Personal Dividend Rates

*Annual Percentage Yield.

⁺$10 minimum balance to open an account.

At our discretion, dividend rates are subject to change on the first business day of each week and the first business day of each month (unless otherwise noted).

*Annual Percentage Yield.
At our discretion, dividend rates are subject to change on the first business day of each week and the first business day of each month (unless otherwise noted).

*RATE INFORMATION. All Certificate rates are fixed. The Annual Percentage Yield (APY) reflects the total amount of dividends to be paid on an account based on the dividend rate and frequency of compounding for an annual period. The dividend rate and Annual Percentage Yield (APY) are fixed during the term of the Certificate at the rate in effect at the time the Certificate is opened. The rates for Renewals shall be those rates in effect at the time of renewal. The APY stated is based on the assumption that dividends will remain on deposit until maturity; a withdrawal of dividends will reduce earnings. Rates are effective as of the Effective Date listed above; the credit union reserves the rights to revise its rates at our discretion.

Dividends can be paid to a certificate, share savings, money market savings or checking account.

Dividends earned on HSA Certificates must be paid to the Certificate.

Dividends earned on Traditional and Roth IRA Certificates can be paid to any IRA of the same type.

EARLY WITHDRAWAL PENALTIES. We may impose a penalty if you withdraw any of the funds in your account before the maturity date. The amount of the penalty for 3 and 6 Month Certificates is 30 Days Dividends, 12 and 18 Month Certificates is 90 Days Dividends, 24 and 36 Month Certificates is 180 Days Dividends and 48 and 60 Month Certificates is 365 Days Dividends. The penalty is calculated as a forfeiture of part of the dividends that have been or would have been earned on the account, and applies whether or not the dividends have been earned. The penalty may be deducted from the principal amount of the deposit. The Annual Percentage Yield disclosed for your account is based on an assumption that dividends will remain in the account until maturity; a withdrawal will reduce earnings. Exceptions to Early Withdrawal Penalties: We may, at our option, pay the account before maturity without imposing an early withdrawal penalty under the following circumstances if an account owner dies or is determined to be legally incompetent by a court or other body of competent jurisdiction. You can only withdraw dividends credited in the term before maturity of that term without penalty. You can withdraw dividends anytime during the term of crediting after they are credited to your account. For certificates opened at SPIRE Credit Union prior to 01.01.2024, please refer to your Certificate Account Receipt and Disclosures Plan Agreement for early withdrawal penalties.

24 MONTH STEP-UP OPTION PLAN AND RATE INFORMATION. The rate will remain fixed at the rate in effect at the time you open your account for the term of the account, unless you choose to change it. You have the option during each term of this account, to exchange this dividend rate for a new dividend rate. The new dividend rate will be the dividend rate we are then offering to our membership on the 24-month term share account for the remainder of this account at the time of the exchange. This exchange will be at no cost to you. If you make an exchange, the maturity date of this account will remain the same as originally disclosed. You may exercise this change option once during each term

TRADE UP POLICY. "Trade-Up Your Certificate" program allows you to trade any existing Certificate to a new Certificate of greater or equal term to take advantage of rising dividend rates. The term of the new Certificate must be greater than or equal to the remaining term of the existing Certificate. Half of the Early Withdrawal Penalty will be imposed on the existing Certificate for each trade-up. There is no limit to the number of times you can trade up.

Truth in Savings Disclosure

Fees

See current Service Fee Schedule for additional information. Fees may reduce earnings.