Knowing current interest rates is a good first step on the journey to financial ownership. Marine Credit Union posts interest rates as a convenience to our members as they make financial decisions. Rates shown are current as of 6-1-2020, and are subject to change without notice. Contact your local branch to verify today’s rates.
Term Share Certificates
Term
Minimum Balance to Earn Dividends
Nominal Dividend Rate
Annual Percentage Yield
3-month
$1,000
0.15%
0.15%
6-month
$1,000
0.30%
0.30%
12-month
$1,000
0.50%
0.50%
18-month
$1,000
0.60%
0.60%
24-month
$1,000
0.80%
0.80%
30-month
$1,000
1.00%
1.00%
36-month
$1,000
1.05%
1.05%
48-month
$1,000
1.15%
1.16%
60-month
$1,000
1.30%
1.31%
Penalty may be imposed for early withdrawal and subject to account closure. NOTE – Minimum balance of $1000 applies to members under 18 (excluding Specials)
Individual Retirement Accounts
Type
Minimum Balance to Earn Dividends
Nominal Dividend Rate
Annual Percentage Yield
12-mont IRA
$1,000
0.60%
0.60%
18-month IRA
$1,000
0.70%
0.70%
24-month IRA
$1,000
0.90%
0.90%
30-month IRA
$1,000
1.10%
1.11%
36-month IRA
$1,000
1.15%
1.16%
48-month IRA
$1,000
1.25%
1.26%
60-month IRA
$1,000
1.40%
1.41%
Traditional, Roth and Coverdell IRA accounts. Penalty may be imposed for early withdrawal. NOTE – Minimum balance to open an IRA certificate is also $1,000.
Jumbo Term Share Certificates
Term
Minimum Balance to Earn Dividends
Nominal Dividend Rate
Annual Percentage Yield
3-month
$100,000
0.90%
0.90%
6-month
$100,000
1.05%
1.05%
12-month
$100,000
1.25%
1.26%
18-month
$100,000
1.35%
1.36%
24-month
$100,000
1.55%
1.56%
30-month
$100,000
1.75%
1.76%
36-month
$100,000
1.80%
1.81%
48-month
$100,000
1.90%
1.91%
60-month
$100,000
2.05%
2.07%
Penalty may be imposed for early withdrawal and subject to account closure.
Jumbo Individual Retirement Accounts
Type
Minimum Balance to Earn Dividends
Nominal Dividend Rate
Annual Percentage Yield
12-month
$100,000
1.35%
1.36%
18-month
$100,000
1.45%
1.46%
24-month
$100,000
1.65%
1.66%
30-month
$100,000
1.85%
1.86%
36-month
$100,000
1.90%
1.91%
48-month
$100,000
2.00%
2.02%
60-month
$100,000
2.15%
2.17%
Traditional, Roth and Coverdell IRA accounts. Penalty may be imposed for early withdrawal. NOTE – Minimum balance to open a Jumbo IRA certificate is also $100,000.
All dividend rates subject to change without notice. Annual Percentage Yield (APY) assumes all principal and interest remain on deposit for the full term. Accounts are federally insured to $250,000 by NCUA.
