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Current Rate
Schedule
Effective: April 1 - June
30, 2013
Regular and Special Share Accounts
Dividends are compounded quarterly and
calculated based on the Average Daily
Balance method.
The following rates are applicable to a share savings
account at the UDEL Federal Credit Union. The Credit Union
may offer other rates for these accounts from time to time.
Dividends
| Account Balance |
Dividend Rate |
Annual Percentage Yield |
| $50.00 - $49,999.99 |
0.10% |
0.10% |
| $50,000 and above |
0.15% |
0.15% |
- Dividends compounded quarterly
- Dividends credited quarterly
- Dividend period quarterly
- Minimum opening deposit $6.00
- Balance method: Average Daily Balance
Share
Certificate Accounts
The following rates are applicable to a share
certificate account at the UDEL Federal Credit Union. The
Credit Union may offer other rates and terms from time to
time.
Dividends
| Minimum Investment |
Term |
Dividend Rate |
Annual Percentage Yield |
| $25,000 |
6 months |
0.20% |
0.20% |
- Dividends compounded at maturity
- Dividends credited at maturity
- Dividend period is the term of the certificate
- Additional deposits are not allowed
- Partial withdrawals are not allowed; penalties apply
to full withdrawals made before the maturity date.
- Accounts are renewable upon notification.
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