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Term Share Account Rates
TERM SHARE ACCOUNT CURRENT DIVIDEND AND ANNUAL PERCENTAGE YIELD RATES
Effective July 1, 2008
Term*
Minimum
Balance**
Compounded
Dividends
Credited
Dividend
Rate
Annual
Percentage
Yield
6 month
$1,000.00
Daily
Monthly
1.75%
1.77%
12 month
$1,000.00
Daily
Monthly
2.25%
2.28%
24 month
$1,000.00
Daily
Monthly
3.00%
3.05%
36 month
$1,000.00
Daily
Monthly
3.25%
3.30%
Mini-Jumbo
6 month
$50,000.00
Daily
Monthly
1.80%
1.82%
12 month
$50,000.00
Daily
Monthly
2.30%
2.33%
24 month
$50,000.00
Daily
Monthly
3.05%
3.10%
36 month
$50,000.00
Daily
Monthly
3.30%
3.36%
Jumbo
6 month
$99,000.00
Daily
Monthly
1.85%
1.87%
12 month
$99,000.00
Daily
Monthly
2.35%
2.38%
24 month
$99,000.00
Daily
Monthly
3.10%
3.15%
36 month
$99,000.00
Daily
Monthly
3.35%
3.41%
There is a substantial penalty for early(premature) withdrawal of Term Share Account(formerly called Certificate of Deposit) funds. 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.
*Term Share Accounts offered by Hughes Federal Credit Union are 6 Month Term - having 122 to 243 days to maturity; 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 (3) calendar years from the purchase date.
** This is the minimum balance to open an account or Term Share Account (formerly called Certificate of Deposit) and the minimum daily balance to earn the posted Annual Percentage Yield (APY).
