Savings/Checking Accounts
Printing Industries Credit Union Savings/Checking Accounts
Effective October 1, 2020
| Share/Deposit Account Rates |
| Savings Account/Membership Shares & 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 = Annual Percentage Yield |
| $0 to $1,000 |
0.00% |
0.00% |
| $1,000.01 to $5,000 |
0.00% |
0.00% |
| $5,000.01 to $10,000 |
0.05% |
0.05% |
| $10,000.01 to $25,000 |
0.05% |
0.05% |
| $25,000.01 & greater |
0.05% |
0.05% |
| Premium Checking |
| $25 deposit to open with no minimum balance required to maintain the account. Dividends calculated on an average daily balance and paid monthly. |
| Balance |
Rate |
APY = Annual Percentage Yield |
| $0 & greater |
0.00% |
0.00% |
| Teen Checking |
| $25 deposit to open with no minimum balance required to maintain the account. Dividends calculated on an average daily balance and paid monthly. |
| Balance |
Rate |
APY = Annual Percentage Yield |
| $0 & greater |
0.00% |
0.00% |
| Holiday Club Account |
| $5 minimum balance requirement. Dividends calculated on an average daily balance and paid quarterly. Dividends are based on a split rate as follows: |
| Balance |
Rate |
APY = Annual Percentage Yield |
| $0 to $249 |
0.00% |
0.00% |
| $250 & greater |
0.10% |
0.10% |
| Round-Up Savings Account |
| Round-Up Savings Account is tied to your Round-Up Debit Card. $0 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 = Annual Percentage Yield |
| $0 to $249 |
0.00% |
0.00% |
| $250 & greater |
0.10% |
0.10% |
| You Name It Savings Account |
| You Name It Savings Account, a savings account to help you save for that special occasion. $100 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 = Annual Percentage Yield |
| $0 to $100 |
0.00% |
0.00% |
| $100 to $5,000 |
0.15% |
0.15% |
| Super Kids Savings Account |
| $5 minimum balance requirement. Dividends are based on the total deposit and calculated on an average daily balance and paid quarterly. |
| Balance |
Rate |
APY = Annual Percentage Yield |
| $5 & greater |
0.50% |
0.50% |
| Teen Savings Account |
| $5 minimum balance requirement. Dividends are based on the total deposit and calculated on an average daily balance and paid quarterly. |
| Balance |
Rate |
APY = Annual Percentage Yield |
| $5 & greater |
0.50% |
0.50% |
| Money Market |
| $1,000 minimum deposit required. |
| Balance |
Rate |
APY = Annual Percentage Yield |
| $1,000 – $24,999.99 |
0.10% |
0.10% |
| $25,000 – $49,999.99 |
0.15% |
0.15% |
| $50,000 – $99,999.99 |
0.30% |
0.30% |
| $100,000 & Greater |
0.40% |
0.40% |
| Introductory Share Certificates* |
| $500 minimum deposit required. |
| Term |
Rate |
APY = Annual Percentage Yield |
| 18 Months |
0.10% |
0.10% |
| Small Saver Certificates* |
| $2,000 minimum deposit required. |
| Term |
Rate |
APY = Annual Percentage Yield |
| 3 Months |
0.05% |
0.05% |
| 6 Months |
0.20% |
0.20% |
| 12 Months |
0.25% |
0.25% |
| 24 Months |
0.35% |
0.35% |
| 36 Months |
0.60% |
0.60% |
| 48 Months |
0.90% |
0.90% |
| 60 Months |
1.00% |
1.01% |
| Share Certificates* |
| $10,000 minimum deposit required. |
| Terms |
Rate |
APY = Annual Percentage Yield |
| 6 Months |
0.30% |
0.30% |
| 12 Months |
0.35% |
0.35% |
| 24 Months |
0.45% |
0.45% |
| 36 Months |
0.70% |
0.70% |
| 48 Months |
0.95% |
0.95% |
| 60 Months |
1.25% |
1.26% |
| Jumbo Certificates* |
| $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). |
| Term |
Rate |
APY = Annual Percentage Yield |
| 6 Months |
0.30% |
0.30% |
| 12 Months |
0.35% |
0.35% |
| 24 Months |
0.45% |
0.45% |
| 36 Months |
0.70% |
0.70% |
| 48 Months |
0.95% |
0.95% |
| 60 Months |
1.25% |
1.26% |
*Term Certificates dividends are paid quarterly and can be mailed, credited to Share account or compounded to the share certificate. A penalty in the amount equal to 90 days of interest will be charged on all early withdrawals. No additional deposits permitted once the certificate is purchased.
| Individual Retirement Account (IRA) Certificate |
| $1,000 minimum deposit required. Dividends are paid quarterly on an average daily balance. 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 = Annual Percentage Yield |
| 12 Months |
0.25% |
0.25% |
| 24 Months |
0.50% |
0.50% |
| 36 Months |
0.75% |
0.75% |
| 48 Months |
1.10% |
1.11% |
| 60 Months |
1.35% |
1.36% |
When you open a share account with Printing Industries Credit Union you become a member of the credit union. Printing Industries Credit Union was founded by and is dedicated to the support of the printing and graphic arts industry. Your deposits are our only source of funding and they are used solely to make loans to other members of the credit union.
All members deposits are federally insured to at least $250,000 by the NCUA. Individual Retirement Accounts are insured separately up to $250,000.
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