Deposit Rates
Effective as of 05/30/2023 by Topside FCU
Share & Certificate Rates
|
Type of Account |
Annual Percentage Yield |
Dividend Rate |
|
IRA - Variable Rate |
||
|
$0.01 - $9,999.99 |
0.00% |
0.00% |
|
$10,000.00 - $24,999.99 |
0.02% |
0.02% |
|
$25,000.00 - $99,999.99 |
0.05% |
0.05% |
|
$100,000.00 + over |
0.05% |
0.05% |
Rate may change after account opening. Consult your tax advisor concerning your IRA account situation. Dividends paid quarterly. Penalty will apply for early withdrawal. Minimum balance required to obtain APY.
|
Type of Account |
Annual Percentage Yield |
Dividend Rate |
|
6-Month Share Certificate* |
||
|
6-Month Share Certificate* |
1.80% |
1.80% |
|
9-Month Share Certificate* |
||
|
$100.00 - $24,999.99 |
3.75% |
3.75% |
|
$25,000.00 + over |
3.85% |
3.85% |
|
1-Year Share Certificate or 1-Year IRA Share Certificate** |
||
|
$100.00 - $24,999.99 |
4.07% |
4.00% |
|
$25,000.00 + over |
4.16% |
4.10% |
|
2-Year Share Certificate or 2-Year IRA Share Certificate** |
||
|
$100.00 - $24,999.99 |
4.27% |
4.20% |
|
$25,000.00 + over |
4.52% |
4.45% |
|
3-Year Share Certificate or 3-Year IRA Share Certificate** |
||
|
$100.00 - $24,999.99 |
3.03% |
3.00% |
|
$25,000.00 + over |
3.14% |
3.10% |
|
5-Year Share Certificate or 5-Year IRA Share Certificate** |
||
|
$100.00 - $24,999.99 |
2.52% |
2.50% |
|
$25,000.00 + over |
2.57% |
2.55% |
|
7-Year Share Certificate or 7-Year IRA Share Certificate** |
||
|
$100.00 - $24,999.99 |
2.58% |
2.55% |
|
$25,000.00 + over |
2.78% |
2.75% |
|
10-Year Share Certificate or 10-Year IRA Share Certificate** |
||
|
$100.00 - $24,999.99 |
3.80% |
3.75% |
|
$25,000.00 + over |
3.85% |
3.80% |
Minimum deposit $100. Penalty will apply for early withdrawal. Rate may change after account opening. Minimum balance required to obtain APY.
*Dividends paid at maturity.
**Dividends compounded quarterly and paid quarterly.
|
Type of Account |
Annual Percentage Yield |
Dividend Rate |
|
Prime Share Savings |
0.01% |
0.01% |
|
Military Saves |
* |
8.00% * |
|
Youth Saves |
** |
5.00% ** |
Minimum balance of $1.00 required to obtain Credit Union membership. Dividends paid quarterly. Account transfer limitations may apply. Rate may change after account opening. Minimum balance required to obtain APY.
*8.00% only applies on the first $500 deposited as long as member meets all requirements. Requirements include: a current, valid military ID, accept electronic documents, receive e-statements and make at least one deposit monthly. Dividends compounded and credited quarterly. If the monthly deposit is not posted, the rate will revert to the current share savings rate for that month. This special rate will remain in effect as long as all requirements are met for the first $500. Balances over $500 will earn the regular share savings rate.
**5.00% applies only on the first $500 deposited as long as the member meets all requirements. Requirements include: being age 19 or younger, you must provide a valid, government issued photo ID or the social security number for minors. For minors, a parent or legal guardian must be joint on the account. At age 20 the balance will transfer to the prime share account. Deposits over $500.00 will earn the regular share savings rate.
|
Type of Account |
Annual Percentage Yield |
Dividend Rate |
|
Regular Shares |
0.01% |
0.01% |
Dividends paid quarterly. Account transfer limitations may apply. Rate may change after account opening. Minimum balance required to obtain APY.
|
Type of Account |
Annual Percentage Yield |
Dividend Rate |
|
Premium Savings |
||
|
$0.01 - $9,999.99 |
No Dividends Earned |
No Dividends Earned |
|
$10,000.00 - $24,999.99 |
0.05% |
0.05% |
|
$25,000.00 - $99,999.99 |
0.05% |
0.05% |
|
$100,000.00 + over |
0.05% |
0.05% |
Dividends paid quarterly. Account transfer limitations may apply. Rate may change after account opening. Minimum balance required to obtain APY.
|
Type of Account |
Annual Percentage Yield |
Dividend Rate |
|
Vacation Club |
0.01% |
0.01% |
Dividends paid quarterly. Account transfer limitations may apply. Rate may change after account opening. Minimum balance required to obtain APY.
|
Type of Account |
Annual Percentage Yield |
Dividend Rate |
|
Christmas Club |
0.01% |
0.01% |
Dividends paid quarterly. Account transfer limitations may apply. Rate may change after account opening. Minimum balance required to obtain APY.
|
Type of Account |
Annual Percentage Yield |
Dividend Rate |
|
Checking / Share Draft |
0.00% |
0.00% |
|
Renew Checking Account |
0.00% |
0.00% |
Balance required to earn dividends is $1,000. Dividends paid quarterly. Rate may change after account opening. Minimum balance required to obtain APY.
|
Type of Account |
Annual Percentage Yield |
Dividend Rate |
|
Daily Money Fund |
|
|
|
$2,000.00 - $19,999.99 |
0.01% |
0.01% |
|
$20,000.00 - $49,999.99 |
0.01% |
0.01% |
|
$50,000.00 + |
0.03% |
0.03% |
Balance required to earn dividends is $2,000. Dividends paid monthly. Minimum balance required to obtain APY.
* Dividends on all accounts are declared at the close of the dividend period by the Board of Directors and are subject to change at any time. Dividends on all shares are paid from available earnings after transfers to required reserves and cannot be guaranteed. Dividends begin to accrue on all deposits (including non-cash deposits) on the same day they are deposited. Share draft printing fees vary.
* Rates are subject to change after account opening. For more information about fees and other terms that apply, call the Member Service Department at 540-663-2181.