Checking and Savings Rates
Certificates and IRAs
| Term | Minimum Balance | Dividend Rate | APY | Star Member Dividend Rate | Star Member APY |
|---|---|---|---|---|---|
| 60 months | $500 | 3.55% | 3.60% | 3.60% | 3.65% |
| 48 months | $500 | 3.50% | 3.55% | 3.55% | 3.60% |
| 36 months | $500 | 3.80% | 3.85% | 3.84% | 3.90% |
| 24 months | $500 | 3.84% | 3.90% | 3.89% | 3.95% |
| 12 months | $500 | 3.94% | 4.00% | 3.99% | 4.05% |
| 11 months* | $500 | 4.43% | 4.50% | 4.47% | 4.55% |
| 6 months | $500 | 3.89% | 3.95% | 3.94% | 4.00% |
| 3 months | $500 | 3.70% | 3.75% | 3.75% | 3.80% |
APY=Annual Percentage Yield. Dividends are compounded and credited quarterly. A penalty may be charged for Certificate early withdrawal.
*11-month Certificate Accounts will automatically renew for a 12-month Certificate at the current rate available at the time of renewal, unless instructed to do otherwise by the member on or before the maturity date.
Star Members: Star Members are eligible to receive a 0.05% APY higher than Regular and IRA Certificates of the same type and term. A Star Member is a member who has a total of $25,000 in combined deposits and/or loans. Business and Association accounts are not eligible for the Star Member Program.
Jumbo Certificates
| Term | Minimum Balance | Dividend Rate | APY | Star Member Dividend Rate | Star Member APY |
|---|---|---|---|---|---|
| 60 months | $100,000 | 3.60% | 3.65% | 3.65% | 3.70% |
| 48 months | $100,000 | 3.55% | 3.60% | 3.60% | 3.65% |
| 36 months | $100,000 | 3.84% | 3.90% | 3.89% | 3.95% |
| 24 months | $100,000 | 3.89% | 3.95% | 3.94% | 4.00% |
| 12 months | $100,000 | 3.99% | 4.05% | 4.04% | 4.10% |
| 11 months* | $100,000 | 4.47% | 4.55% | 4.52% | 4.60% |
| 6 months | $100,000 | 3.94% | 4.00% | 3.99% | 4.05% |
| 3 months | $100,000 | 3.75% | 3.80% | 3.80% | 3.85% |
APY=Annual Percentage Yield. Dividends are compounded and credited quarterly. A penalty may be charged for Certificate early withdrawal.
*11-month Certificate Accounts will automatically renew for a 12-month Certificate at the current rate available at the time of renewal, unless instructed to do otherwise by the member on or before the maturity date.
Jumbo Certificate: A Jumbo Certificate can be opened with a minimum balance of $100,000. APYs, terms and disclosures also apply to IRA Certificates and individual retirement accounts.
Star Members: Star Members are eligible to receive a 0.05% APY higher than Regular and IRA Certificates of the same type and term. A Star Member is a member who has a total of $25,000 in combined deposits and/or loans. Business and Association accounts are not eligible for the Star Member Program.
Money Market and IRAs
| Account Type | Minimum Balance | Dividend Rate | APY |
|---|---|---|---|
| Money Market - Tier One | $2,500 | 1.00% | 1.00% |
| Money Market - Tier Two | $20,000 | 1.14% | 1.15% |
| Money Market - Tier Three | $100,000 | 1.54% | 1.55% |
| IRA Money Market - Tier One | $2,500 | 1.00% | 1.00% |
| IRA Money Market - Tier Two | $20,000 | 1.14% | 1.15% |
| IRA Money Market - Tier Three | $100,000 | 1.54% | 1.55% |
| IRA Account | $5 | .01% | .01% |
Checking and Savings
| Account Type | Minimum Balance | Dividend Rate | APY |
|---|---|---|---|
| Dividend Checking1 | $500 | 0.05% | 0.05% |
| Regular Savings2 | $5 | 0.01% | 0.01% |
| Special Purpose Club2 | - | 0.01% | 0.01% |
| Premium Summer Pay Tier One1, 3 | - | 1.98% | 2.00% |
| Premium Summer Pay Tier Two1, 3 | $20,000 | 0.01% | 0.01% |
APY=Annual Percentage Yield.
1 Dividends are compounded and credited monthly.
2 Dividends are compounded and credited quarterly.
3 The Premium Summer Pay account is only available for Direct Deposits received from qualifying school systems and community colleges. The Tier One Annual Percentage Yield (APY) applies to average daily balances up to $20,000. The Tier Two APY applies to average daily balances above $20,000. Rates are subject to change without notice. Fees could reduce earnings. Automatic distributions can be made to an Educational Systems FCU savings or checking account, or to another financial institution in four equal proportions on the first and third Friday of July and August. Withdrawals are restricted to summer disbursals in July and August. A $35 fee will be assessed for each early withdrawal made outside of this time period.
