Rates effective January 3, 2023.
* APY = Annual Percentage Yield. Rates are subject to change. Fees may reduce earnings.
Minimum deposit amount of $500 for Certificate of Deposits. Penalty for early withdrawal of Certificate of Deposits. Novation deposits are federally insured up to $250,000 by the NCUA.
For Incentive Checking: To receive dividends you must meet the following requirements per month: (1) one payroll direct deposit, (2) must be enrolled in eStatements with a valid email address and (3) 12 Novation debit OR credit card purchase transactions that must average at least $5, excluding cash advances, ATM transactions, returned purchases, disputed or unauthorized/fraudulent transactions, or fees caused by check card use. Debit and credit card transactions CANNOT be combined to meet the 12 transactions minimum. Accounts that meet the requirements will receive dividends on balances up to $25,000. Resulting APY if requirements are not met or for balances in excess of $25,000 is 0%. Incentive Checking rates and program subject to change.