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Deposit Rates - NavyArmy Community Credit Union in Corpus Christi and the Rio Grande Valley, Texas

Savings Rates

Basic Savings † As of 12/1/2016

Minimum Opening Balance Minimum Balance to Obtain Rate Dividend Rates APY%**
$25.00 $50.00 - 9,999.99 0.250 0.250
$10,000 & Over 0.500 0.500

 

Home Savings † As of 12/1/2016

Minimum Opening Balance Minimum Balance to Obtain Rate Dividend Rates APY%**
$25.00 $50.00 - 9,999.99 0.250 0.250
$10,000 & Over 0.500 0.500

 

Checking Account Rates

Liberty Checking † As of 12/1/2016

Minimum Opening Balance Minimum Balance to Obtain Rate Dividend Rates APY%**
$20.00 $0.00 0.100 0.100
$0.01 - 25,000 3.450 3.510
$25,001 0.500 0.510

Take advantage of our premier free checking account that pays interest on your balance and delivers free ATM service nationwide.* Plus you’ll enjoy many of the outstanding benefits of our other checking accounts.

If there’s a month you don’t meet the qualifications, don’t worry, there’s no penalty and you still have a free checking account that earns a base annual percentage yield. Plus, the next month that you qualify you’ll be back to earning huge dividends and receiving ATM fee refunds.

*LIBERTY CHECKING MONTHLY QUALIFICATIONS – All you have to do is:

  • Make 10 NavyArmy debit card purchases each month
  • Set up one monthly Direct Deposit or authorize one monthly ACH payment from your account
  • Enroll and receive Electronic Statements (valid e-mail address is required).
  • One Liberty Checking account per household

 

Money Market Rates

Money Market † As of 12/1/2016

Minimum Opening Balance Minimum Balance to Obtain Rate Dividend Rates APY%**
$2,000.00 $2000.00 – 49,999.99 0.600 0.600
$50,000 & over 0.800 0.800

 

CDs

Certificates of Deposit As of 12/1/2016

Account Type Minimum Balance to Obtain Rate Dividend Rates APY%**
3 Month $1,000.00 0.600 0.600
6 Month $1,000.00 0.750 0.750
1 Year $1,000.00 - 99,999.99 0.900 0.900
1 Year $100,000 JUMBO 1.090 1.100
2 Year $1,000.00 - 99,999.99 1.340 1.350
2 Year $100,000 JUMBO 1.490 1.500
3 Year $1,000.00 - 99,999.99 1.830 1.850
3 Year $100,000 JUMBO 1.980 2.000
9 Month No longer available RENEWAL RATE ONLY $1,000.00 0.750 0.750

 

IRAs

Individual Retirement Accounts As of 12/1/2016

Account Type Minimum Balance to Obtain Rate Dividend Rates APY%**
IRA Savings (Share) Account $50.00+ 1.100 1.100
1 Year Term $1,000.00 - 99,999.99 1.240 1.250
1 Year Term $100,000+ JUMBO 1.490 1.500
2 Year Term $1,000.00 - 99,999.99 1.590 1.600
2 Year Term $100,000+ JUMBO 1.740 1.750

 

* APR = Annual Percentage Rate
** APY = Annual Percentage Yield
The APY assumes that funds remain on deposit at least one full year. A withdrawal will reduce earnings. We use the Average Daily Balance method to calculate dividends on
your account.

  1. Nature of Dividends: Dividends are paid from current income and available earnings after required transfers to reserves at the end of the dividend period. The Dividend Rate and Annual Percentage Yield (APY) are the prospective rates and yields that the Credit Union anticipates paying for the applicable dividend period. Note: not applicable for Certificate of Deposit (Term Share) Accounts.
  2. Early Withdrawal Penalty for Certificate of Deposit Accounts: We may impose a penalty if you withdraw any of the principal before the maturity date, or the renewal date, if this is a renewable account.
  3. Rate information: The Dividend Rate and APY on your accounts are set forth above. The APY is a percentage rate that reflects the total amount of dividends to be paid on an account based on the Dividend Rate and frequency of compounding for an annual period. Withdrawal of dividends or early withdrawal of principal will reduce the APY. The Dividend Rate and APY may change at any time.
  4. Fixed Annual Percentage Rate (APR) listed above is the Credit Union’s standard rate. Rate may vary depending on each borrower’s credit history and underwriting factors.

 

† Denotes Blended Rate account(s). A Blended Rate account is a tiered account on which NavyArmy pays dividends at a different rate for each level on deposit.