Higher Savings Interest Because Our Interest Is in You.

Compare our savings rates with other financial institutions and you’ll find ours is higher. Why? Because we only serve our members – you – instead of earning money for owners or stockholders.

Questions about Savings

Hospitality FCU offers a variety of savings and investment options. Each pays a competitive yield for your hard-earned money. Plus, members’ share accounts are insured by the National Credit Union Administration (a division of the federal government) up to a total of $250,000, ensuring that your money will be there for you when you need it.

Share Savings Accounts

The initial account you open when you become a member of Hospitality FCU, your Share Savings Account is designed to meet your basic saving needs. A $25.00 minimum balance is required in this account for each credit union member.

Holiday Club Accounts

Saving for annual holiday season expenses can be easy when you make regular deposits into a Hospitality FCU Holiday Club Account. This account pays out to you on November 1st of each year in preparation for your holiday shopping.

Money Market Accounts

Invest in a Hospitality FCU Money Market Account and enjoy the winning combination of competitive yields and easy account access, including limited check-writing.

Term Share Certificates

For higher yields, invest in a Hospitality FCU Term Share Certificate. Available in a variety of terms ranging from three to sixty months, this secure investment allows you to earn higher dividends without putting your deposit at risk.

Individual Retirement Accounts (IRAs)

The new and improved IRAs offer long-term investors many unique benefits. Hospitality FCU offers all three types of IRAs – Traditional, Roth and Coverdell Education Savings Accounts – both as deposit accounts and in certificate form.

Check Our Current Savings Account Rates
Calculate The Growth Of A Savings/Investment Product

Savings & Investment Accounts

Savings Rates in effect as of 11/29/2012. Subject to change without notice.

APR = Annual Percentage Rate. APY = Annual Percentage Yield.

Term Share Certificates – Compound Daily

Term Minimum Deposit APR APY
3 months $1,000 0.15% 0.15%
6 months $1,000 0.25% 0.25%
12 months $500 0.40% 0.40%
18 months $500 0.40% 0.40%
36 months $500 0.60% 0.60%
60 months $500 1.00% 1.01%

Dividends compounded daily and credited monthly.

Share Savings Account – Compound Quarterly

Average Daily Balance APR APY
$0.00 – $499.99 0.00% 0.00%
$500 – $2,499.99 0.05% 0.05%
$2,500 – $4,999.99 0.05% 0.05%
$5,000 – $9,999.99 0.10% 0.10%
$10,000 – $24,999.99 0.15% 0.15%
$25,000 – OVER 0.20% 0.20%

Dividends compounded and credited quarterly.

 

Holiday Club Account – Compound Annually

Average Daily Balance APR APY
$0.00-$5,200.00 1.00% 1.00%

Dividends paid annually; no compounding. ($5,200.01 – Over, 0.00 APR, 0.00 APY)

 

Vacation Club Account – Compound Annually

Average Daily Balance APR APY
$0. or more 1.25% 1.25%

Dividends paid annually; no compounding.

 

Money Market Account – Compound Monthly

Average Daily Balance APR APY
$0.00 – $999.99 0.00% 0.00%
$1,000 – $4,999.99 0.15% 0.15%
$5,000 – $14,999.99 0.20% 0.20%
$15,000  – $24,999.99 0.25% 0.25%
$25,000 – OVER 0.30% 0.30%

Dividends compounded and credited monthly.

 

Platinum Money Market Account – Compound Monthly

Average Daily Balance APR APY
$10,000 – $24,999.99 0.25% 0.25%
$25,000 – $49,999.99 0.35% 0.35%
$50,000.00 – ABOVE 0.50% 0.50%

Dividends compounded and credited monthly.

 

Individual Retirement Accounts

Type APR APY
IRA Savings Account 0.40% 0.40%
IRA Certificate (18 months) 0.80% 0.80%

Dividends compounded and credited monthly. $500 minimum deposit on IRA Certificates.

Contact an HFCU Member Service Representative at (901) 684-7200 for current dividend rates

and additional information about share accounts.

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