Dividend Rates
Your Spokane Law Enforcement Credit Union is a non-profit financial cooperative. We make loans to members through deposits made available by other members. As these loans are repaid, interest is earned throughout the duration of that loan. These funds are used to pay for financial services, dividends on savings, and other member benefits.
| regular share account |
|
|
|
| share account balance minimum |
opening deposit |
dividends paid |
dividend rate / annual percent yield |
| $0.00 - $99.99 (under 18) |
$5 |
quarterly |
.50% / .5009% |
| $100.00 - $4,999.99 |
$50 |
quarterly |
.50% / .5009% |
$5,000 -
$9,999.99
$10,000.00 + |
$50
$50 |
quarterly
quarterly |
.75% / .7521%
1.25%/1.26% |
| money market shares |
|
|
| minimum opening deposit |
dividends paid |
dividend rate / annual percent yield |
| $5000 |
monthly |
1.25% / 1.26% |
| $20,000 |
monthly |
1.51% / 1.51% |
| $50,000 |
monthly |
2.00% / 2.02% |
| term share certificates |
|
|
|
| certificate term |
minimum opening deposit |
dividends paid |
dividend rate / annual percent yield |
| 6 month |
$500
$5000
$10,000 |
maturity |
2.00% / 2.01%
2.15% / 2.16%
2.25% / 2.26% |
| 12 month |
$500
$5000
$10,000 |
maturity |
3.00% / 3.00%
3.25% / 3.25%
3.35% / 3.35% |
| 18 month |
$500
$5000
$10,000 |
monthly |
3.25% / 3.29%
3.45% / 3.50%
3.60% / 3.66% |
| 24 month |
$500
$5000
$10,000 |
annually |
3.50% / 3.50%
3.70% / 3.70%
3.80% / 3.80% |
| 36 month |
$500
$5000
$10,000 |
annually |
3.75% / 3.75%
3.85% / 3.85%
4.00% / 4.00% |
| ira share account |
|
|
|
| |
minimum opening deposit |
dividends paid |
dividends rate / annual percent yield |
| |
none |
quarterly |
2.25% / 2.26% |
| ira certificates |
|
|
|
| certificate term |
minimum opening deposit |
dividends paid |
dividend rate / annual percent yield |
| 12 month |
$2,000
$10,000 |
quarterly |
3.25% / 3.29%
3.35% / 3.39% |
24 month
|
$2,000
|
quarterly |
4.50% / 4.58%
|
***A penalty will or may be imposed for early withdrawal on any Term Share certificates.
***Any fees assessed could reduce earnings.
***For information on applicable rates and fees on any of these accounts, please consult a credit union employee.
***Rates effective 4/01/08 and may change without notice
***APY = Annual Percent Yield
***Your savings federally insured to at least $100,000 and backed by the full faith and credit of the United States Government.
***Your IRA accounts are insured by the NCUA up to $250,000
|
Our Rates
