share Certificate specials only. |
| NOTE: (4) and (5) year Share and IRA Certificates are available. Ask for current APY. |
| Ask an employee for further information about the fees and terms applicable to the above accounts. |
Preferred FCU
|
