Deposits
Our Share Certificates have some of the best rates around! You can be confident that WEA Credit Union has great rates through out the year.
Rates are subject to change at any time without notice. We will make every effort to update this section on the day of rate change. Please call the credit union for the latest information about rates and specials. APY = Annual Percentage Yield.
Effective: October 23, 2023
|
Account
|
Annual Percentage Yield (APY)
|
Dividend Rate
|
Terms
|
Additional Account Information
|
|---|---|---|---|---|
|
Basic Checking
|
none
|
none
|
N/A
|
free checking account
|
|
Premiere Checking
|
0.05 APY to 1%* APY
|
.05% to 1%
|
monthly
|
$5 per month service fee if the balance falls below $100. $500 minimum balance to earn dividend.
|
|
Daily Share Savings
|
.05% APY
|
.05%
|
monthly
|
Membership account
|
| Second Savings |
.05% APY
|
.05%
|
monthly
|
Additional Savings
|
|
Club Accounts
|
.05% APY
|
.05%
|
monthly
|
Club account can be used for Vacation Club or Christmas Club, Christmas Club accounts payout in November
|
|
Money Market with balance $2,000 - 10,000
|
.47% APY
|
.47%
|
monthly
|
$2,000 minimum to earn a dividend, limit of 6 withdrawals per month, variable rate
|
|
Money Market with balance $10,000 - 25,000
|
.55% APY
|
.55%
|
monthly
|
|
|
Money Market with balance $25,000 - $100,000
|
1.00% APY
|
1.00%
|
monthly
|
|
|
Money Market with balance over $100,000
|
1.25% APY
|
1.25%
|
monthly
|
|
|
IRA with balance up to $10,000
|
.15% APY
|
.15%
|
monthly
|
For 2021 and 2022: $6000 ($7000 if 50 or older) maximum deposit per year for Roth and Traditional IRA's. $2000 per year per child for Coverdell Savings Accounts
|
|
IRA with balance over $10,000
|
.20% APY
|
.20%
|
monthly
|
|
|
3-month Certificate
|
.55% APY
|
.550%
|
maturity
|
$1,000 minimum balance required
$500 minimum balance required
|
|
6-month Certificate
|
.80% APY
|
.798%
|
quarterly
|
|
|
12-month Certificate
|
1.05% APY
|
1.046%
|
quarterly
|
$500 minimum balance required SPECIAL RATES for CD's of $100,000 or more. Please call 1-800-457-1142 |
|
18-month Certificate
|
1.10% APY
|
1.095%
|
quarterly
|
|
|
24-month Certificate
|
1.25% APY
|
1.244%
|
quarterly
|
|
|
30-month Certificate
|
1.40% APY
|
1.393%
|
quarterly
|
|
|
36-month Certificate
|
1.40% APY
|
1.391%
|
quarterly
|
|
|
48-month Certificate
|
1.59% APY
|
1.581%
|
quarterly
|
|
|
60-month Certificate
|
1.64% APY
|
1.63%
|
quarterly
|
*1% earned on first $1000 then .05% on remaining balance. Minimum balance $500 to earn dividend.
