Dividend Rates

Our Board of Directors set the dividend rates quarterly. Dividends are paid to all savings accounts and club accounts on the last business day of March, June, September and December.

Account:

Annual Percentage Yield:

Primary Share Account*

0.75%

Secondary Savings 3

0.75%

Secondary Savings 5

0.75%

Christmas Club**

0.75%

Vacation Club***

0.75%

Bond-A-Month Club

0.75%

Share Draft Account (Checking)

Not an interest bearing account

Annual Percentage Yield accurate as of 9/30/2007.

* Minimum balance requirement for primary savings ($5.00)

**
Christmas Club (12 month acct) renews annually on October 1st.
*** Vacation Club (12 month acct) renews annually on July 1st.

Fees may reduce earnings on accounts and rates may change after the account is open.
Dividends will be forfeited if the Member closes the account before accrued dividends are credited.

Please visit the "fee and free service schedule" for fees associated with these accounts.

Share Certificates are paid dividends on the last business day of the month, as per the terms of the individual certificate. Share Certificate rates, for new purchases, change weekly. Share Certificates have a minimum deposit of $500.00. A penalty may be imposed for early withdrawal.

Share Certificate Term:

Dividend Rate:

Annual Percentage Yield:

3 Months
1.23
1.25
6 Months
2.23
2.25

9 Months

1.63
1.65

12 Months

2.48

2.50

24 Months

1.98

2.00

36 Months

2.48

2.50


Asset Builder $100 minimum  add funds in $50 increments
6 Months
.24
.24


*Last updated on January 2, 2009 .
 

 
This credit union is federally insured by the National Credit Union Administration
10 Jefferson Square • Batavia, NY 14020 • (585) 343-5627 • 1-800-722-8224
WANDA (585) 344-5544 • 1-800-887-5544


Copyright © 2005 Tonawanda Valley Federal Credit Union