Communication Services Credit Union
 

Savings Rates

Check out the savings rates that CSCU offers:

Savings Accounts
Current Dividend Rates Effective July 1, 2010
Account APR APY
Share Account* 0.10% 0.10%
Christmas/Vacation* 0.10% 0.10%
I.R.A. 0.25% 0.25%
Money Market*
$2,000 to $9,999.99		 0.25% 0.25%
Money Market*
$10,000 and over		 0.40% 0.40%
*The rate disclosed was paid on June 30, 2010
Rates are subject to change without notice.

APR is Annual Percentage Rate.
APY is Annual Percentage Yield.

Annual Percentage Yield is the total amount of dividends paid on an account, based on the dividend rate and the frequency of monthly compounding for a 365-day period, and expressed as a percentage. This rate assumes that a set amount is on deposit at the beginning of the dividend period, that no deposits or withdrawals are made during the dividend period, and funds remain on deposit for one year at the same dividend rate.  All accounts are compounded monthly.

*Our Share Accounts and Christmas/Vacation Accounts require a minimum balance of $100 to earn dividends.