|24 Month ||1.14%||1.15%||$100|
*The Dividend Rate and Annual Percentage Yield (APY) are subject to change without notice. Contact the HAPO financial center nearest you for current rate information or special offerings. Fees may reduce earnings. Rates effective 6/1/2023.
Except as described, the following disclosures apply to all of the accounts:
Fixed Rate Certificate accounts, the Dividend Rate and Annual Percentage Yield are fixed and will be in effect for the initial term and reset for any renewal term of the account. For all Certificate accounts, the Annual Percentage Yield is based
on an assumption that interest will remain on deposit until maturity. A withdrawal of dividends will reduce earnings.
Nature of Dividends
The Dividend Rate and Annual Percentage Yield set forth above are the prospective rates that the Credit Union anticipates paying for the applicable dividend period.
Compounding and Crediting
Dividends will be compounded and credited quarterly and at maturity. For all accounts, dividends are calculated by the average daily balance method. Dividends are calculated by applying a periodic rate to the average daily balance in the account for the
dividend period. Adding the full amount of principal in the account for each day of the period and dividing that figure by the number of days in the period determine the average daily balance.
The minimum balance required to open each account is set forth above.
Some certificates allow additional deposits to be made during the term. Please contact the credit union for additional information. The initial rate will remain in effect until
time of maturity. No add-on deposits are allowed for Special Rate CD/IRA Offers.