Want to retain access to your money without sacrificing earning potential? Money Maker Savings makes this no-brainer possible. Take advantage of competitive, tiered rates that earn more on higher balances. And get those high rates without locking away funds in long-term certificates. Saving doesn’t have to be an either/or scenario. Get the best of both worlds with Money Maker Savings.
* According to federal Regulation D, all financial institutions limit the total number of electronic transfers or withdrawals from all savings and money market accounts to six (6) transactions per month. These six transfers may include online home banking, telephone, preauthorized, automatic, or point-of-sale transactions as well as overdraft protection. You can perform six (6) electronic transfers or withdrawals per savings account you have with the credit union. In-branch and ATM transactions do not apply toward the transfer limitations.
|Account Type||Minimum Required Opening Deposit||Deposit/Balance Tiers||Prospective Dividend Rates||Prospective APY|
|Checking - Traditional (Not available on new accounts)||$10.00||—||0.01%||0.01%|
|Student Checking||$10.00||—||No Dividends||—|
|Health Savings Account||—||—||0.05%||0.05%|
|Savings IRA||$1.00||$0.00 - $2,000.00||0.03%||0.03%|
|$1.00||$2,001.00 - $20,000.00||0.04%||0.04%|
|$1.00||$20,001.00 - $80,000.00||0.05%||0.05%|
|$1.00||$80,001.00 & Up||0.06%||0.06%|
|Money Maker Account||$2,000.00||$0.00 - $2,000.00||0.01%||0.01%|
|$2,000.00||$2,001.00 - $20,000.00||0.03%||0.03%|
|$2,000.00||$20,001.00 - $80,000.00||0.04%||0.04%|
|$2,000.00||$80,000.00 & Up||0.05%||0.05%|
Effective Date: October 11, 2016
APY = Annual Percentage Yield