Dividend Rate & Yield Schedule
Dividend Rate & Yield Schedule | |||||
Effective Date: May 01, 2023 | |||||
Account Name | Rate Type | Min Opening Balance | Min Balance Required | Dividend Rate | APY* |
Membership Account | $5 | $5 | Non Dividend Earning | ||
Holiday Club | Variable | $5 | $5 | 0.05% | 0.05% |
Vacation Club | Variable | $5 | $5 | 0.05% | 0.05% |
Total Saver | Variable | $5 | $5 | ||
5-249.99 | 0.00% | 0.00% | |||
250-2,999.99 | 0.05% | 0.05% | |||
3,000-4,999.99 | 0.05% | 0.05% | |||
5,000-9,999.99 | 0.10% | 0.10% | |||
10,000-49,999.99 | 0.10% | 0.10% | |||
50,000-99,999.99 | 0.15% | 0.15% | |||
100,000-over | 0.20% | 0.20% | |||
Freedom Savings 16-17 yrs of age |
Savings | $5 | $5 | 0.05% | 0.05% |
Future Savers 5-15 yrs of age |
Savings | $5 | $5 | 0.05% | 0.05% |
Share Draft | Checking | $25 | No Minimum Balance Required | Non Dividend Earning | |
Freedom Checking | Checking | $25 | No Minimum Balance Required | Non Dividend Earning | |
IRA Accumulation | Variable | $100 | $100 | 0.05% | 0.05% |
IRA Split Rate | Variable | 1,000 | 1,000 | ||
1,000-2,000 | 0.05% | 0.05% | |||
3,000-4,999 | 0.10% | 0.10% | |||
5,000-over | 0.15% | 0.15% | |||
*Annual Percentage Yield Dividends are computed on all "dividend paid" accounts with a minimum of $5.00. Dividends are computed on the daily balance method; the application of a daily periodic rate to the full amount of ending principal in the account each day. Dividends begin accruing as of the date of deposit. Dividends are paid and compounded monthly. |
Term Share Accounts
Term Share & IRA Term Share Accounts | |||||
Effective Date: May 17, 2023 | |||||
Term | Rate Type | Min Opening Balance | Min to Earn Dividend | Dividend Rate | APY* |
3 Month | Fixed | $2,500 $5,000 $10,000 |
$2,500 $5,000 $10,000 |
0.05% 0.10% 0.15% |
0.05% 0.10% 0.15% |
6 Month | Fixed | $2,500 $5,000 $10,000 |
$2,500 $5,000 $10,000 |
0.05% 0.10% 0.15% |
0.05% 0.10% 0.15% |
6 Month | Fixed | $50,000 $100,000 |
$50,000 $100,000 |
0.20% 0.25% |
0.20% 0.25% |
1 Year | Fixed | $2,500 $5,000 $10,000 |
$2,500 $5,000 $10,000 |
0.05% 0.10% 0.15% |
0.05% 0.10% 0.15% |
1 Year | Fixed | $50,000 $100,000 |
$50,000 $100,000 |
0.25% 0.30% |
0.25% 0.30% |
2 Year | Fixed | $2,500 $5,000 $10,000 |
$2,500 $5,000 $10,000 |
0.10% 0.20% 0.30% |
0.10% 0.20% 0.30% |
2 Year | Fixed | $50,000 $100,000 |
$50,000 $100,000 |
0.35% 0.40% |
0.35% 0.40% |
1 Year IRA | Fixed | $2,500 $5,000 |
$2,500 $5,000 |
0.30% 0.35% |
0.30% 0.35% |
2 Year IRA | Fixed | $2,500 $5,000 |
$2,500 $5,000 |
0.40% 0.45% |
0.40% 0.45% |
* Annual Percentage Yield A penalty may be imposed for withdrawals before maturity. Fees could reduce the earnings on the account. |