IBEW Local 56 Federal Credit Union was chartered in 1961 - Once A Member ... Always A Member

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Savings Rates

Rates and Yields

Type Account Compound Period Dividend Rate APY*
1 Share Drafts Quarterly 0.02% 0.02%
5 Regular Shares Quarterly 0.07% 0.07%
6 Vacation Shares Quarterly 0.07% 0.07%
7 Holiday Shares Quarterly 0.07% 0.07%
9 Investment Shares Quarterly 0.07% 0.07%
10 Regular IRA Quarterly 0.60% 0.60%
11 Roth IRA Quarterly 0.60% 0.60%
12 Coverdell Ed Savings Quarterly 0.60% 0.60%
13 Christmas Club Quarterly 0.07% 0.07%
  • apy = annual percentage yield
  • contact an employee for further information about other fees and terms
  • fees or other conditions may reduce earnings
  • these dividend rates & annual percentage yields are the rates and yields paid
  • the last dividend period which was July 1, 2017 thru September 30, 2017
  • dividends are paid from current income, after required transfers to reserves
  • the board of directors will declare new dividend rates on 12/31/2107

 

 

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