Annual Percentage Yield is the percentage rate which reflects the total amount of dividends to be paid on an account based on the dividend rate (annual percentage rate) and the frequency of compounding. The APY is the rate quoted to members inquiring about deposit rates.

Annual Percentage Yield Earned reflects the total amount of dividends actually earned for the statement period based on the actual average daily balance in the account. The APYE is affected by deposits and withdrawals made during the statement period.