Save money, secure your future. Let us make it easy for you. Our savings account features:
Just another way to save or keep your tax, college or other funds separate from your regular savings
The holidays always seem to sneak up on us. Prepare for next year's holiday expenses by opening a Christmas Club account, no matter what time of year it is.
Here's how it works:
Stop dreaming about taking that luxury cruise or family vacation and start saving! Open a Vacation Club Account and you can set aside money throughout the year to make your vacation dreams come true.
MONEYPlus Money Market Account
If you're seeking higher earning power with some flexibility, a MONEYPlus Account could be your answer. MONEYPlus Accounts earn higher money market rates with limited withdrawal options. Funds are easily accessible with free personalized checks and no set term or maturity.
Certificate of Deposit
Certificates of Deposit are available with various maturities and minimum deposits. Interest can be compounded, deposited to your savings account, checking account, or mailed to you. There is a penalty for early withdrawal from a certificate.
|Effective Date: Monday, February 27th, 2017|
|Term||Annual Percentage Rate (APR)||Annual Percentage Yield (APY)||Dividends Compounded & Credited||Minimum Balance to Earn Dividends|
|7 Month Youth CD||4.000%||4.000%||Monthly (see below)||$500 - $700|
|6 Month||0.300%||0.300%||Monthly||$500 and over|
|12 Month||0.450%||0.451%||Monthly||$500 and over|
|24 Month||0.600%||0.602%||Monthly||$500 and over|
|36 Month||0.747%||0.750%||Monthly||$500 and over|
|All certificates require a $500 minimum balance to open the account and earn the stated APY. For 7 Month Youth Certificate accounts, any accrued dividends will be transferred to your share account monthly; only the principal amount will renew. Substantial penalty for early withdrawal. Call the credit union for complete disclosures at 989-791-7070 ext. 3503.|
Individual Retirement Accounts
IRAs earn excellent rates while providing you with a tax shelter for your retirement. Interest is paid monthly. There are no fees for this service.