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IRA Account Prospective Dividend and Annual Percentage Yield Rates

Effective July 1, 2010

INDIVIDUAL RETIREMENT ACCOUNT
Minimum Balance*
How Compounded
Dividends
Credited
Dividend
Rate
APY**
(20) Contributory IRA $100.00 Daily Quarterly 0.40% 0.40%
(21) Spousal IRA $100.00 Daily Quarterly 0.40% 0.40%
(22) SEP IRA $100.00 Daily Quarterly 0.40% 0.40%
(23) Rollover IRA $100.00 Daily Quarterly 0.40% 0.40%
(24) ROTH IRA Accumulative $100.00 Daily Quarterly 0.40% 0.40%
(25) ROTH IRA Rollover $100.00 Daily Quarterly 0.40% 0.40%
The Dividend Rates and Annual Percentage Yields(APY) are variable rates. Dividends are based on the Credit Union's earnings at the end of a dividend period and thus cannot be declared in advance. Rates and terms are subject to change at any time. There may be a government penalty for early withdrawal of IRA funds. Please contact the credit union for further information. *This is the minimum balance to open an account and the minimum balance to earn the posted Annual Percentage Yield (APY).

IRA Term Share Account Current Dividend and Annual Percentage Yield Rates

Term* Minimum
Balance**
Compounded Dividends
Credited
Dividend
Rate
Annual
Percentage
Yield
12 month $1,000.00 Daily Monthly 0.90% 0.90%
24 month $1,000.00 Daily Monthly 1.35% 1.36%
36 month $1,000.00 Daily Monthly 2.00% 2.02%
Mini-Jumbo          
12 month $50,000.00 Daily Monthly 0.95% 0.96%
24 month $50,000.00 Daily Monthly 1.40% 1.41%
36 month $50,000.00 Daily Monthly 2.05% 2.07%
Jumbo          
12 month $99,000.00 Daily Monthly 1.00% 1.01%
24 month $99,000.00 Daily Monthly 1.45% 1.46%
36 month $99,000.00 Daily Monthly 2.10% 2.12%


There is a substantial penalty for early (premature) withdrawal of IRA Term Share Account (formerly called Certificate of Deposit) funds. IRA Term Share Account Dividend Rates and Annual Percentage Yields (APY) are accurate as of the date of publication. Please contact the Credit Union for current rates or more information. There may be a government penalty for early withdrawal of IRA funds *IRA Term Share Accounts offered by Hughes Federal Credit Union are 12 Month Term - having 244 to 729 days to maturity; 24 Month Term - maturing two (2) calendar years from purchase date; 36 Month Term - maturing three calendar years from the purchase date.

** This is the minimum balance to open an IRA Term Share Account (or Certificate of Deposit) and the minimum daily balance to earn the posted Annual Percentage Yield(APR).

Click here for information on other investments.

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