Take advantage of attractive yields on federally insured deposits at Virginia Credit Union. The following deposit product information is applicable to your VACU accounts as of the effective date shown below.
Effective Date: March 12, 2010
| Product |
Minimum Opening Deposit |
Minimum to Earn APY |
Dividend Rate |
Annual Percentage Yield (APY) |
Compounding Frequency |
| Checking Plus |
|
|
|
|
|
| |
$20 |
$1 |
0.48% |
0.50% |
monthly |
| |
$20 |
$5,000 |
0.74% |
0.75% |
monthly |
| Extra Credit Checking (ages 15-22) |
|
|
|
|
| |
$0 |
$1 |
0.48% |
0.50% |
monthly |
| |
$0 |
$5,000 |
0.74% |
0.75% |
monthly |
APYs may change after account is opened. Fees may reduce earnings on your accounts.
| Product |
Minimum
Opening
Deposit |
Minimum
to Earn
APY |
Dividend Rate |
Annual
Percentage
Yield (APY) |
Compounding
Frequency |
| Savings |
|
|
|
|
|
| |
$5 |
$100 |
0.49% |
0.50% |
quarterly |
| |
$5 |
$500 |
0.74% |
0.75% |
quarterly |
APYs may change after account is opened. Fees may reduce earnings on your accounts.
For Regular Savings there is no minimum balance to earn APY for members under age 21.
Money Market Savings Rates
| Product |
Minimum Opening Deposit |
Minimum to Earn APY |
Dividend Rate |
Annual Percentage Yield (APY) |
Compounding Frequency |
| Premium |
|
|
|
|
|
| |
$10,000 |
$100 |
0.49% |
0.50% |
monthly |
| |
$10,000 |
$10,000 |
0.99% |
1.00% |
monthly |
| Premium Plus |
|
|
|
|
|
| |
$25,000 |
$100 |
0.49% |
0.50% |
monthly |
| |
$25,000 |
$25,000 |
1.19% |
1.20% |
monthly |
| |
$25,000 |
$50,000 |
1.29% |
1.30% |
monthly |
| |
$25,000 |
$100,000 |
1.39% |
1.40% |
monthly |
APYs may change after account is opened. Fees may reduce earnings on your accounts.
Savings Certificate Rates
| Product |
Minimum
Opening
Deposit |
Minimum
to Earn
APY |
Dividend Rate |
Annual
Percentage
Yield (APY) |
Compounding
Frequency |
| 3 month certificate¹ |
|
|
|
|
| |
$500 |
$500 |
.79% |
.80% |
quarterly |
| |
$25,000 |
$25,000 |
.89% |
.90% |
monthly |
| |
$50,000 |
$50,000 |
0.99% |
1.00% |
monthly |
| 6 month certificate¹ |
|
|
|
|
| |
$500 |
$500 |
1.19% |
1.20% |
quarterly |
| |
$25,000 |
$25,000 |
1.29% |
1.30% |
monthly |
| |
$50,000 |
$50,000 |
1.39% |
1.40% |
monthly |
| 12 month certificate¹ |
|
|
|
|
| |
$500 |
$500 |
1.49% |
1.50% |
quarterly |
| |
$25,000 |
$25,000 |
1.59% |
1.60% |
monthly |
| |
$50,000 |
$50,000 |
1.69% |
1.70% |
monthly |
| 24 month certificate |
|
|
|
|
| |
$500 |
$500 |
1.78% |
1.80% |
quarterly |
| |
$25,000 |
$25,000 |
1.88% |
1.90% |
monthly |
| |
$50,000 |
$50,000 |
1.98% |
2.00% |
monthly |
| 36 month certificate |
|
|
|
|
| |
$500 |
$500 |
2.28% |
2.30% |
quarterly |
| |
$25,000 |
$25,000 |
2.38% |
2.40% |
monthly |
| |
$50,000 |
$50,000 |
2.48% |
2.50% |
monthly |
| 60 month certificate |
|
|
|
|
| |
$500 |
$500 |
2.77% |
2.80% |
quarterly |
| |
$25,000 |
$25,000 |
2.87% |
2.90% |
monthly |
| |
$50,000 |
$50,000 |
2.97% |
3.01% |
monthly |
A penalty may be imposed for early withdrawals.
Earn a bonus rate on your renewed standard certificate with a Relationship Package. For more information, contact us.
¹ If you desire an add-on feature for certificates of $25,000 or more, to make additional deposits to the certificate during its term, please contact us for rates.
Individual Retirement Account Rates
| Product |
Minimum
Opening
Deposit |
Minimum
to Earn
APY |
Dividend Rate |
Annual
Percentage
Yield (APY) |
Compounding
Frequency |
| 12 month IRA |
|
|
|
|
| |
$100 |
$100 |
1.49% |
1.50% |
quarterly |
| |
$25,000 |
$25,000 |
1.59% |
1.60% |
monthly |
| |
$50,000 |
$50,000 |
1.69% |
1.70% |
monthly |
| 18 month variable rate IRA |
|
|
|
|
|
| |
$100 |
$100 |
1.73% |
1.75% |
quarterly |
| |
$25,000 |
$25,000 |
1.83% |
1.85% |
monthly |
| |
$50,000 |
$50,000 |
1.93% |
1.95% |
monthly |
| 24 month IRA |
|
|
|
|
| |
$100 |
$100 |
1.78% |
1.80% |
quarterly |
| |
$25,000 |
$25,000 |
1.88% |
1.90%
|
monthly |
| |
$50,000 |
$50,000 |
1.98% |
2.00% |
monthly |
| 36 month IRA |
|
|
|
|
| |
$100 |
$100 |
2.28% |
2.30% |
quarterly |
| |
$25,000 |
$25,000 |
2.38% |
2.40% |
monthly |
| |
$50,000 |
$50,000 |
2.48% |
2.50% |
monthly |
| 60 month IRA |
|
|
|
|
| |
$100 |
$100 |
2.77% |
2.80% |
quarterly |
| |
$25,000 |
$25,000 |
2.87% |
2.90% |
monthly |
| |
$50,000 |
$50,000 |
2.97% |
3.01% |
monthly |
A penalty may be imposed for early withdrawals. Fees may reduce earnings on your account.
Earn a bonus rate on your renewed IRA with a Relationship Package. For more information, contact us.
Health Savings Account rates
| Product | Minimum
Opening
Deposit | Minimum
to Earn
APY | Dividend Rate | Annual Percentage Yield | Compounding Frequency | | HSA | | | | | | | $5 | $100 | 0.99% | 1.00% | quarterly |
APY is subject to change after account is opened. Fees may reduce earnings on your account.
|
|