Share Savings Dividend Rates
All members earn dividends based on the average daily balance for deposits within the various designated ranges. The dividend rate is determined by averaging the ending share balance for each day of the month. Dividends are compounded monthly and are credited to the member's account on the last day of the month. Funds are available for withdrawal at any time, without penalty. A minimum balance of $25 is required.
| Range | Dividend Rate | APY (Annual Percentage Yield) |
|---|---|---|
| $0 - $500 | 0.50% | 0.50% |
| $501 to $2,500 | 1.00% | 1.00% |
| $2,501 to $15,000 | 1.40% | 1.41% |
| $15,001 to $40,000 | 1.80% | 1.81% |
| $40,001 to $70,000 | 2.20% | 2.22% |
| $70,001 to $100,000 | 2.60% | 2.63% |
| $100,001 & over | 3.00% | 3.04% |
Other Dividend Rates
| Type | Dividend Rate | APY (Annual Percentage Yield) |
|---|---|---|
|
Checking
(Average Minimum Balance $300)
|
0.50% | 0.50% |
|
IRA 12-month Certificate
(Compound Quarterly)
|
4.00% | 4.06% |