Rates
Platinum Rewards Checking*
| Balance | Minimum Required Opening Deposit | Dividend Rate | APY |
|---|---|---|---|
| $0 - $24,999.99 | $50 | 3.00% | 3.00% |
| $25,000+ | $50 | 0.25% | 3.00% to 0.25% |
| All balances if qualifications not met | $50 | 0.05% | 0.05% |
Qualifications
Earning the full rewards is so easy, you're probably already doing it! To earn your rewards, simply do the following activities and transactions in your Platinum Rewards Account each Monthly Qualification Cycle:
Have at least 20 Debit Card purchases post and settle
Be enrolled in e-Statements
Be enrolled and log into Online Banking or Mobile Banking a minimum of one time
If you don't meet the qualifications one month, don't worry. There is no penalty, and you still have a free Checking Account that earns our base interest rate. Plus, you can get back to earning really high interest and nationwide ATM fee refunds the very next month.
*APY=Annual Percentage Yield. APY is accurate as of 07/13/2023. Rates may change after account is opened. If qualifications are met each monthly qualification cycle: (1) Domestic ATM fees incurred during qualification cycle will be reimbursed up to $20 ($4.99 per single transaction) and credited to account on the last day of monthly statement cycle; (2) balances up to $25,000 receive APY of 3.00%; and (3) balances over $25,000 earn 0.25% dividend rate on portion of balance over $25,000, resulting in 3.00% to 0.25% APY depending on the balance. If qualifications are not met, all balances earn 0.05% APY. Qualifying transactions must post to and settle account during monthly qualification cycle. Transactions may take one or more banking days from the date transaction was made to post to and settle an account. ATM-processed transactions do not count towards qualifying debit card transactions. "Monthly Qualification Cycle" means a period beginning the first day of the current statement cycle through the close of the current statement cycle. Domestic ATM fees incurred during qualification cycle will be reimbursed up to $20 if qualifications are met within monthly qualification cycle. Limit one account per SSN.
Certificates
| Term | Minimum Opening Deposit | Certificate Dividend Rate | Certificate APY** |
|---|---|---|---|
| 6 Months | $500 | 4.50% | 4.59% |
| 12 Months | $500 | 4.40% | 4.49% |
| 18 Months | $500 | 3.70% | 3.76% |
| 24 Months | $500 | 3.65% | 3.71% |
| 36 Months | $500 | 3.50% | 3.56% |
| 48 Months | $500 | 3.50% | 3.56% |
| 60 Months | $500 | 3.50% | 3.56% |
Transaction Limitations:
Additional Deposit: Not Allowed
Dividend Withdrawal: Allowed
Renewable: Automatic
Dividend Information:
Dividends Compounded: Monthly
Dividends Credited: Monthly
Dividend Period: Monthly
Interest Rate Type: Fixed
Except as specifically described, the following disclosures apply to all of the above accounts.
Rate Information – The Dividend Rate and Annual Percentage Yield on your accounts, as of the last dividend declaration date, are set forth above. The Annual Percentage Yield is a percentage rate that reflects the total amount of dividends to be paid on an account based on the dividend rate and frequency of compounding for the term of the account. The Annual Percentage Yield is based on the assumption that dividends will remain on deposit until maturity. A withdrawal will reduce earnings.
Nature of Dividends - Dividends are paid from current income and available earnings after required transfers to reserves at the end of a dividend period.
Compounding and Crediting – Dividends will be compounded and credited as set forth above. The dividend period for each account is set forth above. The dividend Period begins on the first calendar day of each month and ends on the last calendar day of each month.
Balance Information – The minimum balance required to open each account is set forth above. Dividends and minimum balances are calculated using the Average Daily Balance method. The Average Daily Balance is determined by using the full amount of principal in the account for each day of the period and dividing that figure by the number of days in that period.
Accrual of Dividends – Dividends will begin to accrue on cash and non-cash deposits (e.g. checks) on the business day you make the deposit to your account.
Transaction Limitations – After your account is opened, you may not add funds to your account, but may make withdrawals of dividends from your account in any amount as indicated.
Maturity – Your account will mature within the term set forth above or the maturity date set forth on your Certificate of Maturity Notice. The Credit Union will give the owner(s) at least 21 days' notice prior to maturity.
Fixed Rate Accounts – The rate and yield will remain in effect for the entire term of the account.
Early Withdrawal Penalty – We may impose a substantial penalty if you withdraw any of the principal before the renewal date.
Amount of Penalty – For Certificates and IRA Certificates, the amount of the early withdrawal penalty of your account is an amount equal to 365 days dividends whether earned or not.
How the Penalty Works – The penalty is calculated as a forfeiture of part of the dividends that have been or would have been earned on the account. It applies whether or not the dividends have been earned. In other words, if the account has not yet earned enough dividends or if the dividend has already been paid, the penalty will be deducted from the principal.
Exceptions to Early Withdrawal Penalties – At our option, we may pay the account before maturity without imposing an early withdrawal penalty under the following circumstances: when an account owner dies, where the account is an Individual Retirement Account (IRA) and any portion is paid within seven (7) days after establishment, if withdrawal occurs within ten (10) days of Automatic Renewal date.
Renewal Policy – Your account is an Automatically Renewable Account.
Nontransferable/Nonnegotiable - Your account is nontransferable and nonnegotiable. The funds in your account may not be pledged to secure an obligation of owner, except obligations with the Credit Union.
IRA Certificate Rates
| Term | Minimum Opening Deposit | IRA Certificate Rate | IRA Certificate APY** |
|---|---|---|---|
| 12 Months | $500 | 4.40% | 4.49% |
| 18 Months | $500 | 3.70% | 3.76% |
| 24 Months | $500 | 3.65% | 3.71% |
| 36 Months | $500 | 3.50% | 3.56% |
| 48 Months | $500 | 3.50% | 3.56% |
| 60 Months | $500 | 3.50% | 3.56% |
Transaction Limitations:
Additional Deposit: Not Allowed
Dividend Withdrawal: Allowed
Renewable: Automatic
Dividend Information:
Dividends Compounded: Monthly
Dividends Credited: Monthly
Dividend Period: Monthly
Interest Rate Type: Fixed
Except as specifically described, the following disclosures apply to all of the above accounts.
Rate Information – The Dividend Rate and Annual Percentage Yield on your accounts, as of the last dividend declaration date, are set forth above. The Annual Percentage Yield is a percentage rate that reflects the total amount of dividends to be paid on an account based on the dividend rate and frequency of compounding for the term of the account. The Annual Percentage Yield is based on the assumption that dividends will remain on deposit until maturity. A withdrawal will reduce earnings.
Nature of Dividends - Dividends are paid from current income and available earnings after required transfers to reserves at the end of a dividend period.
Compounding and Crediting – Dividends will be compounded and credited as set forth above. The dividend Period for each account is set forth above. The dividend Period begins on the first calendar day of each month and ends on the last calendar day of each month.
Balance Information – The minimum balance required to open each account is set forth above. Dividends and minimum balances are calculated using the Average Daily Balance method. The Average Daily Balance is determined by using the full amount of principal in the account for each day of the period and dividing that figure by the number of days in that period.
Accrual of Dividends – Dividends will begin to accrue on cash and non-cash deposits (e.g. checks) on the business day you make the deposit to your account.
Transaction Limitations – After your account is opened, you may not add funds to your account, but may make withdrawals of dividends from your account in any amount as indicated.
Maturity – Your account will mature within the term set forth above or the maturity date set forth on your Certificate of Maturity Notice. The Credit Union will give the owner(s) at least 21 days' notice prior to maturity.
Fixed Rate Accounts – The rate and yield will remain in effect for the entire term of the account.
Early Withdrawal Penalty – We may impose a substantial penalty if you withdraw any of the principal before the renewal date.
Amount of Penalty – For Certificates and IRA Certificates, the amount of the early withdrawal penalty of your account is an amount equal to 365 days dividends whether earned or not.
How the Penalty Works – The penalty is calculated as a forfeiture of part of the dividends that have been or would have been earned on the account. It applies whether or not the dividends have been earned. In other words, if the account has not yet earned enough dividends or if the dividend has already been paid, the penalty will be deducted from the principal.
Exceptions to Early Withdrawal Penalties – At our option, we may pay the account before maturity without imposing an early withdrawal penalty under the following circumstances: when an account owner dies, where the account is an Individual Retirement Account (IRA) and any portion is paid within seven (7) days after establishment, if withdrawal occurs within ten (10) days of Automatic Renewal date.
Renewal Policy – Your account is an Automatically Renewable Account.
Nontransferable/Nonnegotiable - Your account is nontransferable and nonnegotiable. The funds in your account may not be pledged to secure an obligation of owner, except obligations with the Credit Union.
Money Market Rates
| Average Daily Balance | Minimum Opening Deposit | Dividend Rate | APY** |
|---|---|---|---|
| $0 - $1,999.99 | $2,000 | 0.00% | 0.00% |
| $2,000 - $24,999.99 | $2,000 | 1.50% | 1.51% |
| $25,000 - $74,999.99 | $2,000 | 2.50% | 2.53% |
| $75,000 or more | $2,000 | 3.25% | 3.30% |
Details
Dividends compounded
Credited monthly
For a Money Market Account, withdrawals must be a minimum of $500, limited to six per month; no automatic transfers of loan advances allowed; minimum balance of $2,000 required to obtain the disclosed Annual Percentage Yield; no dividends will be paid if the average daily balance falls below $2,000; and Money Market Accounts are subject to account service fees as listed in our account service fee schedule including Share Draft (Checking) Accounts.
Health Savings Account Rates
| Average Daily Balance | Minimum Opening Deposit | Dividend Rate | APY** |
|---|---|---|---|
| $0 - $500 | $0 | 0.00% | 0.00% |
| $500.01 - $2,500 | $0 | 0.10% | 0.10% |
| $2,500.01 - $10,000 | $0 | 0.10% | 0.10% |
| $10,000.01+ | $0 | 0.10% | 0.10% |
Details
Dividends compounded
Credited monthly
Club Account Rates
| Type | Average Daily Balance | Dividend Rate | APY** |
|---|---|---|---|
| Club | N/A | 0.10% | 0.10% |
| IRA Club | N/A | 0.10% | 0.10% |
| Type | Average Daily Balance | Dividend Rate | APY |
|---|---|---|---|
| Club | N/A | 0.10% | 0.10% |
| IRA Club | N/A | 0.10% | 0.10% |