IRA Certificates
Rates Effective: August 1, 2008
| Account Term | Dividend Rate | APY* | Min Balance |
|---|---|---|---|
| 6 Month | 2.90% | 2.94% | $1000.00 |
| One Year | 3.00% | 3.05% | $1000.00 |
| Two Years | 3.20% | 3.25% | $1000.00 |
| Three Years | 3.40% | 3.45% | $1000.00 |
| Four Years | 3.60% | 3.66% | $1000.00 |
| Five Years | 3.70% | 3.76% | $1000.00 |
Important Disclosure Information:
*APY =Annual Percentage Yield.
Rates, terms and conditions subject to change. Penalty for early withdrawals. Refer to MCTCU "All About Your Account" Disclosure for additional terms and conditions.
Dividend Rate is an annualized rate of interest approved by the Board of Directors and paid the same on all similar type accounts.
APY (Annual Percentage Yield) - Expressed as a percentage: reflects the total amount of interest that would be received on a deposit, based on the dividend rate and the frequency of compounding for a 365-day period.
APYE (Annual Percentage Yield Earned) - Expressed as a percentage; reflects the relationship between the dollar amount of dividends actually earned on the account and the actual average daily balance for that period.
*APY =Annual Percentage Yield.
Rates, terms and conditions subject to change. Penalty for early withdrawals. Refer to MCTCU "All About Your Account" Disclosure for additional terms and conditions.
Dividend Rate is an annualized rate of interest approved by the Board of Directors and paid the same on all similar type accounts.
APY (Annual Percentage Yield) - Expressed as a percentage: reflects the total amount of interest that would be received on a deposit, based on the dividend rate and the frequency of compounding for a 365-day period.
APYE (Annual Percentage Yield Earned) - Expressed as a percentage; reflects the relationship between the dollar amount of dividends actually earned on the account and the actual average daily balance for that period.
© 2008 MCT Credit Union
Rates may be fixed or variable and may include discounts or other promotional conditions.
'APR' refers to Annual Percentage Rate. "APY" refers to annual Percentage Yield
Rates may be fixed or variable and may include discounts or other promotional conditions.
'APR' refers to Annual Percentage Rate. "APY" refers to annual Percentage Yield