Dividend Rates
Monthly Account Rates
| Account | Account Balance | APY* |
|---|---|---|
| LUV Reward Checking¹ | $0.01 - $25,000 | 4.00% |
| $25,000.01 + | 1.00% | |
| LUV Fund (Money Market) | $50,000+ | 0.60% |
| $10,000 - $49,999.99 | 0.50% | |
| $2,000 - $9,999.99 | 0.40% |
Effective date August 22, 2011. Rates subject to change.
Quarterly Account Rates
| Account | APY* | Compounded |
|---|---|---|
| Regular Savings | 0.40%** | Quarterly |
| Checking | 0.50% | Quarterly |
| Individual Retirement Account (IRA) | 1.00% | Quarterly |
Effective date September 1, 2011. Rates subject to change.
Certificate Rates / IRA Certificate Rates
| Account | Term | APY* |
|---|---|---|
| Mega Jumbo ($75,000+) | 6 months | 0.65% |
| 12 months | 1.00% | |
| 18 months | 1.00% | |
| 24 months | 1.55% | |
| 30 months | 1.55% | |
| 36 months | 2.05% | |
| 48 months | 2.25% | |
| Jumbo ($25,000 - $74,999.99) | 6 months | 0.60% |
| 12 months | 0.95% | |
| 18 months | 0.95% | |
| 24 months | 1.50% | |
| 30 months | 1.50% | |
| 36 months | 2.00% | |
| 48 months | 2.20% | |
| Regular ($1,000 minimum) | 6 months | 0.55% |
| 12 months | 0.85% | |
| 18 months | 0.85% | |
| 24 months | 1.45% | |
| 30 months | 1.45% | |
| 36 months | 1.90% | |
| 48 months | 2.10% |
*Annual Percentage Yield (A.P.Y.) is the percentage rate reflecting the total amount of dividends paid on an account, based on the dividend rate and the frequency of compounding for a 365 day period. "A.P.Y." assumes the funds remain in the account for the period (365 days unless otherwise stated), any minimum balance requirements have been met and that no other transactions occur during the period.
**Dividends are earned on balances more than $100.
¹ Annual Percentage Yield (APY) accurate as of 11/1/09. Rate tiers are as follows: 4.00% Annual Percentage Yield (APY) applies to balances of $0.01 - $25,000, and 1.00% APY applies to balances over $25,000 if qualifications are met during the monthly qualification cycle. If you do not meet the qualifications per cycle, your account will still function as a no fee checking account earning base rate 0.10% APY; however it will not receive ATM refunds for that time period. All balances will earn 4.00% APY - 1.00% APY if monthly qualifications are met. Rates may change after the account is opened. Fees may reduce earnings. No Minimum Balance Required to earn rewards. However, you must deposit a minimum of $30 to open the account. Qualifying transactions must post and clear the account during the monthly qualification cycle. Transactions may take one or more business days from the transaction date to post to an account from the date the transaction is made. Intra-bank transfers do not count as qualifying ACH transactions. **Nationwide (domestic) ATM Fee reimbursements provided only if qualifications are met within the monthly qualification cycle. Available to Personal Accounts only. No monthly service charge.
Effective date January 3, 2012. Rates subject to change.
