Our profits go to our members. After all, you are our shareholders.
Doesn’t it feel good to know you are part of a cooperative where there’s no one at the top getting rich off your hard work? That’s one of the key differences between a credit union and a bank. Our profits are returned back to our members in the form of fewer fees, higher dividends and lower lending rates.
Savings & Club Account Dividend RatesEffective January 1, 2017
|$5 – $2500||0.05%||0.050%|
|$2500.01 and over||0.10%||0.100%|
|*APY=Annual Percentage Yield|
Share Certificate Dividend RatesEffective April 22, 2020
|Term||Min Balance||Dividend Rate||APY*|
|*APY=Annual Percentage Yield. Six-month Share Certificate dividends are compounded monthly; 12- to 48-month Share Certificates are compounded quarterly.|
IRA Dividend RatesEffective April 22, 2020
|Min Balance||Dividend Rate||APY*|
|Accumulation IRA (variable rate)||$10||0.05%||0.050%|
|*APY=Annual Percentage Yield.
A penalty of 180 days dividend is imposed for early withdrawal for all IRA Share Certificate terms except for 12 month certificates, which have a 90 day dividend penalty.
A $10.00 penalty is imposed on all IRA accounts withdrawn for transfer to another financial institution.