Checking and Savings Rates

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Rates effective November 1, 2020.

Account Type	Minimum Balance	Dividend Rate	APY
Dividend Checking¹	$500	0.01%	0.01%
Regular Savings²	$5	0.01%	0.01%
Special Purpose Club²	–	0.01%	0.01%
Premium Summer Pay Tier One^1,3	–	0.50%	0.50%
Premium Summer Pay Tier Two^1,3	$20,000	0.01%	0.01%

APY=Annual Percentage Yield.

¹Dividends are compounded and credited monthly.
²Dividends are compounded and credited quarterly.
³The Premium Summer Pay account is only available for Direct Deposits received from qualifying school systems and community colleges. The Tier One Annual Percentage Yield (APY) of 0.50% applies to average daily balances up to $20,000. The Tier Two APY of 0.01% applies to average daily balances above $20,000. Rates are subject to change without notice. Fees could reduce
earnings. Automatic distributions can be made to an Educational Systems FCU savings or checking account, or to another financial institution in four equal proportions on the first and third Friday of July and August. Withdrawals are restricted to summer disbursals in July and August. A $25 fee will be assessed for each early withdrawal made outside of this time period.

Money Markets and IRAs

Rates effective November 1, 2020.

Account Type	Minimum Balance	Dividend Rate	APY
Money Market - Tier One	$2,500	0.03%	0.03%
Money Market - Tier Two	$20,000	0.05%	0.05%
Money Market - Tier Three	$100,000	0.05%	0.05%
IRA Money Market - Tier One	$2,500	0.03%	0.03%
IRA Money Market - Tier Two	$20,000	0.05%	0.05%
IRA Money Market - Tier Three	$100,000	0.05%	0.05%
IRA Account	$5	0.01%	0.01%

APY=Annual Percentage Yield. Dividends are compounded and credited monthly. Fees may reduce the earnings of these accounts.

Certificates and IRAs

Rates effective November 1, 2020.

Term	Minimum Balance	Dividend Rate	APY	Star Member Dividend Rate	Star Member APY
60 months	$500	0.70%	0.70%	0.75%	0.75%
48 months	$500	0.65%	0.65%	0.70%	0.70%
36 months	$500	0.60%	0.60%	0.65%	0.65%
24 months	$500	0.50%	0.50%	0.55%	0.55%
12 months	$500	0.40%	0.40%	0.45%	0.45%
6 months	$500	0.15%	0.15%	0.20%	0.20%
3 months	$500	0.10%	0.10%	0.15%	0.15%

APY=Annual Percentage Yield. Dividends are compounded and credited quarterly. A penalty may be charged for Certificate early withdrawal.

Star Members: Star Members are eligible to receive a 0.05% APY higher than Regular and IRA Certificates of the same type and term. To receive the adjusted APY, the member needs to speak to an Educational Systems FCU employee. A Star Member is a member who has a total of $25,000 in combined deposits and/or loans at the beginning of the month.

Jumbo Certificates

Rates effective November 1, 2020.

Term	Minimum Balance	Dividend Rate	APY	Star Member Dividend Rate	Star Member APY
60 months	$100,000	0.70%	0.70%	0.75%	0.75%
48 months	$100,000	0.65%	0.65%	0.70%	0.70%
36 months	$100,000	0.60%	0.60%	0.65%	0.65%
24 months	$100,000	0.50%	0.50%	0.55%	0.55%
12 months	$100,000	0.40%	0.40%	0.45%	0.45%
6 months	$100,000	0.15%	0.15%	0.20%	0.20%
3 months	$100,000	0.10%	0.10%	0.15%	0.15%

APY=Annual Percentage Yield. Dividends are compounded and credited quarterly. A penalty may be charged for Certificate early withdrawal.

Jumbo Certificate: A Jumbo Certificate can be opened with a minimum balance of $100,000. APYs, terms and disclosures also apply to IRA Certificates and individual retirement accounts.

Star Members: Star Members are eligible to receive a 0.05% APY higher than Regular and IRA Certificates of the same type and term. To receive the adjusted APY, the member needs to speak to an Educational Systems FCU employee. A Star Member is a member who has a total of $25,000 in combined deposits and/or loans at the beginning of the month.

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