Deposit Rates

ProductMinimum Daily Balance to earn APYDividend RateAPY*Min. Deposit to Open
Independent Savings* $0.01 0.10% 0.10% $10,000
$10,000.00 2.23% 2.25% $10,000
20 Month CD Special** $500 1.95% 2.00% $500
20 Month Relationship CD Special** $500 2.19% 2.25% $500
20 Month Jumbo CD Special** $100,000.00 2.05% 2.10% $100,000.00
20 Month Relationship Jumbo CD Special** $100,000.00 2.29% 2.35% $100,000.00
Independent Savings*
Balances Under $10,000:
Minimum Daily Balance to earn APY $0.01
Dividend Rate 0.10%
APY* 0.10%
Min. Deposit to Open $10,000
Balances $10,000 and Higher:
Minimum Daily Balance to earn APY $10,000
Dividend Rate 2.23%
APY* 2.25%
Min. Deposit to Open $10,000
20 Month CD Special**
Minimum Daily Balance to earn APY $500
Dividend Rate 1.95%
APY* 2.00%
Min. Deposit to Open $500
20 Month Relationship CD Special**
Minimum Daily Balance to earn APY $500
Dividend Rate 2.19%
APY* 2.25%
Min. Deposit to Open $500
20 Month Jumbo CD Special**
Minimum Daily Balance to earn APY $100,000
Dividend Rate 2.05%
APY* 2.10%
Min. Deposit to Open $100,000
20 Month Relationship Jumbo CD Special**
Minimum Daily Balance to earn APY $100,000
Dividend Rate 2.29%
APY* 2.35%
Min. Deposit to Open $100,000

*No additional deposits allowed into account. Maximum deposit of $250,000.00. A $3 service charge per monthly statement cycle will apply if the daily account balance falls below $100.00. Service charge is waived with selection of eStatements. Consumer Accounts only. Limit one per tax reported owner. Rate effective through December 31, 2018 and then subject to change.

**APY= Annual Percentage Yield. APY is effective February 18, 2018 and SMCU reserves the right to end or modify at any time. Rates vary and are subject to change. Dividends are compounded daily and credited to account monthly. Withdrawals before account maturity are subject to early withdrawal penalties. Deposits can not be made during the term of the account. Certificates will renew automatically upon maturity. Rates may change upon maturity. Consumer accounts only. IRAs not eligible. Relationship CDs require maintenance of a Relationship Checking account which includes a minimum balance of $2,500 and a combined average daily balance $20,000 for all SMCU deposit accounts, eStatements enrollment and direct deposit. Upon maturity, the 20 month CD special will convert to a standard 12 month CD at the then current rate.

Deposit Rates

ProgramMinimum Daily Balance to earn APYDividend RateAPY*Min. Deposit to Open
No Fee Checking 1 $0.01 0.05% 0.05% $10
High Rate Checking 2 $0.01 0.10% 0.10% $5,000
$50,000.00 0.15% 0.15% $5,000
$100,000.00 0.25% 0.25% $5,000
Relationship Checking 3 $0.01 0.40% 0.40% $2,500
$5,000.01 0.10% 0.10% $2,500
Money Market 4

$0.01 0.05% 0.05% $10
$10,000.00 0.20% 0.20% $10
$25,000.00 0.30% 0.30% $10
$50,000.00 0.50% 0.50% $10
$100,000.00 0.75% 0.75% $10
Statement & Passbook Savings 5 $0.01 0.10% 0.10% $10
Ultra Savings Account 6 $0.01 0.10% 0.10% $10,000
$10,000.00 0.25% 0.25% $10,000
$100,000.00 0.30% 0.30% $10,000
Independent Savings 7 $0.01 0.10% 0.10% $10,000
$10,000.00 2.23% 2.25% $10,000
IRA Savings Account 8 $0.01 0.10% 0.10% $10
Christmas & Vacation Club Accounts 9 $0.01 0.15% 0.15% $10
No Fee Checking 1
Minimum Daily Balance to earn APY $0.01
Dividend Rate 0.05%
APY* 0.05%
Min. Deposit to Open $10
High Rate Checking 2
Tier 1:
Minimum Daily Balance to earn APY $0.01
Dividend Rate 0.10%
APY* 0.10%
Min. Deposit to Open $5,000
Tier 2:
Minimum Daily Balance to earn APY $50,000
Dividend Rate 0.15%
APY* 0.15%
Min. Deposit to Open $5,000
Tier 3:
Minimum Daily Balance to earn APY $100,000
Dividend Rate 0.25%
APY* 0.25%
Min. Deposit to Open $5,000
Relationship Checking 3
Balances Up to $5,000:
Minimum Daily Balance to earn APY $0.01
Dividend Rate 0.40%
APY* 0.40%
Min. Deposit to Open $2,500
Balances Over $5,000:
Minimum Daily Balance to earn APY $5,000.01
Dividend Rate 0.10%
APY* 0.10%
Min. Deposit to Open  $2,500
Money Market 4
Tier 1:
Minimum Daily Balance to earn APY $0.01
Dividend Rate 0.05%
APY* 0.05%
Min. Deposit to Open $10
Tier 2:
Minimum Daily Balance to earn APY $10,000
Dividend Rate 0.20%
APY* 0.20%
Min. Deposit to Open $10
Tier 3:
Minimum Daily Balance to earn APY $25,000
Dividend Rate 0.30%
APY* 0.30%
Min. Deposit to Open $10
Tier 4:
Minimum Daily Balance to earn APY $50,000
Dividend Rate 0.50%
APY* 0.50%
Min. Deposit to Open $10
Tier 5:
Minimum Daily Balance to earn APY $100,000
Dividend Rate 0.75%
APY* 0.75%
Min. Deposit to Open $10
Statement & Passbook Savings 5
Minimum Daily Balance to earn APY $0.01
Dividend Rate 0.10%
APY* 0.10%
Min. Deposit to Open $10
Ultra Savings Account 6
Tier 1:
Minimum Daily Balance to earn APY $0.01
Dividend Rate 0.10%
APY* 0.10%
Min. Deposit to Open $10,000
Tier 2:
Minimum Daily Balance to earn APY $10,000
Dividend Rate 0.25%
APY* 0.25%
Min. Deposit to Open $10,000
Tier 3:
Minimum Daily Balance to earn APY $100,000
Dividend Rate 0.30%
APY* 0.30%
Min. Deposit to Open $10,000
Independent Savings 7
Balances Under $10,000:
Minimum Daily Balance to earn APY $0.01
Dividend Rate 0.10%
APY* 0.10%
Min. Deposit to Open $10,000
Balances $10,000 and Higher:
Minimum Daily Balance to earn APY $10,000
Dividend Rate 2.23%
APY* 2.25%
Min. Deposit to Open $10,000
IRA Savings Account 8
Minimum Daily Balance to earn APY $0.01
Dividend Rate 0.10%
APY* 0.10%
Min. Deposit to Open $10
Christmas & Vacation Club Accounts 9
Minimum Daily Balance to earn APY $0.01
Dividend Rate 0.15%
APY* 0.15%
Min. Deposit to Open $10

APY = Annual Percentage Yield. The Annual Percentage Yields (APYs) listed above are accurate as of July 20, 2018 and can change at any time without notice. Rates may change after account is opened. APYs assume that funds remain on deposit for one year. Dividends are compounded daily and credited monthly. Fees may reduce earnings. St. Mary's Credit Union membership eligibility is required for all accounts. Details of rates, terms and limitations are provided during account opening and are available at any branch location.

1 Rates may change after account is opened.

2 High Rate Checking Account requires a $500 minimum monthly direct deposit relationship or active usage of St. Mary's Credit Union's online bill payment service. A $6 monthly fee will apply if the daily account balance falls below $5,000.00. This account can not be used as a DBA. Rates may change after account is opened.

3 Relationship Checking requires direct deposit and a combined average daily deposit balance of $20,000 or more to earn 0.40% on first $5,000.00 and 0.10% on balances above $5,000.00. The combined average daily deposit balance of $20,000 is for all deposit accounts for the same tax reported owner, except commercial or business accounts. If these requirements are not maintained, the Relationship Checking will not receive ATM fee reimbursements, you will not be eligible to receive preferred CD rates for new or renewing CDs, and the Relationship Checking rates will convert to the rates of a No Fee Checking. A $15 monthly fee will apply if the average daily account balance falls below $2,500.00. Rates may change after account is opened.

4 Money Market Checking Account allows for six (6) withdrawals or transfers made by check, preauthorized transfer or electronic/telephone transfer per month. Rates may change after account is opened.

5 Statement and Passbook Savings Accounts allow for six (6) withdrawals of transfers made by preauthorized transfer or electronic/telephone transfer per month. Rates may change after account is opened.

6 Ultra Savings Account requires a $500 minimum monthly direct deposit to any St. Mary's Credit Union account. If this minimum is not maintained, the dividend rate of the Ultra Savings Account will automatically convert to the dividend rate of the Statement Savings account. Ultra Savings Account withdrawals and transfers are limited to two (2) per month. A $25 fee will apply for each withdrawal or transfer over the maximum of two (2) per month. A $3 monthly fee will apply if the daily account balance falls below $100.00. Fee is waived with selective of e-statements. The Ultra Savings Account can not be used as a DBA or business account. Rates may change after account is opened.

7 Independent Savings No additional deposits allowed into account. Maximum deposit of $250,000.00. A $3 service charge per monthly statement cycle will apply if the daily account balance falls below $100.00. Service charge is waived with selection of eStatements. Consumer Accounts only. Limit one per tax reported owner. Rate effective through December 31, 2018 and then subject to change.

8 IRA Savings Account annual contribution limits apply. The IRS may impose penalties for withdrawals made before the age of 59 1/2, Everyone's tax situation is different. Please consult a financial/tax advisor regarding IRA tax deductibility. Rates may change upon maturity.

9 Christmas and Vacation Club Accounts allow for six (6) withdrawals or transfers made by preauthorized transfer or electronic/telephone transfer per statement cycle. Rates may change after account is opened.