Deposit Account Interest Rates

Posted interest rates are as of September 1, 2020 and may be changed by the Board of Directors at any time. Please check with us to verify current interest 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 Percentage Yield (APY)RateAPY
Balance of$50,000+.20%.20%
Balance of$25,000 – 49,999.99.15%.15%
Balance of$10,000 – $24,999.99.15%.15%
Balance of$2,500 – $9,999.99.10%.10%
Balance of$1,000 – $2,499.99.10%.10%

Minimum Balance Required to Open Account: $1,000.00

Certificate & IRA Rate 

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: $500.00

CertificateRate APY*
3 Month Certificate.10%.10%
6 Month Certificate.10%.10%
12 Month Certificate.10%.10%
18 Month Certificate.10%.10%
24 Month Certificate.15%.15%
30 Month Certificate.15%.15%
36 Month Certificate.20%.20%
48 Month Certificate.25%.25%
60 Month Certificate .25%.25%
* 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*

Base Share Accounts (min. to open $25.00).10%.10%
Christmas Club (requires base share to open).10%.10%
Vacation Club (requires base share to open).10%.10%
Tax Account (requires base share to open).10%.10%
Special Account (requires base share to open).10%.10%
IRA Share Account (requires base share to open).10%.10%
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 savings account to another account or to a third party in any month. If you exceed these limitations, your account may be subject to a fee or closure.
As always, transfers made in person from either a savings account or money market account are unlimited.
***Fees may reduce the earnings on share and money market accounts