Certain fees and conditions may apply to the above real-estate loan types. Rate is locked in for 30 days when CU received completed application. For complete details please call the loan department at (901) 521-4646, or (800) 462-7777.
Share Account Rates
Rates as of 6/30/10
Share Accounts*
APY
Regular Shares
0.50%
Custom Shares
0.50%
Holiday Club
0.50%
Vacation Club
0.50%
Accumulation IRA
0.75%
Sharedraft/Checking
No dividends paid on sharedraft accounts
APY=Annual Percentage Yield
*Dividend rates on regular shares, custom shares, and Club accounts are determined at the end of the quarter and are subject to change.
Share Certificate and
IRA Share Certificate Rates
Rates effective 7/28/10 – 8/3/10
Term of Certificate
Minimum Balance
APY
6 Months
$1,000.00
1.45%
12/18/24 Months
$1,000.00
1.60%
30/36/42 Months
$1,000.00
1.85%
60 Months
$1,000.00
2.50%
For certificates purchased through 8/3/2010.
APY=Annual Percentage Yield
Penalty for Early Maturity of a Certificate:
Terms through 6 months: 30 days interest on amount withdrawn.
Terms 12 months through 24 months: 90 days interest on amount withdrawn. Terms over 24 months: 180 days interest on amount withdrawn. There is no difference in the penalty for an IRA or REG share certificate. If the penalty is more than the accrued dividends, it will come from the principal of the certificate.