BEN E. KEITH EMPLOYEES FEDERAL CREDIT UNION
RATE SCHEDULE - DEPOSIT ACCOUNTS
Updated 8/19/2008
Regular Shares
Large Deposit Advantage
Christmas Savings Program**
Vacation Savings Program*
Share Certificates***
Annual Percentage Yield (APY)
.0753
1.2560
Declared at maturity
2.5
Dividend Rate
.75
1.25
0
Minimum Opening Balance
$50
$20,000
$0
$5000
Minimum Daily Balance
We now offer “Share Certificates”
Come in and get yours today.
New Money CD
Deposit Range
TERMS
6 mo
12mo
2 yr
$ 500.00
-
$ 999.99
2.50
2.90
3.05
$ 1,000.00
$ 4,999.99
2.76
3.01
3.16
$ 5,000.00
$ 24,999.99
3.02
3.12
3.27
$ 25,000.00
>
3.40
3.55
3.65
Rate Information
Dividend Information
Balance Requirements
Dividend rate and annual percentage yield my change at any time, as determined by the credit union Board of Directors
Dividends compounded and credited quarterly.
*Dividends will not be compounded.
**Dividends will be credited to your account every year.
***Dividends will be compounded and credited quarterly.
*** Early withdrawal penalties my apply.
Dividends are calculated by the daily average method, which applies a periodic rate to the average daily balance in the account for the period.
Withdrawal of Dividends Prior to Maturity
Accrual of Dividends on Non-Cash Deposits
The annual percentage is based on an assumption that dividends will remain in the account until maturity. A withdrawal will reduce earnings.
Dividends will begin to accrue on the first business day after the banking day you place non-cash items (for example, checks) to your account.
* APR is Annual Percentage Rate.
**APY is Annual Percentage Yield.
