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Share Certificate Dividend
Rates and Annual Percentage Yield ¹ |
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Effective
Monday, May 5th 2008 - APY represents Annual Percentage Yield |
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TERM |
MINIMUM BALANCE
TO EARN DIVIDENDS |
DIVIDEND RATE |
APY |
| 91-day |
$500
- $4,999.99 |
1.980% |
2.000% |
$5,000.00
- $24,999.99 |
1.980% |
2.000% |
|
$25,000.00
- $49,999.99 |
2.078% |
2.100% |
$50,000.00
- $99,999.99 |
2.176% |
2.200% |
Jumbo
$100,000.00 |
2.176% |
2.200% |
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6 month |
$500
- $4,999.99 |
2.225% |
2.250% |
$5,000.00
- $24,999.99 |
2.225% |
2.250% |
$25,000.00
- $49,999.99 |
2.323% |
2.350% |
$50,000.00
- $99,999.99 |
2.421%
|
2.450% |
Jumbo
$100,000.00 |
2.421% |
2.450% |
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1 year
|
$500
- $4,999.99 |
2.225% |
2.250% |
$5,000.00
- $24,999.99 |
2.225% |
2.250% |
$25,000.00
- $49,999.99 |
2.323% |
2.350% |
$50,000.00
- $99,999.99 |
2.421% |
2.450% |
Jumbo
$100,000.00 |
2.421% |
2.450% |
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2 year |
$500 - $4,999.99 |
2.469% |
2.500% |
$5,000.00 - $24,999.99 |
2.469% |
2.500% |
$25,000.00 - $49,999.99 |
2.567% |
2.600% |
$50,000.00 - $99,999.99 |
2.664% |
2.700% |
Jumbo $100,000.00 |
2.664% |
2.700% |
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3 year
|
$500 - $4,999.99 |
2.469% |
2.500% |
$5,000.00 - $24,999.99 |
2.469% |
2.500% |
$25,000.00 - $49,999.99 |
2.567% |
2.600% |
$50,000.00 - $99,999.99 |
2.664% |
2.700% |
Jumbo $100,000.00 |
2.664% |
2.700% |
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4 year
|
$500 - $4,999.99 |
2.713% |
2.750% |
$5,000.00 - $24,999.99 |
2.713% |
2.750% |
| $25,000.00 - $49,999.99 |
2.810% |
2.850% |
| $50,000.00 - $99,999.99 |
2.907% |
2.950% |
| Jumbo $100,000.00 |
2.907% |
2.950% |
| |
| 5 year |
$500 - $4,999.99 |
2.956% |
3.000% |
| $5,000.00 - $24,999.99 |
2.956% |
3.000% |
| $25,000.00 - $49,999.99 |
3.053% |
3.100% |
| $50,000.00 - $99,999.99 |
3.150% |
3.200% |
| Jumbo $100,000.00 |
3.150% |
3.200% |
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¹ A penalty will or may be imposed for early withdrawal.
Minimum balance to earn interest, $500.00.
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Share Dividend Rates and Annual
Percentage Yield¹ |
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Product
Type |
MINIMUM BALANCE
TO EARN DIVIDENDS |
DIVIDEND RATE |
APY |
No. 1
Money
Fund* |
$2,500 - $4,999.99 |
1.243% |
1.250% |
$5,000.00
- $24,999.99 |
1.243% |
1.250% |
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$25,000.00
- $49,999.99 |
1.490% |
1.500% |
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$50,000.00 - and more |
1.736% |
1.750%
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| ** Rates effective for month ending:
3-31-2008 |
Product
Type |
MINIMUM BALANCE
TO EARN DIVIDENDS |
DIVIDEND RATE |
APY |
Premium
Money
Market*** |
$0 - $25,999.99 |
0.000% |
0.000% |
| $25,000.00 - $49,999.99 |
2.472% |
2.500% |
$50,000.00
- $99,999.99 |
2.960% |
3.000% |
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$100,000.00 - and more
|
3.445% |
3.500% |
| *** All Annual Percentage Yields (APY) are variable rates. Minimum
initial deposit for the 2.50% APY is $25,000; for the 3.00% APY, the
minimum initial deposit is $50,000; and for the 3.50% APY, the minimum
initial deposit is $100,000. Opening deposits for all premium money
market accounts must be new money not already on deposit with
Cornerstone. There is a limit of four withdrawals per month with a
minimum of $1,000 per withdrawal. If the account balance falls below
$100,000, move to the $50,000 tier. If the account balance falls below
$50,000, move to the $25,000 tier. If the account balance falls below
$25,000, then dividends will not be issued. |
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PRODUCT
TYPE |
DIVIDEND RATE |
APY |
MINIMUM
BALANCE
TO OPEN
|
MINIMUM
AVERAGE
DAILY
BALANCE
TO EARN
APY
|
Regular
Shares &
Sub
Accounts
** |
.75% |
.75% |
$5.00 |
$50.00 |
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IRA
Account
** |
1.50% |
1.51% |
|
$50.00 |
Member
Plus
Checking
** |
.50% |
.50% |
|
$1,000.00 |
| |
Christmas
&
Vacation
Clubs
** |
.50% |
.50% |
|
$50.00 |
¹ Fees may reduce earnings on the
account, and rates may change after account is open.
** Rates effective for quarter ending: 3-31-08 |
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Loan Rates |
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As of Monday, May 5th 2008
- APR represents Annual Percentage Rate |
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Product
Type |
APR |
Car or Real
Estate Loans |
as low as 5.00%* |
| Shared Secured Loan |
3% over the stated Share Account dividend rate |
| Other Secured Loans |
as low as 5.25%* |
| Unsecured Loans |
as low as 9.95%* |
Home Equity Line
of Credit** |
as low as prime, or prime
+2.0%* |
| VISA® Classic- max $5,000 |
9.90% |
| VISA® Gold - max $10,000 |
8.90% |
| VISA® Platinum
- max $15,000 |
7.90% |
Student
Loans |
APR |
| Undergraduate Subsidized Stafford Loans |
Please call us at (716) 433-0063 for the current rates. |
| Graduate Subsidized, Unsubsidized Dependent, and Independent Stafford Loans |
| Parent PLUS and Graduate PLUS Loans |
* Annual percentage rates, all loans subject to approval,
rates may vary from those listed based on term and credit
qualifications. Other rates and terms available. Special
promotional rates may apply. Please call the Loan Center
for details.
** Prime rate is 7.25% effective 1/01/08 as published in
the Wall Street Journal. The maximum ANNUAL PERCENTAGE RATE
that can apply is 18% or the maximum permitted by law, whichever
is less. You must pay certain fees to third parties to open
the plan. These fees generally total between $300.00 and
$1,800.00. If you ask, we will provide you with an itemization
of the fees you will have to pay third parties.
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Privacy Statement | Disclosure, Terms, and Conditions
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| © Cornerstone Community Federal Credit Union 2006 |
Non-Cornerstone Community Federal Union links are provided as a service to members and are not
owned or controlled by Cornerstone Community Federal Credit Union. If the member chooses to
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the credit union is not responsible for the content on the alternative site. Cornerstone
Community Federal Credit Union is not endorsing or guaranteeing the products, information,
or recommendations provided by linked sites and is not liable for any failure of products
or services advertised on those sites. Linked site’s privacy and security policies may be
different than those practiced by Cornerstone Community Federal Credit Union and may be
less secure than the Cornerstone Community Federal Credit Union web site.
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