Current Savings Rates
NorState Federal Credit Union offers a variety of savings accounts to serve your needs at competitive rates.
To see current rates, please choose an account type below:
All rates effective as of 12/02/2024
- Share/Savings Rates
- Share Draft/Checking Rates
- Club Account Rates
- Money Market/Flex Account Rates
- IRA Account Rates
- Share Certificate Rates
- IRA Certificate Rates
- Wealth Builder Account Rates
Share/Savings Rates
Dividend | |
---|---|
Dividend Rate | 0.05% |
Annual Percentage Yield | 0.05% |
Dividends Compounded | Monthly |
Dividends Credited |
Monthly |
Dividends Period | Monthly |
Balance Requirements | |
Minimum Opening Balance | $25.00 |
Minimum Required Balance |
0 |
Balance Method | Average Daily Balance |
ACCOUNT LIMITATIONS | Account transfer limitations apply |
Share Draft/Checking Rates
Dividend | |
---|---|
Dividend Rate | 0.00% |
Annual Percentage Yield | 0.00% |
Dividends Compounded | Monthly |
Dividends Credited |
Monthly |
Dividends Period | Monthly |
Balance Requirements | |
Minimum Opening Balance | $0.00 |
Minimum Required Balance |
$0.00 |
Balance Method | Average Daily Balance |
ACCOUNT LIMITATIONS | Minimum balance required to obtain the Annual Percentage Yield for the dividend period |
Club Account Rates
Dividend | |
---|---|
Dividend Rate | 0.05% |
Annual Percentage Yield | 0.05% |
Dividends Compounded | Monthly |
Dividends Credited |
Monthly |
Dividends Period | Monthly |
Balance Requirements | |
Minimum Opening Balance | $0.00 |
Minimum Required Balance |
$0.00 |
Balance Method | Average Daily Balance |
ACCOUNT LIMITATIONS | Withdrawal from Christmas Club Accounts will require closure of said account. Christmas Accounts are closed on or after October 1 by transfer account. Account transfer limitations apply. |
Money Market /Flex Account Rates
Dividend | $1,000.00 to $19,999.99 | $20,000 to $74,999.99 | $75,000.00 to $149,999.99 | >$150,000.00 |
---|---|---|---|---|
Dividend Rate | 2.25% | 2.49% |
2.73% |
2.96% |
Annual Percentage Yield | 2.27% | 2.52% | 2.76% | 3.00% |
Dividends Compounded | Monthly | Monthly | Monthly | Monthly |
Dividends Credited |
Monthly | Monthly | Monthly | Monthly |
Dividends Period | Monthly | Monthly | Monthly | Monthly |
Balance Requirements | ||||
Minimum Opening Balance | $1,000.00 | $1,000.00 | $1,000.00 | $1,000.00 |
Minimum Required Balance |
$1,000.00 | $20,000.00 | $75,000.00 | $150,000.00 |
Balance Method | Average Daily Balance | Average Daily Balance | Average Daily Balance | Average Daily Balance |
ACCOUNT LIMITATIONS | Minimum balance required to obtain the Annual Percentage Yield for the dividend period. Withdrawal, deposit, and transfer limitations apply. | Minimum balance required to obtain the Annual Percentage Yield for the dividend period. Withdrawal, deposit, and transfer limitations apply. | Minimum balance required to obtain the Annual Percentage Yield for the dividend period. Withdrawal, deposit, and transfer limitations apply. | Minimum balance required to obtain the Annual Percentage Yield for the dividend period. Withdrawal, deposit, and transfer limitations apply. |
IRA Account Rates
Dividend | |
---|---|
Dividend Rate | 0.40% |
Annual Percentage Yield | 0.40% |
Dividends Compounded | Monthly |
Dividends Credited | Monthly |
Dividends Period | Monthly |
Balance Requirements | |
Minimum Opening Balance | $0.00 |
Minimum Required Balance |
$0.00 |
Balance Method | Average Daily Balance |
ACCOUNT LIMITATIONS | Withdrawals and deposits are subject to Federal Regulations |
Share Certificate Account Rates
Dividend |
6 Mos
|
1 Yr
|
18 Mos
|
24 Mos
|
3 Yrs
|
4 Yrs
|
5 Yrs
|
---|---|---|---|---|---|---|---|
Dividend Rate |
3.35%
|
4.27%
|
4.03%
|
3.93%
|
3.69%
|
3.59%
|
3.59%
|
Annual Percentage Yield |
3.40%
|
4.35% |
4.10%
|
4.00%
|
3.75%
|
3.65%
|
3.65%
|
Dividends Compounded |
Monthly
|
Monthly
|
Monthly
|
Monthly
|
Monthly
|
Monthly
|
Monthly
|
Dividends Credited |
Monthly
|
Monthly
|
Monthly
|
Monthly
|
Monthly
|
Monthly
|
Monthly
|
Dividends Period |
Monthly
|
Monthly
|
Monthly
|
Monthly
|
Monthly
|
Monthly
|
Monthly
|
Balance Requirements | |||||||
Minimum Opening Balance |
$1,000.00
|
$1,000.00
|
$1,000.00
|
$1,000.00
|
$1,000.00
|
$1,000.00
|
$1,000.00
|
Minimum Required Balance |
$1,000.00
|
$1,000.00
|
$1,000.00
|
$1,000.00
|
$1,000.00
|
$1,000.00
|
$1,000.00
|
Balance Method |
Average Daily Balance
|
Average Daily Balance
|
Average Daily Balance
|
Average Daily Balance
|
Average Daily Balance
|
Average Daily Balance
|
Average Daily Balance
|
Transaction Limitations | |||||||
|
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|
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|
IRA Certificate Rates
Dividend |
6 Mos
|
1 Yr
|
18 Mos
|
24 Mos
|
3 Yrs
|
4 Yrs
|
5 Yrs
|
---|---|---|---|---|---|---|---|
Dividend Rate |
3.35%
|
4.27%
|
4.03%
|
3.93%
|
3.69%
|
3.59%
|
3.59%
|
Annual Percentage Yield |
3.40%
|
4.35%
|
4.10%
|
4.00%
|
3.75%
|
3.65%
|
3.65%
|
Dividends Compounded |
Monthly
|
Monthly
|
Monthly
|
Monthly
|
Monthly
|
Monthly
|
Monthly
|
Dividends Credited |
Monthly
|
Monthly
|
Monthly
|
Monthly
|
Monthly
|
Monthly
|
Monthly
|
Dividends Period |
Monthly
|
Monthly
|
Monthly
|
Monthly
|
Monthly
|
Monthly
|
Monthly
|
Balance Requirements | |||||||
Minimum Opening Balance |
$1,000.00
|
$1,000.00
|
$1,000.00
|
$1,000.00
|
$1,000.00
|
$1,000.00
|
$1,000.00
|
Minimum Required Balance |
$1,000.00
|
$1,000.00
|
$1,000.00
|
$1,000.00
|
$1,000.00
|
$1,000.00
|
$1,000.00
|
Balance Method |
Average Daily Balance
|
Average Daily Balance
|
Average Daily Balance
|
Average Daily Balance
|
Average Daily Balance
|
Average Daily Balance
|
Average Daily Balance
|
TRANSACTION LIMITATIONS: | |||||||
|
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|
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Wealth Builder Account Certificate Rates
Minimum Balance |
Rate
|
---|---|
$1.00 to $250.00 |
1-Year Cert. Dividend Rate minus 2.00%
|
$250.01 to $500.00 |
1-Year Cert. Dividend Rate minus 1.50%
|
$500.01 to $750.00 |
1-Year Cert. Dividend Rate minus 1.00%
|
$750.01 to $1,000.00 |
1-Year Cert. Dividend Rate minus 0.50%
|
$1,000.01 and up *Account Limit |
1-Year Cert. Dividend Rate *Minimum rate equal to current Share/Savings Rate |
Dividends Compounded | Monthly |
Dividends Credited | Monthly |
Dividends Period | Monthly |
Balance Requirements | |
Minimum Opening Balance |
$0.00
|
Minimum Required Balance |
$1.00
|
Balance Method |
Average Daily Balance
|
TRANSACTION LIMITATIONS: | |
|
|
|
|
|
All member deposit accounts federally insured by NCUA, National Credit Union Administration, to at least $250,000.