Highway FCU is the Place to Save…

Share Savings Account

Members are required to open and maintain a share savings account with an opening balance requirement of $5.00. Your dividends are credited and  compounded quarterly on your average daily balance.

Average Daily Balance Annual Percentage Yield
Under $50.00 0.00%
$50.00 and over 0.20% APY
$25,000 and over 0.35% APY
Dividends Compounded Quarterly
Dividends Credited Quarterly
Dividend Period Calendar Quarter
Minimum Opening Deposit $5.00
Minimum Balance to Avoid Service Charge $5.00
Minimum Balance to earn the Stated APY $50.00
Balance Method Average Daily Balance

 

Certificate of Deposit

A Certificate of Deposit is a great way to invest for the future.  Dividends are credited and compounded quarterly on your average daily balance.  Rates are subject to change.  Check with the credit union for current rates.

Term Minimum Balance to open
and earn the stated APY
Annual Percentage Yield (APY)
3 Months $1,000 .35%
6 Months $1,000 .50%
One Year $1,000 1.26% (Limited Time Only)
Two Year $1,000 1.26%
Three Year $1,000 1.46%
Four Year $1,000 1.52%
Five Year $1,000 1.72%

 

Club Accounts

A Club Account is a great way to save for holiday expenses or any special occasion.  You may open a Club Account at anytime during the year with no minimum balance requirement.  Make regular deposits throughout the year. Your dividends are compounded and credited quarterly on your average daily balance.  After the final credit of dividends to your account, we’ll distribute the account balance to either your Share or Share Draft account.  You also have the option to receive a check through the mail.  There is a $25.00 early withdrawal fee associated with club accounts.

Annual Percentage Yield 0.10 % APY
Dividends Compounded Quarterly
Dividends Credited Quarterly
Dividend Period Calendar Quarter
Minimum Opening Deposit N/A
Minimum Balance to Avoid Service Charge N/A
Minimum Balance to earn the Stated APY $50.00
Balance Method Average Daily Balance

 

IRA Accounts

We offer Individual Retirement Accounts (IRAs) that can provide you with a comfortable nest egg when you retire.  Rules for deposits and withdrawals are subject to federal regulations.  There is no minimum balance to open this type of account, and automatic deposits are available.  Your dividends are compounded and credited quarterly on your average daily balance.

Annual Percentage Yield .85 % APY
Dividends Compounded Quarterly
Dividends Credited Quarterly
Dividend Period Calendar Quarter
Minimum Opening Deposit $0.00
Minimum Balance to Avoid Service Charge N/A
Minimum Balance to earn the Stated APY $50.00
Balance Method Average Daily Balance
Yearly maintenance fee $10.00
Closed account fee $10.00

 

Additional Truth-In-Savings Disclosure Information

Share Accounts

The dividend rate and annual percentage yield for Share Accounts, Club Accounts, and IRA Accounts may change at any time, as determined by the credit union board of directors.

Dividends will be compounded and credited to your account every calendar quarter.  Dividends are calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day.  Dividends will begin to accrue on the business day you place non-cash items (for example, checks) to your account.

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