Certificates
13-Month New Money Certificate Special
|
Minimum Opening Balance
|
Term
|
Interest Rate
|
APY*
|
|---|---|---|---|
| $500 + | 13 Months | 3.92% | 4.00% |
*APY = Annual Percentage Yield. The Annual Percentage Yield assumes interest remains on deposit until maturity. Minimum balance of $500 required to open special certificate and earn the disclosed APY, new money only. New money is defined as funds that are not currently deposited in any Ideal Credit Union account. If combining with existing funds deposited at Ideal, a minimum of $5,000 in additional new money is required. Penalty applies for early withdrawal. Certificate special may be discontinued at any time without warning. Interest begins to accrue on the business day you deposit any non-cash item (for example, checks). Interest is compounded and credited monthly. Certificate Special is available as a traditional or IRA Certificate. Certificates with maturity dates greater than 12 months will be assessed the lesser of 180 days interest or interest earned/Certificate with maturity dates 12 months or less will be assessed the lesser of 90 days interest or interest earned. Rates subject to change at any time.
Regular & IRA Certificate Rates
|
Term2
|
$500.00 - $24,999.99
APY1 |
$25,000.00 - $69,999.99
APY1 |
$70,000.00 +
APY1 |
|---|---|---|---|
| 3 Month | 3.00% | 3.00% | 3.00% |
| 6 Month | 3.50% | 3.50% | 3.50% |
| 12 Month | 3.80% | 3.80% | 3.80% |
| 18 Month | 3.50% | 3.50% | 3.50% |
| 24 Month | 3.50% | 3.50% | 3.50% |
| 30 Month | 4.00% | 4.00% | 4.00% |
| 36 Month | 3.50% | 3.50% | 3.50% |
| 48 Month | 3.50% | 3.50% | 3.50% |
| 60 Month | 3.50% | 3.50% | 3.50% |
1 The Annual Percentage Yield (APY) assumes interest remains on deposit until maturity. Rates subject to change at any time. A withdrawal will reduce earnings. Interest begins to accrue on the business day you deposit any non-cash item (for example, checks). Interest is compounded and credited on a monthly basis.
2 Penalty for early withdrawal. Certificates with maturity dates greater than 12 months will be assessed the lesser of 180 days interest or interest earned/Certificates with maturity dates 12 months or less will be assessed the lesser of 90 days interest or interest earned. Rates subject to change at any time.
Savers Certificate Rates
|
Minimum Opening Balance
|
Term2
|
Interest Rate
|
APY1
|
|---|---|---|---|
| $100 | 6 Month | 1.05% | 1.06% |
| $100 | 12 Month | 1.45% | 1.46% |
| $100 | 18 Month | 2.60% | 2.64% |
| $100 | 24 Month | 2.60% | 2.64% |
| $100 | 30 Month | 2.60% | 2.64% |
| $100 | 36 Month | 2.60% | 2.64% |
| $100 | 48 Month | 2.60% | 2.64% |
| $100 | 60 Month | 2.60% | 2.64% |
1 The Annual Percentage Yield (APY) assumes interest remains on deposit until maturity. Rates subject to change at any time. A withdrawal will reduce earnings. Interest begins to accrue on the business day you deposit any non-cash item (for example, checks). Interest is compounded and credited on a monthly basis.
2 Penalty for early withdrawal. Certificates with maturity dates greater than 12 months will be assessed the lesser of 180 days interest or interest earned/Certificates with maturity dates 12 months or less will be assessed the lesser of 90 days interest or interest earned. Rates subject to change at any time.