Accounts
*Rates accurate as of 2/13/17.
|
Account Name |
Initial
Deposit
Required
|
Interest Rate |
Features |
Business Membership Account
|
$5 |
Rate %
0.030
APY %
0.03
|
- No service charge.
- Interest paid and compounded quarterly.
- Establishes membership with ORNL Federal Credit Union.
|
Business Savings
|
n/a |
Rate %
0.030
APY %
0.03
|
- Dividends paid quarterly
- No limit on withdrawals
|
|
Business Money Market Savings |
$2500 |
Tiered Below |
- No annual fees
- Dividends paid and compounded monthly
- Minimum deposit & daily balance of $2,500
- Monthly fee of $5 applies if minimum balance not met at any time during the month
- Limited to 6 withdrawals per month. $2.00 per withdrawal beginning with the 7th withdrawal per month
|
| Tiers |
Dividend Rate |
Annual Percentage Yield
|
| |
|
|
| Balances of less than $2,500 |
0.150% |
0.15% |
| Balances of $2,500 to $24,999 |
0.150% |
0.15% |
| Balances of $25,000 to $49,999 |
0.150% |
0.15% |
| Balances of $50,000 to $99,999 |
0.200% |
0.20% |
| Balances of $100,000 and more |
0.300% |
0.30% |
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