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| The following Annual Percentage Yields are set by the Board of Directors and are subject to change at any time. Rates below are effective September 1, 2010. |
Certificates of Deposits
The following Annual Percentage Yields can change monthly and are set by the Board of Directors. |
| Term |
Annual Percentage Yield |
Minimum Opening Deposit |
Minimum Balance for Dividends |
| 60 Months |
2.35% F |
$500.00 |
$500.00 |
| 48 months |
1.95% F |
$500.00 |
$500.00 |
| 36 months |
1.55% F |
$500.00 |
$500.00 |
| 24 months ** |
0.61% V |
$500.00 |
$500.00 |
| 24 months |
1.10% F |
$500.00 |
$500.00 |
| 18 months |
1.15% F |
$500.00 |
$500.00 |
| 12 months |
0.65% F |
$500.00 |
$500.00 |
| 6-11 months |
0.40% F |
$500.00 |
$500.00 |
| 90 Days |
0.25% F |
$500.00 |
$500.00 |
| Early withdrawals on CDs with terms less than 12 months will incur a penalty of 90 days of dividends, whether earned or not. Early withdrawals on CDs with terms of 12 months or more will incur a penalty of 180 days of dividends, whether earned or not. Mutual Security limits the aggregate deposit balance of a member to $250,000 unless approved by Management in advance. |
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Starter Certificates of Deposits
The following Annual Percentage Yields can change monthly and are set by the Board of Directors. |
| Term |
Annual Percentage Yield |
Minimum Opening Deposit |
Minimum Balance for Dividends |
| 30 Months |
2.25% F |
$10.00 |
NA |
| 18 Months |
1.75% F |
$10.00 |
NA |
| Maximum Opening Deposit $100. A minimum Direct Deposit of at least $10 per week is required. Maximum Direct Deposit $50 per week. There is a limit of 2 withdrawals (with penalty) during the term. A third withdrawal will result in a penalty plus closed account. Offer may be withdrawn at anytime without notice. Mutual Security limits the aggregate deposit balance of a member to $250,000 unless approved by Management in advance. |
Youth Certificates of Deposits
The following Annual Percentage Yields can change monthly and are set by the Board of Directors. |
| Term |
Annual Percentage Yield |
Minimum Opening Deposit |
Minimum Balance for Dividends |
| 24 Months |
0.61% (V) |
No Minimum |
NA |
| Early withdrawals on CDs with terms less than 12 months will incur a penalty of 90 days of dividends, whether earned or not. Early withdrawals on CDs with terms of 12 months or more will incur a penalty of 180 days of dividends, whether earned or not. Mutual Security limits the aggregate deposit balance of a member to $250,000 unless approved by Management in advance. |
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Individual Retirement Accounts (Roth, Educational, Traditional)
The following Annual Percentage Yields can change monthly and are set by the Board of Directors. |
| Term |
Annual Percentage Yield |
Minimum Opening Deposit |
Minimum Balance for Dividends |
| 60 Months |
2.35% F |
$500.00 |
$500.00 |
| 48 months |
1.95% F |
$500.00 |
$500.00 |
| 36 months |
1.55% F |
$500.00 |
$500.00 |
| 24 months ** |
0.61% V |
$500.00 |
$500.00 |
| 24 months |
1.10% F |
$500.00 |
$500.00 |
| 18 months |
1.15% F |
$500.00 |
$500.00 |
| 12 months |
0.65% F |
$500.00 |
$500.00 |
| Early withdrawals on IRA CDs with terms less than 12 months will incur a penalty of 90 days of dividends, whether earned or not. Early withdrawals on IRA CDs with terms of 12 months or more will incur a penalty of 180 days of dividends, whether earned or not. Members age 59 ½ or older making normal periodic withdrawals or receiving periodic payments from their IRA CD are exempt. Mutual Security limits the aggregate deposit balance of a member to $250,000 unless approved by Management in advance. |
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Health Savings Accounts Rates |
| HSAs |
Annual Percentage Yield |
Daily Balance |
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1.00% V |
$25.00 - $2,499.99 |
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1.70% V* |
$2,500 and Up |
| Account Closing Fee $25.00 |
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| Variable Rate effective July 1, 2010. |
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Savings Rates |
| Account |
Annual Percentage Yield |
Minimum Opening Deposit |
Minimum Balance for Dividends |
Regular Savings
If balance falls below $5, a $3.00 monthly fee is charged. |
0.05% V |
$5.00 |
$100.00 |
Holiday Club
Withdrawals are limited to two per year. |
0.05% V |
$5.00 |
$100.00 |
Vacation Club
No withdrawal limitations. |
0.05% V |
$5.00 |
$100.00 |
| Money Market |
Annual Percentage Yield |
Minimum Opening Deposit |
Daily Balance |
| |
0.75% V |
$2,500 |
$100,000 & Up |
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0.25% V |
$2,500 |
$50,000 & Up |
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0.15% V |
$2,500 |
$2,500 - $49,999.99 |
| Balances between $1,000 and $2,500 earn regular savings rate. Balances under $1,000 earn no dividends. A $1.00 fee is charged when balance falls below $300. |
| Individual Retirement MMA |
Annual Percentage Yield |
Daily Balance |
| |
0.80% V |
$100,000 & Up |
| |
0.40% V |
$50,000 & Up |
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0.20% V |
$50.00 - $49,999.99 |
V = Variable Rate , F = Fixed Rate
** Variable APY is based on the prior month 24-Month Treasury bill plus .05%, and can change monthly during the term. Mutual Security limits the aggregate deposit balance of a member to $250,000 unless approved by Management in advance. |
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