Choice Checking™ Rates
Rates as of April 1, 2014 , subject to change without notice. Deposits are federally insured to at least $250,000 by the NCUA. For more information on share insurance, click here.
|Amount||Minimum to earn dividends||Dividend Rate||APY*|
|$500 - $999||$500||0.08%||0.08%|
|$1,000 - $2,499||$1,000||0.08%||0.08%|
|$2,500 - $9,999||$2,500||0.08%||0.08%|
|$10,000 and up||$10,000||0.08%||0.08%|
Dividends on checking accounts are established monthly at a rate determined by the EFCU Board of Directors. Dividends will begin to accrue on the business day you make the deposit to your account. Dividends are calculated by the Daily Balance method which applies a daily periodic rate to the principal in the account each day. Dividends are paid monthly. Fees may reduce earnings.
*APY - Annual Percentage Yield