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SAVINGS
INTEREST RATES |
|||
| Type | APR* |
APY* |
Minimum |
| Share Account | 1.00% |
1.01% |
$25 |
| Holiday Account | 2.50% |
2.53% |
none |
| Checking Account | 0.50% |
0.50% |
none |
CERTIFICATE
OF DEPOSIT RATES |
|||
| Certificate of Deposit - 6 month |
2.50% |
2.52% |
$500 |
| Certificate of Deposit - 12 month | 2.75% |
2.78% |
$1,000 |
| Certificate of Deposit - 24 month | 3.00% |
3.03% |
$2,500 |
| • |
Rates as of July 21, 2008 |
| • |
Members should call to verify rates (952-848-4282) |
| • |
Penalty for early withdrawal on Certificates of Deposit |
| * |
APR = Annual Percentage Rate = the rate at which interest is computed |
| * |
APY = Annual Percentage Yield = the effective rate paid when compounding (earning interest on the interest previously paid) is taken into account |
