From gifts and parties to decorations and traveling, the holidays run up quite the bill.
What you earn in the account depends on the balance, so the more money you sock away for Christmas, the more it grows.
| Minimum Balance to Earn APY | APY1 Earned |
| $100-$2,499.99 | 0.15% APY |
| $2,500-$24,999.99 | 0.20% APY |
| $25,000-$74,999.99 | 0.40% APY |
| $75,000 and up | 0.50% APY |
You can deposit money into it at any time – including through automatic deposits via scheduled transfers or payroll deductions – but you can only withdraw from it without penalty between Oct. 1 and Dec. 31.
This is the latest entry in our “Did You Know?” blog series intended to help you get the most out of your relationship with Avadian. Look for more “Did You Know?” posts on other topics soon.
1APY=Annual Percentage Yield. APY is accurate as of the last dividend declaration date, June 30, 2019. Requires minimum opening deposit of $5.00. Dividend will be based on your average daily balance at the end of each quarter. The applicable dividend rate and annual percentage yield for the disclosed range will apply to the full balance of your account. Dividends will be deposited into your account at the end of each quarter. Rate may change after account is opened. Fees may reduce earnings.
This credit union is federally insured by the National Credit Union Administration.
Additional insurance of up to $500,000 on your savings accounts is provided by Excess Share Insurance Corporation, a licensed insurance company.
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