Deposit Rates

Reach Your Savings Goals

Whether you're trying to save for a big screen television, a new car, or for a down payment on a new home, time, money and rate of return will all determine when you'll meet your savings goal.  Let us help you get there. Use our calculators to find out how you can reach your goals faster!
 

Bank Calculators

Get the Rate You Deserve

Nothing is more valuable to us than our members.  That’s why we offer competitive rates on all of our deposit products.  Let us help you reach your savings goals faster.

All rates current as of December 2018  -  Fees could potentially reduce account earnings.
View Truth-In-Savings for Certificate Accounts
View Truth-In-Savings for Deposit Accounts

PRODUCT DIVIDEND RATE APY*
Simple Savings Account1 .10% .10%
Sub Savings Account2 .10% .10%
IRA Savings Account3 .25% .25%


*APY = Annual Percentage Yield
1. Dividends will not be posted if the account is closed before the quarterly dividend is posted. Minimum balance to earn stated APY = $100.00. Minimum deposit of $5.00 required at account opening. APY posted is a variable rate. All rates subject to change.
2. Dividends will not be posted if the account is closed before the quarterly dividend is posted. Minimum balance to earn stated APY = $100.00. APY posted is a variable rate. All rates subject to change.
3. Dividends will not be posted if the account is closed before the quarterly dividend is posted. Minimum deposit of $250.00 required at account opening. APY posted is a variable rate. All rates subject to change.

PRODUCT REQUIREMENTS DIVIDEND RATE APY*
MMA - Bronze Balance of $100.00 to $4,999.99 0.10% 0.10%
MMA - Silver Balance of $5,000.00 or more 0.45% 0.45%
MMA - Gold Direct Deposit of $1,000.00 or more in a calendar month 0.65% 0.65%
MMA - Platinum Direct Deposit of $2,500.00 or more + 10 Debit Card Swipes in a calendar month 0.80% 0.80%

*APY = Annual Percentage Yield
Please Note: All rates are subject to change without notice. The dividend rates and annual percentage yields are the prospective rates and yields that the Credit Union anticipates paying for the applicable dividend period. Dividends will not be paid on balances less than $100.00 or if the account is closed before the monthly dividend is posted. Money Market accounts are tiered rate accounts. If you have a minimum daily balance of $5,000.00 or more in your account during the calendar month, the Silver tier dividend rate and annual percentage yield listed for this account will apply for the dividend period. If you receive a minimum of $1,000.00 in direct deposits to your account during the calendar month, the Gold tier dividend rate and annual percentage yield listed for this account will apply for the dividend period. If you receive a minimum of $2,500.00 in direct deposits and have a minimum of ten (10) POS transactions that post and settle to your Riverset checking account during the calendar month, the Platinum tier dividend rate and annual percentage yield listed for this account will apply for the dividend period. If you do not meet any of the qualification requirements during the calendar month, the Bronze tier dividend rate and annual percentage yield listed for this account will apply for the dividend period.
PRODUCT DIVIDEND RATE APY*
Summer Club .10% .10%
Holiday Club .10% .10%
Milestone Club .10% .10%

*APY = Annual Percentage Yield
Please Note: Dividends will not be posted if the account is closed before the quarterly dividend is posted. Average balance must be $100.00 during the month. APY posted is a variable rate. All rates subject to change.
PRODUCT DIVIDEND RATE APY*
Simple Checking Account .10% .10%

*APY = Annual Percentage Yield
Please Note: Dividends paid if the average daily balance is at or above $1,500.00. APY posted is a variable rate. All rates subject to change.
PRODUCT DIVIDEND RATE APY* TERM
Certificate Account 1.00% 1.00% 6 Months
  1.49% 1.50% 12 Months
Promotional Rate* 1.74% 1.75% 13 Months
  1.99% 2.00% 18 Months
  1.74% 1.75% 24 Months
Promotional Rate** 1.99% 2.00% 18 Month
  1.74% 1.75% 36 Months
  1.99% 2.00% 48 Months
  2.23% 2.25% 60 Months

APY = Annual Percentage Yield
Please Note:  All Certificate Accounts require a minimum deposit of $1,000.00 at account opening. We may impose a penalty if you withdraw funds from your account before the maturity date. The amount of early withdrawal penalty is based on the term of your account.
*The 13 month Certificate Account at 1.75% APY is a special offer effective October 1, 2018 through December 31, 2018, and is subject to change without notice. Minimum $5,000 of “New Money” required at account opening. New Money is defined as funds not currently on deposit with Riverset Credit Union. Subject to penalty for early withdrawal. Membership eligibility is required. After the 13 month Certificate Account reaches maturity, the Certificate Account will automatically renew at the current 12-month Certificate Account rate unless you indicate otherwise.
**The 18 month Certificate Account at 2.00% APY is a special offer effective October 1, 2018 through December 31, 2018, and is subject to change without notice. Minimum $5,000 of “New Money” required at account opening. New Money is defined as funds not currently on deposit with Riverset Credit Union. Subject to penalty for early withdrawal. Membership eligibility is required. After the 18 month Certificate Account reaches maturity, the Certificate Account will automatically renew at the current 18-month Certificate Account rate unless you indicate otherwise.

PRODUCT DIVIDEND RATE APY* TERM
Certificate Account 1.00% 1.00% 6 Months
  1.49% 1.50% 12 Months
  1.99% 2.00% 18 Months
  1.74% 1.75% 24 Months
  1.74% 1.75% 36 Months
  1.99% 2.00% 48 Months
  2.23% 2.25% 60 Months

APY = Annual Percentage Yield
Please Note:  All Certificate Accounts require a minimum deposit of $1,000.00 at account opening. We may impose a penalty if you withdraw funds from your account before the maturity date. The amount of early withdrawal penalty is based on the term of your account.

Everyday Banking

Many bank customers are becoming increasingly frustrated with the litany of fees their banks are charging. Riverset Credit Union represents an alternative and provides solutions to common complaints about other banking institutions. Not for profit, not for charity, but for service. Bring your Direct Deposit to a Riverset Simple Checking account and simplify your banking.

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I have abandoned traditional banks. I only use credit unions, primarily Riverset. The shared branch option is perfect for when I am traveling.

Carol