By opening a 7.00% APY* Savings Account you can kick-start your way to overcoming “no-savings-itis” in no time. A little here. A little there. Before you know it, there will be a nice little safety net for those days when you wish it was just raining, instead of pouring buckets of expenses.
Take a look at the impact our 7.00% APY* Savings Account will have on the interest you can earn year over year.
|Balance||APY*||Interest Earned at Jeanne D’Arc Annually||Interest Earned at Local Banks Annually**|
You can open an account for yourself, or start one for your children, grandchildren, stepchildren, nieces, nephews or anyone else who will enjoy watching their money grow year after year.
- 7.00% APY* on balances up to $500
- No monthly fees
- Convenience Services
- Receive ACH credits, including Direct Deposits, up to one (1) business day early
- Your deposits are federally insured to at least $250,000 by the National Credit Union Administration (NCUA). Shares and deposits in excess of $250,000 are insured by the Massachusetts Share Insurance Corporation (MSIC).
|Minimum to Open||Dividends||Minimum Balance|
|$5.00||Compounded and credited monthly||None|
Email us, call us at 978-452-5001 or visit any convenient branch.
APY=Annual Percentage Yield. 7.00% APY will be paid on the balance in your account up to the first $500.00. A dividend rate of 0.15% will be paid on the remaining balance in your account that exceeds $500.00 with a $500.01 balance earning a 7.00% APY and a $1,000.00 balance earning a 3.697% APY, as examples. Requires a $5.00 minimum balance to open the account. Fees could reduce earnings. All new Jeanne D’Arc Credit Union members will have one of their consumer savings accounts (except retirement statement savings) automatically designated as their Primary Savings account to receive these special terms. Additional savings accounts established under the same member name, and related tax identification number, are not eligible for these special terms. The M3™ Savings is available to children Newborn to age 12. APY is effective as of May 27, 2015. All rates are subject to change, after account opening, without notice.
Median statement savings rate of 0.05% APY of local financial institutions as of May 27, 2015, according to SNL Financial.