Deposit Rates

Deposit Rates

Rates effective on 02/01/2012

Accounts
Dividend Rate

Required Daily Balance

*APY

Dividends Paid

Member Savings

.30%

$50

.30%

Quarterly

Christmas Club

.50%

$50

.50%

Quarterly

Health Savings ($50 - $2,499.99)

.50%

$50

.50%

Monthly

Health Savings ($2,500 or more)

.75%

$2,500

.75%

Monthly

Money Management ($2,500-$9,999.99)

.35%

$2,500

.35%

Monthly

Money Management ($10,000-$24,999.99)

.40%

$10,000

.40%

Monthly

Money Management ($25,000-$49,999.99)

.45%

$25,000

.45%

Monthly

Money Management ($50,000 or more)

.65%

$50,000

.65%

Monthly

Traditional IRA

1.00%

$50

1.00%

Quarterly

Roth IRA

1.00%

$50

1.00%

Quarterly

Education IRA

1.00%

$50

1.00%

Quarterly

Member Checking

0.25%

$500

0.25%

Monthly

Super Now Checking

0.40%

$1,500

0.40%

Monthly

Awards Checking

1.98%

$0

2.00%

Monthly

Business Choice Checking

0.25%

(On low Monthly balance above $300)

0.25%

Monthly

Business Checking Plus

0.50%

$10,000

0.50%

Monthly

* Annual Percentage Yield

Share and IRA Certificates

Rates effective on 02/01/2012

Share & IRA Certificates
($500 minimum on Share Certificates)
($1000 Minimum, 1 Year Minimum for IRA Certificates)

Term

($500 minimum)

($10,000 minimum)

Dividend Rate

*APY

Dividend Rate

*APY

3-Month

.30%

.30%

.40%

.40%

6-Month

.55%

.55%

.65%

.65%

1-Year

.70%

.70%

.80%

.80%

18-Month

.90%

.90%

1.00%

1.00%

2-Year

1.15%

1.15%

1.25%

1.25%

3-Year

1.44%

1.45%

1.64%

1.65%

4-Year

1.74%

1.75%

1.94%

1.95%

5-Year
1.84%

1.85%

2.04%

2.05%

N/A
N/A

N/A

N/A

N/A

Special: 20-month certificiate ($5,000 minimum deposit): 1.25% APR 1.25% APY

* Annual Percentage Yield

WCCU's Dividend Disclosure

Accrual of Dividends Generally, dividends begin to accrue on a non-cash deposit the day the deposit is made.

Nature of Dividends Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a period.

Variable Rate The dividend rate and annual percentage yield on each of the above accounts may change as often as daily, at the discretion of WCCU.

Dividend Computation Method All WCCU deposit accounts (except Business Checking) use the daily balance method. Dividends on an account are calculated by applying a daily periodic rate to the total balance in the account each day, assuming that the balance is greater than or equal to the indicated required balance.
The dividends for a Business Checking account are determined by dividing the dividend rate by twelve and multiplying the result by the lowest balance in the month, assuming that it is at least $300.00.

Dividends Upon Closure All dividends earned to date are credited to an account at the time the account is closed.