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MPCU Rates Schedule
Effective November 1, 2008
| Type of Account |
Minimum Balance |
APR |
APY |
Compound Frequency |
Regular Share
S/O ($6 minimum to open) |
$5.00 -$4,999.99 |
0.30% |
0.30% |
Monthly |
| |
$5,000.00 |
0.40% |
0.38% |
Monthly |
| |
$20,000.00 |
0.50% |
0.50% |
Monthly |
Daily Shares/Medical Savings/Share Escrow/Bridal Registery/New Arrival
S40/S80/SE/S41/S42/S43 |
$5.00 – $4,999.99 |
0.30% |
0.30% |
Monthly |
| |
$5,000.00 |
0.40% |
0.38% |
Monthly |
| |
$20,000.00 |
0.50% |
0.50% |
Monthly |
Share Draft
S/20 |
$0-$4,999.99 |
0.00% |
0.00% |
Monthly |
| |
$5,000.00-$24,999.99 |
0.08% |
0.15% |
Monthly |
| |
$25,000.00 & over |
0.15% |
0.15% |
Monthly |
Money Market Draft
S/25 |
$0.00-$2,499.99 |
0.55% |
0.55% |
Monthly |
| |
$2,500.00-$19,999.99 |
0.65% |
0.55% - 0.64% |
Monthly |
| |
$20,000.00 & over |
1.75% |
0.64% - 1.76% |
Monthly |
Looney Tunes/CU Succeed
S/50 S/55 |
$5.00 |
0.25% |
0.25% |
Monthly |
| |
$5,000.00 |
0.35% |
0.35% |
Monthly |
| |
$20,000.00 |
0.50% |
0.50% |
Monthly |
IRA Shares
I70/71 |
$0.00 – $19,999.99 |
1.75% |
1.76% |
Monthly |
| |
$20,000.00 & over |
1.98% |
2.00% |
Monthly |
| Certificates |
6 Month
(for new money only) |
N/A |
N/A |
N/A |
Pays on Maturity |
| 12 Month |
$1,000.00 |
2.62% |
2.65% |
Pays Quarterly |
| 24 Month |
$1,000.00 |
2.67% |
2.70% |
Pay Quarterly |
| 36 Month |
$1,000.00 |
2.92% |
2.95% |
Pays Quarterly |
| 5 Year |
$500.00 |
3.41% |
3.45% |
Pays Quarterly |
Truth in Savings Account Disclosure
Except as specifically described, the following disclosures apply to all of the accounts. The Dividend Rate and Annual Percentage Yield (APY) on your accounts are set forth above. The Annual Percentage Rate (APR) that reflects the total amount of dividends to be paid on an account based on the dividend rate and frequency of compounding for an annual period. The Dividend Rate and Annual Percentage Yield (APY) may change as determined by the Board of Directors. Rates are subject to change without notice. Current rates may be confirmed by contacting the credit union. Early withdrawal penalties may apply to all certificates. Fees may reduce earnings on all accounts.
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