Deposit Rates

Together we can help you reach your goal

Earn more with higher balances. Save money on accounts with no fees. Whatever your goal is, WCCU has a Savings, Money Market, Certificate of Deposit, IRAs and more to help meet your needs.
 

Checking Accounts

Program	Rate	APY*	Minimum Daily Balance to Earn APY
Free Checking	0.00%	0.00%	$0.00
Interest Checking	0.00%	0.00%	$0.00 to $2,499.99
	0.05%	0.05%	$2,500 to $9,999.99
	0.05%	0.05%	$10,000 to $49,999.99
	0.10%	0.10%	$50,000 and above
eChecking**	1.98%	2.00%	$0.00

<sup>*Annual Percentage Yield (APY) is subject to change without notice. Fees may reduce earnings. eChecking & Interest Checking require $10 min. to open.

**eChecking rate shown is for balances $0 - $19,999.99, balances of $20,000 or greater will earn .50% APY. To receive the higher rates, members must meet the following requirements: use their debit card a minimum of 10 times per month as a PIN or signature-based transaction, sign up and activate eStatements, and complete 1 or more direct deposit or ACH transfers per month totaling a minimum of $500. If account does not meet the criteria, the monthly rate will be .10% APY.</sup>

Savings Accounts

Program	Rate	APY*	Minimum Daily Balance to earn APY
Share Account	0.05%	0.05%	$5.00 to $4,999.99
	0.05%	0.05%	$5,000.00 to $49,999.99
	0.05%	0.05%	$50,000.00 and above

^{*Annual Percentage Yield (APY) is subject to change without notice. Fees may reduce earnings. Includes WCCU Money Mammals Kids Club and Youth Share Savings Account. $5 min. to open.}

IRA Savings Account

Program	Rate	APY*	Minimum Daily Balance to earn APY
IRA Savings Account	0.10%	0.10%	$25 to $4,999.99
	0.10%	0.10%	$5,000.00 to $9,999.99
	0.25%	0.25%	$10,000.00 and above

^{*Annual Percentage Yield (APY) is subject to change without notice. Fees may reduce earnings. $25 Minimum balance to open. Consult your tax advisor to make sure you qualify for tax deductibility of IRA contributions.}

Reward Savings Account

Program	Rate	APY*	Minimum Daily Balance to earn APY
Rewards Savings Account	0.10%	0.10%	$5.00 to $9,999.99
	0.10%	0.10%	$10,000.00 to $49,999.99
	0.10%	0.10%	$50,000.00 to $99,999.99
	0.10%	0.10%	$100,000.00 to $199,999.99
	0.15%	0.15%	$200,000.00 and above

^{*Annual Percentage Yield (APY) is subject to change without notice. Fees may reduce earnings. No monthly service charges. Rate based on total balances under Primary Owner’s number- savings and loans (excluding 1st Mortgages). Interest is compounded & posted monthly based on total balances shown on last business day of the month. $5 min. to open.}

#Goals Savings Account

Program	Rate	APY*	Minimum Daily Balance to earn APY
#Goals Savings Account	2.48%	2.50%	$0.00

^{*Annual Percentage Yield (APY) is subject to change without notice. Fees may reduce earnings. Rates are fixed for 12 months. After 12 months all accrued savings plus earnings will be transferred into your WCCU Savings (other than #Goals Savings) or Checking Account. Only 1 #Goals Savings Account per membership. At account opening automatic transfers will be scheduled from your WCCU Checking Account, $5 min. per month, $500 max. per month. Amount and date of transfer can be changed at any time. Auto transfers are the only deposits that can be made into this account. Closing the account early will result in the loss of 90 days of interest. Interest is compounded monthly and credited to your account monthly.}

Interest Money Market Account

Program	Rate	APY*	Minimum Daily Balance to earn APY
Interest Money Market Account	0.10%	0.10%	$0.00 to $2,499.99
	0.10%	0.10%	$2,500.00 to $4,999.99
	0.10%	0.10%	$5,000.00 to $24,999.99
	0.10%	0.10%	$25,000.00 to $74,999.99
	0.15%	0.15%	$75,000.00 and above

^{*Annual Percentage Yield (APY) is subject to change without notice. Fees may reduce earnings. Minimum to open is $2,500. No monthly service charge if minimum balance of $10,000 is maintained, otherwise there is a $25.00 monthly fee.}

Certificates of Deposit

Term	Rate	APY*	Minimum Daily Balance to earn APY
3 Months	0.10%	0.10%	$500.00
6 Months	0.15%	0.15%	$500.00
12 Months	0.20%	0.20%	$500.00
18 Months	0.25%	0.25%	$500.00
24 Months	0.35%	0.35%	$500.00
36 Months	0.50%	0.50%	$500.00
48 Months	1.00%	1.00%	$500.00
60 Months	0.70%	0.70%	$500.00

^{*Annual Percentage Yield (APY) is subject to change without notice. A penalty will or may be imposed for early withdrawal. $500 minimum balance to open.}

IRAs

Term	Rate	APY*	Minimum Daily Balance to earn APY
3 Months	0.10%	0.10%	$500.00
6 Months	0.15%	0.15%	$500.00
12 Months	0.20%	0.20%	$500.00
18 Months	0.25%	0.25%	$500.00
24 Months	0.35%	0.35%	$500.00
36 Months	0.50%	0.50%	$500.00
48 Months	1.00%	1.00%	$500.00
60 Months	0.70%	0.70%	$500.00

^{*Annual Percentage Yield (APY) is subject to change without notice. A penalty will or may be imposed for early withdrawal. $500 minimum balance to open.}

Premier 3 Month CD Special

Term	Rate	APY*	Minimum Daily Balance to earn APY
3 Months	0.20%	0.20%	$500 to $24,999.99
	0.20%	0.20%	$25,000 to $49,999.99
	0.45%	0.45%	$50,000 and above

^{*Annual Percentage Yield (APY) is subject to change without notice. Other rates and terms available. $500 minimum deposit and balance is required for the 3 month tiered CD. A penalty will be imposed for early withdrawal. Members Advantage does not apply. Requires a WCCU Checking Account at opening and direct deposit within 60 days of opening to receive the premier rate, if account does not meet those criteria, the traditional CD rate as listed on the website at the time of default will be applied for the duration of the term. Other rates and terms available. One penalty free withdrawal allowed during CD term, unless the withdrawal occurs within 6 days of initial deposit or within 6 days of a previous withdrawal.}

15 Month CD/IRA Special

Term	Rate	APY	Minimum Daily Balance to earn APY
15 Months	0.50%	0.50%	$500 to $24,999.99
	0.50%	0.50%	$25,000 to $49,999.99
	0.50%	0.50%	$50,000 and above

^{*Annual Percentage Yield (APY) is subject to change without notice. Other rates and terms available. Minimum deposit $500 for the 15 month tiered CD/IRA. A penalty will be imposed for early withdrawal. Members Advantage does not apply.}

Westerly Community Credit Union is a full-service credit union with Rhode Island branches in Westerly, Richmond and Wakefield.