Deposit Account Rates

Members always earn great rates with Union Square Credit Union’s multiple deposit account options.


Deposit Account Rates

Shares / Regular & IRA Rates

Rates effective as of May 1, 2024

Account Type Dividend Rate APY
Shares 0.10% 0.10%
IRA Shares 0.10% 0.10%

Share Certificates (CDs) Rates

Rates effective as of May 1, 2024

Term Dividend Rate APY
91 Days 2.85% 2.88%
6 Months 4.50% 4.59%
1 Year 4.20% 4.28%
18 Months 3.25% 3.30%
2 Years 4.00% 4.08%
3 Years 3.25% 3.30%
4 Years 3.25% 3.30%
5 Years 3.25% 3.30%

IRA Share Certificate Rates

Rates effective as of May 1, 2024

Term Dividend Rate APY
91 Days 2.85% 2.88%
6 Months 4.50% 4.59%
1 Year 4.20% 4.28%
18 Months 3.25% 3.30%
2 Years 4.00% 4.08%
3 Years 3.25% 3.30%
4 Years 3.25% 3.30%
5 Years 3.25% 3.30%

Money Market Rates

Rates effective as of May 1, 2024

Balance Dividend Rate APY
$2,500.00 - $25,000.00 1.00% 1.01%
$25,000.01 - $100,000.00 1.25% 1.26%
$100,000.01 - $500,000.00 1.50% 1.51%
$500,000.01 and above 1.75% 1.76%

HSA Checking Rates

Rates effective as of May 1, 2024

Account Balance Dividend Rate APY
$0 to $5,000 0.15% 0.15%
Over $5,000 0.15% 0.15%

Annual Percentage Yield (APY) and dividend rates (Annual Percentage Rate/APR) may change at any time as determined by Union Square Credit Union Board of Directors.

Minimum balance requirements to open:

  • Share Account - $25
  • Money Market Account - $2,500
  • Share Certificates (CDs)  - $500 for 1 year share certificate (CD), $1,000 for all other terms. Minimum balance to obtain the advertised rate - $500 for 1 year share certificate (CD), $1,000 for all other terms.

Early withdrawal penalties (a penalty may be imposed for withdrawals before maturity) – Member term accounts will be subject to early withdrawal penalties amounting to 3% of the total withdrawal amount.

In certain circumstances such as death or incompetence of an owner of this account, the law permits, or in some cases requires, the waiver of the early withdrawal penalty. Other exceptions may also apply, for example, if this is part of an IRA or other tax-deferred savings plan.

Withdrawal of dividends prior to maturity - the annual percentage yield is based on an assumption that dividends will remain in the account until maturity. A withdrawal will reduce earnings.