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Share/Deposit Account Rates (effective 1/1/13)
Savings Account/Membership Shares & Minor Account*
$10 minimum balance requirement. Dividends are paid quarterly. Dividends and Annual Percentage Yields are based on the total deposit and calculated on the average daily balance. Dividends are based on a split rate as follows:
| Balance |
Rate |
APY |
| $0 to $1,000 |
0.000% |
0.00% |
| $1,001 to $5,000 |
0.000% |
0.00% |
| $5,001 to $10,000 |
0.050% |
0.05% |
| $10,001 to $25,000 |
0.050% |
0.05% |
| $25,001 & Greater |
0.050% |
0.05% |
*Minor Account ~ Ages 13 - 17 years old
Premium Checking
$25 deposit to open with no minimum balance required to maintain the account. Dividends calculated on a daily average balance and paid monthly. Dividends are based on a split rate as follows:
| Balance |
Rate |
APY |
| $0 & Greater |
0.000% |
0.00% |
Holiday Club
$5 minimum balance requirement. Dividends calculated on the average daily balance and paid quarterly. Dividends are based on a split rate as follows:
| Balance |
Rate |
APY |
| $0 to $249 |
0.000% |
0.00% |
| $250 & Greater |
0.100% |
0.10% |
Looney Tunes® Kids Club ~ Ages 12 years & under
$5 minimum balance requirement. Dividends are paid quarterly. Dividends and Annual Percentage Yield are based on the total deposit and calculated on the average daily balance
| Balance |
Rate |
APY |
| $5 and Above |
0.500% |
0.50% |
Share Term Certificate Account Rates
Introductory Certificate*
$500 minimum deposit required.
| Term |
Rate |
APY |
| 18 Months |
0.100% |
0.10% |
Small Saver Certificate*
$2,000 minimum deposit required.
| Term |
Rate |
APY |
| 3 Months |
0.050% |
0.05% |
| 6 Months |
0.20% |
0.20% |
| 12 Months |
0.25% |
0.25% |
| 24 Months |
0.350% |
0.35% |
| 36 Months |
0.600% |
0.60% |
T-Bill Certificate*
$10,000 minimum deposit required.
| Term |
Rate |
APY |
| 6 Months |
0.20% |
0.20% |
| 12 Months |
0.25% |
0.25% |
| 24 Months |
0.350% |
0.35% |
| 36 Months |
0.600% |
0.60% |
Jumbo Certificate*
$95,000 minimum deposit required. Dividends can be paid monthly or quarterly. Dividends can be mailed, credited to your Share account or compounded (quarterly only.) There is a 90 day loss of dividends for early withdrawal.
| Term |
Rate |
APY |
| 6 Months |
0.20% |
0.20% |
| 12 Months |
0.25% |
0.25% |
| 24 Months |
0.350% |
0.35% |
| 36 Months |
0.600% |
0.60% |
*Term certificate dividends are paid quarterly and can be mailed, credited to Share accounts or compounded to the share certificate. A penalty in the amount equal to 90 days interest will be charged on all early withdrawals. No additional deposits permitted once the certificate is purchased.
Individual Retirement Account (IRA) Savings
$50 minimum required. Dividends are variable and paid quarterly on an average daily balance. Additions are allowed once the account is open. There is an applicable fee for each IRA withdrawal/transfer unless being transferred to another Printing Industries Credit Union IRA account.
| Term |
Rate |
APY |
| Daily Variable |
0.300% |
0.30% |
Individual Retirement Account (IRA) Certificate
$1,000 minimum required. Dividends are paid quarterly. No additional deposits permitted once the certificate is purchased. There is a 90 day loss of dividends on the certificate for each IRA withdrawal/transfer unless being transferred to another Printing Industries Credit Union IRA account.
| Term |
Rate |
APY |
| 12 Months |
0.250% |
0.25% |
| 24 Months |
0.500% |
0.50% |
| 36 Months |
0.750% |
0.75% |
| 48 Months |
1.100% |
1.10% |
| 60 Months |
1.350% |
1.36% |
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