Deposit Rates

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Abound Credit Union is a not-for-profit financial institution, and that means we're able to return profits to our members by paying higher rates on our various Savings Accounts, helping you turn dividends into definitive steps toward improved financial wellness.

Savings Account Rates

Effective Date: December 20, 2023
Savings Account Dividend Rate Annual Percentage Yield (APY) Dividends Compounded Minimum Opening Deposit Minimum Balance to Earn APY in this Schedule
$100.00 - $10,000.000.05%0.05%¹Quarterly$5.00$100.00 (Under Age 18, $0.00)
$10,000.01 - $50,000.000.10%0.10%¹Quarterly$5.00$100.00 (Under Age 18, $0.00)
$50,000.01 - $100,000.000.15%0.15%¹Quarterly$5.00$100.00 (Under Age 18, $0.00)
$100,000.01 or over0.15%0.15%¹Quarterly$5.00$100.00 (Under Age 18, $0.00)

Individual Retirement Account Rates

Effective Date: December 20, 2023
Individual Retirement Account Dividend Rate Annual Percentage Yield (APY) Dividends Compounded Minimum Opening Deposit Minimum Balance to Earn APY in this Schedule
$100.00 - $10,000.000.05%0.05%²QuarterlyNone$100.00 (Under Age 18, $0.00)
$10,000.01 - $50,000.000.10%0.10%²QuarterlyNone$100.00 (Under Age 18, $0.00)
$50,000.01 - $100,000.000.15%0.15%²QuarterlyNone$100.00 (Under Age 18, $0.00)
$100,000.01 or over0.15%0.15%²QuarterlyNone$100.00 (Under Age 18, $0.00)

Money Market Account Rates

Effective Date: December 20, 2023
Money Market Account Dividend Rate Annual Percentage Yield (APY) Dividends Compounded Minimum Opening Deposit Minimum Balance to Earn APY in this Schedule
$1,000 - $10,0000.698%0.70%³MonthlyNone$1,000.00
$10,000.01 - $25,000.000.747%0.75%³MonthlyNone$1,000.00
$25,000.01 - $50,000.000.896%0.90%³MonthlyNone$1,000.00
$50,000.01 - $100,000.000.995%1.00%³MonthlyNone$1,000.00
$100,000.01 - $250,000.001.292%1.30%³MonthlyNone$1,000.00
$250,000.01 and up1.292%1.30%³MonthlyNone$1,000.00

Savvy Money Market Account Rates

Effective Date: December 20, 2023
Savvy Money Market Account Dividend Rate Annual Percentage Yield (APY) Dividends Compounded Minimum Opening Deposit Minimum Balance to Earn APY in this Schedule
$250,000 and up1.85%1.85%¹³Monthly$250,000.00$250,000.00

Certificate Rate Specials

Effective Date: January 2, 2024
Certificate Account Specials Annual Percentage Yield (APY) Dividends Compounded Minimum Opening Deposit
8-month Certificate Special5.250%⁴Quarterly$500.00
13-month Certificate Special5.000%⁴Quarterly$500.00

Certificate Rates

Effective Date: February 1, 2024
Certificate Account Annual Percentage Yield (APY) Dividends Compounded Minimum Opening Deposit
3-month Certificate1.00%⁴Quarterly$500.00
6-month Certificate2.50%⁴Quarterly$500.00
12-month Certificate3.00%⁴Quarterly$500.00
18-month Certificate3.50%⁴Quarterly$500.00
24-month Certificate3.50%⁴Quarterly$500.00
36-month Certificate3.25%⁴Quarterly$500.00
48-month Certificate3.25%⁴Quarterly$500.00
59-month Certificate3.25%⁴Quarterly$500.00
59-month Rate Riser (IRA Certificates only) 3.25%⁴Quarterly$500.00

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1Annual Percentage Yield. Rates are variable and may be changed or discontinued at any time. Dividends paid and compounded Quarterly. Business accounts not eligible. Subject to $10 membership fee if not already a member.

2Annual Percentage Yield. Rates are variable and may be changed or discontinued at any time. Fees may reduce earnings. Dividends paid and compounded quarterly on IRAs. If account is closed before accrued dividends are credited, those dividends will be forfeited. IRAs are only available for consumer members. This information is not intended as tax advice. Please consult a tax professional before making decisions regarding your IRA. Subject to $10 membership fee if not already a member.

3Annual Percentage Yield. Accurate as of the last dividend declaration date and may be changed or discontinued at any time after account is opened. 0.00% APY on balances less than $1,000. Fees may reduce earnings on the account. Dividends are paid and compounded monthly. Available to both consumer and business members. Minimum balance to open account is $1,000. Subject to $10 membership fee if not already a member.

4Annual Percentage Yield. Certificates-$500.00 minimum deposit. Available for both consumer and business accounts. Dividends paid and compounded quarterly. Dividend may be paid monthly for account balances $10,000.00 or higher for consumer accounts only. Rates may be changed or discontinued at any time; call your local branch for current rates. Fees and/or withdrawals will reduce earnings. When opening a certificate, the member has agreed to leave the principal of this account on deposit for the full term stated in the account or renewal notice. If all or part of the principal is withdrawn before the maturity date, the Credit Union may charge a penalty. Withdrawal of the principal amount of the certificate may be made only with the consent of the Credit Union. Unless stated otherwise, the owner shall forfeit an amount equal to 90 days dividends, whether earned or not, on certificates with maturities between 3 months and 24 months; 180 days dividends, whether earned or not, on certificates with maturities between 25 and 48 months; 365 days dividends, whether earned or not, on 59 months certificates. The penalty may be calculated at the rate paid on the deposit. The penalty will, if necessary, be taken from the principal amount of the deposit. Our 59-month Rate Riser Certificate is specifically for your Abound Credit Union IRA. Subject to $10 membership fee if not already a member.

13 Annual Percentage Yield. Accurate as of the last dividend declaration date and may be changed or discontinued at any time after account is opened. 0.00% APY on balances less than $250,000. Fees may reduce earnings on the account. Dividends are paid and compounded monthly. Minimum balance to open account is $250,000. Available for both consumer and business accounts.