LONG BEACH FIREMENS CREDIT UNION
Projected Dividend Rates for the 4th Quarter, 2014

REGULAR SHARE ACCOUNT - DIVIDEND RATES
ACCOUNT BALANCE RANGES
DIVIDEND RATES*
APY**
0 to $24,999.99
.60%
.60%
$25,000.00 to $49,999.99
.70%
.70%
$50,000.00 to $74,999.99
.80%
.80%
$75,000.00 to $99,999.99
.90%
.90%
$100,000.00 to $250,000.00 + Accumulated Dividend
.95%
.95%
I.R.A. Account
.95%
.95%
Share Draft Account
.40%
.40%
 Secondary (02) and Impound (50) Shares
.60%
.60%

*Dividend rates are established by the Board of Directors and are subject to change, based on current economic conditions and credit union earnings.

Annual Percentage Yield assumes reinvestment of principal and dividends on a quarterly basis for one year at the stated dividend rate.  Saving Account dividends are calculated at the end of each quarter and credited to your account on the 1st day of the next month, utilizing the Average DAILY BALANCE, and a 365-DAY YEAR (366 days in a leap year).  The Credit Union calculates dividends on the average balance in the account each day at the stated dividend rate that corresponds to the applicable share balance range.  

A COMPLETE DISCLOSURE EXPLAINING HOW DIVIDENDS ARE CALCULATED IS AVAILABLE AT THE CREDIT UNION. An account closed prior to the end of a quarter will earn no interest for that quarter. Your savings at the credit union is FEDERALLY INSURED by NCUA to at least $250,000, and backed by the full faith and credit of the United States Government.  IRA's are insured up to $250,000 by the NCUA. 


‡  Disclaimer:  Every effort will be made to keep the figures on this website up to date, but sometimes changes have been made before the website is updated.  Due to the often fluctuating financial market, and the CU's policy of rate changes to reflect earnings, etc., the figures on this website should be used for estimates only.   Please contact the Credit Union prior to making any definite financial decisions.  In the event of a discrepancy between what is written here and the actual figure quoted by the Credit Union, the Credit Union's stated figures shall prevail.


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