Tropical FCU

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Rates

Rates



Savings

Effective February 24, 2010

Type of Savings AccountMinimum To OpenDividend Payment FrequencyAPYRATE
Transaction Savings*$5Quarterly 40.1500%0.1499%
High Yield Savings **$2,500Monthly 120.3500%0.3494%
Business High Yield Savings***$10,000Monthly 120.5000%0.4989%
Roth IRA Savings*$25Quarterly 40.2500%0.2498%
Roth Conduit IRA Savings*$25Quarterly 40.2500%0.2498%
Traditional IRA Savings*$25Quarterly 40.2500%0.2498%
Holiday Club*$0Quarterly 40.1500%0.1499%
SEA Money Market - Tier 1**$2,500Monthly 120.2500%0.2497%
SEA Money Market - Tier 2$10,000Monthly 120.2500%0.2497%
SEA Money Market - Tier 3$25,000Monthly 120.2500%0.2497%
SEA Money Market - Tier 4$50,000Monthly 120.5000%0.4989%
Business Savings*$5Quarterly 40.1500%0.1499%
Business SEA Money Market - Tier 1**$2,500Monthly 120.2500%0.2497%
Business SEA Money Market - Tier 2$10,000Monthly 120.2500%0.2497%
Business SEA Money Market - Tier 3$25,000Monthly 120.2500%0.2497%
Business SEA Money Market - Tier 4$50,000Monthly 120.5000%0.4989%

 

*Annual Percentage Yield (APY) and dividend rates are the prospective yields and rates that the Credit Union anticipates paying for the quarterly dividend period.
 
 
Certificate Rate includes additional .25% for members who meet the requirements of a Tropical Plus Relationship
 
Plus Relationship Requirements: Maintain $10,000 in average daily deposits or $30,000 in month end loan balances
 
** A minimum balance of $2,500 must be maintained in checking account each day to earn a dividend on the daily balance and obtain the declared annual percentage yield.
 
*** Dividends are not paid on the Business Cash Management Checking account. Rather an interest credit is earned to offset fees.
 
Business Performance Checking: A minimum balance of $5,000 must be maintained in checking account each day to earn a dividend on the daily balance
 
Business High Performance Checking: A minimum balance of $10,000 must be maintained in checking account each day to earn a dividend on the daily balance


**** A minimum balance of $10,000 must be maintained in checking account each day to earn a dividend on the daily balance and obtain the declared annual percentage yield.