Savings/Share Account Rates
It pays to save.
Red River Employees Federal Credit Union
Rates Effective: 3/29/2023
(Rates subject to change, call 903-735-3000 or 800-822-3317 for current rates)
*APY=Annual Percentage Yield. Dividends on certificate accounts are compounded/credited monthly. Advertised APY is accurate as of 2/15/2023 for the "Choose Your Term" 7-month, 16-month, or 25-month promotional terms. Rates are subject to change at any time without notice. $500 minimum to open and obtain advertised APY on the 7-month, 16-month or 25-month term. No maximum balance limits or maximum number of certificate accounts apply. Auto-renewal option not available for “Choose Your Term” promotion. At maturity, share certificate will roll into primary share account and IRA certificate into primary IRA share account, unless otherwise instructed by the member. Certificates are subject to early withdrawal penalties. Membership and eligibility required. Terms, conditions, and penalties may apply. Fees may reduce earnings on the account. RRCU reserves the right to change or cancel the promotion at any time.
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ACCOUNT RATES
Projected Dividend Date: 3/31/2023
Account Type Minimum Balance Dividend Credited/ Compounded Dividend Rate Annual Percent Yield Regular Savings
HSA Savings
($5 Opening Balance)$5.00 Quarterly 0.10 % 0.10 % Commercial Savings
($5 Opening Balance)$0.00 Quarterly 0.10 % 0.10 % IRA Savings
($0 Opening Balance)$0.00 Quarterly 1.50 % 1.50 % Christmas Savings
($0 Opening Balance)$0.00 Quarterly 0.10 % 0.10 % Tax Savings
($0 Opening Balance)$0.00 Quarterly 0.10 % 0.10 % Projected Dividend Date: 3/31/2023
Account Type Minimum Balance Dividend Credited/ Compounded Dividend Rate Annual Percent Yield Varsity Club, HSA Checking, Organizational, Non Profit, Sole Proprietorship, Business Checking (Checking-Ck*)
($0 Opening Balance)$0.00 Monthly 0.05 % 0.05 % MembersChoice Premier Checking
($0 Opening Balance)$0.00 Monthly 0.05 % 0.05 % Money Market
($2,500 Opening Balance)
$2,500 - $99,999.99
$100,000 - $249,999.99
$250,000+Monthly
2.00 %
2.25 %
2.50 %2.00 %
2.25 %
2.50 %Commercial Money Market
($2,500 Opening Balance)
$2,500 - $99,999.99
$100,000 - $249,999.99
$250,000 - $499,999.99
$500,000 +Monthly
2.00 %
2.25 %
2.50 %
2.75 %2.00 %
2.25 %
2.50 %
2.75 %All rates are based on a Daily Balances.
* No Longer Available as of 08/01/2016 -
IRA CERTIFICATE RATES
Minimum opening and running balance for IRA Certificates is $500 unless indicated otherwise.
Account Type
Dividends Credited/ Compounded
Monthly/ Quarterly
Dividend RateMonthly/ Quarterly
APY*12 Months
Monthly/Quarterly
4.20 %
4.28 % / 4.26 %
18 Months
Monthly
3.65 %
3.71 %
24 Months
Monthly/Quarterly
4.45 %
4.54 % / 4.52 %
36 Months
Monthly/Quarterly
4.00 %
4.07 % / 4.06 %
48 Months
Monthly/Quarterly
4.00 %
4.07 % / 4.06 %
60 Months
Monthly/Quarterly
4.00 %
4.07 % / 4.06 %
7 Month Special Monthly 4.60% 4.69% 16 Month Special Monthly 4.59% 4.69% 25 Month Special Monthly 4.59% 4.69% *APY=Annual Percentage Yield. Rate subject to change without notice. A penalty will be imposed for early withdrawal.
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SHARE CERTIFICATE RATES
