Rates
All rates listed below effective 01/01/2024
Deposit Rates
This page includes the most current deposit rates at WCCU.
***Certificate Specials***
13-month Certificate: 4.91% APR , 5.00% APY ($5,000 min. deposit)
22-Month Certificate: 4.67% APR, 4.75%, APY ($1,000 min. deposit)
| Accounts |
Dividend Rate |
Required Daily Balance to Earn Dividends |
*APY |
Dividends Paid |
|
Member Savings |
.20% |
$50 |
.20% |
Quarterly |
|
Buck’s Savings Club |
.20% |
$50 |
.20% |
Quarterly |
|
Saver’s Sweepstakes |
.25% |
$25 |
.25% |
Quarterly |
|
Christmas Club |
.25% |
$50 |
.25% |
Quarterly |
|
Health Savings ($50 – $4,999.99) |
.20% |
$50 |
.20% |
Monthly |
|
Health Savings ($5,000 – $14,999.99) |
.30% |
$5,000 |
.30% |
Monthly |
|
Health Savings ($15,000 – $24,999.99) |
.60% |
$15,000 |
.60% |
Monthly |
|
Health Savings ($25,000 or more) |
.75% |
$25,000 |
.75% |
Monthly |
|
Money Management ($2,500+) |
1.29% |
$2,500 |
1.30% |
Monthly |
|
Money Management ($10,000+) |
1.59% |
$10,000 |
1.60% |
Monthly |
|
Money Management ($25,000+) |
1.74% |
$25,000 |
1.75% |
Monthly |
|
Money Management ($100,000+) |
2.23% |
$100,000 |
2.25% |
Monthly |
|
Money Management ($250,000+) |
2.57% |
$250,000 |
2.60% |
Monthly |
|
Money Management Plus ($500,000+) |
2.72% |
$500,000 |
2.75% |
Monthly |
|
Money Management Plus ($750,000+) |
2.81% |
$750,000 |
2.85% |
Monthly |
|
Money Management Plus ($1,000,000+) |
2.96% |
$1,000,000 |
3.00% |
Monthly |
|
Traditional & Roth IRAs ($50 – $9,999.99) |
.25% |
$50 |
.25% |
Quarterly |
|
Traditional & Roth IRAs ($10,000 or more) |
1.00% |
$10,000 |
1.00% |
Quarterly |
|
Education IRA |
.25% |
$50 |
.25% |
Quarterly |
|
Awards Checking (up to $20,000) Awards Checking balances $20,001+ |
3.00% .25% |
$.01-$20,000 $20,001+ |
3.00% .25% |
Monthly Monthly |
|
Business Choice Checking |
0.05% |
On low monthly balance $300+ |
0.05% |
Monthly |
|
Business Checking Plus |
0.10% |
$10,000 |
0.10% |
Monthly |
* Annual Percentage Yield
|
Share & IRA Certificates** |
||||
| Term |
($500 minimum) |
($10,000 minimum) |
||
|
Dividend Rate |
*APY |
Dividend Rate |
*APY |
|
|
3-Month |
.60% |
.60% |
.65% |
.65% |
|
6-Month |
2.43% |
2.45% |
2.53% |
2.55% |
|
1-Year |
2.92% |
2.95% |
3.02% |
3.05% |
|
18-Month |
2.92% |
2.95% |
3.02% |
3.05% |
|
2-Year |
3.02% |
3.05% |
3.11% |
3.15% |
|
3-Year |
3.16% |
3.20% |
3.26% |
3.30% |
|
4-Year |
3.16% |
3.20% |
3.26% |
3.30% |
|
5-Year |
3.21% |
3.25% |
3.31% |
3.35% |
***Certificate Specials***
13-month Certificate: 4.91% APR , 5.00% APY ($5,000 min. deposit)
22-Month Certificate: 4.67% APR, 4.75% APY ($1,000 min. deposit)
* Annual Percentage Yield ** A penalty may be applied for early withdrawal
|
WCCU’s Dividend Disclosure |
|
| Accrual of Dividends | Generally, dividends begin to accrue on deposits the day the deposit is made. Fees may reduce dividends. |
| Nature of Dividends | Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a period. |
| Variable Rate | The dividend rate and annual percentage yield on each of the above accounts may change as often as daily, at the discretion of WCCU. |
| Dividend Computation Method | All WCCU deposit accounts (except Business Checking) use the daily balance method. Dividends on an account are calculated by applying a daily periodic rate to the total balance in the account each day, assuming that the balance is greater than or equal to the indicated required balance.The dividends for a Business Checking account are determined by dividing the dividend rate by twelve and multiplying the result by the lowest balance in the month, assuming that it is at least $300.00. |
| Dividends Upon Closure | All dividends earned to date are credited to an account at the time the account is closed. |