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Current Share and Checking Rates

(Rates Effective as of January, 2010)

Account Type Rate APY* Comments
Share Drafts
Checking Account 0.50% 0.50% Paid on $2500 +
Dividends compounded daily and credited monthly
    
Savings - Minimum opening deposit less $5.00 par value share
Regular Shares 0.30% 0.30% Paid on $100 +
IRAs 1.75% 1.77% Paid on $100 +
Club 0.45% 0.45% Paid on $100 +
Minimum monthly balance: $5.00
Dividends compounded daily and credited monthly
    
Certificates of Deposit
3 Month 1.80% 1.82% $1,000 minimum
6 Month 1.80% 1.82% $1,000 minimum
9 Month 1.80% 1.82% $1,000 minimum
12 Month 1.80% 1.82% $1,000 minimum
18 Month 2.10% 2.12% $1,000 minimum
24 Month 2.10% 2.12% $1,000 minimum
Dividends compounded daily and credited monthly.

 

 

               

*APY is the Annual Percentage Yield.

More Information is available by calling the Credit Union Office at 262-637-7274 or outside of the Racine area: Toll free at 866-RMECU4U (866-763-2848).


     
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© Copyright 2009 Racine Municipal Employees Credit Union. ALL RIGHTS RESERVED.