Current Deposit Rates
Effective January 30, 2012
Share Accounts
| Product | Balance |
APY* |
| Regular Shares |
> $0 |
0.25% |
| IRA Shares (Individual Retirement Accounts) |
> $0 |
0.25% |
| Club Accounts (Holiday and Vacation) |
> $0 |
0.25% |
| HSA (Health Savings Accounts) |
> $0 |
3.00% |
| Jumbo Money Market Account Regular or IRA |
$0.01 - $9,999.99 $10,000.00 - $49,999.99 $50,000.00 - $99,999.99 ≥ $100,000.00 |
0.25% 0.30% 0.50% 0.75% |
Share Draft Accounts
| Product | Balance |
APY* |
| Charter Classic |
≥ $1,000 |
0.25% |
Business Checking
| Product | Balance |
APY* |
| Premier Business Checking Account |
$0.01 - $24,999.99 $25,000.00 - $99,999.99 $100,000.00 - $249,999.99 ≥ $250,000.00+ |
0.25% 0.40% 0.70% 1.00% |
| Non-Profit 501 (c) Checking1 |
$0.01 - $24,999.99 $25,000.00 - $99,999.99 $100,000.00 - $249,999.99 ≥ $250,000.00+ |
0.50% 0.75% 1.00% 1.00% |
Share & IRA Certificates
| Term | Minimum Balance |
APY* |
| 30 Day |
$10,000 |
0.25% |
| 3 Month |
$1,000 |
0.25% |
| 6 Month |
$1,000 |
0.30% |
| 7 Month | $1,000 | 0.30% |
| 8 Month | $1,000 | 0.40% |
| 1 Year | $1,000 | 0.60% |
| 15 Month | $1,000 | 0.60% |
| Gold - 18 Month 2 | $1,000 | 1.10% |
| 2 Year |
$1,000 |
0.90% |
| 3 Year |
$1,000 |
1.50% |
| 4 Year |
$1,000 |
1.75% |
| 60 Month |
$1,000 |
2.00% |
| 72 - 120 Month 3 |
$10,000 |
2.00% |
* APY = Annual Percentage Yield. APY accurate as of last dividend declaration date. Substantial penalties for early withdrawal from share and IRA certificates, which can reduce the earnings on the account. The Annual Percentage Yield is based on an assumption that dividends will remain on deposit until maturity. Must qualify for credit union membership.
+ Maximum balance $2,000,000.00
1 Available to Non-Profit 501 (c) Organizations. Some restrictions may apply. See a Member Service Representative for details.
2 Available only to Gold Rewards Members; to see if you qualify for the Gold Rewards program, you may visit our website at www.CharterOak.org/goldrewards, call 860-446-8085 or see a Member Service Representative for program details.
3 Early withdrawal prior to 72 months will incur a penalty of 270 days of interest. Any early withdrawals after 72 months, will incur no interest penalty.
Important Information About Funds Availability
