Savings Account Rates

Rate Information

For Savings accounts, the Dividend Rate and Annual Percentage Yield may change monthly as determined by the Credit Union.

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. 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. For dividend bearing accounts, the Dividend Period begins on the first calendar day of the dividend period and ends on the last calendar day of the dividend period as set forth above.

Accrual of Dividends/Interest

Dividends will begin to accrue on non-cash deposits (e.g. checks) on the business day your deposit is credited to your account. Dividends will be compounded and credited quarterly. If you close your account before accrued dividends are credited, accrued dividends will not be paid.

Balance Information

No minimum balance is required to open a savings account.

Transaction Limitations

For all Savings accounts, transaction limitations will apply. No more than six (6) preauthorized, automatic, internet or telephone transfers may be made from these accounts to another account of yours or to a third party in any calendar month (Reg. D). We have the pleasure of serving anyone who lives, works, or worships in Washington State or is related to a current HAPO member. For more information on joining HAPO visit our membership page.

For additional membership information please contact us.