This rate and fee schedule for all accounts sets forth certain conditions, rates, fees, and charges applicable to your accounts at Central Credit Union Of Illinois as of
9/1/10. Please press 'Reload' for the most current rates...
These are the prospective dividend rates on your accounts and the anticipated annual percentage yields (APY) for the current dividend period. The dividend rates and annual percentage yields may change every quarter (for My Club Jan/July, My Club May and My Club July they may change monthly) as determined by the Credit Union Board of Directors.
| Account Type |
Rate |
APY |
| Share Savings Account |
0.25% |
0.25% |
| You must maintain a $25 minimum daily balance to keep this account open and to earn the stated APY. You must maintain a $200 minimum daily balance in your account to avoid a service fee unless you are under 18, over 65 or if you maintain a credit union certificate, money market account, $200 or more in a credit union IRA or if you have a loan account with the credit union. Dividends on this account are compounded and paid quarterly. |
| Account Type |
Rate |
APY |
| My Club Holiday / My Club October |
0.25% |
0.25% |
| Dividends on this account are compounded and paid monthly. If funds are withdrawn at any time other than the disbursement date, a $10 fee will be charged for each withdrawal. |
| My Club January / July |
0.25% |
0.25% |
| Dividends on this account are compounded and paid monthly. In January and July, earned dividends for the first of the month through the last business day of the month will be paid prior to the balance disbursement. During those months, dividends will also be paid on the last day of the month for dividends earned between the disbursement date and the last day of the month. If funds are withdrawn at any time other than the disbursement date, a $10 fee will be charged for each withdrawal. |
| My Club May |
0.25% |
0.25% |
| Dividends on this account are compounded and paid monthly. In May, earned dividends for the first of the month through the last business day of the month will be paid prior to the balance disbursement. During that month, dividends will also be paid on the last day of the month for dividends earned between the disbursement date and the last day of the month. If funds are withdrawn at any time other than the disbursement date, a $10 fee will be charged for each withdrawal. |
| My Club July |
0.25% |
0.25% |
| Dividends on this account are compounded and paid monthly. In July, earned dividends for the first of the month through the last business day of the month will be paid prior to the balance disbursement. During that month, dividends will also be paid on the last day of the month for dividends earned between the disbursement date and the last day of the month. If funds are withdrawn at any time other than the disbursement date, a $10 fee will be charged for each withdrawal. |
These are the prospective dividend rates on your accounts and the anticipated annual percentage yields (APY) for the current dividend period. The dividend rate and annual percentage yields may change every month as determined by the Credit Union Board of Directors.
| Account Type |
Rate |
APY |
| Checking Plus Account |
0.25% |
0.25% |
| Dividends on this account will be compounded daily and credited monthly. You must maintain a $1,000 minimum daily balance to earn the stated APY. |
These are the prospective dividend rates on your accounts and the anticipated annual percentage yields (APY) for the current dividend period. The dividend rate and annual percentage yields may change every month as determined by the Credit Union Board of Directors.
| Account Type |
Rate |
APY |
| Money Market Account |
0.30% |
0.30% |
| You must maintain a $1,000 minimum daily balance to earn the stated APY. Dividends on this account are compounded daily and credited monthly. |
| Market Rate IRA |
0.30% |
0.30% |
| Dividends on this account are compounded daily and credited monthly. Withdrawals from this account are governed by Internal Revenue Service (IRS) regulations. Market Rate IRAs may be opened as traditional, Roth or Coverdell Education Savings Accounts. |
| Smart-Saver Money Market |
0.50% |
0.50% |
| You must maintain a $10,000 minimum daily balance to earn the stated APY. Dividends on these accounts are compounded daily and credited monthly. |
| Smart-Saver Money Market IRA |
0.50% |
0.50% |
| You must maintain a $10,000 minimum daily balance to earn the stated APY. Dividends on these accounts are compounded daily and credited monthly. Withdrawals from the Smart-Saver Money Market IRA are governed by Internal Revenue Service (IRS) regulations. Smart-Saver Money Market IRAs may be opened as traditional or Roth IRAs. |
| Investor's Choice Account |
0.70% |
0.70% |
| You must maintain a $25,000 minimum daily balance to earn the stated APY. Dividends on these accounts are compounded daily and credited monthly. |
| Investor's Choice IRA Account |
0.70% |
0.70% |
| You must maintain a $25,000 minimum daily balance to earn the stated APY. Dividends on these accounts are compounded daily and credited monthly. Withdrawals from the Investor's Choice IRA Account are governed by Internal Revenue Service (IRS) regulations. Investor's Choice IRA Accounts may be opened as traditional or Roth IRAs. |
These are dividend rates and annual percentage yields. (For purposes of this disclosure, these rates and APYs are offered through
9/7/10. Please call (708) 649-6450 to obtain current rate information.) You will be paid these rates for the terms specified below.
| Account Type |
Rate |
APY |
| 6 Month Certificate/IRA Certificate |
0.47% |
0.47% |
| 12 Month Certificate/IRA Certificate |
0.75% |
0.75% |
| 30 Month Certificate/IRA Certificate |
1.15% |
1.16% |
| 60 Month Certificate/IRA Certificate |
2.13% |
2.15% |
| You must maintain a $10,000 minimum daily balance to earn the stated APY. Dividends on these accounts are compounded daily and credited monthly. Withdrawals from the Smart-Saver Money Market IRA are governed by Internal Revenue Service (IRS) regulations. Smart-Saver Money Market IRAs may be opened as traditional or Roth IRAs. |
| Minimum Balance Fees |
| Share (Savings) Account |
Monthly charge for not maintaing $200 |
$5* |
| Basic Checking Account |
Monthly charge for not maintaing $200 |
$5* |
| Checking Plus Account |
Monthly charge for not maintaing $1,000 |
$7* |
| Regular Money Market Account |
Monthly charge for not maintaing $1,000 |
$5* |
| *Members who maintain a minimum balance of $5,000 or more in combined Credit Union accounts (must be in the same member number) are exempt from these fees. |
| Share (Savings) Account Fees |
| Excess withdrawal fee - (for each withdrawal over 5 per quarter) |
$5 |
| Non-CALL 24 check withdrawal fee for phone withdrawals less than $250 |
$10 |
| My Club Account Fee |
| Withdrawal fee |
$10 |
| Checking Account Fees |
| Returned Check fee (NSF or uncollected funds) |
$25 |
| Electronic funds transfer return fee (NSF or uncollected funds) |
$25 |
| Paid overdraft fee) |
$25 |
| Check handling fee |
$5 |
| Copy of check |
$2 |
| Temporary checks (5) |
$1* |
| Stop payment |
$25* |
| Stop payment (2 or more) |
$35* |
| *Members who maintain a minimum balance of $5,000 or more in combined Credit Union accounts (must be in the same member number) are exempt from these fees. |
| Cash Card Fees |
| Excess withdrawal fee - (for each withdrawal over 5 per quarter) |
$1 |
| Monthly service charge (Waived with Checking Plus and Direct Checking) |
$1 |
| Replacement card |
$10 |
| Collection Item Fees |
| Incoming |
$10 |
| Outgoing |
Actual Cost |
| Miscellaneous Fees |
| Early exit fee - (closing account within six months of opening) |
$20 |
| Check processing fee on closed accounts |
$20 |
| Levies, liens, judgments, subpoenas and other legal documents |
$25 |
| NSF Deposit |
$25 |
| Wire transfer |
$15 |
| Internation wire transfer |
$40 |
| Western Union fe |
$20 |
| Research fee (per hour) |
$20 |
| Account reconciliation (per hour) |
$20 |
| Copy of statement |
$3* |
| Printout of account history |
$3* |
| Cashier's check |
$5* |
| Money order |
$1* |
| Teller check to
non-member |
$3 |
| *Members who maintain a minimum balance of $5,000 or more in combined Credit Union accounts (must be in the same member number) are exempt from these fees. |
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