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New Higher Rates for
Money Market Account
and Certificates
BASIC SHARE (01) & CLUB 55 ACCOUNTS - Minimum deposit to open account is $50. You must maintain a deposit of $50 to avoid a fee. You must maintain a minimum average daily balance of $250 to obtain the disclosed annual percentage yield and rate. Dividends are paid quarterly. BASIC SHARE(02) –Minimum deposit to open account and avoid closure is $5. You must maintain a minimum average daily balance of $250 to obtain the disclosed annual percentage yield and rate. Dividends are paid quarterly.
HOME SAVERS ACCOUNTS — Minimum deposit to open account and avoid closure is $200. You must maintain a minimum average daily balance pf $200 to obtain the disclosed annual percentage yield and rate. Dividends are paid quarterly.
KITES, INDIVIDUAL RETIRMENT ACCOUNTS, VACATION & HOLIDAY CLUBS - Minimum deposit to open account and avoid closure is $25. You must maintain a minimum average daily balance of $25 in your account to obtain the disclosed annual percentage yield and rate. Dividends are paid quarterly.
INTEREST CHECKING ACCOUNTS - Minimum deposit to open account is $25. Dividends will be based on your average daily balance and paid monthly.
MONEY MARKET ACCOUNTS. Minimum deposit to open account and avoid a fee is $2500. Dividends will be based on the daily balance and paid monthly. Minimum withdrawal is $100.
TERM CERTIFICATE. Minimum balance of $1,000 to keep the account
open and earn the disclosed yield and rate. Terms available
6 mo, 12 mo, 24 mo, 36 mo, and 48 mo.
TRADITIONAL & ROTH IRA TERM CERTIFICATES. Minimum balance of
$1,000 to keep the account open and earn the disclosed yield
and rate. Terms available 6 mo, 12 mo, 24 mo, 36 mo, and
48 mo.
EDUCATION IRA TERM CERTIFICATES. Minimum balance of $500 to keep the account open and earn the disclosed yield and rate. Terms available 6 mo, 12 mo, 24 mo, 36 mo.
YOUTH SAVERS TERM CERTIFICATES. Minimum balance of $100 to keep the account open and earn the disclosed yield and rate. Terms available 6 mo, 12 mo, 24 mo, 36 mo.
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Savings
Accounts
EFFECTIVE
9-1-2007
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| ACCOUNT TYPE |
AVERAGE
DAILY BALANCE |
DIVIDEND RATE |
ANNUAL % YIELD |
| Basic Shares |
$250 & up |
.75% |
.75% |
| Club 55 |
$250 & up |
1.00% |
1.00% |
| Kids Club |
$25 & up |
.75% |
.75% |
| Vacation, Holiday, Home Savers |
$25 & up |
.75% |
.75% |
| IRA Accumulator |
$25 & up |
.75% |
.75% |
| Interest
Checking |
$.01 & up |
.25% |
.25% |
| Money
Market Checking |
$.01 - $2,499.99 |
.50% |
.50% |
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$2,500.00 - $9,999.99 |
1.50% |
1.50% |
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$10,000.00 - $24,999.99
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1.75% |
1.76% |
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$25,000.00 - $49,999.99
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2.20% |
2.22% |
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$50,000.00 & over |
2.50% |
2.53% |
* $1,000 minimum deposit. No maximum. Special certificate only available for new money not currently on deposit at Shell Southwest FCU.
Basic and IRA Term Share Certificates of Deposit
| TERMS |
MINIMUM DEPOSIT |
DIVIDEND RATE |
ANNUAL % YIELD |
| 6 months |
$1,000 |
3.75% |
3.79% |
| 12 months |
$1,000 |
3.80% |
3.80% |
| 24 months |
$1,000 |
3.80% |
3.80% |
| 36 months |
$1,000 |
3.80% |
3.80% |
| 48 months |
$1,000 |
3.90% |
3.90% |
Kids Club Term Share Certificates of Deposit
| TERMS |
MINIMUM DEPOSIT |
DIVIDEND RATE |
ANNUAL % YIELD |
| 6 months |
$100 |
2.75% |
2.77% |
| 12 months |
$100 |
2.80% |
2.80% |
| 24 months |
$100 |
2.80% |
2.80% |
| 36 months |
$100 |
2.80% |
2.80% |
| 48 months |
$100 |
2.80% |
2.90% |
Updated 1/17/07
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