Certificate (Savings and IRA)

Certificates & IRAs

These certificate, money market and IRA investment account rates are effective as of 12/1/2019.

TermDividend RateAnnual Percentage Yield
6 Month0.49%0.50%
9 Month0.49%0.50%
10 Month*1.73%1.75%
10 Month*2.07%2.10%
12 Month0.94%0.95%
18 Month1.24%1.25%
24 Month2.17%2.20%
36 Month1.73%1.75%
48 Month1.98%2.00%
60 Month2.22%2.25%

Open Account

Money Market

Effective as of 12/1/2019

Minimum Balance to Earn APYDividend RateAnnual Percentage Yield
$5–$24,999.990.24%0.25%
$25,000–$49,999.990.29%0.30%
$50,000–$74,999.990.34%0.35%
$75,000 and above0.39%0.40%

Open Account

IRA Savings Account

Effective as of 12/1/2019

ProductDividend RateAnnual Percentage Yield
Savings0.34%0.35%

Disclosures

*Special 10-Month Certificate

Special promotional rate subject to end without notice. $2,500 minimum requirement to open and a minimum of $2,500 to earn the advertised APY. At maturity, the certificate will roll over to a 9 month term at the prevailing rate. Certificate special at promotional rate of 2.10% APY requires a checking account relationship with a monthly direct deposit of $500 or greater. Qualifying direct deposits are recurring electronic deposits of your paycheck, pension or government benefit (such as Social Security) from your employer or the government. Person-to-person and bank transfers between your Freedom Credit Union accounts or accounts you have with other institutions do not qualify. A penalty will be imposed for early withdrawal. Effective fees may reduce dividend earned.

IRA/Savings Certificate

There is a $500 minimum requirement to open and a minimum balance requirement of $500 to earn the advertised annual percentage yield. A penalty will be imposed for early withdrawal. Effective fees may reduce dividend earned. See fee schedule.

Money Market Account

There is a $2,000 minimum requirement to open the account and that minimum daily balance must be maintained to avoid a minimum balance fee. If, during any month, the account balance falls below the required minimum balance, the account will be subject to a minimum balance fee. A minimum balance of $5 must be maintained to earn the advertised annual percentage yield. Effective fees may reduce dividend earned. See fee schedule.

IRA Savings Account

There is a $5 minimum balance requirement to open the account and that minimum balance must be maintained to earn the advertised annual percentage yield. Effective fees may reduce dividend earned. See fee schedule.

APY = Annual Percentage Yield

Rate Information

The dividend rate and annual percentage yield may change at any time, as determined by the Credit Union Board of Directors.

Do NOT follow this link or you will be banned from the site!

We use cookies on this site to enhance your user experience. By clicking the Dismiss button on this page, you are giving your consent for us to set cookies. Privacy Policy

Dismiss

Skip to content