RATES
Deposit Rates
Effective December 18, 2008
Savings
| type |
minimum
deposit |
minimum
balance to earn1 |
dividend
rate |
apy |
| Regular Share2 |
$5.00 |
$100.00 |
.25% |
.25% |
| High Yield Youth Share Savings3
(1st Tier on Balances <=$500.00 |
$5.00 |
.01 |
4.89% |
5.00% |
| (2nd Tier on Balances >$500.00)
|
$5.00 |
.01 |
.25% |
.27% |
| Alternate Share Account2 |
$5.00 |
$100.00 |
.25% |
.25% |
Christmas Club or
Vacation Club2 |
$5.00 |
$100.00 |
.75% |
.75% |
| IRA4 |
$5.00 |
$100.00 |
.75% |
.75% |
| Money Market5 |
$2000.00 |
$100.00 |
-- |
-- |
| (Balances greater than
$2,000) |
-- |
-- |
.75% |
.75% |
| (Balances less than $2,000) |
-- |
-- |
.25% |
.25% |
| High Yield Money Market5 |
$25,000.00 |
$100.00 |
-- |
-- |
| (Balances greater than
or equal to $100,000) |
-- |
-- |
1.49% |
1.50% |
| (Balances greater than
or equal to $25,000) |
-- |
-- |
.99% |
1.00% |
| (Balances less than $25,000) |
-- |
-- |
.25% |
.25% |
Checking
| type |
minimum
deposit |
minimum
balance to earn* |
dividend
rate |
apy |
| StarChecking/Share
Draft |
| (No Minimum Balance Requirements,
No Monthly Service Charges, No Dividends) |
$0.00 |
N/A |
N/A |
N/A |
| StarPlus Checking/Share
Draft2 |
| (No Monthly Fee if $500 Minimum Daily
Balance Maintained, Fees May Reduce Earnings) |
$0.00 |
$100.00 |
.05% |
.05% |
Term Share Certificates 6
| type |
minimum
deposit |
minimum
balance to earn* |
dividend
rate |
apy |
90 Day Term Share Account1
Monthly Dividend |
$500.00 |
$500.00 |
1.00% |
1.00% |
180 Day Term Share Account2
Monthly Dividend |
$500.00 |
$500.00 |
1.44% |
1.45% |
12 Month Term Share Account2
Monthly Dividend |
$500.00 |
$500.00 |
1.65% |
1.65% |
12 Month Term Share Account4
Quarterly Dividend |
$500.00 |
$500.00 |
1.64% |
1.65% |
24 Month Term Share Account4
Quarterly Dividend |
$500.00 |
$500.00 |
1.74% |
1.76% |
36 Month Term Share Account4
Quarterly Dividend |
$500.00 |
$500.00 |
1.98% |
1.99% |
48 Month Term Share Account4
Quarterly Dividend |
$500.00 |
$500.00 |
2.15% |
2.17% |
60 Month Term Share Account4
Quarterly Dividend |
$500.00 |
$500.00 |
2.24% |
2.25% |
Term IRA Certificates 4,6
| type |
minimum
deposit |
minimum
balance to earn* |
dividend
rate |
apy |
12 Month Term IRA Certificate
Quarterly Dividend |
$500.00 |
$500.00 |
1.64% |
1.65% |
24 Month Term IRA Certificate
Quarterly Dividend |
$500.00 |
$500.00 |
1.74% |
1.76% |
36 Month Term IRA Certificate
Quarterly Dividend |
$500.00 |
$500.00 |
1.98% |
1.99% |
48 Month Term IRA Certificate
Quarterly Dividend |
$500.00 |
$500.00 |
2.15% |
2.17% |
60 Month Term IRA Certificate
Quarterly Dividend |
$500.00 |
$500.00 |
2.24% |
2.25% |
Deposit Rate Disclosures
The rates contained in this Schedule are accurate as of
December 18, 2008.
- Dividends are earned on the average daily balance and
paid monthly. Rates quoted are anticipated to be paid
on January 31, 2009, but may change. Dividend rate and
APY are subject to change monthly without notice at the
discretion of the Board of Directors.
- Dividends are earned on the average daily balance and
paid quarterly. Rates quoted are anticipated to be
paid on March 31, 2009, but may change. Dividend
rate and APY are subject to change quarterly without
notice at the discretion of the Board of Directors.
- Dividends are earned on the daily balance and paid
monthly. Rates quoted are anticipated to be paid on
January 31, 2009, but may change. Dividend rate and
APY are subject to change weekly without notice at the
discretion of the Board of Directors.
- If you are age 17 or younger, dividends will be earned
on your entire share balance for all share accounts,
with the exception of Money Market shares, that pay dividends.
The required minimum balance to earn dividends on all
term share accounts is $500.00 for all members. The required
minimum balance to earn dividends on Money Market share
accounts is $100.00 for all members.
- If you have a checking account with direct deposit,
you can earn an additional .25% above the stated APR
(annual percentage rate). Please contact a Financial
Services Representative (FSR) for more details. All certificates
of deposit auto-renew, but this special rate will not.
To continue to get the additional .25% rate, you will
need to contact an FSR when the certificate matures and/or
renews within the specified grace period.
A substantial penalty is assessed on funds withdrawn
prior to maturity on all Term Share Accounts and Term
IRA Certificates. APY: Annual Percentage Yield.
APY assumes dividends remain in account until maturity.
Withdrawals reduce earnings. The above rates are anticipated
to be paid for their respective dividend periods, but
may change. Dividends are paid at the end of the period
from current income and available earnings after required
transfers to reserves. These rates are not guaranteed
for the current dividend period. Fees could reduce
earnings on the accounts.
National Credit Union Share Insurance Fund (NCUSIF):
Member accounts in this Credit Union are federally insured
by the National Credit Union Share Insurance Fund. We
do business in accordance with the Federal Fair Housing
Law and the Equal Credit Opportunity Act.
For more information, call the Credit Union at 832.615.7000
or 800.241.5871 or Contact
Us Online.
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