Current Rates Effective Wednesday, October 2, 2017 

Share Savings Certificate of Deposit Programs

Term/Months
Minimum Balance
Dividend Paid
APR Rate %
APY Yield %
6
$500.00
Term
0.0700%
0.07%
12
$500.00
Quarterly
0.1199%
0.12%
18
$1,000.00
Quarterly
0.1998%
0.20%
24
$1,000.00
Quarterly
0.2996%
0.30%
30
$1,000.00
Quarterly
0.3494%
0.35%
36
$1,000.00
Quarterly
0.3992%
0.40%

All Certificates have Add-On Capability

Special Certificate of Deposit Programs

Term/Months
Minimum Balance
Dividend Paid
APR Rate %
APY Yield %
24
$1,000.00
(new money only)
Quarterly
1.0000%
1.00%
36
$1,000.00
(new money only)
Quarterly
1.2500%
1.25%

IRA Traditional and Roth Share Certificate of Deposit Programs

Term/Months
Minimum Balance
Dividend Paid
APR Rate %
APY Yield %
12
$500.00
Quarterly
0.2497%
0.25%
18
$500.00
Quarterly
0.2996%
0.30%
24
$500.00
Quarterly
0.3494%
0.35%
36
$500.00
Quarterly
0.3992%
0.40%

Jumbo Share Savings Certificate of Deposit

Term/Months
Minimum Balance
Dividend Paid
APR Rate %
APY Yield %
12
80,000.00
Monthly/Quarterly
0.1998%
0.20%

Disclosure for Share Savings and IRA Certificates of Deposit

The stated rate will be paid until the first maturity date of the Share Savings Certificate of Deposit.  The annual percentage yield assumes that interest remains on deposit until maturity.  A withdrawal may reduce earnings.  Interest begins to accrue on the business day you deposit any non-cash item (for example, checks).

Early Withdrawal Penalty: You may not withdraw any principal amount from this Share Savings Certificate of Deposit before maturity without our consent. If we permit such a withdrawal, you will have to pay a penalty of one hundred and eighty (180) days interest earned or to be earned, on the amount withdrawn, to the scheduled maturity date at the nominal (simple interest) rate in effect during the term and the certificate will be closed.

Automatic Renewal: Share Savings Certificates of Deposit will automatically renew on the maturity date.  Unless you notify us in writing either before the maturity date or within a grace period of 10 calendar days after the maturity date this certificate of deposit will renew for a new term as long as the original term and at the rate then in effect at United Credit Union for similarly issued Share Savings Certificates of Deposits of like term.  If you prevent automatic renewal, no dividend will accrue after the maturity date.  We can also prevent automatic renewal if we notify you in writing 30 days before a maturity date that we do not intend to renew this account.  You must withdraw the funds within the grace period to avoid being charged a penalty.


Regular Share Savings Account
Minimum Balance Required
to Earn Dividend
APR Rate %
APY Yield %
$500.00 – $20,000.00
0.03%
0.0300%
$20,000.01 – $50,000.00
0.07%

0.0700%

$50,000.01 +
0.10%
0.1000%
The dividend rates on Share Savings are declared at the end of each quarter.  Dividends are calculated by the daily balance method and paid quarterly.  The Annual Percentage Yield (APY) is based on the minimum daily balance being maintained each day.

Savings Incentive Account
Minimum Balance Required
to Earn Dividend
APR Rate %
APY Yield %
$500.00 +
0.03%
0.0300%


Holiday and Vacation Club Accounts
Minimum Balance Required
to Earn Dividend
APR Rate %
APY Yield %
$100.00
0.03%
0.0300%
The dividend rates on Holiday and Vacation Savings are declared at the end of each quarter.
Checking Accounts
Minimum Balance Required
to Earn Dividend
APR Rate %
APY Yield %
$500.00
0.03%
0.0300%

Money Market
Minimum Balance
APR
APY
Dividend Paid
$500 – $20,000 0.05% 0.050% Quarterly
$20,000.01 – $50,000.00 0.10% 0.100%
$50,000.01 and greater 0.15% 0.150%

United Credit Union Savings Rates are competitive in the financial marketplace and are updated regularly for members contemplating making financial decisions. The rates are subject to change without notice. If you have any questions please call any of our Financial Service Centers and ask for a Personal Financial Representative.

Fees and conditions may reduce your earnings on your account. Dividends are calculated on the daily balance in the account at the simple interest rate compounded daily and paid per the account agreement. NCUA requires that dividend payment is subject to adequate earnings and reserves in the Credit Union.

Your money is safe because it is insured by the National Credit Union Share Insurance Fund (NCUSIF) at no cost to you, our member. The NCUSIF provides all members of federally insured credit unions with $250,000.00 in coverage for their individual accounts. These accounts include regular shares, checking, money market accounts, and share certificates. This share insurance protection is provided by the National Credit Union Administration (NCUA), and backed by the full faith and credit of the United States Government.

United Credit Union has always made SAFETY of our members’ funds our top priority. Security and peace of mind are vital to every member. United Credit Union is PROUD to assure all members that their money is always insured by the best.

Additionally, United Credit Union provides to its members Excess Share Insurance (ESI). In addition to the NCUA share insurance, your excess Share Savings, Traditional IRA or Roth IRA Savings are insured to a maximum of $250,000.00.

Altogether, between NCUA and ESI, a member’s funds are insured up to an aggregate total of $500,000.00.

NCUA