Business Deposit Rates
|
Account Type |
Dividend Rate |
APY* |
Min. to Open |
Compounded/Credited |
Min. to Earn APY* |
|---|---|---|---|---|---|
|
Current APY as of 9/1/2023. Rates are subject to change at any time and are not guaranteed. For additional information on your account please refer to the Business Fee Schedule. |
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|
Account Type Advantage Business Checking |
Dividend Rate n/a |
APY* n/a |
Min. to Open None |
Compounded/Credited n/a |
Min. to Earn APY* n/a |
|
Account Type Non-Profit Business Checking |
Dividend Rate 0.05% |
APY* 0.05% |
Min. to Open None |
Compounded/Credited Quarterly/Quarterly |
Min. to Earn APY* $1,000 |
|
Account Type Premier Business Checking |
Dividend Rate 0.05% |
APY* 0.05% |
Min. to Open None |
Compounded/Credited Quarterly/Quarterly |
Min. to Earn APY* $2,500 |
|
Account Type |
Dividend Rate |
APY* |
Min. to Open |
Compounded/Credited |
Min. to Earn APY* |
|---|---|---|---|---|---|
|
Current APY as of 9/18/2023. Rates are subject to change at any time and are not guaranteed. For additional information on your account please refer to the Business Fee Schedule. |
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|
Account Type Regular Savings |
Dividend Rate 0.05% |
APY* 0.05% |
Min. to Open $5 |
Compounded/Credited Quarterly/Quarterly |
Min. to Earn APY* $100 |
|
Average Daily Balance** |
Dividend Rate |
Annual Percentage Yield (APY) |
|---|---|---|
|
*APY = Annual Percentage Yield. ** Average Daily Balance required to earn dividends. The Money Market Account tier dividend rates and APY as of 9/18/2023 are subject to change daily. Dividends compounded monthly. Fees may reduce earnings. If you have any questions or require current rate information please call the credit union at 757-886-3333. |
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|
Average Daily Balance** $0 – $24,999.99 |
Dividend Rate 0.00% |
Annual Percentage Yield (APY) 0.00% |
|
Average Daily Balance** $25,000.00 – $49,999.99 |
Dividend Rate 2.472% |
Annual Percentage Yield (APY) 2.50% |
|
Average Daily Balance** $50,000.00 – $74,999.99 |
Dividend Rate 2.716% |
Annual Percentage Yield (APY) 2.75% |
|
Average Daily Balance** $75,000.00 – $99,999.99 |
Dividend Rate 2.716% |
Annual Percentage Yield (APY) 2.75% |
|
Average Daily Balance** $100,000.00 – $249,999.99 |
Dividend Rate 2.960% |
Annual Percentage Yield (APY) 3.00% |
|
Average Daily Balance** $250,000 – $499,999.99 |
Dividend Rate 3.445% |
Annual Percentage Yield (APY) 3.50% |
|
Average Daily Balance** $500,000 – $999,999.99 |
Dividend Rate 3.445% |
Annual Percentage Yield (APY) 3.50% |
|
Average Daily Balance** $1,000,000 and up |
Dividend Rate 3.928% |
Annual Percentage Yield (APY) 4.00% |
|
Average Daily Balance** |
Dividend Rate |
Annual Percentage Yield (APY) |
|---|---|---|
|
*APY = Annual Percentage Yield. ** Average Daily Balance required to earn dividends. The Money Market Account tier dividend rates and APY as of 9/18/2023 are subject to change daily. Dividends compounded monthly. Fees may reduce earnings. If you have any questions or require current rate information please call the credit union at 757-877-2444. |
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|
Average Daily Balance** $1,000.00 – $2,499.99 |
Dividend Rate 0.00% |
Annual Percentage Yield (APY) 0.00% |
|
Average Daily Balance** $2,500.00 – $9,999.99 |
Dividend Rate 0.50% |
Annual Percentage Yield (APY) 0.50% |
|
Average Daily Balance** $10,000.00 – $24,999.99 |
Dividend Rate 0.648% |
Annual Percentage Yield (APY) 0.65% |
|
Average Daily Balance** $25,000.00 – $49,999.99 |
Dividend Rate 0.648% |
Annual Percentage Yield (APY) 0.65% |
|
Average Daily Balance** $49,999.99 – $74,999.99 |
Dividend Rate 0.648% |
Annual Percentage Yield (APY) 0.65% |
|
Average Daily Balance** $75,000.00 – $99,999.99 |
Dividend Rate 0.747% |
Annual Percentage Yield (APY) 0.75% |
|
Average Daily Balance** $100,000 – $249,999.99 |
Dividend Rate 0.747% |
Annual Percentage Yield (APY) 0.75% |
|
Average Daily Balance** $250,000 – $499,999.99 |
Dividend Rate 0.995% |
Annual Percentage Yield (APY) 1.00% |
|
Average Daily Balance** $500,000 – $999,999.99 |
Dividend Rate 1.094% |
Annual Percentage Yield (APY) 1.10% |
|
Average Daily Balance** $1,000,000 and up |
Dividend Rate 1.440% |
Annual Percentage Yield (APY) 1.45% |
|
Share Certificate |
Dividend Rate |
Annual Percentage Yield (APY) |
|---|---|---|
|
*Member has option to bump up rate one (1) time during term. Dividends calculated on average daily balance and compounded quarterly. The rates listed are accurate and effective as of 9/18/2023. Rates & terms are subject to change without notification. A penalty and/or account closure will be imposed for withdrawals before maturity. For additional information on your account please refer to the Business Fee Schedule. |
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|
Share Certificate 6 Month |
Dividend Rate 3.698% |
Annual Percentage Yield (APY) 3.75% |
|
Share Certificate 12 Month |
Dividend Rate 0.996% |
Annual Percentage Yield (APY) 1.00% |
|
Share Certificate 13 Month |
Dividend Rate 4.909% |
Annual Percentage Yield (APY) 5.00% |
|
Share Certificate 15 Month |
Dividend Rate 5.198% |
Annual Percentage Yield (APY) 5.30% |
|
Share Certificate 24 Month |
Dividend Rate 2.966% |
Annual Percentage Yield (APY) 3.00% |
|
Share Certificate 36 Month |
Dividend Rate 2.722% |
Annual Percentage Yield (APY) 2.75% |
|
Share Certificate 40 Month* |
Dividend Rate 1.990% |
Annual Percentage Yield (APY) 2.00% |
|
Share Certificate 48 Month |
Dividend Rate 2.722% |
Annual Percentage Yield (APY) 2.75% |
|
Share Certificate 55 Month |
Dividend Rate 2.722% |
Annual Percentage Yield (APY) 2.75% |
|
Share Certificate 60 Month |
Dividend Rate 2.722% |
Annual Percentage Yield (APY) 2.75% |