STCU Rates

STCU Money Market (S12)$100,000.00 and above$75,000.00 to $99,999.99$50,000.00 to $74,999.99$25,000.00 to $49,999.99$10,000.00 to $24,999.99$2,500.00 to $9,999.99
Dividend Rate/
Annual Percentage Yield		2.85% / 2.89%2.65% / 2.68%2.40% / 2.43%2.15% / 2.17%2.00% / 2.02%1.50% / 1.51%
Dividends Compounded / Creditedmonthly / monthly
Dividend Periodmonthly
Minimum Opening Deposit$2,500
Minimum Required Balance to Earn Stated APY$100,000.00$75,000.00$50,000.00$25,000.00$10,000.00$2,500.00
Minimum Balance To Avoid Service Feenone
Balance MethodDaily Balance
Account LimitationsSee #6 below

Account Service Fees

Applicable to All Accounts
Membership Fee $20.00 (one time)
Student and Youth (under 18) $5.00 (one time)
Current Month Account History $2.00 per history
Copy of Statement $2.00 per statement
Returned Check Fee (deposited item) $15.00 per item
Inactive Account (for members over 18) $15.00 per member (quarterly)
Cashiers Check for Member (not using CATT or STCU's NetTeller®) $2.00 per item
Transfer by Phone, not using CATT $1.00 per item
Telephone Single Authorization Payment (TEL) $15.00 each request
Return Mail Fee $5.00 per month
Garnishment Processing Fee $75.00 per garnishment
Account Research $25 per hour with $5 minimum
Copy of Statement $2.00 per statement
Check Copies (99 items or less) Research fee
Check Copies (100 or more) Research fee + $1.50 per item
Rush Requests (next day, 10 items maximum) Research fee + an additional $25
Overdraft Fees:
Transfer from Other Deposit Account None
Cash Advance Fee (transfer from Visa®) 2.00% of transfer ($5.00 minimum)
NSF Item Paid Fee (created by check, ACH, and CheckCard purchases) $25.00 per item
NSF Item Returned Fee $25.00 per item
.

STCU Money Market Account Fees
Monthly Service Charge None
Stop Payment Fee $25.00 per item
Excess Item Fee $5.00 per item
Check Printing Charges Varies, depending on style

Truth-in-Savings Disclosures

Except as specifically described, the following disclosures apply to all of the accounts named above.

  1. Rate information. The Dividend Rate and Annual Percentage Yield (APY) on your accounts are set forth above. For the STCU Money Market account the Dividend Rate and Annual Percentage Yield may change monthly as determined by the Board of Directors. The STCU Money Market account is a tiered-rate account and must maintain the minimum balances listed above to earn the disclosed Annual Percentage Yields. Once a balance tier has been met, the Dividend Rate and Annual Percentage Yield for that tier will be paid on the entire balance in the account.
  2. Nature of Dividends. Dividends are paid from current income and available earnings after required transfers to reserves at the end of the dividend period. The Dividend Rate and Annual Percentage Yield are the prospective rates and yields that STCU anticipates paying for the applicable dividend period.
  3. Compounding and Crediting. Dividends will be compounded and credited as set forth above. The Dividend Period for each account is set forth above. The Dividend Period begins on the first calendar day of the period and ends on the last calendar day of the period.
  4. Accrual of Dividends. Dividends will begin to accrue on both cash and non-cash deposits (e.g. checks) on the business day you make the deposit to your account. For the STCU Money Market account accrued dividends will be paid if you close your account before accrued dividends are credited.
  5. Balance Information. The minimum balance required to open each account is set forth above. Accounts opened online have a minimum opening deposit requirement of at least $50 per account. For the STCU Money Market account the minimum balance required to obtain the stated Annual Percentage Yield is set forth above. If the minimum balance is not met, you will not earn the stated Annual Percentage Yield. For all dividend-bearing accounts, dividends are calculated by the daily balance method, which applies a daily periodic rate to the principal in the account each day.
  6. Account Limitations. Transaction limitations do apply to the STCU Money Market account as follows: No more than six (6) pre-authorized, automatic, or telephone transfers may be made from these accounts to another account of yours or to a third party in any month, and no more than three (3) of these six (6) transfers may be made by check, draft, or debit card to a third party. If you exceed these limitations, your account may be subject to a fee or be closed.

The rates, fees, and charges shown are effective Tuesday, January 6, 2009.

Spokane Teachers Credit Union may offer other rates for these accounts from time to time. For the most current rates available, please call (509) 326-1954 or toll-free at (800) 858-3750.

Federally insured by NCUA. Federally insured by NCUA

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