Savings & Checking

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DIVIDEND BEARING CHECKING ACCOUNTS

Savings Rates as of August 19, 2019
ProgramMinimum Balance to OpenMinimum Balance to Earn DividendsAPY 1APR
Student Express Checking$25 or $500 Direct DepositDoes not earn dividendsn/an/a
Express Checking$25 or $500 Direct DepositDoes not earn dividendsn/an/a
Express Plus Checking$500$.010.10%0.100%
Express Premium Plus Checking$500 and aggregate relationship with CU1 of $50,000$.010.15%0.150%

Dividends are calculated using Average Daily Balance and are paid and compounded 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.

SAVINGS ACCOUNTS

Savings Rates as of August 19, 2019
ProgramMinimum Balance to OpenMinimum Balance to Earn DividendsAPY 1APR
Primary Savings$5$50.15%0.150%
Secondary Savings$0$.010.15%0.150%
Vacation Club$0$.010.15%0.150%
Christmas Club$0$.010.15%0.150%
High Yield Savings 2$0$12.00%1.982%

Dividends are calculated using Daily Balance and are paid and compounded 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

At this time, we are not opening new High Yield Savings accounts. For existing High Yield Savings accounts, 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 August 19, 2019
TermMinimum Balance to Open and Earn DividendsAPY 1APREarly Withdrawal Penalty 2
6 Months$1,0001.05%1.045%90 Days’ Dividends
12 Months$1,0001.50%1.490%90 Days’ Dividends
24 Months$1,0002.15%2.129%180 Days’ Dividends
36 Months$1,0002.35%2.325%270 Days’ Dividends
48 Months$1,0002.45%2.423%270 Days’ Dividends
60 Months$1,0002.55%2.521%270 Days’ Dividends

Dividends are calculated using Daily Balance and are paid and compounded 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 August 19, 2019
TermMinimum Balance to Open and Earn DividendsAPY 1APREarly Withdrawal Penalty 2
6 Months$10,0001.15%1.144%90 Days’ Dividends
12 Months$10,0001.65%1.638%90 Days’ Dividends
24 Months$10,0002.20%2.178%180 Days’ Dividends
36 Months$10,0002.45%2.423%270 Days’ Dividends
48 Months$10,0002.55%2.521%270 Days’ Dividends
60 Months$10,0002.65%2.618%270 Days’ Dividends

Dividends are calculated using Daily Balance and are paid and compounded 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 August 19, 2019
TermMinimum Balance to Open and Earn DividendsAPY 1APREarly Withdrawal Penalty 2
6 Months$1,0001.20%1.193%90 Days’ Dividends
12 Months$1,0001.75%1.736%90 Days’ Dividends
24 Months$1,0002.25%2.227%180 Days’ Dividends
36 Months$1,0002.55%2.521%270 Days’ Dividends
48 Months$1,0002.65%2.618%270 Days’ Dividends
60 Months$1,0002.75%2.716%270 Days’ Dividends

Dividends are calculated using Daily Balance and are paid and compounded 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 August 19, 2019
TermMinimum Balance to Open and Earn DividendsAPY 1APREarly Withdrawal Penalty 2
6 Months$10,0001.25%1.243%90 Days’ Dividends
12 Months$10,0001.85%1.835%90 Days’ Dividends
24 Months$10,0002.35%2.325%180 Days’ Dividends
36 Months$10,0002.65%2.618%270 Days’ Dividends
48 Months$10,0002.75%2.716%270 Days’ Dividends
60 Months$10,0002.85%2.813%270 Days’ Dividends

Dividends are calculated using Daily Balance and are paid and compounded 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 August 19, 2019
ProgramMinimum Balance to OpenMinimum Balance to Earn DividendsAPY 1APR
Savings IRA$0$.010.15%0.150%
Savings ROTH IRA$0$.010.15%0.150%
Savings Education IRA$0$.010.15%0.150%

Dividends are calculated using Daily Balance and are paid and compounded 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 August 19, 2019
Minimum Balance to OpenMinimum Balance to Earn DividendsAPY 1APR
$2,500$2,500.85%0.847%
$2,500$10,000.90%0.896%
$2,500$25,000.95%0.946%
$2,500$50,0001.00%0.995%

Dividends are calculated using Daily Balance and are paid and compounded 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.

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