Deposit Rates
Effective September 1, 2018
Savings & Checking Accounts
| Min. Balance to earn dividend | Dividend Rate | APY* | ||
| Regular Share Savings Account ($5.00 min. balance required) | $50.00 and up | 0.10% APY* | 0.10% | |
| IRA Share | $0.00 | 0.35% | 0.35% | |
| Club Accounts (Holiday, Vacation, and Tax) | $0.00 | 0.10% | 0.10% | |
| Dollar Dog Kids Club | $50.00 and up | 0.10% | 0.10% | |
| Cha-Ching Teen Share Savings | $50.00 and up | 0.10% | 0.10% | |
| Share Draft Checking | $0.00 | 0.00% | 0.00% | |
| Cha-Ching Teen Checking | $0.00 | 0.00% | 0.00% | |
| Money Market Accounts | $2,500 – $9,999.99 | 0.20% | 0.20% | |
| $10,000 – $24,999.99 | 0.30% | 0.30% | ||
| $25,000 – $49,999.99 | 0.40% | 0.40% | ||
| $50,000 and up | 0.60% | 0.60% |
Dividends are accrued daily on the daily balance. The rate stated will apply to the entire balance. To be a member and maintain accounts at WGLFCU you must purchase one share in the credit union. The value of one share is $5.00.
*APY - Annual Percentage Yield. All rates subject to change without notice.
Share Certificates
| Term | Dividend Rate | APY* | Promotion | |
| 6 Month Share Certificate – Min. Bal. $1000 | 0.75% APR | 0.75% | ||
| 12 Month Share Certificate – Min. Bal. $1000 | 1.25% APR | 1.26% | ||
| 15 Month Share Certificate – Min. Bal. $1000 *** | 2.45% APR | 2.48% | New Money Only | |
| 24 Months Share Certificate - Min. Bal. $1000 | 1.55% APR | 1.56% | ||
| 36 Month Share Certificate – Min. Bal. $1000 | 1.65% APR | 1.66% | ||
| 48 Month Share Certificate – Min. Bal. $1000 | 1.75% APR | 1.76% | ||
| 60 Month Share Certificate - Min. Bal. $1000 | 2.00% APR | 2.02% |
*APY - Annual Percentage Yield. All rates subject to change without notice.
APR – Annual Percentrage Rate.
***Member Promotion. Minimum Deposit of $1000. Rate is effective September 1, 2018. We reserve the right to end or modify this offer at any time. This rate is for New Money Only. New Money is defined as funds not currently on deposit with WGLFCU. Money already on deposit at WGLFCU is considered existing money and does not qualify for this certificate offer. Penalty imposed if closed before maturity date. Share Certificate only. Not available for IRA funds. All share certificate deposits are federally insured up to $250,000 by the National Credit Union Administration (NCUA).
Early Redemption Penalties: Penalties are imposed for early redemption of certificates. You must provide your request in writing. If the certificate is redeemed within the first six months, all dividends will be forfeited. If after the first six months, but prior to the maturity date, the early withdrawal penalty will equal 50% of what would have been earned if the certificate had been held to maturity, not to exceed total dividends earned.
IRA Share Certificates
| Term | Dividend Rate | APY* | Promotion | |
| 6 Month IRA Share Certificate - Min. Bal. $1000 | 0.75% | 0.75% | ||
| 12 Month IRA Share Certificate - Min. Bal. $1000 | 1.25% | 1.26% | ||
| 24 Month IRA Share Certificate - Min. Bal. $1000 | 1.55% | 1.56% | ||
| 36 Month IRA Share Certificate - Min. Bal. $1000 | 1.65% | 1.66% | ||
| 48 Month IRA Share Certificate - Min. Bal. $1000 | 1.75% | 1.76% | ||
| 60 Month IRA Share Certificate - Min. Bal. $1000 | 2.00% | 2.02% |
*APY - Annual Percentage Yield. All rates subject to change without notice.
Early Redemption Penalties: Penalties are imposed for early redemption of certificates. You must provide your request in writing. If the certificate is redeemed within the first six months, all dividends will be forfeited. If after the first six months, but prior to the maturity date, the early withdrawal penalty will equal 50% of what would have been earned if the certificate had been held to maturity, not to exceed total dividends earned.
Jumbo Share Certificates
| Term | Dividend Rate | APY* | Promotion | |
| 6 Month Jumbo Share Certificate - Min. Bal. $100,000 | 1.00% | 1.00% | ||
| 12 Month Jumbo Share Certificate - Min. Bal. $100,000 | 1.50% | 1.51% | ||
| 24 Month Jumbo Share Certificate - Min. Bal. $100,000 | 1.80% | 1.82% | ||
| 36 Month Jumbo Share Certificate - Min. Bal. $100,000 | 1.90% | 1.92% | ||
| 48 Month Jumbo Share Certificate - Min. Bal. $100,000 | 2.00% | 2.02% | ||
| 60 Month Jumbo Share Certificate - Min. Bal. $100,000 | 2.25% | 2.27% |
*APY - Annual Percentage Yield. All rates subject to change without notice.
Early Redemption Penalties: Penalties are imposed for early redemption of certificates. You must provide your request in writing. If the certificate is redeemed within the first six months, all dividends will be forfeited. If after the first six months, but prior to the maturity date, the early withdrawal penalty will equal 50% of what would have been earned if the certificate had been held to maturity, not to exceed total dividends earned.
***Promotion can end at anytime. Rate effective June 18, 2018. Penalty imposed if closed before maturity date. Share Certificate only. Not available for IRA funds. All share certficate deposits are federal insured up to $250,000 by the NCUA.
Jumbo IRA Share Certificates
| Term | Dividend Rate | APY* | Promotion | |
| 6 Month Jumbo IRA Share Certificate - Min. Bal. $100,000 | 1.00% | 1.00% | ||
| 12 Month Jumbo IRA Share Certificate - Min. Bal. $100,000 | 1.50% | 1.51% | ||
| 24 Month Jumbo IRA Share Certificate - Min. Bal. $100,000 | 1.80% | 1.82% | ||
| 36 Month Jumbo IRA Share Certificate - Min. Bal. $100,000 | 1.90% | 1.92% | ||
| 48 Month Jumbo IRA Share Certificate - Min. Bal. $100,000 | 2.00% | 2.02% | ||
| 60 Month Jumbo IRA Share Certificate - Min. Bal. $100,000 | 2.25% | 2.27% |
*APY - Annual Percentage Yield. All rates subject to change without notice.
Early Redemption Penalties: Penalties are imposed for early redemption of certificates. You must provide your request in writing. If the certificate is redeemed within the first six months, all dividends will be forfeited. If after the first six months, but prior to the maturity date, the early withdrawal penalty will equal 50% of what would have been earned if the certificate had been held to maturity, not to exceed total dividends earned.
