What are your share rates?

Effective January 8, 2010

Share Accounts
Account Type	Minimum Deposit	Amount			Dividend Rate	APY
Savings	None	None			0.25	0.25
Advantage Checking	None	None			None	None
Advantage Plus Checking	$1000	None			0.10	0.10
eVelocity Checking¹	None	Up to 10,000			2.96	3.00
eVelocity Checking¹	None	$10,000.01 and above			0.25	0.25
Christmas Club Offered October through January only	None	None			1.15	1.16
IRA Contributory Savings	$100	None			0.69	0.69
Health Savings Account	None	None			1.25	1.26
Bridal Registry Account	None	None			0.10	0.10
Advantage High Yield Money Market	$2000	Up to		24,999.99	0.24	0.24
		25,000	to	49,999.99	0.32	0.32
		50,000	to	74,999.99	0.44	0.44
		75,000	to	99,999.99	0.56	0.56
		100,000	and above		0.77	0.77

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Anonymous

Posted: 12:05:20 PM on 10/28/2009	Approved: 2:24:07 PM on 10/28/2009
Points Awarded: 1 (1 Rating)

Could you please explain why rates are half what they were last year? With your current lending rates and services staying the same I am wondering why my return is so much less.

Editor Kimberly L. says: There are a lot of complex factors used in determining rates, probably more than we can explain here. While both rates vary, they are not directly tied to one another. One factor is based on supply/demand. When a financial institution is seeking deposits, they will often offer higher savings rates for a period of time. When seeking loans, they will often offer lower loan rates for a period of time. These 2 items will vary based on the supply and demand by our members for the individual products and the general ecomony, much as you would see prices vary for popular items in a store. So, based on the needs of the credit union and our members one rate my go up while the other goes down. We would be happy to speak with you to see how we can help you maximize the return on your savings. Just click the contact link above.

Anonymous

Posted: 7:49:03 PM on 7/6/2009	Approved: 11:44:23 AM on 7/7/2009
Points Awarded: 1 (1 Rating)

tell me your apr rate for your money market

Editor Kimberly L. says: The Truth in Savings regulation requires that we post the annual percentage yield, which allows you to easily compare deposit yields across various products or financial institutions. If you would still like to determine the annual percentage rate (APR) you may contact us by sending an email, eBranch message or by phone.

All information provided through this site is intended to be accurate. However, there may be inaccuracies from time to time which we will make every attempt to correct immediately. Information provided is intended to assist you in making decisions and does not eliminate the need to discuss your particular circumstances with a qualified professional.

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