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
$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%
|
$0 to $999.99
$1,000 +
|
0.000%
0.250%
|
0.00%
0.25%
|
|
0.00% |
0.00% |
$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%
|
$0.01 +
|
0.250%
|
0.25%
|
$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:
- . 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.
- Compounding and Crediting. For interest-bearing
accounts, interest will be compounded and credited monthly.
- . 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.
- .
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.