Deposit Rates


As of July 19, 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 July 19, 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 0.15% 0.15%
Tier 2   $1,000 – $4,999 0.15% 0.15%
Tier 3   $5,000 – $14,999 0.15% 0.15%
Tier 4   $15,000 – $24,999 0.20% 0.20%
Tier 5   $25,000 – $49,999 0.20% 0.20%
Tier 6   $50,000 – $99,999 0.20% 0.20%
Tier 7   $100,000 – Over 0.20% 0.20%
 

Youth Share Account

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

Type Dividend Rate APY**
Youth Share Account 0.25% 0.25%
 

Share Draft Accounts

Type Dividend Rate APY**
Secure Checking 0.15% 0.15%
Corporate 0.10% 0.10%
 

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 0.35% 0.35%
Tier 2   $5,000 – $9,999 0.35% 0.35%
Tier 3   $10,000 – $24,999 0.35% 0.35%
Tier 4   $25,000 – $49,999 0.40% 0.40%
Tier 5   $50,000 – $99,999 0.40% 0.40%
Tier 6   $100,000 and over 0.40% 0.40%
 

Certificate Accounts

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

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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 0.65% / 0.65% 0.85% / 0.85% 1.00% / 1.01% 1.20% / 1.21% 1.70% / 1.71%
$5,000 – $14,999 0.65% / 0.65% 0.85% / 0.85% 1.00% / 1.01% 1.20% / 1.21% 1.70% / 1.71%
$15,000 – $29,999 0.65% / 0.65% 0.85% / 0.85% 1.00% / 1.01% 1.20% / 1.21% 1.70% / 1.71%
$30,000 – $49,999 0.65% / 0.65% 0.85% / 0.85% 1.00% / 1.01% 1.20% / 1.21% 1.70% / 1.71%
$50,000 – $99,999 0.65% / 0.65% 0.85% / 0.85% 1.00% / 1.01% 1.20% / 1.21% 1.70% / 1.71%
$100,000 and over 0.65% / 0.65% 0.85% / 0.85% 1.00% / 1.01% 1.20% / 1.21% 1.70% / 1.71%
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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.

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Type Opening Bal. Min. for Div. Div. Rate APY** Div. Dec. Date
Traditional/Roth IRA Shares (Variable) $0 $1 0.35% 0.35% Monthly
24-Mo Trad/Roth IRA CD (Fixed) $1,000 $1,000 1.00% 1.01% Quarterly
60-Mo Trad/Roth IRA CD (Fixed) $2,500 $2,500 1.70% 1.71% Quarterly
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