Savings Rates
Effective 12/2009
Share Savings
|
Account
Balance |
Annual
Dividend
Rate |
Annual
Percentage
Yield |
|
$2,500.01
-
$5,000 |
0.15% |
0.160% |
|
$5,000.01
or
greater |
0.20% |
0.20% |
Share Certificate
Account
Rates are effective
12/2011
Minimum Opening Deposit:
$10,000.00
Interest Compounded:
Quarterly
Interest Credited:
Quarterly
|
Bonus
Rate
for
Share
Certificates
of
$10,000
or
more |
Interest
Rate |
APY |
|
91
Day |
.0% |
.0% |
|
182
Day |
.0% |
.0% |
|
1
Year |
.420% |
.42% |
|
2
Year |
.690% |
.692% |
|
5
Year |
1.260% |
1.267% |
IRA Account Disclosures
| Account Type |
Minimum
Opening Balance |
Minimum
Balance to earn Dividends |
| Share IRA |
$5.00 for all types |
$100 for all types |
| Roth IRA |
| Education IRA |
Dividend Compounded: Quarterly
Dividends Credited: Quarterly
Dividend Period: Quarterly (calendar)
IRA Rates
|
Account
Balance |
Dividend
Rate |
Annual
Percentage
Yield |
|
$25
-
$9,999.99 |
.75% |
.772% |
|
$10,000
-
$24,999.99 |
.88% |
.884% |
|
$25,000
-
$49,999.99 |
1.00% |
1.005% |
|
$50,000
or
greater |
1.13% |
1.135% |
Share Checking Account
Free Share Checking accounts
at Shared Resources Credit
Union offer several
advantages:
- $300 Courtesy Pay -
save you the
embarrassment and
expense of returned
checks
- No monthly service
charges, regardless of
balance
- Free VISA Check
Cards
- Dividends are
computed by the daily
balance method
- Dividends are
compounded and paid
monthly
- FREE Internet Bill
Paying
- FREE Online Account
Access
|
Account Type |
Minimum Opening
Balance |
Minimum Balance to
earn Dividends |
|
Share Checking |
$50 |
$2,500.01 |
Dividend Compounded:
Monthly
Dividends Credited:
Monthly
Dividend Period: Monthly
(calendar)
Rates
|
Account
Balance |
Annual
Dividend
Rate |
Annual
Percentage
Yield |
|
$2,500.01
-
$5,000 |
0.15% |
0.160% |
|
$5,000.01
or
greater |
0.20% |
0.20% |
Christmas Club Account
|
Account Type |
Minimum Opening
Balance |
Minimum Balance to
earn Dividends |
|
Christmas Club |
$5.00 |
$5.00 |
Dividend Compounded:
Quarterly
Dividends Credited:
Quarterly
Dividend Period:
Quarterly (calendar)
Rates
|
Annual
Dividend
Rate |
Annual
Percentage
Yield |
|
.35% |
.36% |
Money Market Account
Disclosures
|
Account Type |
Minimum Opening
Balance |
Minimum Balance to
earn Dividends |
|
Money Market |
$2,500 |
$2,500 |
Dividend Compounded:
Monthly
Dividends Credited:
Monthly
Dividend Period: Monthly
(calendar)
Rates
|
Annual
Dividend
Rate |
Annual
Percentage
Yield |
|
.40% |
.40% |
Senior Account Disclosures
|
Account Type |
Minimum Opening
Balance |
Minimum Balance to
earn Dividends |
|
Senior |
$5.00 |
$5.00 |
Dividend Compounded:
Quarterly
Dividends Credited:
Quarterly
Dividend Period:
Quarterly (calendar)
Rates
|
Annual
Dividend
Rate |
Annual
Percentage
Yield |
|
.35% |
.36% |
Youth Account Disclosures
|
Account Type |
Minimum Opening
Balance |
Minimum Balance to
earn Dividends |
|
Youth (ages 12-17) |
$5.00 |
$5.00 |
|
Small Change (ages
0-11) |
$1.00 |
$1.00 |
Dividend Compounded:
Quarterly
Dividends Credited:
Quarterly
Dividend Period:
Quarterly (calendar)
|
Annual
Dividend
Rate |
Annual
Percentage
Yield |
|
.35% |
.36% |
|
Annual
Dividend
Rate |
Annual
Percentage
Yield |
|
.35% |
.36% |
All rates quoted in
Annual Percentage Rate.
Actual rates may vary based
upon credit qualifications
and are subject to change
without prior notification.
|
