Matadors Community Credit Union Business Services Rates
Dividends are paid and compounded monthly
Rates are subject to change at anytime without notice.
| |
Rate |
APY* |
Minimum Deposit to
Earn Dividends
|
Business Savings |
.50% |
.50% |
$1,000.00 |
Business Checking Plus |
.30% |
.30% |
$3,000.00 |
Business
Savers Plus
Account Balance |
Rate |
APY* |
| $1,000 - $9,999.99 |
1.24% |
1.25% |
| $10,000 - $24,999.99 |
1.49% |
1.50% |
| $25,000 - $49,999.99 |
1.69% |
1.70% |
| $50,000 - $99,999.99 |
1.83% |
1.85% |
| $100,000+ |
2.08% |
2.10% |
Business Share Certificates
Minimum opening balance of $10,000.00 |
Rate |
APY* |
| 6 Month |
2.62% |
2.65% |
| 12 Month |
2.91% |
2.95% |
| Business Visa Credit Card2 |
APR** |
| Credit Limit up to $15,000 |
12.90% |
Each member account is
federally insured up to at least $100,000 by the NCUA, a U.S. Government
Agency.
* APY = Annual Percentage Yield
**APR=Annual Percentage Rate The APY quoted assumes dividends and
principal remain on deposit until maturity APY calculations are
based on $10,000.
(1) Please see disclosure for special features and requirements
Fees may reduce earnings.
(2) Rates may be as high as 18% depending upon credit worthiness.
Preferred rates shown above are based on loan payments paid automatically
through payroll deduction, direct deposit, or automatic transfers
from shares. Based on credit worthiness. Members who do not utilize
an automatic payment program will be subject to a one (1) percentage
point increase over preferred rate.
Certificate accounts may be subject to early withdrawal penalties.
| 
