Checking & Savings Rates
Our goal is simple - to help you reach all of yours
Sikorsky Credit Union strives to put members in a better financial position by paying higher rates on Savings, Money Market, Share Certificate, and dividend-earning Checking Accounts.
APY = Annual Percentage Yield. Fees could reduce earnings.
| Term | Minimum Balance to Open | Minimum Balance to Earn APY | Dividend Rate | APY |
|---|---|---|---|---|
| 3 Months | $500.00 | $500.00 | 0.90% | 0.90% |
| 6 Months | $500.00 | $500.00 | 1.24% | 1.25% |
| 9 Months | $500.00 | $500.00 | 1.49% | 1.50% |
| 12 Months | $500.00 | $500.00 | 3.54% | 3.60% |
| 12 Months Jumbo | $100,000.00 | $100,000.00 | 3.69% | 3.75% |
| 13 Months | $500.00 | $500.00 | 3.54% | 3.60% |
| 18 Months | $500.00 | $500.00 | 3.54% | 3.60% |
| 24 Months | $500.00 | $500.00 | 3.69% | 3.75% |
| 25 Months | $500.00 | $500.00 | 3.69% | 3.75% |
| 30 Months | $500.00 | $500.00 | 3.69% | 3.75% |
| 33 Months | $500.00 | $500.00 | 3.69% | 3.75% |
| 36 Months | $500.00 | $500.00 | 3.93% | 4.00% |
| 50 Months | $500.00 | $500.00 | 3.93% | 4.00% |
| 60 Months | $500.00 | $500.00 | 3.93% | 4.00% |
APY = Annual Percentage Yield. Fees could reduce earnings.
| Minimum Balance to Open | Minimum Balance to Earn APY | Dividend Rate | APY | |
|---|---|---|---|---|
| Member Savings Account5 | $5.00 | $0.01 | 0.20% | 0.20% |
| Kasasa Saver6 Balances $.01 to $100,000 | $5.00 | $0.01 | 2.96% | 3.00% |
| Kasasa Saver6 Balances $100,000.01 and over | $5.00 | $100,000.01 | 0.50% | 3.00-1.74% |
| Special Savings Account | $5.00 | $0.01 | 0.20% | 0.20% |
| Health Savings Accounts (HSA)7 | $5.00 | $0.01 | 1.98% | 2.00% |
| Club Accounts - Holiday & Vacation | $5.00 | $0.01 | 0.20% | 0.20% |
| Coverdell Education Savings Account | $5.00 | $0.01 | 0.20% | 0.20% |
| IRA Savings Account3 | $5.00 | $0.01 | 0.20% | 0.20% |
| Early Advantage Account8 Balances $.01 to $10,000 | $5.00 | $0.01 | 2.96% | 3.00% |
| Early Advantage Account8 Balances $10,000.01 and over | $5.00 | $10,000.01 | 0.20% | 3.00-0.45% |
APY = Annual Percentage Yield. Fees may reduce earnings.
| Minimum Balance to Open | Minimum Balance to Earn APY | Dividend Rate | APY | |
|---|---|---|---|---|
| $.01 to $999.99 | $5.00 | $0.01 | 0.40% | 0.40% |
| $1,000 to $9,999.99 | $5.00 | $1,000.00 | 0.50% | 0.50% |
| $10,000 to $24,999.99 | $5.00 | $10,000.00 | 0.75% | 0.75% |
| $25,000 to $49,999.99 | $5.00 | $25,000.00 | 0.85% | 0.85% |
| $50,000 to $74,999.99 | $5.00 | $50,000.00 | 1.00% | 1.00% |
| $75,000 to $99,999.99 | $5.00 | $75,000.00 | 1.24% | 1.25% |
| $100,000 and over | $5.00 | $100,000.00 | 1.49% | 1.50% |
Fees may reduce earnings.
| Minimum Balance to Open | Minimum Balance to Earn APY | Dividend Rate | APY | |
|---|---|---|---|---|
| Simple Checking | $25.00 | N/A | N/A | N/A |
| Standard Checking Account | $25.00 | N/A | N/A | N/A |
| Kasasa Cash Rewards Checking1,9 Balances $.01 to $25,000 | $25.00 | $.01 | 3.93%10 | 4.00% |
| Kasasa Cash Rewards Checking1,9 Balances $25,000.01 and over | $25.00 | $25,000.01 | 0.50%10 | 4.00-1.20% |
| Kasasa Cash Back Rewards Checking11 | $25.00 | N/A | N/A | N/A |
| Daily Money Market Account1,4,12 | $1,000.00 | $1,000 | 0.20% | 0.20% |
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Dividends are calculated using a daily balance method and are paid monthly. Dividends are subject to Credit Union earnings and are officially declared at the end of the dividend period. Please contact a staff member for additional information on applicable fees and terms. The Dividend Rate may change at any time and may change after the account is open. Transaction limitations apply. APY is accurate as of the last dividend declaration date. Fees can reduce earnings.
Dividend Rates on Share and IRA Certificates are fixed and will not change until maturity. The Annual Percentage Yield assumes dividends and principal will remain on deposit until maturity. A withdrawal will reduce earnings. Any withdrawal of principal from certificates before maturity will be subject to penalty.
On IRA accounts, substantial tax penalties may be imposed under IRA regulations for withdrawal prior to age 59-1/2.
Transaction limitations may apply.
Minimum $5.00 balance must be maintained at all times.
Requires Kasasa Cash Back Free Rewards Checking or Kasasa Cash Free Rewards Checking and $5 minimum deposit to open account.
Must have Member Share account to establish membership and open an HSA. Maximum balance per IRS guidelines. Member is responsible for maintaining documentation required for tax purposes.
To open an Early Advantage Account the primary must be under 25 years of age. For minors under the age of 13, we require a parent or legal guardian at least 18 years of age as a joint owner on the account. Limit one Early Advantage Account per minor.
Free tiered rate checking account that rewards accountholders when they meet minimum qualifications during the Monthly Qualification Cycle. Minimum of $25 deposit to open account.
Base Dividend Rate and APY are .05% when account does not meet qualifications during the account's Monthly Qualification Cycle. Dividends are non-compounding when linked to a Kasasa Saver. Refer to the Kasasa Cash with Saver Disclosure for additional details.
Free reward checking account that rewards accountholders when they meet minimum qualifications during the Monthly Qualification Cycle. Minimum of $25 deposit to open account.
The minimum withdrawal or transfer permitted from this account is $500. There is no limit on the number of withdrawals or transfers you may make from this account, provided each withdrawal or transfer is for at least $500.