Account Rates
Checking Accounts
Cha-Ching Rewards
Minimum Opening Deposit: $20.00
| Balance | Interest Rate | APY** |
|---|---|---|
| $0-10,000 When qualifications are met |
2.96% | 3.00% |
| Non-qualifying accounts & balances over $10,000 | 0.10% | 0.10% |
Click here to see qualification requirements. The annual percentage yield may change monthly as determined by the board of directors.
Advantage Plus
Earn monthly interest on this checking account with a minimum opening deposit of $2,000. Minimum balance to avoid a $5.00 monthly fee is $1,000.
You can access your share draft checking in our office, with your ATM or Visa Debit Card, free online banking & free bill pay on your computer or smartphone, or at any one of over 5,000 shared branch location.
| Minimum Opening Deposit | $2,000.00 |
| Minimum Balance to Maintain to avoid $5.00 monthly fee | $1,000.00 |
| Minimum Balance to Earn the Stated APY | $2,000.00 |
| Amount | Interest Rate | APY** |
|---|---|---|
| $2,000-4,999 | 0.60% | 0.60% |
| $5,000-14,999 | 0.70% | 0.70% |
| $15,000-29,999 | 0.80% | 0.80% |
| $30,000-49,999 | 0.90% | 0.90% |
| $50,000 + | 1.00% | 1.01% |
The annual percentage yield may change monthly as determined by the board of directors. Fees may reduce earnings on account.
Savings & Investing Rates
At Advantage Credit Union, we encourage our members to save so they can build economic security for themselves and their families. No matter what your savings goal is, we have an account that can help you achieve it! With options such as Christmas Club Accounts, Vacation Club Accounts, Individual Retirement Accounts, Term Share Accounts, and Money Market Accounts.
Prime Share
A Prime Share Account is our basic building block for financial success. This account unlocks all the benefits your credit union has to offer. Your $25 minimum deposit gives you ownership rights of the credit union as well as voting privileges in choosing our board of directors. Every member is required to keep at least $25 in the account at all times for membership. With this account, you will have access to the wide range of other great services that we provide at ACU!
| Prime Share Account | |
|---|---|
| Minimum Balance to Open: | $25 |
| Minimum Daily Balance: | $25 |
| Interest Rate: | 0.15% |
| Annual Percentage Yield: | 0.15% |
Interest is calculated on the daily balance method and paid monthly at rates set by the board of directors, based on credit union earnings. The annual percentage yield may change monthly as determined by the board of directors.
Account closure fee of $10.00 if account is closed within first 6 months of opening the account. Fees may reduce earnings on account.
Your deposits with Advantage Credit Union are federally insured up to at least $250,000 with the National Credit Union Share Insurance Fund. For more information on federal share insurance, go to www.ncua.gov or call the Credit Union at 800-824-2575.
Golden Share
A Golden Share Account may be opened anytime during the year and is a great high yield savings account. Many members use this account to save for future expenses, children's accounts, college funds, rainy day funds, and much more! This account is a truly flexible savings vehicle for anything worth saving for.
| Golden Share Account | |
|---|---|
| Minimum Balance to Open: | None |
| Minimum Daily Balance: | $0 |
| Minimum Balance to Earn Interest: | $1.00 |
| Interest Rate: | 0.30% APY** |
| Annual Percentage Yield: | 0.30% APY** |
Interest is calculated on the daily balance method and paid monthly at rates set by the board of directors, based on credit union earnings. The annual percentage yield may change monthly as determined by the board of directors. Fees may reduce earnings on account.
Your deposits with Advantage Credit Union are federally insured up to at least $250,000 with the National Credit Union Share Insurance Fund. For more information on federal share insurance, go to www.ncua.gov or call the Credit Union at (800) 824-2575.
Life Happens Savings
Life Happens is a great savings option that can help you save for unexpected expenses. Earn 1.00% APY* on the first $2,000**. Whether it is an unexpected medical expense or to help cover an insurance deductible, you'll be glad you saved up for when... Life Happens!
| Life Happens Savings Account | |
|---|---|
| Minimum Balance to Open: | None |
| Minimum Daily Balance: | $0 |
| Minimum Balance to Earn Interest: | $1.00 |
| Interest Rate up to 2,000: | 1.00% APY** |
| Interest Rate 2,001 +: | 0.30% APY** |
Interest is calculated on the daily balance method and paid monthly at rates set by the board of directors, based on credit union earnings. The annual percentage yield may change monthly as determined by the board of directors. Fees may reduce earnings on account.
Your deposits with Advantage Credit Union are federally insured up to at least $250,000 with the National Credit Union Share Insurance Fund. For more information on federal share insurance, go to www.ncua.gov or call the Credit Union at (800) 824-2575.
*APY is Annual Percentage Yield
**Not available for business, organizational, trust or estate accounts.
Christmas Club
A Christmas Club Account may be opened anytime during the year and deposits may be made up to October 31. The entire account balance will be paid out in early November. A Christmas Club Account is a great savings vehicle and budgeting tool that helps you stay on top of your finances when planning your holiday expenses.
| Golden Share Account | |
|---|---|
| Minimum Balance to Open: | None |
| Minimum Daily Balance: | $0 |
| Minimum Balance to Earn Interest: | $1.00 |
| Interest Rate: | 0.30% APY** |
| Annual Percentage Yield: | 0.30% APY** |
Interest is calculated on the daily balance method and paid monthly at rates set by the board of directors, based on credit union earnings. The annual percentage yield may change monthly as determined by the board of directors. Fees may reduce earnings on account.
Your deposits with Advantage Credit Union are federally insured up to at least $250,000 with the National Credit Union Share Insurance Fund. For more information on federal share insurance, go to www.ncua.gov or call the Credit Union at (800) 824-2575.
Vacation Club
A Vacation Club Account may be opened anytime during the year and deposits may be made up to April 30. The entire account balance will be paid out in May. A Vacation Club Account is a great savings vehicle and budgeting tool that helps you stay on top of your finances when planning your next family vacation.
| Vacation Club | |
|---|---|
| Minimum Balance to Open: | None |
| Minimum Balance to Earn Stated APY | $1.00 |
| Interest Rate: | 0.30% |
| Annual Percentage Yield: | 0.30% |
Interest is calculated on the daily balance method and paid monthly at rates set by the board of directors, based on credit union earnings. The annual percentage yield may change monthly as determined by the board of directors. Fees may reduce earnings on account.
Your deposits with Advantage Credit Union are federally insured up to at least $250,000 with the National Credit Union Share Insurance Fund. For more information on federal share insurance, go to www.ncua.gov or call the Credit Union at (800) 824-2575.
IRA
Individual Retirement Account
Advantage Credit Union offers both Traditional and ROTH Individual Retirement Accounts (IRA’s). When used at the credit union, these accounts can help you transition your investments between employers in the event of a job change or used as a savings vehicle in your retirement planning needs. For full disclosures on IRA accounts, click here.
| Minimum Balance | Interest Rate | APY** | |
|---|---|---|---|
| Traditional | None | 0.60% | 0.60% |
| ROTH | $100.00 | 0.60% | 0.60% |
Interest is calculated on the daily balance method.The annual percentage yield may change monthly as determined by the board of directors. Fees may reduce earnings on account.
Interest will be compounded and credited monthly at rates set by the board of directors based on earnings. Early withdrawal penalty may apply. Your deposits with Advantage Credit Union are federally insured for at least $250,000 with the National Credit Union Insurance Fund..
**APY = Annual Percentage Yield.
Health Savings
No Annual Fee! A Health Savings Account (HSA) is used for paying or reimbursing medical expenses through a high-deductible health insurance plan. They are a great way for people to manage heath care costs through tax savings.
| Health Savings Account | |
|---|---|
| Minimum Balance to Open: | None |
| Minimum Balance to Maintain Account: | $5.00 |
| Minimum Balance to Earn the Stated A.P.Y. | $100.00 |
| Amount | Interest Rate | APY** |
|---|---|---|
| $100-$4,999 | 0.80% | 0.80% |
| $5,000-$14,999 | 1.00% | 1.01% |
| $15,000+ | 1.50% | 1.51% |
** Annual Percentage Yield
Rates and Annual Percentage Yield are determined by which of the three tiers your daily balance falls in. Interest is calculated on the daily balance method and paid monthly at rates set by the board of directors, based on credit union earnings. The annual percentage yield may change monthly as determined by the board of directors. Fees may reduce earnings on account. Once a particular balance range is met, the dividend rate and APY for that balance range will apply to the full balance of your account.
Credit Union membership is required for any credit union accounts. Minimum balance of $25.00 in prime shares required for membership.
Consumers should consult with a qualified tax advisor for additional tax information.
Term Share
A Term Share, commonly referred to as a CD, offers higher yields than savings accounts with restricted availability of your funds.
| Term | Interest Rate | APY** |
|---|---|---|
| 6 mo. $1,000 min. | 3.05% | 3.09% |
| 6 mo. $50,000 min. | 3.55% | 3.61% |
| 6 mo. $100,000 min. | 4.05% | 4.13% |
| 12 mo. $1,000 min. | 2.90% | 2.94% |
| 12 mo. $50,000 min. | 3.40% | 3.45% |
| 12 mo. $100,000 min. | 3.90% | 3.97% |
| 24 mo. $1,000 min. | 2.51% | 2.54% |
| 24 mo. $50,000 min. | 3.01% | 3.05% |
| 24 mo. $100,000 min. | 3.51% | 3.57% |
| 36 mo. $1,000 min. | 2.30% | 2.33% |
| 36 mo. $50,000 min. | 2.80% | 2.84% |
| 36 mo. $100,000 min. | 3.30% | 3.35% |
| 12 mo Special | Not Available | |
Your deposits with Advantage Credit Union are federally insured up to at least $250,000 with the National Credit Union Share Insurance Fund. For more information on federal share insurance, go to www.ncua.gov or call the Credit Union at 800-824-2575. Penalty for early withdrawal. Fees may reduce earnings on account.
Money Market
A Money Market Account offers you the benefit of earning a higher interest rate while still having access to your funds. Transaction limitations apply. See disclosure for details.
| Money Market Account | |
|---|---|
| Minimum Opening Deposit | $5,000.00 |
| Minimum Balance to Earn the Stated A.P.Y. | $5,000.00 |
| Amount | Interest Rate | APY** |
|---|---|---|
| $5,000-24,999 | 1.50% | 1.51% |
| $25,000-49,999 | 1.55% | 1.56% |
| $50,000-99,999 | 1.70% | 1.71% |
| $100,000 + | 1.90% | 1.92% |
Rates and Annual Percentage Yield are determined by which of the four tiers your average daily balance falls in. Once a particular balance range is met, the interest rate and APY for that balance range will apply to the full balance of your account. Interest will be compounded and credited monthly. The interest period for this account is monthly beginning on the first day of each month and ending on the last day of each month. The annual percentage yield may change monthly as determined by the board of directors. Fees may reduce earnings on account.
Coverdell Education Savings
A Coverdell Education Account is used to help pay for qualified education expenses. This tax-advantage account is designed to encourage savings to cover expenses such as tuition, books, uniforms, etc.
| Coverdell Education Account | |
|---|---|
| Interest Rate | 0.60% |
| APY** | 0.60% |
| Minimum Opening Deposit | $100 |
| Minimum Balance to Earn the Stated APY | $100 |
Interest is calculated on the daily balance method.The annual percentage yield may change monthly as determined by the board of directors. Fees may reduce earnings on account.
Interest will be compounded and credited monthly at rates set by the board of directors based on earnings. Early withdrawal penalty may apply. Your deposits with Advantage Credit Union are federally insured for at least $250,000 with the National Credit Union Insurance Fund..
**APY = Annual Percentage Yield.
Consumers should consult with a qualified tax advisor for additional tax information.