Ontario-Monclair School Employees Federal Credit Union Home

Savings & Checking Rates

Type of AccountMinimum Balance Required to Earn APYDividend RateAnnual Percentage YieldEarly W/D Penalty
Regular Savings $5.00 0.10% 0.10% monthly
Plus Savings $10,000.00 0.40% 0.40% monthly
Advantage Savings $25,000.00 0.55% 0.55% monthly
Checking $1,000.00 0.10% 0.10% monthly
Money Market Checking $2,500.00 0.70% 0.70% monthly
Holiday Acct. $5.00 0.10% 0.10% monthly
IRA Share Account* $5.00 0.10% 0.10% monthly
* IRA Shares are available for Traditional IRAs, Roth IRAs and Education IRAs)
 As of the most recent Board of Directors meeting, the dividend rate and corresponding Annual Percentage Yield (APY) on each share and checking account was set forth as shown. The dividend rate and the APY may change every month as determined by the Credit Union's Board of Directors.  Effective date: 08/31/23

Certificate Rates

To open an account, simply login to Online Banking, visit our branch, or call us at (909) 983-1959.

Type of AccountMinimum Balance required to Earn APYDividend RateAnnual Percentage YieldEarly W/D Penalty
3 month certificate $5,000.00 2.66% 2.70% 60 days
6 month certificate $2,500.00 2.76% 2.80% 60 days
11 MONTH CERTIFICATE^ $1,000.00 4.45% 4.55% 60 days
1 year certificate $1,000.00 3.34% 3.40% 90 days
18 month certificate $1,000.00 3.44% 3.50% 90 days
2 year certificate $1,000.00 3.49% 3.55% 180 days
3 year certificate $1,000.00 3.78% 3.85% 180 days
4 year certificate $1,000.00 3.92% 4.00% 180 days
5 year certificate $1,000.00 4.21% 4.30% 180 days
IRA Certificate (12 mo)** $500.00 3.34% 3.40% 90 days
IRA Certificate (18 mo)** $500.00 3.44% 3.50% 90 days
IRA Certificate (24 mo)** $500.00 3.49% 3.55% 180 days
IRA Certificate (36 mo)** $500.00 3.78% 3.85% 180 days
IRA Certificate (48 mo)** $500.00 3.92% 4.00% 180 days
IRA Certificate (60 mo)** $500.00 4.21% 4.30% 180 days

^ New money only - special terms apply

** (IRA Certificates are available for Traditional IRAs, Roth IRAs and Education IRAs)
The dividend rate and corresponding Annual Percentage Yield (APY) on your term share (certificate) accounts is as set forth above. For purposes of this disclosure, this is a rate and APY that were offered within the most recent update of this page. Please call (909) 983-1959 to obtain current rate information. You will be paid this rate for the duration of the term share (certificate) account.

 

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