Dividend Rates

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 Rates

Effective January 1, 2017
BalanceDividendAPY*
*APY=Annual Percentage Yield
$5 – $25000.05%0.050%
$2500.01 and over0.10%0.100%

Share Certificate Dividend Rates

Effective October 1, 2018
TermMin BalanceDividend RateAPY*
*APY=Annual Percentage Yield. Six-month Share Certificate dividends are compounded monthly; 12- to 48-month Share Certificates are compounded quarterly.
6-month$5000.25%0.250%
12-month$5000.70%0.702%
18-month$5000.80%0.802%
24-month$5000.80%0.802%
48-month$5001.25%1.256%

IRA Dividend Rates

Effective October 1, 2018
 Min BalanceDividend RateAPY*
*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A $10.00 penalty is imposed on all IRA accounts withdrawn for transfer to another financial institution.
Accumulation IRA (variable rate)$100.10%0.100%
12-Month Certificate$2500.70%0.702%
18-Month Certificate$2500.80%0.802%
24-Month Certificate$2500.80%0.802%
48-Month Certificate$2501.25%1.256%
Rates are determined monthly by the Board of Directors. FEDERAL REGULATIONS PROHIBIT THE PAYMENT OF DIVIDENDS IN EXCESS OF AVAILABLE EARNINGS. Dividends are calculated by the daily balance method.