Money market accounts | STCU money market |
Dividends compounded / credited | Monthly / Monthly |
Dividend period | Monthly |
Minimum opening deposit | None |
Minimum balance to avoid service fee | None |
Balance method | Daily balance |
Account limitations | See #6 below |
Balance range | Dividend rate / Annual percentage yield |
Under $2,500.00 | 0.15% / 0.15% |
$2,500.00 to $9,999.99 | 0.20% / 0.20% |
$10,000.00 to $24,999.99 | 0.30% / 0.30% |
$25,000.00 to $49,999.99 | 0.30% / 0.30% |
$50,000.00 to $74,999.99 | 0.45% / 0.45% |
$75,000.00 to $99,999.99 | 0.45% / 0.45% |
$100,000.00 or more | 0.45% / 0.45% |
Money market accounts | President's Premium money market |
Dividends compounded / credited | Monthly / Monthly |
Dividend period | Monthly |
Minimum opening deposit | $25,000 |
Minimum balance to avoid service fee | None |
Balance method | Daily balance |
Account limitations | See #6 below |
Balance range | Dividend rate / Annual percentage yield |
Under $25,000.00 | 0.30% / 0.30% |
$25,000.00 to $49,999.99 | 0.65% / 0.65% |
$50,000.00 to $74,999.99 | 0.65% / 0.65% |
$75,000.00 to $99,999.99 | 0.65% / 0.65% |
$100,000.00 to $149,999.99 | 1.05% / 1.06% |
$150,000.00 to $199,999.99 | 1.05% / 1.06% |
$200,000.00 to $249,999.99 | 1.05% / 1.06% |
$250,000.00 or more | 1.25% / 1.26% |
Money market accounts | President's Plus money market |
Dividends compounded / credited | Monthly / Monthly |
Dividend period | Monthly |
Minimum opening deposit | $100,000 |
Minimum balance to avoid service fee | None |
Balance method | Daily balance |
Account limitations | See #6 below |
Balance range | Dividend rate / Annual percentage yield |
Under $100,000.00 | 0.00% / 0.00% |
$100,000.00 to $199,999.99 | 1.50% / 1.51% |
$200,000.00 to $299,999.99 | 1.50% / 1.51% |
$300,000.00 to $399,999.99 | 1.50% / 1.51% |
$400,000.00 to $499,999.99 | 1.50% / 1.51% |
$500,000.00 to $999,999.99 | 2.00% / 2.02% |
$1,000,000.00 or more | 3.00% / 3.04% |
Applicable to all accounts |
Current month account history |
$2.00 per history |
Copy of statement |
$2.00 per statement |
Inactive account (for members 18 and over) |
$2.00 per account (monthly) |
Cashier's checks for members (payable to other) |
$3.00 per item |
Incorrect address fee |
$5.00 per month |
Garnishment processing fee |
$75.00 per garnishment |
Account research |
Research fees |
$25 per hour with $5 minimum |
Copy of statement |
$2.00 per statement |
Check copies (99 items or less) |
Research fee |
Check copies (100 or more) |
Research fee + $1.50 per item |
Rush requests (next day, 10 items maximum) |
Research fee + an additional $25 |
Overdraft fees |
Transfer from other deposit account |
None |
Cash advance fee (transfer from credit card) |
Either $5.00 or 3% of each cash advance, whichever is greater |
NSF item paid fee (created by check, ACH, and debit card transactions) |
$29.00 per item |
NSF item returned fee |
$29.00 per presentment |
Overdraft fee (Privilege Pay) |
$29.00 ($174 daily limit for overdraft fees, in addition to NSF fees) |
Money market account fees |
Monthly service charge |
None |
Stop payment fee |
$25.00 per item |
Excess item fee |
$5 each, first 3 items; $15 for each additional item |
Check printing charges |
Varies, depending on style |
Truth-in-Savings disclosures.
Except as specifically described, the following disclosures apply to all of the accounts named above.