Savings Rates

 

Type Features Dividend Rate APY
>Share Certificates* $500.00 Minimum Deposit
3 Months 0.15% 0.15%
6 Months 0.20% 0.20%
12 Months 0.25% 0.25%
18 Months 0.20% 0.20%
24 Months 0.40% 0.40%
36 Months 0.50% 0.50%
60 Months 0.80% 0.80%
Money Market Checking** $1000.00 Minimum
Limit of 3 Withdrawals or transfers per month
Minimum withdrawal or transfer amount of $200.00
0.20% 0.20%
IRA Certificates* $1000.00 Minimum Deposit
3 Months 0.15% 0.15%
6 Months 0.20% 0.20%
12 Months 0.25% 0.25%
18 Months 0.20% 0.20%
24 Months 0.40% 0.40%
36 Months 0.50% 0.50%
60 Months 0.80% 0.80%
IRA Passbook*** $25.00 – $4999.99 0.10% 0.10%
$5000.00 and greater 0.15% 0.15%
Share Accounts****
(includes Sub, Holiday, & Vacation Accounts)
$5.00 – $49.99 0.00%
$50.00 – $499.99 0.05% 0.05%
$500 and greater 0.05% 0.05%

* = Effective 8/8/2017, Declared  8/8/2017.  A penalty may be imposed if you withdraw any of the principal before the maturity date. For all accounts, the amount of early withdrawal penalty for your account is 90 days dividends. The penalty is calculated as a forfeiture of part of the dividends that have been or would be earned on the account. In other words, if the account has not yet earned enough dividends or if the dividend has already been paid, the penalty will be deducted from the principal.

** = Effective 05/01/2017, Declared 04/20/2017

*** = Effective 12/01/2012, Declared 11/14/2012

**** = Effective 4/01/2012, Declared 5/23/2012

APR = Annual Percentage Rate

APY = Annual Percentage Yield

Rates are subject to change at any time. Disclosures are available upon request.

Effective 11/1/2011, CIFCU will offer Golden Club members a .05 incentive for 3 and 6 month,  a .10 incentive for 12, 18, and 24 month, and a .15 incentive for 36 and 60 month term certificates.