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*
$5 – $25000.05%0.050%
$2500.01 and over0.10%0.100%
*APY=Annual Percentage Yield

Share Certificate Dividend Rates

Effective April 22, 2020
TermMin BalanceDividend RateAPY*
6-month$5000.200%0.200%
12-month$5000.250%0.250%
18-month$5000.300%0.300%
24-month$5000.350%0.350%
48-month$5000.650%0.652%
*APY=Annual Percentage Yield. Six-month Share Certificate dividends are compounded monthly; 12- to 48-month Share Certificates are compounded quarterly.

IRA Dividend Rates

Effective April 22, 2020
 Min BalanceDividend RateAPY*
Accumulation IRA (variable rate)$100.05%0.050%
12-Month Certificate$2500.250%0.250%
18-Month Certificate$2500.300%0.300%
24-Month Certificate$2500.350%0.350%
48-Month Certificate$2500.650%0.652%
*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A $10.00 penalty is imposed on all IRA accounts withdrawn for transfer to another financial institution.
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.