1st Community Federal Credit Union offers - Savings/Share, Checking, Money Markets, Clubs, IRAs, and Term Share Certificates with great rates and a variety of terms.

The rates contained in this schedule are accurate as of 04-18-2018. For current information call the Credit Union at (325)653-1465 or (800)749-1465. This Rate Schedule sets forth certain conditions, rates, fees and charges applicable to your accounts at 1st Community Federal Credit Union.

This credit union is federally insured by NCUA (National Credit Union Administration). Additional insurance coverage through ESI (Excess Share Insurance Corporation), a private insurance company.

Truth-In-Savings Rate Schedule
Deposit Product Dividend Rate
"APR"
Annual Percentage Yield "APY" Minimum Opening Balance Dividends Compounded Dividends Credited Transaction Limitations
Savings (Share)

0.10%

0.10%

$25 *

Quarterly

Quarterly

ePLUS Checking (meeting requirements)***** .75% .75% -0- Monthly Pays on $0 - $25,000 Monthly Minimum 15 1CFCU debit card transactions post & clear per month & receive eStatements to earn dividends.
1st Checking (for members birth thru 21)

non-dividend bearing account

n/a

-0-

n/a

n/a n/a
Seniors Checking

non-dividend bearing account

n/a

-0-

n/a

n/a n/a
Business Checking

non-dividend bearing account

n/a

-0-

n/a

n/a n/a
Non-Profit Checking

non-dividend bearing account

n/a

-0-

n/a

n/a n/a
Club Accounts****

0.10%

0.10%

-0-

Quarterly

Quarterly

Christmas Club Account

0.10%

0.10%

-0-

Monthly

Monthly

If funds are withdrawn prior to November acct will be closed
Money Market

0.30%

0.30%

$2,500 **

Monthly

Monthly

***
Mega Money Market

0.40%

0.40%

$25,000 **

Monthly

Monthly

***

* You must maintain the disclosed minimum balance in your Account to maintain your membership and utilize other 1CFCU services.
** You must maintain the disclosed minimum balance in your Account each day to avoid a monthly service fee being charged the next month.
*** A fee will be assessed for each withdrawal in excess of six (6) per month.
**** Except Christmas Club.
***** $7.95 monthly maintenance fee unless you have eStatements which reduces your fee by $4.00 and then if you have 15 1CFCU debit card transactions post and clear per month it will be reduced by an additional $3.95 giving you a -0- service charge per month.
APR - Annual Percentage Rate APY - Annual Percentage Yield

Term Share Certificates

Dividends will be compounded and credited monthly on the last day of the month. There will be a forfeiture of 90 days dividends, whether earned or not, upon early redemption. Term Share Certificates renew automatically, except Jumbo and Non-Member Term Share Certificates, unless we are instructed otherwise. There is a 7-day grace period to close the new certificate or make changes without penalty. No withdrawals may be made from a Term Share Certificate without closing the Certificate.

****** You may not make deposits in to the Account, other than dividends earned on compounding TSCs, until the maturity date stated on the certificate.

Deposit Product Dividend Rate
"APR"
Annual Percentage Yield "APY" Minimum Opening Balance Dividends Compounded Dividends Credited Transaction Limitations
6 month
compounding

0.35%

0.35%

$1,000

Monthly

Monthly

******
1 year
compounding

0.55%

0.55%

$1,000

Monthly

Monthly ******
2 year
compounding

0.75%

0.75%

$1,000

Monthly

Monthly ******
3 year
compounding

0.80%

0.80%

$1,000

Monthly

Monthly ******
6 months
non-compounding

0.35%

0.35%

$1,000

n/a

n/a ******
1 year
non-compounding

0.55%

0.55%

$1,000

n/a

n/a

******
2 year
non-compounding

0.75%

0.75%

$1,000

n/a

n/a

******
3 year
non-compounding

0.80%

0.80%

$1,000

n/a

n/a

******

(negotiated rates available for Jumbo Term Share Certificates for all terms listed above - minimum $100,000 opening balance)







Individual Retirement Account (IRA) Term Share Certificates - Traditional / Conduit / SEP (available for 1 year only) / Roth

Dividends will be compounded and credited monthly on the last calendar day of the month. There will be a forfeiture of 90 days dividends, whether earned or not, upon the early withdrawal amount; this penalty is waived at age 59 1/2. IRA Term Share Certificates renew automatically and have a seven (7) day grace period to close the new certificate or make changes without penalty.

Deposit Product Dividend Rate
"APR"
Annual Percentage Yield "APY" Minimum Opening Balance Dividends Compounded Dividends Credited Transaction Limitations
1 year

0.55%

0.55%

$25

Monthly

Monthly

Early withdrawal penalty may apply
2 year

0.75%

0.75%

$25

Monthly

Monthly

Early withdrawal penalty may apply
3 year

0.80%

0.80%

$25

Monthly

Monthly

Early withdrawal penalty may apply
5 year Roth Conversion

1.19%

1.20%

$25

Monthly

Monthly

Early withdrawal penalty may apply
5 year Roth Contributory

1.19%

1.20%

$25

Monthly

Monthly

Early withdrawal penalty may apply

Rate Information- The dividend rate (APR) and APY on your Savings (Share), Club, ePLUS Checking, Money Market and Mega Money Market accounts may change at any time as determined by the Credit Union Board of Directors. The dividend rate and APY disclosed reflect the prospective rate and APY which the Credit Union anticipates will be paid for the current dividend period. The dividend rate and APY on Term Share Certificates and IRA Term Share Certificates are fixed and will be paid until the maturity date on the Certificate. The disclosed dividend rate and APY for Term Share Certificates and IRA Term Share Certificates are those that were offered within the most recent seven calendar days.

Balance Computation Method -Dividends, for all dividend bearing accounts, are calculated by the daily balance method, which applies a daily periodic rate to the end-of-day principal in your account each day.

Accrual of Dividends - Dividends, for all dividend bearing accounts, will begin to accrue on the business day you deposit cash and non-cash items (such as checks) to your account.

Compounding and Crediting - Dividends will be compounded and credited as shown above. The monthly dividend period for ePLUS Checking, Term Share Certificates, IRA Term Share Certificates, Money Market and Mega Money Market, and Christmas Club Accounts begins on the first calendar day of the month and ends on the last calendar day of the month. The quarterly dividend period for Savings (Share), Club accounts (except Christmas Club accounts), and IRA Share accounts begins on the first calendar day and ends on the last calendar day of the quarter (for example, the beginning date of the first dividend period of the calendar year is January 1st, and the ending date of such dividend period is March 31st. All other quarterly dividend periods follow this same pattern of dates.)

Effect of Closing - If you close your Savings (Share), Club, ePLUS Checking, Money Market or Mega Market account before dividends are paid, you will not receive the accrued dividends.

See 1st Community Rates and Fees chart for any additional fees that may apply to the above accounts.