Saint Michaels Federal Credit Union

Savings Rates

Type of Savings Nominal APY Interest Credited Minimum Initial Deposit
Regular (Shares) Savings
.05
.05
quarterly
$5.00
Share Drafts Checking*
.05
.05
monthly
$300.00
Christmas Clubs
.10
.10
quarterly
$5.00
MMSA (Money Market Shares)**
.25
.25
monthly
$2,500.00
6 Month Certificate
.35
.35
monthly
$5,000.00
One Year Certificate
.95
.95
monthly
$1,000.00
18 Month Certificate
1.01
1.01
monthly
$1,000.00
Two Year Certificate
1.15
1.15
monthly
$1,000.00
Three Year Certificate
1.25
1.26
monthly
$1,000.00
Four Year Certificate
1.40
1.41
monthly
$1,000.00
Five Year Certificate
1.65
1.66
monthly
$1,000.00
IRA Regular Savings
.05
.05
quarterly
$5.00
  • All IRA Certificate rates as listed above
  • Rates Accurate as of 8/22/2014

*Minimum average balance to earn interest = $300.00
*Monthly service charge $0.00. Business checking charge $10.00.
**Balances below $2,500.00 earn .05%

Variable rate certificates available.
Please contact a member service representative for details.

  • APR = Annual Percentage Rate
  • APY = Annual Percentage Yield
  • All IRA rules, regulations and restrictions apply.
  • All rates are subject to change without notice. Please contact a member service representative at (508) 674-3861

*Minimum average balance to earn interest = $300.00
*Monthly service charge $0.00. Business checking charge $10.00.
**Balances below $2,500.00 earn .05%