5

rates: dividend rates


Dividends

Dividend rates declared by the Board of Directors – Effective 5/1/17. Rates subject to change. Fees could reduce the earnings on the account.

(Minimum opening deposit of $25.00 & no minimum to earn dividends)

  A.P.Y.*
Shares 0.02%
Shares (Youth Clubs) 0.02%
IRA Accounts 0.02%
Holiday Clubs 0.02%
Vacation Clubs 0.02%

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 0.03%
Balances $10,000.00 to $24,999.99 0.04%
Balances over $25,000.00 0.05%

Certificate Rates**

(Share Certificate - Minimum opening deposit of $500.00 & no minimum required to earn dividends.)

  A.P.Y.*
6 months 0.05%
1 year 0.10%
2 years 0.15%
3 years 0.20%

Certificate Rates (Kids Club)**

(Share Certificate - Minimum opening deposit of $200.00 & no minimum required to earn dividends.)

  A.P.Y.*
6 months 0.05%
1 year 0.10%

Certificate Rates (Teen Club)**

(Share Certificate - Minimum opening deposit of $350.00 & no minimum required to earn dividends.)

  A.P.Y.*
1 year 0.10%
1.5 years 0.15%

IRA Certificate**

(Minimum opening deposit is $1000.00 for IRA Share Certificates & no minimum required to earn dividends.)

  A.P.Y.*
1 year 0.10%
2.5 years 0.15%

* Annual Percentage Yield

** A penalty will or may be imposed for early withdrawal