Prevail Credit Union
Deposit, Certificate, and Retirement Account Rates
Effective Date: Jul. 31, 2010
| Deposit Rates |
| Product |
Interest Rate |
APY
(Annual % Yield) |
Dividends
(Compounded/Credited) |
Min. Balance
(Opening/Monthly) |
| Regular Shares (Savings) |
0.150% |
0.150% |
Monthly/Monthly |
$5/$5 |
| Vacation club Account |
0.150% |
0.150% |
Monthly/Monthly |
$5/$5 |
| Holiday Savings Club * |
0.150% |
0.150% |
Monthly/Monthly |
$5/$5 |
| Prevail CU Kids Club |
0.150% |
0.150% |
Monthly/Monthly |
$5/$5 |
| Unlimited Checking *2 |
0.000% |
0.000% |
Not Applicable/Not Applicable |
$100/$0 |
| Choice Club Checking |
0.150% |
0.150% |
Monthly/Monthly |
$100/$500 |
| Seniors Checking |
0.150% |
0.150% |
Monthly/Monthly |
$100/$1000 |
| Money Market Account - Tier One: *3 |
0.350% |
0.350% |
Monthly/Monthly |
$1000/$1000 |
| Money Market Account - Tier Two: *4 |
0.600% |
0.600% |
Monthly/Monthly |
$20,000/$20,000 |
| Money Market Account - Tier Three: *5 |
0.850% |
0.850% |
Monthly/Monthly |
$75,000/$75,000 |
| Certificate Rates |
| Product |
Interest Rate |
APY
(Annual % Yield) |
Dividends
(Compounded/Credited) |
Min. Balance
(Opening/Monthly) |
| 3 Month CD |
0.500% |
0.500% |
Paid at Maturity/Paid at Maturity |
$1000/$1000 |
| 6 Month CD |
0.650% |
0.650% |
Paid at Maturity/Paid at Maturity |
$500/$500 |
| 9 Month CD |
0.750% |
0.750% |
Quarterly/Quarterly |
$500/$500 |
| 12 Month CD |
1.000% |
1.000% |
Quarterly/Quarterly |
$500/$500 |
| 15 month CD |
1.050% |
1.050% |
Quarterly/Quarterly |
$500/$500 |
| 18 Month Bump *6 |
1.100% |
1.100% |
Quarterly/Quarterly |
$1000/$1000 |
| 24 Month CD |
1.350% |
1.360% |
Quarterly/Quarterly |
$500/$500 |
| 30 Month CD |
1.500% |
1.510% |
Quarterly/Quarterly |
$500/$500 |
| 36 Month Bump *7 |
1.650% |
1.660% |
Quarterly/Quarterly |
$1,000.00/$1,000.00 |
| 60 Month CD |
2.300% |
2.320% |
Quarterly/Quarterly |
$500/$500 |
| Seniors Only 12 Month CD |
1.000% |
1.000% |
Not Applicable/Not Applicable |
$500/$500 |
| 12 Month Premium CD |
1.050% |
1.050% |
Quarterly/Quarterly |
$50,000/$50,000 |
| 12 Month JUMBO CD |
1.100% |
1.110% |
Quarterly/Quarterly |
$100,000/$100,000 |
| 24 Month Premium CD |
1.400% |
1.410% |
Quarterly/Quarterly |
$50,000/$50,000 |
| 24 Month JUMBO CD |
1.450% |
1.460% |
Quarterly/Quarterly |
$100,000/$100,000 |
| 60 Month Premium CD |
2.350% |
2.370% |
Quarterly/Quarterly |
$50,000/$50,000 |
| 60 Month JUMBO CD |
2.400% |
2.430% |
Quarterly/Quarterly |
$100,000/$100,000 |
| Retirement Account Rates |
| Product |
Interest Rate |
APY
(Annual % Yield) |
Dividends
(Compounded/Credited) |
Min. Balance
(Opening/Monthly) |
| 12 Month IRA *8 |
0.900% |
0.900% |
Quarterly/Quarterly |
$50/$50 |
| 18 Month IRA *9 |
1.000% |
1.000% |
Quarterly/Quarterly |
$50/$50 |
| 24 Month IRA *10 |
1.250% |
1.260% |
Quarterly/Quarterly |
$50/$50 |
| 12 Month ROTH IRA - ST 77 *9 |
0.900% |
0.900% |
Quarterly/Quarterly |
$50/$50 |
| 12 Month ROTH IRA - ST 79 *9 |
0.900% |
0.900% |
Quarterly/Quarterly |
$50/$50 |
| 12 Month ESA COVERDELL IRA - ST 78 *9 |
0.900% |
0.900% |
Quarterly/Quarterly |
$50/$50 |
| 60 Month IRA *11 |
2.200% |
2.220% |
Quarterly/Quarterly |
$50/$50 |
|
* Only For Valid Holidays
*2 The average daily balance is used as a balance computation method for all rates except marked rates with asterisk(*2).
*3 For balances from $1,000 to $19,999.99
*4 For balances $20,000 - 74,999.99
*5 For balances of $75,000 or more
*6 During the 18 month term, you may exercise a one-time bump to a higher rate and add to CD at that time
*7 During the 36 month term, you may exercise a one-time bump to a higher rate and add to CD at that time
*8 IRA accounts federally insured to $250,000 by the NCUA, a U.S. Government Agency.
*9 IRA accounts insured to $250,000 by the NCUA, a U.S. Government Agency
*10 IRA Accounts insured to $250,000 by the NCUA, a U.S. Government Agency
*11 NCUA Insured to at least $250,000, a U.S. Government Agency
All rates are subject to change without notice. Please call the
Credit Union for the most current rates.