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Current Savings Rates

Compare our rates - we are confident they are the best in the Hermantown area. Why? Our member/owners have stressed that low loan rates and high savings rates are what they want from their financial services cooperative. Exercise your power as a member and realize the savings you deserve - Apply For A Loan or savings account today!

Quoted rates are in effect 5/12/08 and are subject to change.
See credit union FSR for the most current rates.

SHARE SAVINGS
APY*
RELATIONSHIP APY*
TERM

COMMENTS

*.50%
N/A
N/A
* Dividend declared by the Board and posted to all share savings accounts on a quarterly basis.
*APY = Annual Percentage Yield.


MONEY MARKET SAVINGS
APY*
RELATIONSHIP APY*
TERM
COMMENTS

1.01%
N/A
N/A
$2500 Minimum Balance
*APY = Annual Percentage Yield.


TERM SHARE CERTIFICATES (CDs)
APY*
RELATIONSHIP APY*
TERM
COMMENTS

2.30%
2.50%
6 Month
$1000 Minimum Balance
2.40%
2.75%
1 Year
$1000 Minimum Balance
2.75%
3.00%
2 Year
$1000 Minimum Balance
3.00%
3.15%
3 Year
$1000 Minimum Balance
3.15%
3.35%
4 Year
$1000 Minimum Balance
*APY = Annual Percentage Yield.


IRA SAVINGS
APY*
TERM
COMMENTS

2.00%
N/A
No Minimum Balance
*APY = Annual Percentage Yield.


 
 

*APY is annual percentage yield.

Term share certificates carry early withdrawal penalties that may reduce earnings and principal.
 
This credit union is federally insured by the National Credit Union Administration.
© Copyright 2008 Hermantown Federal Credit Union. All Rights Reserved.