Eagle Federal Offers Certificate Accounts —
for the small investor on up
 
This page is provided to give our members a brief summary of services. For complete information about these accounts, please contact our member service department. Also, ask about current rates and terms for our Variable Rate Share and IRA Certificates.

 
 Your savings federally insured to at least $100,000 and backed by
 the full faith and credit of the United States Government. National
 Credit Union Administration, a U.S. Government Agency.

Step Up Certificates* let you take advantage of rising rates by exchanging the rate once during the life of the Certificate without extending the term. We’ve added a step up feature to all new and renewing Share Certificates of $10,000 or more with terms of 2 years or greater.

*Annual Percentage Rate will be changed to the current rate offered on new Certificates for the same term when requested. Not available until maturity/renewal on existing Certificates opened prior to June 1, 2005. Step Up feature available on IRA Certificates with terms of 2 years or greater.  

Share Certificate
Dividend Rates as of May 6, 2008

Minimum Balance
APY*
Dividends Compound**
Term
$75,000.00
3.65%
monthly
36 months
 
3.65%
monthly
24 months
 
 
3.40%
monthly
12 months
 
 
3.15%
monthly
6 months
 
 
2.40%
monthly
3 months
 
$75,000 Variable Rate
1.78%
monthly
24 months
$10,000.00
3.50%
monthly
36 months
 
3.50%
monthly
24 months
 
 
3.25%
monthly
12 months
 
 
3.00%
monthly
6 months
 
 
2.25%
monthly
3 months
 
$10,000 Variable Rate
1.78%
monthly
24 months
$1,000.00
2.75%
monthly
36 months
 
 
2.75%
monthly
24 months
 
 
2.50%
monthly
12 months
 
 
2.25%
monthly
6 months
 
 
1.50%
monthly
3 months
*Annual Percentage Yield.
** Dividends compound if credited to certificate account.
IRA (Individual Retirement Accounts)
APY*
Term
    
3.50%
36 month certificate
    
3.50%
24 month certificate
3.25%
12 month certificate

2.00%
IRA Shares

Savings & IRA Disclosure Information
Nature of Dividends
Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period. Dividend rates are declared periodically and are subject to change.

Average Daily Balance Computation Method
Dividends are calculated by the average daily balance method which applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the balance in the account for each day of the period and dividing that figure by the number of days in the period. The period we use to make this calculation is monthly.

Effect of Closing an Account
If you close your account before dividends are paid, you will not receive the accrued dividends.

Fees and Other conditions may reduce the earnings on Savings, Premium, and Certificate accounts.
 
Certificate and Club Account Penalty
Penalty may be imposed for early withdrawals.

Variable Rates
Rates are adjusted on the 1st of each month. Rates are subject to increase or decrease according to changes in the 91-day T-Bill rate plus .35%.
 
Other terms and limitations may apply to these accounts. You may obtain a current copy of the "Terms and Conditions" brochure by contacting the credit union office.

Need a copy of the "Terms and Conditions" brochure ?  E-mail us a request.