Classic Savings Account
This account has everything you need to start or continue your savings for any purpose. This is your credit union membership.
Dividend / Interest Earning
NCUA Insured up to $250,000
Unlimited deposits & withdrawals
Classic Savings Rates
| APY* | Interest Rate |
|---|---|
| 0.05% | 0.05% |
Rates effective as of January 6th, 2022
Money Market
An Insured Money Market Account that is competitive with other savings products in the marketplace. This account’s deposit rates can increase as you add more money to it.
A Money Market is a savings account that offers a higher interest rate than a traditional savings account. You can use the Money Market to grow your savings and reach your financial goals. If you are looking for a long term account with high yield, this is the account for you.
Money Market Rates
| Balance | APY* | Rate |
|---|---|---|
| $0–$2,500 | 0.05% | 0.05% |
| $2,500–$20,000 | 0.10% | 0.10% |
| $20,000–$75,000 | 0.15% | 0.15% |
| $75,000+ | 0.20% | 0.20% |
Rates effective as of January 6th, 2022
Velocity Money Market
Our new Velocity Money Market account offers tiered interest rates with unbeatable returns. Each tier earns its own interest rate so the more money you save, the more money you can earn!
TIER 1:
Your first $50,000 earns 0.20% APY*TIER 2:
Your next $25,000 earns 0.50% APY*TIER 3:
Your next $25,000 earns 1.00% APY*TIER 4:
Your next $50,000 earns 1.51% APY*TIER 5:
Everything over $150,000 earns 2.02% APY*
Velocity Money Market Rates*
| Average Daily Balance Tiers | APY* |
|---|---|
| First $50,000 ($0-$50,000) | 0.20% |
| Next $25,000 ($50,000-$75,000) | 0.50% |
| Next $25,000 ($75,000-$100,000) | 1.00% |
| Next $50,000 ($100,000-$150,000) | 1.51% |
| Everything over $150,000 | 2.02% |
Rates effective as of 10/1/2022
Here’s an example of how much you could earn with a total balance of $185,000:
| Tiered Balance | APY* | Annual Interest | ||
|---|---|---|---|---|
| $50,000 | @ | 0.20% | = | $100 |
| $25,000 | @ | 0.50% | = | $125 |
| $25,000 | @ | 1.00% | = | $250 |
| $50,000 | @ | 1.51% | = | $755 |
| $35,000 | @ | 2.02% | = | $707 |
| Total Earned $1,937 |
*Tier 1- Your daily balance in tier 1 ($0.00 up to $49,999.99) will earn an interest rate of 0.20% and an APY of 0.20%. Tier 2- Your daily balance in tier 2 ($50,000.00 up to $74,999.99) will earn an interest rate of 0.50% with a 0.50% APY. Tier 3- Your daily balance in tier 3 ($75,000.00 up to $99,999.99) will earn an interest rate of 1.00% with a 1.00% APY. Tier 4- Your daily balance in tier 4 ($100,000.00 up to $149,999.99) will earn an interest rate of 1.50% with a 1.51% APY. Tier 5- Your daily balance in tier 5 ($150,000.00 or more) will earn an interest rate of 2.00% with a 2.02% APY. Your interest rate and annual percentage yield are subject to change. At our discretion, we may change the interest rate on your account. All applicants must meet East Idaho Credit Union account opening requirements. Some restrictions may apply.
Individual Retirement Account (IRA)
Invest in a secure future for you and your family with an Individual Retirement Account (IRA). It is never too early to start saving for retirement, and we provide you with the tools to do so.
Individual Retirement Accounts (IRAs) are savings accounts that offer tax advantages to help you save for retirement. IRAs are a great way to supplement your other retirement savings, such as a 401(k) or pension.
IRA Rates
| APY* | Interest Rate |
|---|---|
| 0.05% | 0.05% |
Rates effective as of January 6th, 2022
Certificates of Deposit (CDs)
A Certificate of Deposit (CD) is a product offered by East Idaho Credit Union that provides an interest rate premium in exchange for the member agreeing to leave a lump-sum deposit untouched for a predetermined period of time.
For a limited time, take advantage of the following special rates when you open a new CD in branch:
| Term | Rate | APY* |
|---|---|---|
| 13 Months Bump-up/Add-on CD |
4.96% | 5.05% |
| 17 Months | 4.47% | 4.55% |
| 26 Months | 3.99% | 4.05% |
| 33 Months | 2.77% | 2.80% |
| 45 Months | 2.77% | 2.80% |
A Bump-up CD entitles the bearer to take advantage of rising interest rates with a one-time option to “bump up” the interest rate paid.
An Add-on CD allows the bearer to make up to 2 additional deposits into a CD account during the maturity term.
*APY = Annual Percentage Yield. Effective as of 2/15/2023. East Idaho Credit Union reserves the right to end, alter, or otherwise adjust this promotional offer at any time and at their discretion. View Rate & Fee Schedule.
Special CD Rates
For a limited time, take advantage of the following special rates when you open a new CD in branch:
| Term | Rate | APY* |
|---|---|---|
| 13 Months Bump-up/Add-on CD* |
4.96% | 5.05% |
| 17 Months | 4.47% | 4.55% |
| 26 Months | 3.99% | 4.05% |
| 33 Months | 2.77% | 2.80% |
| 45 Months | 2.77% | 2.80% |
A Bump-up CD entitles the bearer to take advantage of rising interest rates with a one-time option to “bump up” the interest rate paid.
An Add-on CD allows the bearer to make up to 2 additional deposits into a CD account during the maturity term.
Bump-up option is only available at the request of the member if the rate exceeds their current certificate interest rate, up to .50 basis points, and will only effect rate of dividends that have not been paid out. Members may only add additional funds up to 2 times.
Standard CD Rates
| Term | Rate | APY* |
|---|---|---|
| 6 Months | 1.00% | 1.00% |
| 1 Year | 1.25% | 1.26% |
| 2 Years | 1.75% | 1.76% |
| 3 Years | 2.25% | 2.27% |
| 4 Years | 2.10% | 2.12% |
| 5 Years | 2.00% | 2.02% |
*APY = Annual Percentage Yield. Effective as of 2/15/2023. East Idaho Credit Union reserves the right to end, alter, or otherwise adjust this promotional offer at any time and at its discretion. View Rate & Fee Schedule.
Pickle Jar Savings
Our free Pickle Jar Savings Account attaches directly to your debit card and rounds up each transaction to the nearest dollar.
The difference will automatically be added to your Pickle Jar each day and you’ll be adding up savings without even trying! It’s an easy way to save money without any manual work.
Pickle Jar Rates
| APY* | Interest Rate |
|---|---|
| 0.10% | 0.10% |
Rates effective as of January 6th, 2022
Youth & Teen Accounts
East Idaho Credit Union doesn’t discriminate on age. Don’t forget about the youth, we certainly didn’t! Because our young members are so important we encourage them to start saving money early. Help your children learn about the value of money and how they can start to manage it correctly.
Go ahead and start to learn what it means to control your own finances, we will be with you every step of the way with training and support.
