Rates/Yields

IMPORTANT DEPOSIT INFORMATION FOR CCCU.

APR = Annual Percentage Rate  

Checking

Variable Rate - The interest rate and Annual Percentage Yield (APY) on all checking accounts can change at any time without notice as determined by the Board of Directors of Clark County Credit Union.

Average Daily BalancesAPRAPY
0 to $2,499.99 0.00% 0.000%
$2,500 and above 0.15% 0.150%

 

Savings - Christmas/Vacation Club - Secondary Savings *

Variable Rate - The interest rate and Annual Percentage Yield (APY) on all savings products listed on savings accounts can change at any time without notice as determined by the Board of Directors of Clark County Credit Union.

Average Daily BalancesAPRAPY
$50 to $999 0.15% 0.150%
$1,000 and above 0.15% 0.150%

A dormant account fee will be assessed to a savings account with a balance less then $500.00 with no activity for 3 months or more. Christmas/Vacation Club withdrawals may not be made during the year on Christmas/Vacation Club Accounts.

 

More Money - Variable Rate

The minimum opening balance is $5,000.00. Variable Rate - The interest rate and Annual Percentage Yield (APY) on all savings products listed above can change at any time without notice as determined by the Board of Directors of Clark County Credit Union.

Average Daily BalancesAPRAPY
0-$4,999 0.15% 0.150%
$5,000 - $24,999 0.15% 0.150%
$25,000 - $74,999 0.15% 0.150%
$75,000 and above 0.15% 0.150%

 

Certificates-Fixed Rate

MonthsRegular APRAPYDiamond APRAPY
6 0.25% 0.250% 0.25% 0.250%
12 0.45% 0.451% 0.45% 0.451%
24 0.65% 0.651% 0.65% 0.651%
36 1.00% 1.004% 1.00% 1.004%
60 1.75% 1.764% 1.75% 1.764%

If you withdraw the principal balance or close your certificate account prior to maturity the following penalties will be assessed; 6 and 12-month certificates will be assessed a 90 day interest penalty, 24, 36, & 60 month certificates will be assessed a 180 day interest penalty. Subsequent deposits are not allowed to a certificate of deposit. 

 

IRAs-Rates Based on Account Balances

Important Notice for IRA Account Holders*

*Fees - an annual fee of $25.00 will be assessed to each IRA, Traditional and Roth. See CCCU Membership Plans and Fee Schedule.

Average Daily BalancesAPRAPY
0-$4,999 0.15% 0.150%
$5,000 - $24,999 0.15% 0.150%
$25,000 - $74,999 0.15% 0.150%
$75,000 and above 0.15% 0.150%

Deadline for making a previous year contribution is April 15. Must be age 59 1/2 for withdrawals or meet the qualified distribution guidelines. Roth IRA must be open 5 years before qualified distribution can be made and the owner is 59 1/2 years old or older, or disabled, or using the distribution as a first time home buyer. One year minimum term.

 

Truth-In-Savings Disclosure

Except as specifically described, the following disclosures apply to all of the deposit accounts shown.

In the Truth-In-Savings Disclosure the word “account” means a number assigned to you by the Credit Union. The word “suffix” means the types of accounts you open under a particular account number such as a Checking, More Money, Certificate, etc.

  1. Rate Information.  The Annual Percentage Yield is a percentage rate that reflects the total amount of interest paid on a suffix based on the interest rate and frequency of compounding interest for an annual period. For all variable rate suffixes the interest rates and annual percentage yields may change monthly. For all fixed rate suffixes any reduction in rate will be preceded by written notification as required by law. 
  2. Interest Compounding and Crediting. Interest is compounded and credited to the suffix monthly. Interest is posted to all suffixes at the close of business on the last day of the month. Interest will begin to accrue on all deposits on the business day you make the deposit to your suffix. If you close a suffix before accrued interest is credited, you will not receive the accrued interest.
  3. Interest Calculation. Interest is calculated by the average daily balance method, which applies a periodic rate to the suffixes average daily balance. Adding the daily balance in the suffix for the month and dividing the number of days in the period compute the average daily balance. The interest period begins on the first calendar day of the month and ends on the last calendar day of the month. Minimum aggregate deposit level is based upon the average daily balance for the month.
  4. Dormant Fee.  A dormant fee will be assessed to each suffix on an account with an aggregate account balance less than $500.00 and no activity on the account for 3 months or more. 
  5. Membership Plans and Fee Schedule. Fees may apply to all suffix types. Clark County Credit Union fees are based on a member’s current membership status. See CCCU Membership Plans and Fee Schedule attached.