| Tiers | Minimum balance to earn dividends | Rate | APY (Annual Percentage Yield) |
|---|---|---|---|
| Tier 1 | $0-$9,999 | 0.00% | 0.00% |
| Tier 2 | $10,000-$49,999 | 0.03% | 0.03% |
| Tier 3 | $50,000-$99,999 | 0.08% | 0.08% |
| Tier 4 | $100000-$499,999 | 0.05% | 0.08% |
Rates are effective as of 1/5/2024. Rates are variable and may change after account opening at the discretion of Orlando Credit Union. Fees may reduce earnings.
| Tiers | Minimum Deposit | Rate | APY (Annual Percentage Yield) |
|---|---|---|---|
| Tier 1 | $1,000 - $9,999 | 0.00% | 0.00% |
| Tier 2 | $10,000 - $24,999 | 0.05% | 0.05% |
| Tier 3 | $25,000 - $49,999 | 0.05% | 0.05% |
| Tier 4 | $50,000 - $99,999 | 0.10% | 0.10% |
| Tier 5 | $100,000 - $999,999 | 0.10% | 0.10% |
| Tier 6 | $1,000,000 and up | 0.10% | 0.10% |
Rates are effective as of 6/1/2020. Rates are variable and may change after account opening at the discretion of Orlando Credit Union. Fees may reduce earnings.
| Minimum Deposit | Term | Rate | APY (Annual Percentage Yield) |
|---|---|---|---|
| $500 | 12 months | 3.69% | 3.75% |
| Term Share Certificates with a minimum deposit amount of $1,000 | |||
| $1,000 | 6 months | 3.69% | 3.75% |
| $1,000 | 12 months | 4.65% | 4.75% |
| $1,000 | 18 months | 4.55% | 4.65% |
| $1,000 | 24 months | 4.36% | 4.45% |
| $1,000 | 60 months | 3.40% | 3.45% |
| Jumbo Term Share Certificates with a minimum deposit amount of $50,000 | |||
| $50,000 | 6 months | 3.93% | 4.00% |
| $50,000 | 12 months | 4.89% | 5.00% |
| $50,000 | 18 months | 4.79% | 4.90% |
| $50,000 | 24 months | 4.60% | 4.70% |
| $50,000 | 60 months | 3.64% | 3.70% |
Rates are effective as of 8/21/2023. Rates are fixed for the term of the Certificate. Certificates will automatically be renewed at the rate in effect upon maturity. We will impose a penalty if you withdraw any of the principal balance in your account before the maturity date. The amount of the early withdrawal penalty is based on the term of the account. The amount of these penalties are as follows: Terms of 6 months or less lose 90 days’ worth of dividends; and terms greater than 6 months lose 180 days’ worth of dividends. The penalty is calculated as a forfeiture of part of the dividend that has been or would be earned on the amount withdrawn. If the account has not yet earned enough dividends or the dividend has already been paid, the penalty will be deducted from the principal. The Annual Percentage Yield disclosed is based on an assumption that dividends will remain in the account until maturity; a withdrawal will reduce earnings. Fees and penalties can reduce earnings on the account. Rates subject to change without notice.
