Checking Accounts
| Account Type | Base Rate 3 | APY 3 |
|---|---|---|
| Free Checking | ||
| $0-$499 | ||
| $500+ | ||
| Health Savings Account 8 (HSA) | ||
| $0-$999 | ||
| $1,000-$2,499 | ||
| $2,500-$4,999 | ||
| $5,000-$9,999 | ||
| $10,000-$24,999 | ||
| $25,000+ |
All rates are subject to change. Rates are subject to change after account opening. Early withdrawal penalties may apply. For all other terms and fees for each account, contact your branch for the applicable disclosure statement(s). Any fees assessed could reduce earnings on this account. Other terms and conditions may apply, see Credit Union for full details.
All certificates may be opened as an IRA investment and almost all can be opened as an HSA. For more information on which IRA option is right for you please consult with your tax advisor.
The minimum balance to open and maintain a share certificate account is $500, except Smart Growth which has a minimum of $100.
APY = Annual Percentage Yield
3- The share account Base Rates and Annual Percentage Yields shown are the prospective rates and yields the Credit Union anticipates for the applicable Dividend Periods. Dividends are calculated by the daily balance method.
8- Dividends will be compounded daily and credited monthly.
Savings Accounts
| Account Type | Base Rate3 | APY 3 |
|---|---|---|
| Money Market Account 3,8 | ||
| 0 - $1,999 | ||
| $2,000 - $9,999 | ||
| $10,000 - $24,999 | ||
| $25,000 - $49,999 | ||
| $50,000 - $249,999 | ||
| $250,000 + | ||
| Additional Savings 9 | ||
| Holiday Savings 10 | ||
| Vacation Savings 10 | ||
| IRA Savings Account |
All rates are subject to change. Rates are subject to change after account opening. Early withdrawal penalties may apply. For all other terms and fees for each account, contact your branch for the applicable disclosure statement(s). Any fees assessed could reduce earnings on this account. Other terms and conditions may apply, see Credit Union for full details.
All certificates may be opened as an IRA investment and almost all can be opened as an HSA. For more information on which IRA option is right for you please consult with your tax advisor.
The minimum balance to open and maintain a share certificate account is $500, except Smart Growth which has a minimum of $100.
APY = Annual Percentage Yield
3- The share account Base Rates and Annual Percentage Yields shown are the prospective rates and yields the Credit Union anticipates for the applicable Dividend Periods. Dividends are calculated by the daily balance method.
8 Dividends will be compounded daily and credited monthly.
9 Dividends will be compounded daily and credited quarterly.
10 Dividends are not compounded.
Health Savings Account
| Account Type | Base Rate* | APY* |
|---|---|---|
| Health Savings Account (HSA) 8 | ||
| $0-$999 | ||
| $1,000-$2,499 | ||
| $2,500-$4,999 | ||
| $5,000-$9,999 | ||
| $10,000-$24,999 | ||
| $25,000+ |
Rates and terms may vary based on a borrower’s credit qualifications. All loan rates are determined by Credit Union management and subject to change at any time. The Credit Union may offer other rates in the future. All services offered by the Credit Union shall be subject to applicable laws of the State of Oregon, federal laws and regulations, Credit Union bylaws and all regulations, rules and practices now or hereafter adopted by the Credit Union. All loans subject to credit approval.
*The share account Base Rates and Annual Percentage Yields shown are the prospective rates and yields the Credit Union anticipates for the applicable Dividend Periods.
8 Dividends will be compounded daily and credited monthly.
Individual Retirement Accounts (IRA) Guide
| Question | Traditional IRA6 | Roth IRA6 | Coverdell ESA |
|---|---|---|---|
| How much can I contribute? | $6,500 for 2023 $7,000 for 2024 | $6,500 for 2023 $7,000 for 2024 | Up to $2,000 per child each year |
| Are contributions deductible? | Yes | No | No |
| When can I withdraw without restrictions?7 | After reaching 59½ years of age | Contributions — anytime Dividends — after 5 tax years & after reaching 59½ years of age | Anytime– as long as it’s a qualified school expense. |
All rates are subject to change. Early withdrawal penalties may apply. For all other terms and fees for each account, contact your branch for the applicable disclosure statement(s). Any fees assessed could reduce earnings on this account. Other terms and conditions may apply, see Credit Union for full details.
All certificates may be opened as an IRA investment and almost all can be opened as an HSA. For more information on which IRA option is right for you please consult with your tax advisor.
The minimum balance to open and maintain a share certificate account is $500, except Smart Growth which has a minimum of $100.
APY = Annual Percentage Yield
6- Limits increase if you are over 50 years of age.
7- This is a limited time offer and available on a first come, first serve basis. This offer is only available to funds new to NW Preferred.