rates: dividend rates
Dividends
Dividend rates declared by the Board of Directors – Effective 5/1/12. Rates subject to change. Fees could reduce the earnings on the account.
| A.P.Y.* | |
| Shares | 0.05% |
| Shares (Youth Clubs) | 0.05% |
| IRA Accounts | 0.05% |
| Holiday Clubs | 0.05% |
| Vacation Clubs | 0.05% |
Money Market Shares
(Minimum opening deposit of $2500.00 & minimum to earn dividends is $2500.00)
| A.P.Y.* | |
| Balances $2,500.00 to $9,999.99 | 0.10% |
| Balances $10,000.00 to $24,999.99 | 0.20% |
| Balances over $25,000.00 | 0.30% |
Certificate Rates**
(Share Certificate - Minimum opening deposit of $500.00 & no minimum required to earn dividends.)
| A.P.Y.* | |
| 6 months | 0.12% |
| 1 year | 0.22% |
| 2 years | 0.32% |
| 3 years | 0.42% |
Certificate Rates (Kids Club)**
(Share Certificate - Minimum opening deposit of $200.00 & no minimum required to earn dividends.)
| A.P.Y.* | |
| 6 months | 0.12% |
| 1 year | 0.22% |
Certificate Rates (Teen Club)**
(Share Certificate - Minimum opening deposit of $350.00 & no minimum required to earn dividends.)
| A.P.Y.* | |
| 1 year | 0.22% |
| 1.5 years | 0.32% |
IRA Certificate**
(Minimum opening deposit is $1000.00 for IRA Share Certificates & no minimum required to earn dividends.)
| A.P.Y.* | |
| 1 year | 0.22% |
| 2.5 years | 0.37% |
* Annual Percentage Yield
** A penalty will or may be imposed for early withdrawal
