Savings & Checking Account

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DIVIDEND BEARING CHECKING ACCOUNTS

Savings Rates as of July 19, 2024
ProgramMinimum Balance to OpenMinimum Balance to Earn DividendsAPY 1APR
Student Checking Account$25 or $500 Direct DepositDoes not earn dividendsn/an/a
Free Checking Account$25 or $500 Direct DepositDoes not earn dividendsn/an/a
Plus Checking Account$500$.010.01%0.010%
Premium Plus Checking Account$500 and aggregate relationship with CU1 of $50,000$.010.01%0.010%
High Yield Checking 2$1,000 Direct Deposit$.015.25%5.250%

Last Dividend Declaration Date: November 29, 2023. The dividend rates and annual percentage yields are accurate as of the last dividend declaration date. If you require current rate information, please contact us. Dividends are paid on the last day of the month to accountholders who have maintained the Minimum Balance to Earn Dividends as provided by Program type and compound monthly.


1

APY= Annual Percentage Yield. Fees could reduce earnings on the account. Rates are subject to change without notice. The rate may change after the account is opened and without notice. The APY is accurate as of the last dividend declaration date.

2

Requirements to earn the current declared High Yield Checking rate on balances up to $10,000: You must (1) be enrolled in digital banking by registering for CU1’s digital banking service and create a password, (2) be enrolled in eStatements for the account in which the High Yield Checking Account is established, (3) have at least 15 CU1 Bill Pay or CU1 Visa® debit card transactions per calendar month (or a combination of the two), excluding ATM transactions, in the High Yield Checking Account, and (4) have minimum aggregate deposits totaling $1,000 deposited into the High Yield Checking per calendar month. Balances over $10,000 will earn 0.01% APY. Transactions that are pending on your High Yield Checking account and have not posted as of the end of the calendar month qualification cycle, will not count as qualifying transaction for that calendar month cycle. If Requirements are not met, balances will earn 0.01% APY. Deposits, bill pay transactions, and/or debit card transactions made to any other account or sub account belonging to the account owner, or any joint owner, will not apply to these High Yield checking requirements.

SAVINGS ACCOUNTS

Savings Rates as of July 19, 2024
ProgramMinimum Balance to OpenMinimum Balance to Earn DividendsAPY 1APR
Primary Savings$5$50.01%0.010%
Secondary Savings$0$.010.01%0.010%
Vacation Club$0$.010.01%0.010%
Christmas Club$0$.010.01%0.010%
High Yield Savings 2$0$13.30%3.251%

Last Dividend Declaration Date: November 29, 2023. The dividend rates and annual percentage yields are accurate as of the last dividend declaration date. If you require current rate information, please contact us. Dividends are paid on the last day of the month to accountholders who have maintained the Minimum Balance to Earn Dividends as provided by Program type and compound monthly.


1

APY= Annual Percentage Yield. Fees could reduce earnings on the account. Rates are subject to change without notice. The rate may change after the account is opened. The APY is accurate as of the last dividend declaration date.

2

Must be New Money and deposited into the High Yield Savings Account. “New Money” is defined as money not on deposit with Credit Union 1 within the last 12 months and transferred in from a different financial institution (no Credit Union 1 to Credit Union 1  balance transfers allowed at any time. Any funds transferred in this manner will be redeposited into the original account and earn at the current rate). Money removed from Credit Union 1, then redeposited within a 12-month period from the withdrawal, will not be eligible for the High Yield Savings Account Rate.

SHARE CERTIFICATE (CD)

Savings Rates as of July 19, 2024
TermMinimum Balance to Open and Earn DividendsAPY 1APREarly Withdrawal Penalty 2
6 Months$1,0002.00%1.982%90 Days’ Dividends
12 Months$1,0004.00%3.929%90 Days’ Dividends
24 Months$1,0003.75%3.687%180 Days’ Dividends
36 Months$1,0003.75%3.687%270 Days’ Dividends
48 Months$1,0003.50%3.445%270 Days’ Dividends
60 Months$1,0003.50%3.445%270 Days’ Dividends

Last Dividend Declaration Date: November 29, 2023. The dividend rates and annual percentage yields are accurate as of the last dividend declaration date. If you require current rate information, please contact us. Dividends are paid on the last day of the month to accountholders who have maintained the Minimum Balance to Earn Dividends as provided by Program type and compound monthly.


1

APY= Annual Percentage Yield. Fees could reduce earnings on the account. Rates are subject to change without notice. The rate may change after the account is opened. The APY is accurate as of the last dividend declaration date.

2

We may impose a penalty if you withdraw funds from your account before the maturity date. Maintenance or activity fees could reduce earnings on the account.

SHARE CERTIFICATE PLUS (CD)

Savings Rates as of July 19, 2024
TermMinimum Balance to Open and Earn DividendsAPY 1APREarly Withdrawal Penalty 2
6 Months$10,0002.00%1.982%90 Days’ Dividends
12 Months$10,0004.00%3.929%90 Days’ Dividends
24 Months$10,0003.75%3.687%180 Days’ Dividends
36 Months$10,0003.75%3.687%270 Days’ Dividends
48 Months$10,0003.50%3.445%270 Days’ Dividends
60 Months$10,0003.00%2.959%270 Days’ Dividends

Last Dividend Declaration Date: August 30, 2023. The dividend rates and annual percentage yields are accurate as of the last dividend declaration date. If you require current rate information, please contact us. Dividends are paid on the last day of the month to accountholders who have maintained the Minimum Balance to Earn Dividends as provided by Program type and compound monthly.


1

APY= Annual Percentage Yield. Fees could reduce earnings on the account. Rates are subject to change without notice. The rate may change after the account is opened. The APY is accurate as of the last dividend declaration date.

2

We may impose a penalty if you withdraw funds from your account before the maturity date. Maintenance or activity fees could reduce earnings on the account.

IRA CERTIFICATE (Traditional, Roth or Educational)

Savings Rates as of July 19, 2024
TermMinimum Balance to Open and Earn DividendsAPY 1APREarly Withdrawal Penalty 2
6 Months$1,0002.00%1.982%90 Days’ Dividends
12 Months$1,0004.00%3.929%90 Days’ Dividends
24 Months$1,0003.75%3.687%180 Days’ Dividends
36 Months$1,0003.75%3.687%270 Days’ Dividends
48 Months$1,0003.50%3.445%270 Days’ Dividends
60 Months$1,0003.50%3.445%270 Days’ Dividends

Last Dividend Declaration Date: November 29, 2023. The dividend rates and annual percentage yields are accurate as of the last dividend declaration date. If you require current rate information, please contact us. Dividends are paid on the last day of the month to accountholders who have maintained the Minimum Balance to Earn Dividends as provided by Program type and compound monthly.


1

APY= Annual Percentage Yield. Fees could reduce earnings on the account. Rates are subject to change without notice. The rate may change after the account is opened. The APY is accurate as of the last dividend declaration date.

2

We may impose a penalty if you withdraw funds from your account before the maturity date. Maintenance or activity fees could reduce earnings on the account.

IRA CERTIFICATE PLUS (Traditional, Roth or Educational)

Savings Rates as of July 19, 2024
TermMinimum Balance to Open and Earn DividendsAPY 1APREarly Withdrawal Penalty 2
6 Months$10,0002.00%1.982%90 Days’ Dividends
12 Months$10,0004.00%3.929%90 Days’ Dividends
24 Months$10,0003.75%3.687%180 Days’ Dividends
36 Months$10,0003.75%3.687%270 Days’ Dividends
48 Months$10,0003.50%3.445%270 Days’ Dividends
60 Months$10,0003.50%3.445%270 Days’ Dividends

Last Dividend Declaration Date: November 29, 2023. The dividend rates and annual percentage yields are accurate as of the last dividend declaration date. If you require current rate information, please contact us. Dividends are paid on the last day of the month to accountholders who have maintained the Minimum Balance to Earn Dividends as provided by Program type and compound monthly.


1

APY= Annual Percentage Yield. Fees could reduce earnings on the account. Rates are subject to change without notice. The rate may change after the account is opened. The APY is accurate as of the last dividend declaration date.

2

We may impose a penalty if you withdraw funds from your account before the maturity date. Maintenance or activity fees could reduce earnings on the account.

SAVINGS IRA ACCOUNTS

Savings Rates as of July 19, 2024
ProgramMinimum Balance to OpenMinimum Balance to Earn DividendsAPY 1APR
Savings IRA$0$.010.01%0.010%
Savings ROTH IRA$0$.010.01%0.010%
Savings Education IRA$0$.010.01%0.010%

Last Dividend Declaration Date: November 29, 2023. The dividend rates and annual percentage yields are accurate as of the last dividend declaration date. If you require current rate information, please contact us. Dividends are paid on the last day of the month to accountholders who have maintained the Minimum Balance to Earn Dividends as provided by Program type and compound monthly.


1

APY= Annual Percentage Yield. Fees could reduce earnings on the account. Rates are subject to change without notice. The rate may change after the account is opened. The APY is accurate as of the last dividend declaration date.

MONEY MARKET ACCOUNTS

Savings Rates as of July 19, 2024
Minimum Balance to OpenMinimum Balance to Earn DividendsAPY 1APR
$2,500$2,5000.05%0.050%
$2,500$25,0000.10%0.100%
$2,500$50,0000.20%0.199%
$2,500$100,0000.30%0.299%
$2,500$250,0000.40%0.399%

Last Dividend Declaration Date: November 29, 2023. The dividend rates and annual percentage yields are accurate as of the last dividend declaration date. If you require current rate information, please contact us. Dividends are paid on the last day of the month to accountholders who have maintained the Minimum Balance to Earn Dividends as provided by Program type and compound monthly.


1

APY= Annual Percentage Yield. Fees could reduce earnings on the account. Rates are subject to change without notice. The rate may change after the account is opened. The APY is accurate as of the last dividend declaration date.

Credit Union 1 is celebrating 65 years of helping individuals, families and communities reach their financial goals.
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