Checking and Savings Rates - Episcopal FCU

Checking and Savings Rates

As of July 17, 2014.

This Interest Rate Schedule reflects the interest rates to specified accounts and fees common to all accounts.  This schedule is incorporated as a part of your account agreement with Episcopal Federal Credit Union. The dividend rate and Annual Percentage Yield (APY) stated are the most recent within seven calendar days and were accurate as of July 17, 2014.

Basic Accounts

Type Minimum
Opening
Balance
Minimum
To Earn
Dividend
Dividend
Rate
Annual
Percentage
Yield
Dividend
Declaration
Date
Regular/Special Share Acounts Variable $25 $100 Monthly
Tier I   $100 – $999 0.05% 0.05%
Tier 2   $1,000 – $4,999 0.05% 0.05%
Tier 3   $5,000 – $14,999 0.05% 0.05%
Tier 4   $15,000 – $24,999 0.05% 0.05%
Tier 5   $25,000 – $49,999 0.05% 0.05%
Tier 6   $50,000 – $99,999 0.05% 0.05%
Tier 7   $100,000 – Over 0.05% 0.05%
Youth Share Account Variable $5 $1 0.10% 0.10% Monthly
Christmas Club Variable $0 $1 0.10% 0.15% Monthly

Share Draft Accounts

Minimum
Opening
Balance
Minimum
To Earn
Dividend

Dividend
Rate
Annual
Percentage
Yield
Premium $25 $400 0.05% 0.05%
Golden $25 $1 0.05% 0.05%
Corporate $25 $500 0.05% 0.05%

Money Market Multiplier

Tier Dividend Rate Annual Percentage Yield
Tier I    $2,000 – $4,999 0.10% 0.10%
Tier 2   $5,000 – $9,999 0.10% 0.10%
Tier 3   $10,000 – $24,999 0.10% 0.10%
Tier 4   $25,000 – $49,999 0.10% 0.10%
Tier 5   $50,000 – $99,999 0.10% 0.10%
Tier 6   $100,000 and over 0.10% 0.10%

Certificate Accounts

Minimum Opening Balance 6 months
Rate/APY
12 months
Rate/APY
24 months
Rate/APY
36 months
Rate/APY
60 months
Rate/APY
$1,000 – $4,999 .15%/.15% .35%/.35% .50%/.50% .70%/.70% 1.20%/1.21%
$5,000 – $14,999 .15%/.15% .35%/.35% .50%/.50% .70%/.70% 1.20%/1.21%
$15,000 – $29,999 .15%/.15% .35%/.35% .50%/.50% .70%/.70% 1.20%/1.21%
$30,000 – $49,999 .15%/.15% .35%/.35% .50%/.50% .70%/.70% 1.20%/1.21%
$50,000 – $99,999 .15%/.15% .35%/.35% .50%/.50% .70%/.70% 1.20%/1.21%
$100,000 and over .15%/.15% .35%/.35% .50%/.50% .70%/.70% 1.20%/1.21%
NOTE: APY = Annual Percentage Yield.  Dividends are paid quarterly.

Retirement Accounts

Opening Bal. Min. for Div. Div. Rate APY Div. Dec. Date
Traditional/ROTH IRA Shares Variable $0 $1 0.10% 0.10% Monthly
24-Mo Trad/ROTH IRA CD Fixed $1000 $1000 0.50% 0.50% Quarterly
60-Mo Trad/ROTH IRA CD Fixed $2500 $2500 1.20% 1.21% Quarterly

 

Member accounts are federally insured by the National Credit Union Administration up to $250,000.

IRA account funds are insured up to $250,000.

Please Call (800) 245-0433 to obtain current information.

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