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The Covered Bridge Credit Union offers a variety of different
checking, savings, and investment packages. Remember share, club and share draft dividends are added to your account semi-annually. The rate you see below is the rate we paid ON 7/1/2010. Dividend rates are set by our Board of Directors semi-annually.
Checking
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0.25%, 0.25 APY
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Share/IRA Shares/Vacation & Christmas Club Accounts
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$5.00-$999.99
$1,000-$9,999.99
10,000+ Up
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.50%, .50% APY
.75%, .75% APY
1.00%, 1.00% APY
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Share Certificates (CD's)
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12 months
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1.25%, 1.26% APY |
($500 minimum. Automatic renewal. Deposits allowed at maturity only. Penalty for early withdrawal.) |
Checking Accounts...
Over age 62, your checking account is totally free. Under age
62, you only buy your checks. No monthly service charge and no
per check charge.
Share Accounts...
Shares ($5.00) makes you a member of the Credit Union. We ask
that you keep 5 shares ($25.00) in your savings at all times.
Individual Retirement Accounts (IRAs)...
We offer Traditional and Roth IRAs, as well as Coverdell ESAs.
We offer both IRA shares and 1 year certificates. Please contact us
for rates.
Vacation & Christmas Club Accounts...
Christmas Clubs start the 3rd week in October, and run for 52
weeks. Vacation clubs may start anytime but must run for 52 weeks.
Share Certificates (CDs)...
We offer 6 month and 1 year CD's at the present time. Interest is added to the certificate
monthly. Deposits are
allowed only at maturity. There is a 90 day penalty for early withdrawal.
Periodically
we do run CD specials so check above for rates.
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