Deposit Rates


As of October 18, 2018.

This interest rate schedule reflects the interest rates to specified accounts and fees common to all accounts.  This schedule is incorporated as a part of your account agreement with United Methodist Federal Credit Union. The dividend rate and Annual Percentage Yield (APY**) stated are the most recent within 7 calendar days and were accurate as of October 18, 2018.

Regular/Special Share Accounts

Minimum opening balance varies. The minimum to earn dividend is $25. Dividends paid monthly.

Type Dividend Rate APY**
Tier I   $100 – $999 0.20% 0.20%
Tier 2   $1,000 – $4,999 0.25% 0.25%
Tier 3   $5,000 – $14,999 0.30% 0.30%
Tier 4   $15,000 – $24,999 0.35% 0.35%
Tier 5   $25,000 – $49,999 0.40% 0.40%
Tier 6   $50,000 – $99,999 0.45% 0.45%
Tier 7   $100,000 – Over 0.50% 0.50%
 

Youth Share Account

Minimum opening balance varies. The minimum to earn dividend is $5. Dividends paid monthly.

Type Dividend Rate APY**
Youth Share Account 0.30% 0.30%
 

Christmas Club

Type Dividend Rate APY**
Christmas Club 0.30% 0.30%
 

Share Draft Accounts

Type Dividend Rate APY**
Secure Checking 0.20% 0.20%
Corporate 0.15% 0.15%
 

Money Market Multiplier

The Money Market Multiplier account requires a minimum opening balance of $2,000. Dividends are declared monthly, and paid out monthly as long as the balance does not fall below $2,000.

Type Dividend Rate APY**
Tier I    $2,000 – $4,999 0.45% 0.45%
Tier 2   $5,000 – $9,999 0.50% 0.50%
Tier 3   $10,000 – $24,999 0.55% 0.55%
Tier 4   $25,000 – $49,999 0.60% 0.60%
Tier 5   $50,000 – $99,999 0.65% 0.65%
Tier 6   $100,000 and over 0.70% 0.70%
 

Certificate Accounts

NOTE: APY** = Annual Percentage Yield. Dividends are paid quarterly.

- SCROLL
Minimum Opening Balance 6 Months
Rate/APY**
12 Months
Rate/APY**
24 Months
Rate/APY**
36 Months
Rate/APY**
60 Months
Rate/APY**
$1,000 – $4,999 0.75% / 0.75% 0.95% / 0.95% 1.10% / 1.11% 1.30% / 1.31% 1.80% / 1.81%
$5,000 – $14,999 0.80% / 0.80% 1.00% / 1.00% 1.15% / 1.16% 1.35% / 1.36% 1.85% / 1.86%
$15,000 – $29,999 0.85% / 0.85% 1.05% / 1.06% 1.20% / 1.21% 1.40% / 1.41% 1.90% / 1.91%
$30,000 – $49,999 0.90% / 0.90% 1.10% / 1.11% 1.25% / 1.26% 1.45% / 1.46% 1.95% / 1.96%
$50,000 – $99,999 0.95% / 0.95% 1.15% / 1.16% 1.30% / 1.31% 1.50% / 1.51% 2.00% / 2.02%
$100,000 and over 1.00% / 1.00% 1.20% / 1.21% 1.35% / 1.36% 1.55% / 1.56% 2.05% / 2.07%
- SCROLL
 

Retirement Accounts

Member accounts are federally insured by the National Credit Union Administration up to $250,000. IRA funds are insured up to $250,000.
Please Call (800) 245-0433 to obtain current information.

- SCROLL
Type Opening Bal. Min. for Div. Div. Rate APY** Div. Dec. Date
Traditional/Roth IRA Shares (Variable) $0 $1 0.50% 0.50% Monthly
24-Mo Trad/Roth IRA CD (Fixed) $1,000 $1,000 1.20% 1.21% Quarterly
60-Mo Trad/Roth IRA CD (Fixed) $2,500 $2,500 1.90% 1.91% Quarterly
- SCROLL