Deposit Rates


Dividend Checking

Minimum deposit to open is $50, average daily balance needed to earn dividends is $250.

Rate APY**
0.05% 0.05%

Savings Account

Minimum deposit to open is $5, average daily balance to earn dividends is $50.

Rate APY**
0.10% 0.10%

Term Share Account

Minimum deposit to open is $500.

Term Rate APY**
6 Months 0.15% 0.15%
8 Months 0.20% 0.20%
12 Months 0.25% 0.25%
13 Months 1.19% 1.20%
24 Months 0.40% 0.40%
25 Months 1.44% 1.45%
26 Months 0.41% 0.41%
36 Months 0.65% 0.65%
48 Months 0.85% 0.85%

Money Market

Minimum deposit to open is $10,000, average daily balance needed to earn dividends is $10,000.

Average Daily Balance APY**
$10,000 – $24,999 0.15%
$25,000 – $49,999 0.20%
$50,000 and Up 0.25%

Retirement (IRA Savings)

Minimum deposit to open is $5, average daily balance to earn dividends is $50.

Rate APY**
0.10% 0.10%

Retirement (IRA Term Share Account)

Minimum deposit to open is $500.

Term Rate APY**
6 Months 0.15% 0.15%
8 Months 0.20% 0.20%
12 Months 0.25% 0.25%
24 Months 0.40% 0.40%
26 Months 0.41% 0.41%
36 Months 0.65% 0.65%
48 Months 0.85% 0.85%

Account Feature Comparison

Account Feature Dividend Savings Account Term Share Account Money Market IRA Savings Account IRA Term Share Account
Minimum Deposit to Open $50 $5 $500 $10,000 $5 $500
Fixed or Variable Fixed Variable Fixed Fixed Variable Fixed
Minimum Balanced to Earn Dividends/Interest $250 $50 $500 $10,000 $50 $500
Balance Computation Method Average Daily Balance Average Daily Balance Daily Balance Average Daily Balance Average Daily Balance Daily Balance
Additional Deposits Allowed Allowed Not Allowed Allowed Allowed Not Allowed
Dividend/Interest Withdrawal Allowed Allowed At Maturity Without Penalty Allowed Allowed At Maturity Without Penalty

**APY means Annual Percentage Yield. All dividends/interest are compounded and credited monthly to accounts, with the interest period being a calendar month. POCU may offer other products and rates, and can amend these deposit rates at any time. These rates effective 11/30/2017.

Our comprehensive POCU Truth in Savings Disclosure 2014 is available for your convenience and review.

Important Information About Procedures for Opening a New Account

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.