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Savings & Money Market Rates

Rates current as of January 2, 2015 - subject to change.


 

High Rate Savings

Minimum Balance  Dividend % Rate  Annual % Yield
$25,000-$74,999 0.499 0.50
$75,000 & over 0.598 0.60

IRA Savings

Minimum Balance  Dividend % Rate  Annual % Yield 
None 0.797 0.80

 

Club / Special Savings

Minimum Balance  Dividend % Rate  Annual % Yield 
None 0.100 0.10

 

Regular / Business Savings**

Minimum Balance  Dividend % Rate  Annual % Yield 
$5.00 0.100 0.10

 

Health Savings (HSA)

 Minimum Balance Dividend % Rate  Annual % Yield 
$0-$4,999 0.747 0.75
$5,000 & over 0.995 1.00

 

Platinum Money Market 

Minimum
Balance

Dividend % Rate
with Checking***

Annual % Yield
with Checking***


Dividend % Rate
w/o Checking


Annual % Yield
w/o Checking


 $35,000-$49,999  0.449  0.45  0.349  0.35
 $50,000-$74,999  0.549  0.55  0.449  0.45
 $75,000-$99,999  0.648  0.65  0.549  0.55
 $100,000-$149,999  0.747  0.75  0.648  0.65
 $150,000 & over  0.847  0.85  0.747  0.75

 :

Traditional Money Market

Minimum
Balance

Dividend % Rate
with Checking***
Annual % Yield
with Checking***

Dividend % Rate
w/o Checking

Annual % Yield
w/o Checking

$2,500-$9,999
0.300
0.30
0.200
0.20
$10,000-$19,999
0.349
0.35
0.250
0.25
$20,000 & over
0.399
0.40
0.300
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/Business Savings - $5 minimum balance in a Regular/Business Savings account is required for all Altra members; this is your ownership share in the Credit Union. Regular/Business 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.