Deposit Rates

Rates effective as of January 1, 2021

As a member of New Dimensions Federal Credit Union, you’ll earn better dividends and pay fewer fees than you would at other financial institutions. Let us assist in securing a profitable and healthy financial future for you and your family. From the credit union deposit rates that you’ll receive to the certificate rates in Maine, you can take advantage of improving your financial standing. Let us work for you!

---

Variable Bank Account Rates

See our Truth in Savings Disclosure for Variable Rate Shares

Kasasa Cash, Kasasa Cash Back Accounts & Kasasa Saver

Account Type	Minimum Opening Deposit	Minimum Balance to Earn Dividends	Dividend Rate (APY*)
Kasasa Cash	$0	$0	2.49% up to $15,000, .25% over $15,000. (APY: .59% blended rate over $15,000)
Kasasa Cash Back	N/A	N/A	0.00%
Kasasa Saver	$0	$0	1.00% up to $25,000, .25% over $25,000. (APY: .44% blended rate over $25,000. Saver only available with Cash or Cash Back account.

Regular & Club Savings Accounts

Account Type	Minimum Opening Deposit	Minimum Balance to Earn Dividends	Dividend Rate (APY*)
Regular Savings	$25	$100	0.05%
Club Savings	N/A	$100	0.05%

60+ Savings Accounts

Account Type	Minimum Opening Deposit	Minimum Balance to Earn Dividends	Dividend Rate (APY*)
60+ Savings	$25	$100	0.05%

Youth Savings Accounts

Account Type	Minimum Opening Deposit	Minimum Balance to Earn Dividends	Dividend Rate (APY*)
Monty Moose Age 0-11	$5	$5	0.05%
Take Charge Age 12-17	$5	$25	0.05%

Certificate Savings Account (CSA)

Balance	Rate for the Tier* (APY*)	APY*
$100 to $2,499	0.10%	0.10%
$2,500 to $9,999	0.20%	0.20%
$10,000 to $49,999	0.25%	0.25%
$50,000 or More	0.30%	0.30%

Jumbo Certificate Savings Account (CSA)

Minimum Balance Required to Earn Dividends	Rate for Tier	Composite APY**
$100 - $49,999.99	0.10%	0.10%
$50,000 - $99,999.99	0.30%	0.20%
$100,000 - $249,999.99	0.60%	0.43%
$250,000 - $499,999.99	0.70%	0.56%
$500,000 & up	0.80%	0.68%

**Composite APY for multiple tier split rate accounts

Health Savings Account

Minimum Opening Deposit	Minimum Balance to Earn Dividends	Dividend Rate (APY*)
N/A	$100	.15%

Coverdell Education Savings Account

Minimum Opening Deposit	Minimum Balance to Earn Dividends	Dividend Rate (APY*)
NA	$100	.15%

Individual Retirement Account Rates

Type	Minimum Balance to Open	Minimum Balance to Earn Dividends	Dividend Rate (APY*)
Traditional IRA	$0.00	$100	0.15%
Roth IRA	$0.00	$100	0.15%

IRA withdrawals may be subject to a federal early withdrawal penalty and federal and state taxation. Call the credit union to obtain a copy of our IRA Trust Agreement and Disclosure.

---

 

---

Certificate Rates

Share Certificates

Term	Minimum Deposit	Dividend Rate	APY*	Dividend Penalty
6 months	$1,000	.45%	.45%	90 days
12 months	$1,000	.50%	.50%	180 days
18 months	$1,000	.55%	.55%	270 days
24 months	$1,000	.65%	.65%	360 days
36 months	$1,000	.75%	.75%	540 days
48 months	$1,000	.85%	.85%	720 days
60 months	$1,000	.95%	.95%	900 days

Youth Share Certificates

Type	Term	Minimum Deposit	Dividend Rate	APY*	Dividend Penalty
Monty Moose (age 0-11)	12 months	$500	.50%	.50%	180 days
Take Charge (age 12-17)	12 months	$500	.50%	.50%	180 days

IRA Share Certificates

Term	Minimum Deposit	Dividend Rate	APY*	Dividend Penalty
6 months	$2,000	.45%	.45%	90 days
12 months	$2,000	.50%	.50%	180 days
18 months	$2,000	.55%	.55%	270 days
24 months	$2,000	.65%	.65%	360 days
36 months	$2,000	.75%	.75%	540 days
48 months	$2,000	.85%	.85%	720 days
60 months	$2,000	.95%	.95%	900 days