Northwest Community Credit Union

Checking Accounts Rate Schedule and Disclosures

This Rate Schedule sets forth current conditions, and rates, applicable to your Checking Accounts at Northwest Community Credit Union at this time. The Credit Union may offer other rates or amend the rates contained in this Schedule from time to time.  Each account holder agrees to the terms set forth on this Rate Schedule and acknowledges that it is a part of the Membership and Account Agreement.

Effective Since: 4/1/2008

ACCOUNT INTEREST RATE ANNUAL PERCENTAGE YIELD
Great Northwest Checking
$0.01 to $999.99
$1,000 to $1,999.99
$2,000 to $4,999.99
$5,000 to $19,999.99
$20,000 to $49,999.99
$50,000 to $99,999.99
$100,000 + 		 
0.000%
0.250%
0.499%
2.011%
2.159%
2.403%
2.696% 		 
0.00%
0.25%
0.50%
2.03%
2.18%
2.43%
2.73%
Northwest Free Checking
$0 to $999.99
$1,000 + 		 
0.000%
0.250% 		 
0.00%
0.25%
Northwest Passage Checking 0.00% 0.00%
Small Business Checking
$0.01 to $999.99
$1,000 to $9,999.99
$10,000 +
0.000%
0.250%
0.399%
0.00%
0.25%
0.40%
Northwest VIP Checking
$0.01 +
 
0.250%
 
0.25%
Regular Business Checking
$0.01 to $999.99
$1,000 to $1,999.99
$2,000 to $4,999.99
$5,000 to $19,999.99
$20,000 to $49,999.99
$50,000 to $99,999.99
$100,000 + 		 
0.000%
0.250%
0.499%
2.011%
2.159%
2.403%
2.696% 		 
0.00%
0.25%
0.50%
2.03%
2.18%
2.43%
2.73%

Truth-In-Savings Disclosures

Except as specifically described, the following disclosures apply to all of the accounts:

  1. Rate Information.  The Interest Rate and Annual Percentage Yield on your Checking accounts are set forth above.  The Interest Rate and Annual Percentage Yield may change monthly at the discretion of the credit union.  All accounts except Northwest Passage accounts are tiered rate accounts.  The Interest Rate for a particular tier will apply to the entire account balance if the account balance is within the balance range of that tier.  The Interest Rates and Annual Percentage Yields are those in effect as of the date set forth in the Rate Schedule above.
  2. Compounding and Crediting.  For interest-bearing accounts, interest will be compounded and credited monthly.
  3. Accrual of Interest.  Interest will begin to accrue on cash deposits and non-cash deposits (e.g. checks) on the business day you make the deposit to your account.  You will not be paid accrued interest if you close your account.
  4. Balance Information.  The minimum opening balance required for each account is shown in the Schedule of Fees and Charges. The minimum balance required to earn the stated Annual Percentage Yield is shown in the table above.  For interest-bearing accounts, interest is calculated by the daily balance method, which applies a daily periodic rate to the balance in the account each day.

The rates appearing in this Schedule are accurate and effective for Checking Accounts as of the Effective Date indicated above.  If you have any questions or require current rate information on your accounts, please call the Credit Union at 800-452-9515.