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CW Dividend Rates

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CW named Best Overall Credit Union for CDs by Forbes Advisor in 2021

Rates subject to change without notice

RATES AT A GLANCE
Effective Date: Thursday, December 1, 2022
Share TypeAPYAPRMinimum balance to open
CW Checking 0.25% 0.250% $25.00
Daily Savings 0.50% 0.499% $5.00
Monthly Funds 1.00% 0.995% $1.00
Quarterly High Rate 2.00% 1.980% $1.00
IRAs 2.00% 1.980% $2000.00
CW Certificates 4.25% 4.170% $1000.00

 

what type of savings account should i choose?

With a variety of account options available at CW, you may be unsure of which type of account to choose. The simple answer is: the one that works best for YOU!

It's important to know that we provide nationally competitive savings rates on each type of account we offer, and also pay dividends on every dollar you save. Savings accounts at other financial institutions often won't start gaining interest until the account has reached a minimum balance -- sometimes as much as $100,000 or more.

To help you decide on the account that is best for you, here is an overview of each account type:

CW Term Share Certificates
Effective Date: Thursday, December 1, 2022
MonthsAPYAPRMinimum
balance
to open
Dividends paid
at end of each
Withdrawal penalty on amount
6 Months 3.50% 3.446% $1000.00 Month See Below*
12 Months 4.00% 3.929% $1000.00 Month See Below*
Your Choice:
18 - 60 months
4.25% 4.170% $1000.00 Month See Below*
*Early Withdrawal Penalty: Any amount withdrawn prior to the maturity date of this Certificate will be assessed a penalty equal to the amount of the withdrawal times the remaining term (days) of this certificate at the rate of 2 times the current APR (divided by 365) paid on this certificate. The penalty amount will be deducted from the amount withdrawn. Dividends earned will be paid at the end of each month and disbursed as directed by the holder. Funds from Certificates will be deposited into regular shares on the maturity date unless other arrangements are made. Savings federally insured by NCUA to at least $250,000 and backed by the full faith and credit of the United States Government.

Savings
Effective Date: Saturday, October 1, 2022
Average
Daily
Balance
APYAPRMinimum
balance
to open
Min. Balance
to Earn
Dividends
Dividends
earned
each
Dividends
paid at end
of each
No penalty
withdrawal
period
Withdrawal
penalty
on amount
$0 and up 0.50% 0.499% $5.00 $1.00 Day Month Any time None

CW Checking
Effective Date: Saturday, October 1, 2022
Average
Daily
Balance
APYAPRMinimum
balance
to open
Min. Balance
to Earn
Dividends
Dividends
earned
each
Dividends
paid at end
of each
No penalty
withdrawal
period
Withdrawal
penalty
on amount
$0 and up 0.25% 0.250% $25.00 $1.00 Day Month Any time None

Funds - Monthly
Effective Date: Saturday, October 1, 2022
Average
Daily
Balance
APYAPRMinimum
balance
to open
Min. Balance
to Earn
Dividends
Dividends
earned
each
Dividends
paid at end
of each
No penalty
withdrawal
period
Withdrawal
penalty
on amount
$0 and up 1.00% 0.995% $1.00 $1.00 Day Month 1st 5 days
of month
7 days dividends

High Rate - Quarterly
Effective Date: Saturday, October 1, 2022
Average
Daily
Balance
APYAPRMinimum
balance
to open
Min. Balance
to Earn
Dividends
Dividends
earned
each
Dividends
paid at end
of each
No penalty
withdrawal
period
Withdrawal
penalty
on amount
$0 and up 2.00% 1.980% $1.00 $1.00 Day Month 1st 5 days
of each qtr.
30 days dividends

IRA Savings
Effective Date: Saturday, October 1, 2022
Average Daily BalanceAPYAPRMinimum balance to openMin. balance to earn dividendsDividends earned eachDividends paid at end of eachNo penalty withdrawal periodWithdrawal penalty on amount
$0 and up 2.00% 1.980% $2,000.00 $1.00 Day Month Any time None

Fees may reduce the earnings on the account.

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