Deposit Account Rates

Posted rates are as of May 1st, 2013  and may be changed by the Board of Directors at any time. Please check with us to verify current rates.

Early withdrawal penalties apply, see River Valley Credit Union for details.

See our Deposit page for details about each of these account types.

Tiered Money Market Account**

Minimum Balance Required to Earn Annual PercentageYield (APY)		Rate	APY
Balance of	$50,000+	.20%	.20%
Balance of	$25,000 – 49,999.99	.20%	.20%
Balance of	$10,000 – $24,999.99	.20%	.20%
Balance of	$2,500 – $9,999.99	.20%	.20%
Balance of	$1,000 – $2,499.99	.20%	.20%

Minimum Balance Required to Open Account: $1,000.00

Certificate & IRA Rates

Minimum to open certificates: $500.00. Additional deposits may only be made to certificates with terms of 12 months or under.

Minimum to open IRA: $25.00

Certificate	Rate	APY*
3 Month Certificate	.20%	.20%
6 Month Certificate	.20%	.20%
12 Month Certificate	.20%	.20%
24 Month Certificate	.25%	.25%
30 Month Certificate	.25%	.25%
36 Month Certificate	.30%	.30%
48 Month Certificate	.50%	.50%
60 Month Certificate	.50%	.50%

* APY = Annual Percentage Yield

A penalty may be assessed for early withdrawal and will affect the APY earned on the certificate. Any certificate may be opened as an Individual Retirement Account. The APY for IRA’s will be the same as regular certificates of deposit, unless offered as an IRA special.

Share Accounts*

	Rate	APY
Base Share Accounts (min. to open $25.00)	.20%	.20%
Christmas Club (requires base share to open)	.20%	.20%
Vacation Club (requires base share to open)	.20%	.20%
Tax Account (requires base share to open)	.20%	.20%
Special Account (requires base share to open)	.20%	.20%
IRA Share Account (requires base share to open)	.20%	.20%

Draft Account (checking)	No dividends paid on this account
Senior Classic Draft (checking)	No dividends paid on this account

If you would like additional information, please get in touch with one of our offices.

*No more than six (6) preauthorized, automatic, telephone transfers, online banking transfers or overdraft protection transfers may be made from each account to another account or to a third party in any month, and no more than three (3) of these six (6) transfers may be made by check, draft or debit card to a third party. If you exceed these limitations, your account may be subject to closure. As always, transfers made in person from either a savings account or money market account are unlimited.

**If the balance in your money market account falls below $1000, there will be a $25 service charge. If minimum balances are not met for six consecutive months, the account will automatically be closed.

***Fees may reduce the earnings on share and money market accounts