Savings Rates: Effective 09/01/2023
| INVESTMENT ACCOUNTS (includes IRA CDs) | ||||||
|---|---|---|---|---|---|---|
| Services Offered | $1,000 to $49,999.99 | Jumbo ($50K plus) | ||||
| Certificate of Deposit (Regular and IRA Certificates Of Deposit) |
Term
6 Months 1 Year 18 Months 2 Years 3 Years 4 Years 5 Years |
Minimum Deposit
$1,000.00 $1,000.00 $1,000.00 $1,000.00 $1,000.00 $1,000.00 $1,000.00 |
Rate
2.00% 3.25% 4.65% 4.25% 4.00% 4.00% 3.75% |
APY1
2.02% 3.30% 4.75% 4.33% 4.07% 4.07% 3.82% |
Rate
2.25% 3.50% 4.90% 4.50% 4.25% 4.25% 4.00% |
APY1
2.27% 3.56% 5.01% 4.60% 4.33% 4.33% 4.07% |
| Payroll Growth CD | 1 Year | $100.00 | .25% | .25% | – | – |
| Services Offered | $0 to $4,999.99 | $5K to $19,999.99 | $20,000.00 plus | |||
| Rate | APY1 | Rate | APY1 | Rate | APY1 |
|
|
.85% .85% .85% .85% |
.85% .85% .85% .85% |
1.55% 1.55% 1.55% 1.55% |
1.56% 1.56% 1.56% 1.56% |
2.25% 2.25% 2.25% 2.25% |
2.27% 2.27% 2.27% 2.27% |
|
| MONEY MARKET ACCOUNTS | ||||||
|---|---|---|---|---|---|---|
| Services Offered | $0 to $4,999.99 | $5K to $19,999.99 | $20,000.00 plus | |||
| Rate | APY1 | Rate | APY1 | Rate | APY1 | |
| Money Market | 0.00% | 0.00% | 1.45% | 1.46% | 1.75% | 1.76% |
| SPECIAL PROMOTIONS | ||
|---|---|---|
| Services Offered | Minimum Deposit $1,000 |
|
| Rate | APY1 | |
| 9 Month Certificate of Deposit2 (LIMITED TIME ONLY – MUST BE NEW MONEY TO INVESTEX) |
5.25% | 5.38% |
1ANNUAL PERCENTAGE YIELD (“APY”). The Annual Percentage Yield is a Rate 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. For accounts subject to Dividend Compounding, the Annual Percentage Yield is based on an assumption that dividends will remain on deposit until maturity.
DIVIDEND COMPOUNDING AND CREDITING. The compounding and crediting frequency of dividends are stated in the Rate Schedule of our Truth-in-Savings Disclosure.
ACCRUAL OF DIVIDENDS. For all earning accounts, dividends will begin to accrue on non-cash deposits (e.g., checks) on the business day you make the deposit to your account. For all Non-Certificate of Deposit Accounts, if you close your account before accrued dividends are credited, you will not receive the accrued dividends.
2SPECIAL PROMOTIONS. Deposits made into Special Promotional Accounts must be New Money to InvesTex Credit Union.
RATES. Rates are subject to change with, or without notice. All deposits are insured by American Share Insurance (ASI).
