Savings Account Rates: Effective: 07/01/2008
Truth In Savings Disclosures (Adobe Acrobat File)
We can help you save, but for additional information about saving (and investing), use our Savings & Investments resources.
| ACCT |
MIN* |
APR** |
APY ' |
| Regular Shares |
$5.00** |
.25% APR |
.25% APY |
| Special Deposit/Tiered |
Less than $20,000-$20,000-$49,999 $50,000 -$74,999 $75,000-$99,999 $100,000 - & Over |
2.00% APR 2.10% APR 2.20% APR 2.40% APR 2.50% APR |
2.02% APY 2.12% APY 2.22% APY 2.42% APY 2.52% APY |
| Christmas Club |
$.50**** |
.25% APR |
.25% APY |
| IRA |
$5.00 |
1.50% APR |
1.51% APY |
 ' APR: Annual Percentage Rate, APY: Annual Percentage Yield
* Minimum deposit to open account and obtain APY
** A minimum of $5.00 is required to maintain your share account. The minimum balance to earn APY is $250.00 for those over 18, $5.00 for under. *** A minimum of $2,000.00 is required in your regular shares to open and obtain the APY. Minimum of $1,000.00 is required in regular Youth Accounts (under the age of 18 years) to open and obtain the APY.
**** A minimum deposit to open club is $.50. Minimum balance required to earn APY is $5.00
IRA Certificates of Deposit: Annual Percentage Yields -Effective: 09/09/2008
| Term Cert. |
APR* |
APY** |
| 1 year/quarterly |
3.70%APR Special Rate- Eff. 10-13-08 |
3.75%APY |
| 2 year/quarterly |
3.50% APR Special Rate- Eff. 9-19-08 |
3.55% APY |
| 3 year/quarterly |
3.60% APR Special Rate- Eff. 9-19-08 |
3.65% APY |
| 4 year/quarterly |
3.95% APR Special Rate- Eff. 9-12-08 |
4.01% APY |
| 5 year/quarterly |
3.95% APR Special Rate- Eff. 9-12-08 |
4.01% APY |
| 6 year/quarterly |
3.75% APR |
3.80% APY |
*APR: Annual Percentage Rate
**APY: Annual Percentage Yield
***Rates are subject to change
- Minimum deposit $500.00 for IRA and regular certificate of deposit
CD Rates: Effective: 09/09/2008 Rates are subject to change
Browse our informative articles, use our financial calculators, and find great resources to help make these important decisions easier and more convenient.
| Term of Certificate |
Annual Int Rate |
Annual % Yield |
| 182 days/monthly |
3.20% APR Special Rate-Eff. 10-13-08 |
3.25% APY |
| 12 mo/monthly |
3.69% APR Special Rate-Eff.10-13-08 |
3.75% APY |
| 24 mo/quarterly |
3.50% APR Special Rate-Eff. 9-19-08 |
3.55% APY |
| 36 mo/quarterly |
3.60% APR Special Rate-Eff. 9-19-08 |
3.65% APY |
| 48 mo/quarterly |
3.95% APR Special Rate-Eff. 9-12-08 |
4.01% APY |
| 60 mo/ quarterly |
3.95% APR Special Rate-Eff. 9-12-08 |
4.01% APY |
| 72 mo/ quarterly |
3.75% APR |
3.80% APY |
| |
|
|
| |
12 mo/quarterly-3.70%apr/3.75%apy |
|
| |
Note: Add .05% for $75,000 and over. |
|
| |
APRs/APYs may vary on monthly/quarterly interest paid. Rates are subject to change. |
|
| |
|
|
| |
|
|
| |
|
|
*Minimum deposit of $250.00 is required for Youth CD (up to age 18 years old)-same early withdrawal penalty applies.
Advancing Rate / 2 year Certificate / min. $1,000.00: Effective: 09/09/2008
| Interval/qtrly |
Annual Interest Rate |
Annual Percentage Yield |
| Purchase to 6 months |
2.99% APR |
3.02% APY |
| 6 months to 12 months |
3.20% APR |
3.24% APY |
| 12 months to 18 months |
3.20% APR |
3.24% APY |
| 18 months to 24 months |
3.25% APR |
3.29% APY |
- Members have the choice of Interest:
- Mailed via check
- Deposited in another type savings
- Put into certificate of deposit (compound)
- Rates may change at any time, however, are fixed for term of certificate. A penalty is imposed for early withdrawal.
APR - Annual Percentage Rate APY - Annual Percentage Yield
Good Shepherd CU
4111 Fort Street
Lincoln Park, Michigan
48146
313.386.9220
Fax: 313.386.4317
mbrsvc@goodshepherdcu.org
|
