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savings accounts rates
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Because Norbel Credit Union is a not-for-profit financial institution, we keep our loan rates as low as possible and dividend rates as high as possible. If you'd like to be informed about special promotional rates, please join our mailing list.
December, 2008
| Type of Account |
Minimum Balance |
Rate |
APY (Annual Percentage Yield) |
| Primary Savings |
$25.00 |
0.15% |
0.15% |
| Club Account |
$5.00 |
0.15% |
0.15% |
| Special Purpose Savings |
$0.00 |
0.15% |
0.15% |
| IRA Share Account |
$100.00 |
0.15% |
0.15% |
| Money Market (traditional) |
$2,500.00 |
1.10% |
1.11% |
| Money Market (super) |
$7,500.00 |
1.30% |
1.31% |
| Money Market (high yield) |
$20,000.00 |
1.60% |
1.61% |
| Platinum Money Market (super high yield) |
$75,000.00 |
1.95% |
1.97% |
| Health Savings Plan |
$0.00 |
2.96% |
3.00% |
The dividend rates and yields set forth above are accurate as of the
effective date indicated at the top of the page. The APY (Annual Percentage
Yield) is a percentage rate reflecting the total amount of dividends paid on
the account, based on dividend rate and the frequency of compounding for a
365-day period. Normally, no notice of intent to withdraw shares is
required. However, the bylaws of Norbel Credit Union give the credit union
the authority to require notice up to 60 days for withdrawal of shares.
Rates are subject to change without notice.
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