Dividend Rates
As of January 1, 2017
Rates are subject to change and are listed as a general guide only. For up-to-date rates contact Mid Kansas Credit Union at 620-345-2980
Savings & Checking Account Rates
|
Account Type |
Minimum Opening Deposit |
Minimum to Earn APY1 |
Dividend Rate |
Annual Percentage Yield APY1 |
|
Regular Share Acct |
$25.00 |
$25.00 |
0.10% |
0.10% |
|
|
|
|
|
|
|
Auxiliary Share Acct |
$5.00 |
$5.00 |
0.10% |
0.10% |
|
|
|
|
|
|
|
Expandachek Acct |
- |
- |
- |
- |
|
Up to but not exceeding $2,500 |
$50.00 |
$1,000.00 |
0.07% |
0.07% |
|
Above $2,500 |
$50.00 |
$2,500.00 |
0.14% |
0.14% |
Money Market and IRA Accounts
|
Tier |
Minimum Opening Deposit |
Maximum Deposit |
Dividend Rate |
APY1 |
|
Money Market Acct - Tier 1 |
$1,000 |
$9,999 |
0.10% |
0.100% |
|
Tier 2 |
$10,000 |
$49,999 |
0.12% |
0.120% |
|
Tier 3 |
$50,000 |
$99,999 |
0.12% |
0.120% |
|
Tier 4 |
$100,000 |
none |
0.15% |
0.150% |
|
IRA Account |
none |
none |
0.20% |
0.200% |
Share Certificates
|
Length2 |
Minimum Opening Deposit |
Minimum to Earn APY1 |
Dividend Rate |
APY1 |
|
3 Month |
$1,000 |
$1,000 |
0.20% |
0.20% |
|
6 Month |
$1,000 |
$1,000 |
0.25% |
0.25% |
|
1 Year |
$1,000 |
$1,000 |
0.30% |
0.30% |
|
2 Year |
$1,000 |
$1,000 |
0.40% |
0.40% |
|
3 Year |
$1,000 |
$1,000 |
0.50% |
0.50% |
|
5 Year |
$1,000 |
$1,000 |
0.75% |
0.75% |
Market Index Certificate
|
Length3 |
Minimum Opening Deposit |
Minimum to Earn APY1 |
Dividend Rate & APY1 |
|
3 Year |
$1,000 |
$1,000 |
Based on the Dow Jones |
|
5 Year |
$1,000 |
$1,000 |
Based on the Dow Jones |
|
6 Year |
$1,000 |
$1,000 |
Based on the Dow Lones |
1 APY (Annual Percentage Yield) based on last declared rate. Fees may reduce earnings. The above rates may change after the account is opened.
2 Early withdrawal penalties apply.
3 Certificate may not be redeemed before maturity date, except upon the death of the owner.