Business Rates

Effective as of 05-23-2017 by NSWC FCU.

Business Share & Certificate Rates

Type of Account

Annual Percentage Yield

Dividend Rate

6-Month Share Certificate*

6-Month Share Certificate*

0.25%

0.25%

9-Month Share Certificate*

$100.00 - $24,999.99

0.40%

0.40%

$25,000.00 + over

0.40%

0.40%

1-Year Share Certificate*

$100.00 - $24,999.99

0.65%

0.65%

$25,000.00 + over

0.65%

0.65%

2-Year Share Certificate*

$100.00 - $24,999.99

0.90%

0.90%

$25,000.00 + over

0.90%

0.90%

3-Year Share Certificate*

$100.00 - $24,999.99

1.15%

1.15%

$25,000.00 + over

1.15%

1.15%

5-Year Share Certificate*

$100.00 - $24,999.99

1.61%

1.60%

$25,000.00 + over

1.61%

1.60%

Minimum deposit $100. Penalty will apply for early withdrawal. Rates and Terms subject to change after account opening. Minimum balance required to obtain APY.

*Dividends paid at maturity.

**Dividends compounded quarterly and paid at maturity.

 

Type of Account

Annual Percentage Yield

Dividend Rate

Business Prime Share Savings

0.25%

0.25%

Minimum balance of $1.00 required to obtain Credit Union membership. Dividends paid quarterly. Rates and Terms subject to change. Account transfer limitations may apply. Minimum balance required to obtain APY.

 

Type of Account

Annual Percentage Yield

Dividend Rate

Business Regular Shares

0.25%

0.25%

Minimum balance of $1.00. Rates and Terms subject to change after account opening. Dividends paid quarterly. Account transfer limitations may apply. Minimum balance required to obtain APY.

 

Type of Account

Annual Percentage Yield

Dividend Rate

Business Premium Savings

$0.01 - $9,999.99

No Dividends Earned

No Dividends Earned

$10,000.00 - $24,999.99

0.25%

0.25%

$25,000.00 - $99,999.99

0.30%

0.30%

$100,000.00 + over

0.40%

0.40%

Minimum balance of $1.00. Rates and Terms subject to change after account opening. Dividends paid quarterly. Account transfer limitations may apply. Cannot be used for Overdraft Protection. Minimum balance required to obtain APY.

 

Type of Account

Annual Percentage Yield

Dividend Rate

Business Checking

0.00%

0.00%

Minimum balance of $1.00. Balance required to earn dividends is $1,000. Dividends paid monthly. No monthly Service Charge. Minimum balance required to obtain APY. 150 free items per month. Fees may reduce earnings. Rates and Terms subject to change after account opening. For more information, see the Business Fee Schedule.

 

Type of Account

Annual Percentage Yield

Dividend Rate

Commercial Checking

0.00%

0.00%

Minimum balance of $1.00. Balance required to earn dividends is $1,000. Dividends paid monthly. Monthly Service Charge assessed if average daily balance is below $1,000.00. 250 free items per month. Fees may reduce earnings. Rates and Terms subject to change after account opening. For more information, see the Business Fee Schedule.

 

Type of Account

Annual Percentage Yield

Dividend Rate

Business Benefit

$0.00 - $1,999.99

0.00%

0.00%

$2,000.00 - $19,999.99

0.25%

0.25%

$20,000.00 - $49,999.99

0.25%

0.25%

$50,000.00 + over

0.25%

0.25%

Minimum balance of $1.00. Balance required to earn dividends is $2,000. Dividends paid monthly. Monthly Service Charge assessed if average daily balance is below $2,000.00. 250 free items per month. Fees may reduce earnings. Rates and Terms subject to change after account opening. For more information, see the Business Fee Schedule.

See the Business Membership and Account Agreement for complete disclosures.

Dividends on all accounts are declared at the close of the dividend period by the Board of Directors and are subject to change at any time. Dividends on all shares are paid from available earnings after transfers to required reserves and cannot be guaranteed. Dividends begin to accrue on all deposits (including non-cash deposits) on the same day they are deposited. Share draft printing fees vary.

Rates are subject to change after account opening. For more information about fees and other terms that apply, call the Member Service Department at 540-663-2181 or 540-373-5127.