Credit Union Savings Rates & Yields

Rates and Yields Effective: 8.6.2019


Account Minimum Opening Deposit Dividend Rate APY*

Regular Share Savings

Secondary Savings,
Vacation, & Christmas Club

Youth Savings

*APY= Annual Percentage Yield. Rates and APY are accurate as of 6.4.19. Once a particular balance range is met, the dividend rate and APY for that range will apply to the full balance of your account.. Rates vary depending on account balance. Rates are variable and may change after account is opened. A minimum deposit of $5,000 in new money is required to open a Premium Purple Savings Account. New money is money that is not already on deposit at Inspire FCU. Funds on deposit at Inspire FCU cannot be withdrawn and re-deposited to be considered new money. The minimum balance required to obtain the APY and avoid the $15 minimum balance fee is $5,000. Fees could reduce earnings on the account. Rates subject to change at any time without notice.

**Traditional, Roth IRA, and Coverdell ESA certificates are available in 6-month to 60-month terms. Rates subject to change without notice. Certificate dividends paid quarterly, All other dividends paid monthly. Certificates may be subject to penalty for early withdrawal. Fees may reduce earnings. Minimum balance of $500 to open account and is required to earn disclosed dividend.



Share Certificates

Account Minimum Opening Deposit Dividend Rate APY*

*APY = 'Annual Percentage Yield', assumes dividends remain on deposit. Minimum balance of $25 is required to earn dividends on primary and secondary savings, youth savings, IRAs, Christmas & Vacation Club accounts. Fees may reduce earnings. Savings rates calculated using average daily balance method. Dividend rate is subject to change without notice.

**Traditional, Roth IRA, and Coverdell ESA certificates are available in 6-month to 60-month terms. Rates subject to change without notice. Certificate dividends paid quarterly, All other dividends paid monthly. Certificates may be subject to penalty for early withdrawal. Fees may reduce earnings. Minimum balance of $500 to open account and is required to earn disclosed dividend.


Checking

Account Minimum Opening Deposit Dividend Rate APY*

*APY=Annual Percentage Yield. APY is accurate as of 8.6.19. These rates apply to Premium Purple checking accounts opened on or after 3.4.19. Premium Purple Checking is a tiered-rate account. Rates: $10,000 - $24,999.99 – 0.50%APR/0.50% APY; $25,000 and above Rate – 1.05% APR/1.05%APY. APY is calculated as an average daily balance throughout the statement cycle, not on account balance at the end of the statement period. Once a particular balance range is met, the dividend rate and APY for that range will apply to the full balance of your account. Rates are variable and may change after account is opened. A minimum of $10,000 average daily balance is required to earn disclosed APY. Dividends post on the last day of the month. A minimum deposit of $2,500 is required to avoid $10 monthly service fee. Fees may reduce earnings, please see our fee schedule.

Business Accounts

Account Minimum Deposit Dividend Rate APY*

Legacy Checking (Accounts opened prior to 3.4.19)

Account Minimum Opening Deposit Dividend Rate APY*

*APY=Annual Percentage Yield. APY is accurate as of 6.4.19. Premium Purple Checking is a tiered-rate account. Rates: $25,000 and below – 0.10%APR/0.10% APY; $25,000.01 and above Rate – 0.30% APR/0.30%APY. APY is calculated as an average daily balance throughout the statement cycle, not on account balance at the end of the statement period. Once a particular balance range is met, the dividend rate and APY for that range will apply to the full balance of your account. Rates are variable and may change after account is opened. Dividends post on the last day of the month. There are no recurring monthly fees. No minimum deposit is required to open the account and earn disclosed APY. Fees may reduce earnings, please see our fee schedule.