Deposit Rates & Account Information - NET Credit Union
(844) 220-7845

 

Deposit Rates

 

Share Accounts
Share Certificates
Money Markets
IRA Share

Interest Rates on your share savings

Share TypeMinimum Balance to receive dividendsRateAPY
Share Savings*$200.010.02% 0.02%
$2500.010.05%0.05%
Share Holiday Club**$50.000.05%0.05%
Share Vacation Club**$50.000.05%0.05%
Share Draft**$20000.00%0.00%
Digital Checking/
Savings***		If Qualifying Criteria Met:
$1.00 to $10,000		0.60%0.60%
$10,000.01 or greater0.05%0.05%
If Qualifying Criteria Not Met0.00%0.00%
Checking Plus/ Savings***If Qualifying Criteria Met:
$1.00 to $10,000		0.65%0.65%
$10,000.01 or greater0.05%0.05%
If Qualifying Criteria Not Met0.00%0.00%

* Minimum Opening Deposit is $5.
** No Minimum Opening Deposit.
***Click to View Monthly Qualifications

Share Certificates (CD)

Term of CertificateMinimum Opening DepositRateAPY
6 Month – Youth$250.000.40%0.40%
3 Months$10000.20%0.20%
6 Months$10000.40%0.40%
9 Months$10000.50% 0.50%
12 Months$10000.70% 0.70%
18 Months$10000.80% 0.80%
24 Months$10000.90%0.90%
30 Months$10001.00%1.00%
36 Months$10001.05%1.06%
48 Months$10001.10%1.11%
60 Months$10001.20%1.21%
55 Months – Special*$10001.79%1.81%

Penalty for Early withdrawal of Share Certificates – Forfeiture of dividends as shown below:
Early withdrawal penalty is based on term of certificate.
For certificates with an original term of 12 months or less, the penalty amount will be 90 days dividends.
For certificates with an original term of 13-30 months, the penalty amount will be 365 days dividends.
For certificates with an original term greater than 31 months, the penalty amount will be 720 days dividends.

Terms of less than 12 months90 days dividend
Terms of 12 or more months180 days dividend

IRA Certificates: Exceptions to Early Withdrawal Penalties: When an owners dies or is determined legally incompetent by a court or other body of competent jurisdiction. Minimum opening deposit of $1,000.  Early withdrawal penalty may reduce earnings. This penalty may reduce earnings of the certificate.

Money Market

BalanceRateAPY
$200 - 2,5000.15%0.15%
$2,500.01 - 25,0000.20%0.20%
$25,000.01 - 50,0000.30%0.30%
$50,000.01 - 100,0000.35%0.35%
$100,000+0.40%0.40%

*No Minimum Opening Deposit

IRA Share Balance

IRA Share BalanceRateAPY
$1+0.05%0.05%

APY = Annual Percentage Yield
APR = Annual Percentage Rate

Depositors are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. All Deposit Products are Variable Rate and subject to change without notice. Fees may reduce earnings. Rates current as of 5/1/2022.

*Annual Percentage Yield. 0.55% annual percentage yield. Rates are for limited time only.