Saving/Checking Accounts

Printing Industries Credit Union Saving/Checking Accounts

Effective April 1, 2018

Share/Deposit Account Rates
Savings Account/Membership Shares & Minor Account (ages 13 – 17 years old) $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 = 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%
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%
Kids Club Account
$5 minimum balance requirement.  Dividends are based on the total deposit and calculated on an average daily balance and paid quarterly.
$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 0.20% 0.20%
$100,000 & Greater 0.25% 0.25%
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%
T-Bill 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 0.70% 0.70%
60 Months 0.95% 0.95%
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.