Rates Effective as of: March 24, 2023
Type | Dividend Rate | Annual Percentage Yield (APY) | Dividend Compounded | Dividends Credited | Dividend Period |
---|---|---|---|---|---|
Regular Savings Accounts | 0.05% | 0.05% | Quarterly | Quarterly | Quarterly (calendar) |
Christmas Savings Accounts | 0.05% | 0.05% | Quarterly | Quarterly | Quarterly (calendar) |
Special Savings Accounts | 0.05% | 0.05% | Quarterly | Quarterly | Quarterly (calendar) |
IRA Accounts | 0.50% | 0.50% | Quarterly | Quarterly | Quarterly (calendar) |
Dividend rates and fees are subject to change. The minimum balance to earn the stated dividend rate is $5.00. Fees may reduce earnings. Membership with the Credit Union is required and open to all who live, work, or worship in Chippewa County, Michigan. A minimum opening balance of $5.00 is required to open a savings account.
All accounts at Federal Employees of Chippewa County Credit Union are insured up to $250,000 by the NCUA, an agency of the Federal Government.