Savings Rates

Join Now
Holiday Savings Club

Holiday Savings Club

NOMINAL DIVIDEND RATE .50%
ANNUAL PERCENTAGE YIELD (APY) .50%
MINIMUM OPENING BALANCE $25.00
DIVIDEND CALCULATION Earned Daily
DIVIDEND POSTED Last Day of Month
PENALTY FOR CLOSING PRIOR TO NOVEMBER 1ST $10.00
ENROLLMENT PERIOD December 1st - February 28th
ADDITIONAL DEPOSITS REQUIRED BY PAYROLL DEDUCTION/AFT Minimum $20 monthly deposit required
MATURITY The 1st business day of November the balance will transfer to a designated account.
MAXIMUM DEPOSIT $5,000.00

Regular Share (Savings)

MINIMUM OPENING BALANCE $5.00 $1,000.00 $5,000.00
MINIMUM BALANCE REQUIRED $5.00-$999.99 $1,000.00-$4,900.00 $5,000.00
MINIMUM BALANCE TO EARN STATED APY $5.00 $1,000.00 $5,000.00
DIVIDEND RATE .05% .10% .15%
ANNUAL PERCENTAGE YIELD (APY) .05% .10% .15%
DIVIDEND COMPOUNDED AND CREDITED Quarterly Quarterly 1Quarterly
DIVIDEND PERIOD Quarterly Quarterly  

Preferred Share Investment (PSI) and Money Market Accounts

PSI BALANCE $5,000-$24,999.99 $25,000-$49,999.99 $50,000
NOMINAL DIVIDEND RATE .10% .20% .30%
ANNUAL PERCENTAGE YIELD (APY) .10% .20% .30%
MINIMUM BALANCE $5,000.00 $25,000.00 $50,000.00
DIVIDEND CALCULATION .05% .10% .15%
DIVIDEND COMPOUNDED AND CREDITED Earned Daily Earned Daily Earned Daily
DIVIDEND POSTED Last Day of Month Last Day of Month Last Day of Month
PENALTY If closed prior to month end, dividend is forfeited.

Individual Retirement Accounts

(Traditional, Roth and Coverdell Education Savings Account)

DIVIDEND RATE .25%
ANNUAL PERCENTAGE YIELD (APY) .25%
MINIMUM OPENING BALANCE $50.00
MINIMUM BALANCE REQUIRED $50.00
MINIMUM BALANCE TO EARN STATED APY $50.00
DIVIDEND COMPOUNDED AND CREDITED Quarterly
DIVIDEND PERIOD Quarterly

Term Share Certificates and Individual Retirement Accounts Invested as Term Share Certificates

MINIMUM BALANCE REQUIRED $1,000.00 $25,000.00
MINIMUM BALANCE TO EARN STATED $1,000.00 $25,000.00
MINIMUM OPENING BALANCE $1,000.00 $25,000.00
DIVIDEND RATE 6 month... .25%
12 month... .35%
24 month... .45%
6 month... .30%
12 month... .40%
24 month... .50%
ANNUAL PERCENTAGE YIELD (APY) 6 month... .25%
12 month... .35%
24 month... .45%
6 month... .30%
12 month... .40%
24 month.. .50%
DIVIDEND COMPOUNDED AND CREDITED Monthly Monthly
DIVIDEND PERIOD Monthly Monthly

 

*Additional deposits permitted ($500 minimum each deposit)

*Bump up feature (one time option to increase the rate during the term to an equivalent SCCU term share certificate)

CU Succeed Certificate (for our young members)

DIVIDEND RATE 12 month... .35%
ANNUAL PERCENTAGE YIELD (APY) 12 month... .35%
MINIMUM OPENING BALANCE $100.00
MINIMUM REQUIRED MONTHLY DEPOSIT $10.00
DIVIDEND CALCULATION Earned Daily
DIVIDEND POSTED Monthly
PENALTY 90 Days Accrued/Paid Dividends
MAXIMUM CERTIFICATE $25,000.00