Deposit Account Rates |
| Rates shown below were the dividend rates paid to member accounts for the fourth calendar quarter of 2006. All deposit accounts are insured up to $100,000 by the National Credit Union Administration (NCUA). |
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Membership Share Savings | Premium Checking | Prime Checking |
|---|---|---|---|
| Basic Savings Account | Dividends & More! | Free Checking | |
| Minimum to Open | $5.00 | $100.00 | $100.00 |
| Dividends compounded | Quarterly | Monthly | N/A |
| Dividends credited | Quarterly | Monthly | N/A |
| Dividend period | Quarterly | Monthly | N/A |
| Dividend rate | 0.50% | 0.10% | N/A |
| Annual Percentage Yield | 0.50% | 0.10% | N/A |
| Type of dividend rate | Variable | Variable | N/A |
| Additional deposits | Unlimited | Unlimited | Unlimited |
| Withdrawals | Unlimited | Unlimited | Unlimited |
| All 3 accounts above can be accessed by Northland's ATM Cash Card. | |||
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|
Cash Investment Account |
Senior Savings | |
|---|---|---|---|
| Money Market Checking | For Those 55 and More! | ||
| Minimum to Open | $2,500.00 | $5.00 | |
| Dividends compounded | Monthly | Quarterly | |
| Dividends credited | Monthly | Quarterly | |
| Dividend period | Monthly | Quarterly | |
| Dividend rate | Minimum 1.29% | 0.80% | |
| Annual Percentage Yield | Minimum 1.30%* | 0.80% | |
| Type of dividend rate | Variable | Variable | |
| Additional deposits | Unlimited | Unlimited | |
| Withdrawals | 3 per Month | Unlimited | |
| *CIA Money Market is a multi-tiered dividend account click here for more information. | |||