Savings Rates
Savings & Checking Accounts
Effective August 1, 2010
| Account Type |
Rate |
APY |
| Premier Checking |
.05% |
.05% |
| Basic Checking |
None |
|
| Regular Shares |
.15% |
.15% |
| Money Market |
|
|
| $50,000.00 plus |
.90% |
.90% |
| $10,000.00 - $49,999.99 |
.75% |
.75% |
| up to $9,999.99 |
.25% |
.25% |
| Clown Club (up to age 12) |
.25% |
.25% |
| Student Union ( 12 - 22) |
.25% |
.25% |
| Vacation Club |
.25% |
.25% |
| Holiday Club |
.25% |
.25% |
| IRA variable rate shares |
.25% |
.25% |
- 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 December 23, 2008
| Term |
Minimum Deposit |
Rate |
APY |
| 3 months |
$10,000 |
.30% |
.30% |
| 6 months |
$1000 |
.30% |
.30% |
| 12 months |
$1000 |
.44% |
.44% |
| 24 months |
$1000 |
.74% |
.74% |
| 36 months |
$1000 |
1.02% |
1.03% |
| 48 months |
$1000 |
1.18% |
1.19% |
| 60 months |
$1000 |
1.35% |
1.36% |
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 $250,000 and backed by the full faith and credit of the United States Government
National Credit Union Administration, a U.S. Government Agency
|
