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Savings & Money Market Rates

Rates current as of April 1, 2014 - subject to change.


High Rate Savings

Minimum Balance
$25,000-$74,999
$75,000 & over

Dividend % Rate
0.499
0.598

Annual % Yield
0.50
0.60


IRA Savings

Minimum Balance
None

Dividend % Rate
0.797

Annual % Yield
0.80


Club Savings

Minimum Balance
None

Dividend % Rate
0.100

Annual % Yield
0.10


Regular / Special Savings**

Minimum Balance
$5.00

Dividend % Rate
0.100

Annual % Yield
0.10


Health Savings (HSA)

Minimum Balance
$0-$4,999
$5,000 & over

Dividend % Rate
0.747
0.995

Annual % Yield
0.75
1.00

Platinum Money Market

Minimum
Balance

$35,000-$49,999
$50,000-$74,999
$75,000-$99,999
$100,000-$149,999
$150,000 & over

Dividend % Rate
w/ checking***

0.449
0.549
0.648
0.747
0.847

Annual % Yield
w/ checking***
0.45
0.55
0.65
0.75
0.85

Dividend % Rate
w/o checking

0.349
0.449
0.549
0.648
0.747

Annual % Yield
w/o checking

0.35
0.45
0.55
0.65
0.75

Traditiona Money Market

Minimum
Balance

$2,500-$9,999
$10,000-$19,999
$20,000 & ove

Dividend % Rate
w/ checking***

0.300
0.349
0.399

Annual % Yield
w/ checking***
0.30
0.35
0.40

Dividend % Rate
w/o checking

0.200
0.250
0.300

Annual % Yield
w/o checking

0.20
0.25
0.30



All Money Market, High Rate Savings, and Platinum Checking Accounts earn 0.10% dividend rate with 0.10% APY if balance falls below required minimum. The Dividend Rate and Annual Percentage Yield are the prospective rates and yields Altra anticipates paying for the applicable dividend period. Contact Altra for additional account disclosure information.

**Regular/Special Savings - $5 minimum balance in a Regular/Special Savings account is required for all Altra members; this is your ownership share in the Credit Union. Regular/Special Savings account pays dividends quarterly.

***Annual Percentage Yield-based on checking with direct deposit. Rate will revert to “No Checking” APY shown if no direct deposit during a cycle. Penalty for early withdrawals will equal 90 days dividends for terms 12-months and lower, and 180 days dividends for terms over 12-months. Savings federally insured by NCUA to $250,000 with IRA Savings insured separately for an additional $250,000. Based on account ownership, you may be eligible for more insurance coverage on your savings. Contact Altra for complete details.