Savings Rates
| Savings Dividend Rates | |
| Effective Date: 2/1/2012 | |
| Type | APY(Annual Percentage Yield) |
| Regular Savings and Clubs | 0.20% |
| No Fee Money Market, $2,000 - $19,999.99 | 0.25% |
| No Fee Money Market, $20,000 and over | 0.30% |
| No Fee Jumbo Money Market, $75,000.01 and over | 0.40% |
| IRA Accumulator | 0.30% |
| Certificate Accumulator | 0.20% |
| Dividend Checking | 0.20% |
| Health Savings Account, below $2,500 | 0.25% |
| Health Savings Account, $2,500 - $9,999 | 0.30% |
| Health Savings Account, $10,000 and over | 0.90% |
Rates are accurate as of 2/1/2012 and subject to change at any time. | |
Annual percentage yield on regular savings is accurate as of the last declaration date of 1/1/2011. Rates may change after a savings, money market or checking account is opened. Disclosures available upon request. Minimum balance to earn is $100 for regular savings, $1,000 for IRA, $2,000 for money market, $75000.01 for jumbo money market and $100 for dividend checking. Fees could reduce earnings on accounts. We may offer different rates in the future. APY = annual percentage yield. | |
| Share Certificate Rates | |
| Effective Date: 2/1/2012 | |
| Term | APY(Annual Percentage Yield) |
| 3 Month* | 0.25% |
| 6 Month | 0.25% |
| 9 Month | 0.25% |
| 12 Month | 0.25% |
| 18 Month | 0.40% |
| 24 Month | 0.60% |
| 30 Month | 0.80% |
| 36 Month | 1.00% |
| 48 Month | 1.25% |
60 Month |
1.75% |
| 37 Month Bump-Up Certificate** | 0.90% |
| 57 Month Bump-Up Certificate** | 1.50% |
Rates are accurate as of 2/1/2012 and subject to change at any time. | |
*3-month certificate is for MINORS ONLY with a minimum of $500. | |
Penalty will be imposed for early withdrawal. Disclosures available upon request. Rates are accurate as of 1/1/2011 and subject to change at any time. Contact Genfed staff for more information about current rates, terms and fees. Fees or early withdrawals could reduce earnings on certificates. We may offer different rates in the future. *3-month certificate is for MINORS ONLY with a minimum of $500. Minimum balance to earn is $1,000 for share certificates. APY = annual percentage yield. **Available on new money only. Minimum deposit is $1,000. One rate increase can be requested and performed during the life of the certificate to a current standard rate. Bumps will be made to the rate available for the term closest to, but no greater than, the number of months remaining on the Bump-Up Certificate. Will roll over into S1 Share Savings account at maturity. | |
| IRA Certificate Rates | |
| Effective Date: 2/1/2012 | |
| Term | APY(Annual Percentage Yield) |
| 12 Month | 0.25% |
| 18 Month | 0.40% |
| 24 Month | 0.60% |
| 30 Month | 0.80% |
| 36 Month | 1.00% |
| 48 Month | 1.25% |
60 Month |
1.75% |
Rates are accurate as of 2/1/2012 and subject to change at any time. | |
Penalty will be imposed for early withdrawal. Disclosures available upon request. Contact Genfed staff for more information about current rates, terms and fees. Fees or early withdrawals could reduce earnings on certificates. We may offer different rates in the future. Minimum balance to earn is $1,000 for IRA. APY = annual percentage yield.. | |
