Deposit Rates

Effective November 28, 2014

Loan Rates |  Fees |  Print Deposit Rates

County Schools Federal Credit Union's deposit rates are generally lower compared to bank rates.  The reason behind the lower rates is we are a not-for-profit financial cooperative, democratically operated by members, allowing account holders an equal say in how the credit union operates, plus no stockholders which means no outside interests demanding higher profits.

Checking Accounts
Account (APR paid monthly)APR*APY**
Simply Free Checking Account ---- ----
 Money Market Account (minimum balance of $3,500) .10% .10%
 Money Market Account (minimum balance of $10,000) .10% .10%
 Money Market Account (minimum balance of $25,000) .10% .10%
 Money Market Account (minimum balance of $50,000) .10% .10%
 Money Market Account (minimum balance of $100,000) .10% .10%
Savings Accounts
Account (APR paid monthly)APR*APY**
Share Savings Accounts (dividends paid on balance greater than $150) .05% .05%
 Jr. Saver Account .05% .05%
 Christmas Club Savings .10% .10%
 Summer Saver Account .10% .10%
Share Certificates
Certificate (APR paid monthly)APR*APY**
6 Month (minimum balance of $2,500) .15% .15%
12 Month (minimum balance of $2,500) .20% .20%
24 Month (minimum balance of $2,500) .30% .30%
6 Month (minimum balance of $50,000) .15% .15%
12 Month (minimum balance of $50,000) .20% .20%
24 Month (minimum balance of $50,000) .30% .30%
36 Month (minimum balance of $50,000)  .50%  .50%
48 Month (minimum balance of $50,000)  .60%  .60%
60 Month (minimum balance of $50,000)  .65%  .65%
IRA Certificates
Certificate (APR paid Monthly)APR*APY**
 12 Month Term (0-$24,999 Balance) .25% .25%
12 Month Term ($25,000) .30% .30%
Individual Retirement Accounts (IRA’s)
Account (APR paid Monthly)APR*APY**
 0-$24,999 balance .10% .10%
 $25,000 balance .15% .15%
$50,000 .20% .20%
$75,000 .25% .25%
 $100,000 + .30% .30%

*APR=Annual Percentage Rate

**APY=Annual Percentage Yield

  • Fees may reduce earnings on applicable accounts.
  • Please note that the rate for all variable deposit accounts is accurate as of the effective date listed above and that the rate on variable deposit accounts may change from time to time.
  • $3,500 minimum balance required to earn interest on Money Market Account, if the balance falls below $3,500 an $8.00 per month fee will apply.    
  • $25 minimum opening balance for Share Savings Accounts for single owner and $50 minimum opening balance for joint owners.
  • $15 minimum opening balance for Student Savings Account and $5 minimum opening balance for Jr. Savers Account.
  • Share Certificates are subject to a fee if withdrawn prior to term.
  • IRA’s accounts are subject to a $20 annual fee.
  • Dividends can be forfeited if account is closed before accrued dividends are credited.
  • Please be advised rates are subject to change without notice.