Rates > IRA Certificates

IRA Certificates - Relationship* & Regular

Effective Date 12-20-11

IRA Certificates have a Minimum Balance Requirement of $1,000. Exception: the Coverdell Education Savings, minimum balance $500.

	Premier/Select Relationship Rates* (must have checking w/direct deposit)		Preferred Relationship Rates* (must have checking w/direct deposit)		Regular Rates
	Dividend Rate	Annual Percentage Yield (APY)	Dividend Rate	Annual Percentage Yield (APY)	Dividend Rate	Annual Percentage Yield (APY)
11 Months Special**	0.85%	0.85%	0.80%	0.80%	0.55%	0.55%
25 Months Special***	1.19%	1.20%	1.14%	1.15%	0.89%	0.89%
39 Months Special****	1.24%	1.25%	1.19%	1.20%	0.94%	0.94%
54 Months Special*****	2.03%	2.05%	1.98%	2.00%	1.73%	1.74%
1 Year	0.65%	0.65%	0.60%	0.60%	0.35%	0.35%
2 Year	0.80%	0.75%	0.70%	0.70%	0.45%	0.45%
3 Year	1.05%	1.06%	1.00%	1.00%	0.75%	0.75%
4 Year	1.25%	1.26%	1.20%	1.21%	0.95%	0.95%
5 Year	1.79%	1.80%	1.74%	1.75%	1.49%	1.50%

*If you qualify for one of the Share Certificate Relationship Rates, your dividend rate will be based on your member relationship at the time of the certificate purchase.

If changes to your account, made by you or the Credit Union result in a Classic Relationship status before maturity of your certificate, your dividend rate will revert back to the regular dividend rate in effect at account opening. The rates listed are accurate and effective as of the date indicated above. Dividend rates and Annual Percentage Yields are subject to change without notice. Dividends are compound monthly with the exception of the 91 day Share Certificate, which pays at maturity.

Early withdrawal penalties: A penalty and or account closure may be imposed for withdrawals before maturity.
Withdrawal of dividends prior to maturity: The annual percentage yield is based on the assumption that the dividend will remain in the account until maturity. A withdrawal will reduce earnings.

For additional information on your account please refer to your Important Information about Share Certificates, Relationship Certificate Special Disclosure and Fee Schedule. Fees may reduce earnings. If you have any questions or require current rate information please call the Credit Union at1(800)928-8801/(757) 928-8850. This Credit Union is federally insured by the National Credit Share Insurance Fund.

**11 month special: Automatically renewable account: This account will automatically renew to a 12 month certificate. You may prevent renewal if you withdraw the funds at maturity (or within the grace period mentioned below, if any) or if we receive written notice from you within the grace period mentioned below, if any. We can prevent renewal if we mail notice to you at least 30 calendar days before maturity. If either you or we prevent renewal, your funds will be placed in a dividend bearing account.
Each renewal term will be the same as the 12 month certificate, beginning on the maturity date. The dividend rate will be the same as we offer on regular new term share certificate accounts on the maturity date which have the same term, minimum balance (if any) and other features as the original term share account.
You will have a grace period of five calendar days after maturity to withdraw the funds without being charged an early withdrawal penalty. During the five day grace period no dividends will be earned.

****39 month special: Automatically renewable account: This account will automatically renew to a 36 month certificate. You may prevent renewal if you withdraw the funds at maturity (or within the grace period mentioned below, if any) or if we receive written notice from you within the grace period mentioned below, if any. We can prevent renewal if we mail notice to you at least 30 calendar days before maturity. If either you or we prevent renewal, your funds will be placed in a dividend bearing account.
Each renewal term will be the same as the 36 month certificate, beginning on the maturity date. The dividend rate will be the same as we offer on regular new term share certificate accounts on the maturity date which have the same term, minimum balance (if any) and other features as the original term share account.
You will have a grace period of five calendar days after maturity to withdraw the funds without being charged an early withdrawal penalty. During the five day grace period no dividends will be earned.

***25 month special: Automatically renewable account: This account will automatically renew to a 24 month certificate. You may prevent renewal if you withdraw the funds at maturity (or within the grace period mentioned below, if any) or if we receive written notice from you within the grace period mentioned below, if any. We can prevent renewal if we mail notice to you at least 30 calendar days before maturity. If either you or we prevent renewal, your funds will be placed in a dividend bearing account.
Each renewal term will be the same as the 24 month certificate, beginning on the maturity date. The dividend rate will be the same as we offer on regular new term share certificate accounts on the maturity date which have the same term, minimum balance (if any) and other features as the original term share account.
You will have a grace period of five calendar days after maturity to withdraw the funds without being charged an early withdrawal penalty. During the five day grace period no dividends will be earned.

****54 month special: Automatically renewable account: This account will automatically renew to a 48-month certificate. You may prevent renewal if you withdraw the funds at maturity (or within the grace period mentioned below, if any) or if we receive written notice from you within the grace period mentioned below, if any. We can prevent renewal if we mail notice to you at least 30 calendar days before maturity. If either you or we prevent renewal, your funds will be placed in a dividend bearing account.
Each renewal term will be the same as the 48-month certificate, beginning on the maturity date. The dividend rate will be the same as we offer on regular new term share certificate accounts on the maturity date which have the same term, minimum balance (if any) and other features as the original term share account.
You will have a grace period of five calendar days after maturity to withdraw the funds without being charged an early withdrawal penalty. During the five day grace period no dividends will be earned.

Renewal Disclosures for Prior Certificates Offered