Rates
Effective: September 3, 2008
| Share Certificate Accounts and IRA Certificate Accounts |
| Balance Requirement |
|
91 Days |
6 Months |
12 Months |
24 Months |
36 Months |
60 Months |
| |
|
|
|
|
|
|
|
| $1,000.00-$9,999.99 |
Stated Rate |
1.70
|
2.25
|
2.40
|
2.75
|
3.05
|
3.45
|
| |
APY* |
1.70
|
2.25
|
2.40
|
2.75
|
3.05
|
3.45
|
| $10,000.00-$24,999.99 |
Stated Rate |
1.80
|
2.35
|
2.50
|
2.85
|
3.15
|
3.55
|
| |
APY* |
1.80
|
2.35
|
2.50
|
2.85
|
3.15
|
3.55
|
| $25,000.00-$49,999.99 |
Stated Rate |
1.90
|
2.45
|
2.60
|
2.95
|
3.25
|
3.65
|
| |
APY* |
1.90
|
2.45
|
2.60
|
2.95
|
3.25
|
3.65
|
| $50,000.00 and higher |
Stated Rate |
1.95
|
2.50
|
2.65
|
3.00
|
3.30
|
3.70
|
| |
APY* |
1.95
|
2.50
|
2.65
|
3.00
|
3.30
|
3.70
|
Early Withdrawal Penalty:
Number of Days of Interest Lost |
90
Days |
90
Days |
90
Days |
180
Days |
180
Days |
180
Days |
|
All rates are declared by the Board of Directors of Southwest Oklahoma Federal Credit Union and are subject to change at any time.
IRA Certificate Accounts are not available on terms of 91 Days and 6 Months.
| Share Accounts |
| Minimum Balance** |
$25.00 |
|
Dividend Rate |
1.00 |
| ** The minimum balance requirement applies to primary share accounts only. |
APY* |
1.00 |
|
The dividend rate is determined at the end of each quarter. Dividend rate disclosure is for April 1, 2008 through June 30, 2008.
| IRA Share Accounts |
| Minimum Balance** |
$0.00 |
|
Dividend Rate |
2.65 |
| ** There is no minimum balance requirement for IRA share accounts. |
APY* |
2.65 |
|
The dividend rate is determined at the end of each quarter. Dividend rate disclosure is for April 1, 2008 through June 30, 2008.
*The Annual Percentage Yield (APY) assumes that the principal balance will remain on deposit until maturity. An early withdrawal of the principal balance will reduce earnings.
