Money Market Account
An IHCU Money Market Account requires a minimum initial deposit of $1,000. It offers a higher interest rate than a regular savings account, but gives you the flexibility you need. Unlike a Share Certificate, you are not locked into a certain time frame. There is no penalty for withdrawals.
An IHCU Money Market Account is a great investment to make. It is not related to stocks and bonds. It is insured by American Share Insurance, which makes an IHCU Money Market Account a good alternative to the stock market.
Current Deposit Rates
Type of Plan | Account Balance Range | Annual Dividend Rate | Annual Percentage Yield (APY) |
Regular Share Savings Account/ Christmas Club Share Savings Account | .04% | .04% | |
Money Market Share Savings Account | $1,000 - $9,999.99 | .30 % | .30% |
$10,000 - $24,999.99 | .34% | .34% | |
$25,000 - $49,999.99 | .40% | .40% | |
$50,000 and over | .50% | .50% | |
IRA Savings Account Effective May 1, 2016 | $100 - and over | .28 % | .28% |
IRA Certificates | |||
12 month certificate | 1.49% | 1.50% | |
18 month certificate | 1.70% | 1.72% | |
24 month certificate | 1.93% | 1.95% | |
30 month certificate | 1.98% | 2.00% | |
36 month certificate | 2.02% | 2.05% | |
48 month certificate | 2.22% | 2.25% | |
60 month certificate | 2.42% | 2.45% | |
Share Certificates | 3 month certificate | .09% | .09% |
6 month certificate | .48% | .48% | |
12 month certificate | 1.49% | 1.50% | |
18 month certificate | 1.70% | 1.72% | |
24 month certificate | 1.93% | 1.95% | |
30 month certificate | 1.98% | 2.00% | |
36 month certificate | 2.02% | 2.05% | |
48 month certificate | 2.22% | 2.25% | |
60 month certificate | 2.42% | 2.45% |