Rates

Savings rates current as of 1/9/14

Savings Accounts
  APR APY*
Regular Savings .10% .100%
Checking Accounts .015% .015%
IRA Accounts .75% .753%
Money Market Accounts
  APR APY*
Minimum balance of $2,500 .10% .100%
Minimum balance of $10,000 .15% .150%
Minimum balance of $25,000 .20% .200%
CD Rates - $10,000.00 or more deposit
  APR APY*
6 month Certificate .35% .351%
12 month Certificate .40% .401%
24 month Certificate .60% .602%
48 month Certificate 1.10% 1.106%
CD Rates - Less than $10,000.00 deposit
  APR APY*
6 month Certificate .15% .150%
12 month Certificate .25% .250%
24 month Certificate .40% .401%
48 month Certificate 1.00% 1.005%

*APY = Annual Percentage Yield

McPherson Co-Op Credit Union Certificate of Deposit Disclosure
Penalty for Early Withdrawal: All or any portion of the principal may be withdrawn prior to maturity of any term only with the credit union’s consent given at the time withdrawal is sought. If such consent is given, the withdrawn amount will be subject to a substantial penalty equal to the interest on the amount withdrawn at the simple interest rate of this account, but shall not be more than 90 days worth of interest nor less than five (5) days of interest on the withdrawn amount.

Withdrawal Without Penalty: Early withdrawal without penalty may be made upon the death or declaration of incompetence of any beneficial owner of the certificate. To authorize early withdrawal because of mental incompetence, a certified copy of the court’s order or decree must be presented to the credit union.

Accounts insured to $250,000.00 by NCUA. NON-TRANSFERABLE.