Savings Rates
Savings & Checking Accounts
Effective March 1, 2008
| Account Type |
Rate |
APY |
| Premier Checking |
.15% |
.15% |
| Basic Checking |
None |
|
| Regular Shares |
.50% |
.50% |
| Money Market |
|
|
| $50,000.00 plus |
2.25% |
2.28% |
| $10,000.00 - $49,999.99 |
1.60% |
1.61% |
| up to $9,999.99 |
1.00% |
1.00% |
| Clown Club (up to age 12) |
.50% |
.50% |
| Student Union ( 12 - 22) |
.50% |
.50% |
| Vacation Club |
.50% |
.50% |
| Holiday Club |
.50% |
.50% |
| IRA variable rate shares |
.50% |
.50% |
- APY = Annual Percentage Yield
- Regular, Roth & Educational IRAs are offered by NJ Gateway FCU with no annual fees.
- Rates are prospective, based on Credit Union earnings.
- Premier Checking, Money Market, Clown Club, Student Union and IRA Shares are subject to change.
- Regular Shares, Holiday & Vacation Clubs are subject to change.
(also offered for IRA Accounts)
Effective April 24, 2008
| Term |
Minimum Deposit |
Rate |
APY |
| 3 months |
$10,000 |
1.32% |
1.33% |
| 6 months |
$1000 |
1.64% |
1.65% |
| 12 months |
$1000 |
1.85% |
1.86% |
| 24 months |
$1000 |
2.19% |
2.21% |
| 36 months |
$1000 |
2.35% |
2.37% |
| 48 months |
$1000 |
2.65% |
2.68% |
| 60 months |
$1000 |
2.95% |
2.98% |
Rates subject to change
- IRA Certificates must be 1 year or longer, with $500 minimum balance.
- Penalties for early withdrawal:
- 45 days on 3 month Certificates
- 90 days on longer than 3 month Certificates but less than 12 month Certificates
- 180 days on 1 year and longer Certificates
Your savings federally insured to
at least $100,000 and backed by the full faith and credit of the United States Government
National Credit Union Administration, a U.S. Government Agency
|
