Savings Rates
Savings & Checking Accounts
Effective April 1, 2017
| Account Type | Rate | APY |
|---|---|---|
| Premier Checking | .05% | .05% |
| Basic Checking | None | |
| Regular Shares | .01% | .01% |
| Money Market | ||
| $50,000.00 plus | .10% | .10% |
| $10,000.00 – $49,999.99 | .05% | .05% |
| up to $9,999.99 | .05% | .05% |
| Clown Club (up to age 12) | .10% | .10% |
| Vacation Club | .10% | .10% |
| Holiday Club | .10% | .10% |
| IRA variable rate shares | .01% | .01% |
- APY = Annual Percentage Yield
- Regular, Roth & Educational IRAs are offered by NJ Gateway FCU with no annual fees.
- Rates are prospective, based on Credit Union earnings.
- Premier Checking, Money Market, Clown Club, Student Union and IRA Shares are subject to change.
- Regular Shares, Holiday & Vacation Clubs are subject to change.
Certificate Rates
(also offered for IRA Accounts)
- Share Certificate Order Form – Print, Fill out, Sign and Mail/Fax
| Term | Minimum Deposit | Rate | APY |
|---|---|---|---|
| 3 months | $10,000 | .30% | .30% |
| 6 months | $1000 | .30% | .30% |
| 12 months | $1000 | .44% | .44% |
| 24 months | $1000 | .74% | .74% |
| 36 months | $1000 | 1.02% | 1.02% |
| 48 months | $1000 | 1.18% | 1.18% |
| 60 months | $1000 | 1.35% | 1.36% |
Rates subject to change
- IRA Certificates must be 1 year or longer, with $500 minimum balance.
- Penalties for early withdrawal:
- 45 days on 3 month Certificates
- 90 days on longer than 3 month Certificates but less than 12 month Certificates
- 180 days on 1 year and longer Certificates
Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government
National Credit Union Administration, a U.S. Government Agency