Savings Rates

Savings, Certificate & IRA Rates

*Rates and terms are subject to change at any time based upon MVFCU Asset-Liability Committee (ALCO) review and changing market conditions.

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SAVINGS PRODUCT	Minimum Opening Deposit	Other Terms	Dividend Rate	Dividends Compound	APY*
Share Savings (S1)***	$5	$5 to earn dividend	0.25%	Quarterly	0.25%
Special Savings (S2)***	$0		0.25%	Quarterly	0.25%
Holiday Club (S3)	$0	$300 monthly maximum deposit Pays out annually November 1st	0.60%	Annually	0.60%
Money Market Savings (S6)	$0-$999 $1,000-$4,999 $5,000-$9,999 $10,000-$19,999 $20,000-$39,999 $40,000-$69,999 $70,000-$99,999 $100,000-$249,999 $250,000 and above		0.25% 0.35% 0.70% 0.90% 1.10% 1.35% 1.70% 2.35% 2.60%	Monthly	0.25% 0.35% 0.70% 0.90% 1.10% 1.36% 1.71% 2.38% 2.63%
Vacation Club (S14)	$0	$300 monthly maximum deposit Pays out annually June 1st	.60%	Annually	.60%
Kids Club (S15, S18, S19)	$0-$5000.00		0.75%	Monthly	0.75%
Kids Club (S15, S18, S19)	$5000.01 and above		0.25%	Monthly	0.25%
Health Savings Account		$10 Annual Fee Interest Bearing Checking Account	0.40%	Monthly	0.40%

* = Annual Percentage Yield. Rate is effective as of 11/24/2023. Rates and terms are subject to change at any time based upon ALCO review and changing market conditions. Fees may reduce the earnings on these accounts.
** = Dividend paid at pay-out date, no dividend for early withdrawal.
*** = Balances below the minimum balance will not earn interest.

SHARE CERTIFICATE	Minimum Opening Deposit	Dividend Rate	Divideds Compound	APY*
5 Year**	$500	2.25%	Quarterly	2.27%
4 Year**	$500	2.00%	Quarterly	2.01%
3 Year**	$500	1.90%	Quarterly	1.91%
30 Month	$500	1.70%	Quarterly	1.71%
2 Year**	$500	1.50%	Quarterly	1.51%
18 Month**	$500	1.30%	Quarterly	1.31%
1 Year**	$500	1.20%	Quarterly	1.21%
9 Month**	$500	0.90%	Maturity	0.90%
6 Month**	$500	0.60%	Maturity	0.60%
3 Month**	$500	0.40%	Maturity	0.40%
*Triple Play Certificate* 2 Year 4 Year 6 Year	$500 $500 $500	1.30% 1.80% 2.10%	Quarterly Quarterly Quarterly	1.31% 1.81% 2.12%
CERTIFICATE SPECIAL 63 Month 37 Month 25 Month 19 Month 15 Month 13 Month 11 Month 8 Month	$500 $500 $500 $500 $500 $500 $500 $500	4.10% 3.49% 4.50% 4.75% 5.00% 3.19% 5.10% 5.25%	Quarterly Quarterly Quarterly Quarterly Quarterly Quarterly At Maturity At Maturity	4.16% 3.54% 4.58% 4.84% 5.09% 3.23% 5.10% 5.25%

* = Annual Percentage Yield. Rate is effective as of 11/24/2023. Rates and terms are subject to change at any time based upon ALCO review and changing market conditions. Fees may reduce the earnings on these accounts.
** = Early withdrawal penalties exist for these accounts. Certificates with a maturity of 3 months - 12 months have a penalty of 90 days dividend. Certificates with a maturity of over 12 months - 29 months have a penalty of 180 days dividend. Certificates with a maturity of 30 months or greater have a penalty of 270 days.
*** = Triple Play Certificate offers three options - Each can be made once during the certificate's term: 1. Add up to 30% to principal. 2. Withdraw up to 30%. 3. Increase rate. Minimum deposit of $500.

RETIREMENT ACCOUNTS	Minimum Opening Deposit	Rate	Dividend Compounds	APY*
IRA Savings (S4)	$0	.60%	Quarterly	.60%
Coverdell (Educational) IRA Savings (S5)	$0	.60%	Quarterly	.60%
Roth IRA Savings (S7)	$0	.60%	Quarterly	.60%
IRA SHARE CERTIFICATE
12 Months** (Coverdell Educational)	$500	1.30%	Quarterly	1.31%
48 Months** (Coverdell Educational)	$500	2.10%	Quarterly	2.12%
12 Months** (Traditional & Roth)	$500	1.30%	Quarterly	1.31%
13 Months TRADITIONAL & ROTH SPECIAL**	$500	3.29%	Quarterly	3.33%
18 Months** (Traditional & Roth)	$500	1.40%	Quarterly	1.41%
25 Months TRADITIONAL & ROTH SPECIAL**	$500	3.69%	Quarterly	3.74%
30 Months** (Traditional & Roth)	$500	1.80%	Quarterly	1.81%
48 Months** (Traditional & Roth)	$500	2.10%	Quarterly	2.12%

* = Annual Percentage Yield. Rate is effective as of 11/24/2023. Rates and terms are subject to change at any time based upon ALCO review and changing market conditions. Fees may reduce the earnings on these accounts.
**= Early withdrawal penalties exist for these accounts. Certificates with a maturity of 3 months - 12 months have a penalty of 90 days dividend. Certificates with a maturity of 12 months - 29 months have a penalty of 180 days dividend. Certificates with a maturity of 30 months or greater have a penalty of 270 days.