Phone: (865) 558-3117    Toll Free: (800) 782-9257

Current Deposit Rates
Rates Effective As of August 2014

Savings Accounts
Share Account Type Minimum
Opening
Balance
Minimum
Earning
Balance
Dividend
Rate
APY
Regular Share Savings & Sub Savings
($500.00 and above)
$25 $500 0.03% 0.03%
Holiday Club
(up to $2500.00 Maximum Deposit-
Pays out Oct. 15th)
$1 $1 0.25% 0.25%
Church Shares $100 $500 0.07% 0.07%
Emergency Fund Account $5 $200 0.25% 0.25%
Just for Kids- Ages 0-12 $5 $100 0.25% 0.25%
Youth Plus - Ages 13-17 $5 $100 0.25% 0.25%
Vantage Club - Ages 18-28 $5 $100 0.25% 0.25%
Health Savings Accounts
(Minimum balance of $100.00)
$100 $500 0.30% 0.30%
Cumulative IRA Account
(Traditional, Roth, Coverdell ESA)
$25 $500 0.25% 0.25%

Share Draft Accounts-Paid Monthly
Share Account Type Minimum
Opening
Balance
Minimum
Earning
Balance
Dividend
Rate
APY
EZ Green Share Draft (requires Direct Deposit, Estatements, Visa Debit) $50 $500 0.30% 0.30%
Small Business Account $1000 $1000 0.05% 0.05%
Classic Business Account $5000 $5000 0.05% 0.05%

Money Market Terms - Fixed Rate
Money Market Account Minimum
Opening
Balance
Minimum
Earning
Balance
Dividend
Rate
APY
Balances of $2,500 to $9,999.99 $2,500 $2,500 0.03% 0.03%
Balances of $10,000 to $24,999.99 $10,000 $10,000 0.08% 0.08%
Balances of $25,000 to $49,999.99 $25,000 $25,000 0.15% 0.15%
Balances of $50,000 to greater $50,000 $50,000 0.20% 0.20%


*APY= Annual Percentage Yield. Annual Percentage Yield applies when dividend is reinvested in the account. Minimum balance requirements to earn dividends may apply. Maintenance fees could reduce earnings on the above accounts. Rates are subject to change.

NOTICE OF CHANGES IN TEMPORARY NCUA INSURANCECOVERAGE FOR TRANSACTION ACCOUNTS...All funds in a ‘‘noninterest-bearing transaction account’’ are insured in full by the National Credit Union Administration through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to members under the NCUA’s general share insurance rules.

SHARE RATES

 Member Loyalty Rewards: HIGHER RATES-with additional products & services!

  • Earn 05 basis points higher with an HMFCU ShareDraft & direct deposit.
  • Earn 10 basis points higher with an HMFCU ShareDraft & direct deposit & balances over $25,000.00.
  • Earn 15 basis points higher with and HMFCU ShareDraft & direct deposit & balances over $50,000.00. 
Share Rates
Share & IRA Certificate Terms Minimum
Opening
Balance
Minimum
Earning
Balance
Dividend
Rate
APY
Share Certificates
Share Certificate 3 month $1000 $1000 .10% .10%
Share Certificate 6 month $1000 $1000 0.15% 0.15%
Share Certificate G.P.A. Youth Plus & Vantage Club Mem -  6 MONTHS $1000 $1000 n/a n/a
Share Certificate 12 month $1000 $1000 0.30% 0.30%
Share Certificate 24 month $1000 $1000 0.39% 0.40%

Share Certificate 36 months

$1000 $1000 0.49% 0.50%
Share Certificate 48 month $1000 $1000 0.59% 0.60%

Share Certificate 60 months

$1000 $1000 0.98% 0.99%
IRA Certificates
RA Certificate 12 month $2,000 $2,000 0.29% 0.30%
IRA Certificate 24 month $2,000 $2,000 0.39% 0.40%
IRA Certificate 36 month $2,000 $2,000 0.49% 0.50%

*APY will equal GPA (Grade Point Average). Student Member must provide copy of most recent report card.  Must not exceed $1,000 per certificate, can not exceed $5,000 cumulative. QUALIFICATIONS:  Member must have active share draft and Visa Debit card, or a family member with a share draft/direct deposit and Visa Debit to qualify for the GPA rate.

Member loyalty rewards not available with current promotions. This Dividend Rate Schedule discloses rates applicable to all share deposit accounts offered by Holston Methodist Federal Credit Union. Supplied as a supplement to the Truth-in-Savings Disclosure, it reflects updates regarding minimum par values as well as minimum dividend earning balances associated with the deposit account types listed.  For the purpose of this disclosure, the dividend rate and annual percentage stated for the term accounts listed were accurate as of the above date.  Rates are subject to change without notice. A penalty will be imposed for early withdrawals that are made before the maturity date of the share certificate.  Your savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government, National Credit Union Administration, a U.S. government agency. Note: IRAs are insured up to $250,000. 


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