A.P.Y= annual percentage yield.  Rates subject to change without notice and are for informational purposes only. Please contact the credit union for actual rate information at (586) 756.5010

Savings Account
Effective Date: 1/1/12
Name	Dividend Rate	A.P.Y.
Regular Savings	0.25%	0.25%
Christmas Club	0.75%	0.75%
Summer Savers Club	1.00%	1.00%
Other Savings	0.25%	0.25%
Early Bird Savings	0.25%	0.25%
Teen Connection	0.25%	0.25%
Traditional, Roth, Educational IRAs $500.00 to $5,000.00	0.70%	0.70%
$5,001.00 to $25,000.00	0.70%	0.70%
$25,001 to $50,000.00	0.80%	0.80%
$50,001 and over	0.90%	0.90%

Share Account

Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period.
The dividend rate and annual percentage yield (APY) on share accounts may change every quarter as determined by our board of directors. The dividend rate and annual percentage yield (APY) on IRA share accounts may change monthly as determined  by our board of directors. Please call (586) 756.5010 to obtain current rate information.

Christmas Club Account

Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period.
The rate may change each year and will be determined each year by the Board of Directors by October 1st of each year. The dividend rate and APY have not yet been determined. These rates will be available on October 1st of each year. To obtain the rate information after October 1st, please call (586) 756.5010

Summer Savers Club Account

Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period.
The rate may change each year and will be determined each year by the Board of Directors by April 1st of each year. The dividend rate and APY have not yet been determined. These rates will be available on April 1st of each year. To obtain the rate information after April 1st, please call (586) 756.5010

Early Bird Savings Club

St. Cletus Credit Union has established an account specifically for children 12 and under to help them learn fiscal responsibility and promote good savings habits. We feel these lessons will serve them well as they grow into adulthood.

The children will need to open a primary share (basic savings) account to become a "member" of the credit union. A $5 minimum deposit is required to open the primary share account. All accounts will need a parent to sign as a joint owner. The Early Bird Savings Club will be a sub-account under their primary account number. If they already have an existing savings account, all you need to do is let us know that your child(ren) would like to join the club and we'll activate the necessary sub-account under their existing account. Once their "Early Bird" account is activated, we'll be able to transfer funds from their primary share account into their Early Bird account so they will be able to start receiving their "rewards". Their Early Bird account will earn the same dividend rate as their primary share account.

When the children open their account they will receive an Early Bird Savings Club activity book, savings book, quarter saver booklet, and membership card all specifically designed for the "club".

As a bonus, all members of the Early Bird Savings Club will be sent one coupon (McDonalds, Toys-R-Us, etc), up to a maximum of 10, after the end of each quarter for each $100 they keep in their account for the entire quarter.

Teen Connection Account

This account has been designed especially to meet the needs of our 13 to 17 year old members. It's a great way for young adults to learn about financial responsibility and have fun at the same time.

Teens will need to open an account to become a member of the Credit Union to be able to open a

 Teen Connection account. All Teen Connection members can sign up for our Home Banking program so they can check on their account anytime from a PC. Those 16 and 17 years old will be eligible for a checking account and an ATM/Debit card after going through a short orientation.

 Existing members may transfer their current balance into a Teen Connection account. Members who bring in a friend who joins the Credit Union and signs up for a Teen Connection account will earn a $10 deposit to their account from the Credit Union.

Everyone who opens a Teen Connection account  will receive a free gift and be entered into a drawing to win a $25 gift card from Best Buy. The drawing will be held each quarter.

All members of the Teen Connection will be eligible for a quarterly bonus! For every $100 that is kept in a Teen Connection account an entire dividend quarter, you will earn one entry, up to a maximum of 10, into a quarterly drawing for a $50 gift certificate from Best Buy!

So get ready to get connected when you join the Teen Connection.

*A.P.Y = Annual percentage yield

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