Account Rates
| Account | Minimum Balance | APY* |
|---|
| Savings | No Minimum Balance | 0.05% |
| Consumer Checking | $2500 to earn Dividends | 0.01% |
| Commercial Premier Checking | $2000 to earn Dividends | 0.01% |
| Commercial IOLTA Checking | $2000 to earn Dividends | 0.01% |
Savings Accounts
Rate Information
For Savings accounts, the Dividend Rate and Annual Percentage Yield may change monthly as determined by the Credit Union.
Nature of Dividends
The Dividend Rate and Annual Percentage Yield are the prospective rates that the Credit Union anticipates paying for the applicable dividend period. Dividends are calculated by the average daily balance method. Dividends are calculated by applying a periodic rate to the average daily balance in the account for the Dividend Period. For dividend bearing accounts, the Dividend Period begins on the first calendar day of the dividend period and ends on the last calendar day of the dividend period.
Accrual of Dividends/Interest
Dividends will begin to accrue on non-cash deposits (e.g. checks) on the business day your deposit is credited to your account. Dividends will be compounded and credited quarterly. If you close your account before accrued dividends are credited, accrued dividends will not be paid.
Balance Information
No minimum balance is required to open a savings account.
For additional membership information please contact us.
Checking Accounts
Consumer Rate Information
The Dividend Rate and Annual Percentage Yield may change monthly as determined by the Credit Union. Dividends are only paid if the average daily balance of the checking
account is $2,500 or greater. Learn more about our personal checking accounts.
Commercial Premier or IOLTA Rate Information
The Dividend Rate and Annual Percentage Yield may change monthly as determined by the Credit Union. Dividends are only paid if the average daily balance of the checking account is $2,000 or greater. Learn more about our commercial checking accounts.
Nature of Dividends
Dividends are paid from current income and available earnings after required transfers to reserves at the end of a dividend period. The Dividend Rate and Annual Percentage Yield set forth in this schedule are the prospective rates that the Credit Union
anticipates paying for the applicable dividend period.
Compounding and Crediting
Dividends will be compounded and credited quarterly on Checking accounts.
Accrual of Dividends/Interest
Dividends will begin to accrue on non-cash deposits (e.g. checks) on the business day you make the deposit to your account. If the account is closed before accrued dividends are credited then accrued dividends will not be paid. For all accounts, dividends
are calculated by the average daily balance method. For dividend bearing accounts, the Dividend Period begins on the first calendar day of the dividend period and ends on the last calendar day of the dividend period. Dividends are calculated by applying
a periodic rate to the average daily balance in the account for the Dividend Period. The average daily balance is calculated by adding the full amount of principal in the account for each day of the period and dividing that figure by the number of
days in the period.
Balance Information
There is no minimum balance requirement for the Free Checking Account. Dividends are earned if the average daily balance is $2,500 or greater.
Free Bill Payer is a benefit for active Bill Payer users
After one-hundred and eighty (180) days of no Bill Payer activity your Bill Payer account will be deactivated.
Check Clearing
Checks will be cleared from the lowest transaction amount to the highest transaction amount; allowing for the maximum number of checks to clear in the event of insufficient funds.
For questions regarding account terms and conditions, please contact us.
Certificate Account Rates
| Description | Dividend | APY* | Min. Balance |
|---|
| Fixed Rate |
| 6 Month | 3.70% | 3.75% | $100 |
| 12 Month | 3.45% | 3.50% | $100 |
| 18 Month | 3.21% | 3.25% | $100 |
| 24 Month | 2.97% | 3.00% | $100 |
| 30 Month | 2.72% | 2.75% | $100 |
| 36 Month | 2.72% | 2.75% | $100 |
| 48 Month | 2.72% | 2.75% | $100 |
| 60 Month | 2.72% | 2.75% | $100 |
*The Dividend Rate and Annual Percentage Yield (APY) are subject to change without notice. Contact the HAPO financial center nearest you for current rate information or special offerings. Fees may reduce earnings. Rates effective 6/3/2025.
Learn more about Certificate Accounts.
Disclosures
Except as described, the following disclosures apply to all of the accounts:
Rate Information
The Dividend Rate and Annual Percentage Yield on your accounts are set forth above. For Fixed Rate Certificate accounts, the Dividend Rate and Annual Percentage Yield are fixed and will be in effect for the initial term and reset for any renewal term of the account. For all Certificate accounts, the Annual Percentage Yield is based on an assumption that interest will remain on deposit until maturity. A withdrawal of dividends will reduce earnings.
Nature of Dividends
The Dividend Rate and Annual Percentage Yield set forth above are the prospective rates that the Credit Union anticipates paying for the applicable dividend period.
Compounding and Crediting
Dividends will be compounded and credited quarterly and at maturity. For all accounts, dividends are calculated by the average daily balance method. Dividends are calculated by applying a periodic rate to the average daily balance in the account for the dividend period. Adding the full amount of principal in the account for each day of the period and dividing that figure by the number of days in the period determine the average daily balance.
Balance Information
The minimum balance required to open each account is set forth above.
Add-on Feature
The 6 month through the 12 month certificates allow additional deposits in increments of $100.00 or more through the term of the certificate. No more than $100,000.00 may be added to the certificate after the initial purchase. No add-on deposits are allowed for Special Rate CD Offers.
Certificate Account Features
- Maturity: Your Certificate or IRA account will mature within the term or maturity date set forth on your Account Receipt or Renewal Notice.
- Early Withdrawal Penalty: We may impose a penalty if you withdraw any of the principal of your Certificate of IRA account before the maturity date.
- Amount of Penalty - For Certificate and IRA Certificate accounts, the amount of the early withdrawal penalty is based on the following penalty schedule:
- Withdrawals Penalty
- Terms of 6 month or less - 90 days dividends
- Terms of 12-18 months – 120 days dividends
- Terms of 24-36 months – 180 days dividends
- Terms of 48 months – 270 days dividends
- Terms of 60 months or more - 365 days dividends
- For IRA accounts, the amount of the early withdrawal penalty is 90 days dividends.
- How the Penalty Works - The penalty is calculated as a forfeiture of part of the interest that has been or would be earned at the nominal rate on the account. It applies whether or not the interest has been earned. In other words, if the account has not yet earned enough interest or if the interest has already been paid; the penalty will be deducted from the principal. The penalty will be based on the account balance on the day of your withdrawal.
- Exceptions to Early Withdrawal Penalties. At our option, we may pay the account before maturity without imposing an early withdrawal penalty under the Following circumstances:
1. When an account owner dies or is determined legally incompetent by a court or other body of competent jurisdiction.
2. Where the account is an Individual Retirement Account (IRA) and any portion is paid within seven (7) days after establishment; provided that the depositor forfeits an amount of at least equal to the simple interest earned in the amount withdrawn; or where the account is a Time Deposit-Variable Rate IRA and the owner attains age 59 ½ or becomes disabled.
- Renewal Policy - Certificate and IRA accounts are automatically renewable accounts. At maturity, your account will renew for another term at the current Dividend Rate offered at that time. You may call the Credit Union at maturity to obtain the Dividend Rate and Annual Percentage Yield for the renewal term. You have a grace period of ten (10) business days after maturity in which to withdrawal funds in the account without being charged an early withdrawal penalty.
- Nontransferable/Nonnegotiable - Your account is nontransferable and nonnegotiable. The funds in your account may not be pledged to secure any obligation of any owner, except obligations within the Credit Union.
Commercial Certificate Account Rates
| Description | Dividend | APY* | Min. Balance |
|---|
| Fixed Rate |
| 6 Month | 3.70% | 3.75% | $5000 |
| 12 Month | 3.45% | 3.50% | $5000 |
| 18 Month | 3.21% | 3.25% | $5000 |
| 24 Month | 2.97% | 3.00% | $5000 |
| 30 Month | 2.72% | 2.75% | $5000 |
| 36 Month | 2.72% | 2.75% | $5000 |
| 48 Month | 2.72% | 2.75% | $5000 |
| 60 Month | 2.72% | 2.75% | $5000 |
*The Dividend Rate and Annual Percentage Yield (APY) are subject to change without notice. Contact the HAPO financial center nearest you for current rate information or special offerings. Fees may reduce earnings. Rates effective 6/3/2025.
IRA Rates
| Description | Dividend | APY* | Minimum Balance |
|---|
| Time Deposit |
| Variable Rate | 3.85% | 3.91% | $1.00 |
| Fixed Rates |
| 6 Month | 3.70% | 3.75% | $100 |
| 12 Month | 3.45% | 3.50% | $100 |
| 18 Month | 3.21% | 3.25% | $100 |
| 24 Month | 2.97% | 3.00% | $100 |
| 30 Month | 2.72% | 2.75% | $100 |
| 36 Month | 2.72% | 2.75% | $100 |
| 48 Month | 2.72% | 2.75% | $100 |
| 60 Month | 2.72% | 2.75% | $100 |
*The Dividend Rate and Annual Percentage Yield (APY) are subject to change without notice. Contact the HAPO financial center nearest you for current rate information or special offerings. Fees may reduce earnings. Rates effective 9/2/2025.
Disclosures
Except as described, the following disclosures apply to all of the accounts:
Rate Information
For
Fixed Rate Certificate accounts, the Dividend Rate and Annual Percentage Yield are fixed and will be in effect for the initial term and reset for any renewal term of the account. For all Certificate accounts, the Annual Percentage Yield is based
on an assumption that interest will remain on deposit until maturity. A withdrawal of dividends will reduce earnings.
Nature of Dividends
The Dividend Rate and Annual Percentage Yield set forth above are the prospective rates that the Credit Union anticipates paying for the applicable dividend period.
Compounding and Crediting
Dividends will be compounded and credited quarterly and at maturity. For all accounts, dividends are calculated by the average daily balance method. Dividends are calculated by applying a periodic rate to the average daily balance in the account for the
dividend period. Adding the full amount of principal in the account for each day of the period and dividing that figure by the number of days in the period determine the average daily balance.
Balance Information
The minimum balance required to open each account is set forth above.
Add-on Feature
Some certificates allow additional deposits to be made during the term. Please contact the credit union for additional information. The initial rate will remain in effect until
time of maturity. No add-on deposits are allowed for Special Rate CD/IRA Offers.
IRA Account Features
Account Limitations
After your account is opened, you may not make additional deposits to a Certificate account. For IRA Time Deposit accounts, after your account is opened you may make additional deposits to your account. You may make dividend withdrawals, subject to early withdrawal penalties.
Maturity
Your Certificate or Time Deposit account will mature within the maturity date set forth on your Account Receipt or Renewal Notice.
Early Withdrawal Penalty
We may impose a penalty if you withdraw any of the principal of your Certificate or Time Deposit account before the maturity date.
- Amount of Penalty - For IRA accounts, the amount of the early withdrawal penalty is based on the following penalty schedule:
- Terms of 6 month or less – 90 days dividends
- Terms of 12-18 months – 120 days dividends
- Terms of 24-36 months – 180 days dividends
- Terms of 48 months – 270 days dividends
- Terms of 60 months or more – 365 days dividends
- For IRA Time Deposit accounts, the amount of the early withdrawal penalty is 90 days dividends.
- How the Penalty Works - The penalty is calculated as a forfeiture of part of the interest that has been or would be earned at the stated rate on the account. It applies whether or not the interest has been earned. In other words, if the account has not yet earned enough interest or if the interest has already been paid; the penalty will be deducted from the principal. The penalty will be based on the account balance on the day of your withdrawal.
- Exceptions to Early Withdrawal Penalties. At our option, we may pay the account before maturity without imposing an early withdrawal penalty under the Following circumstances:
1. When an account owner dies or is determined legally incompetent by a court or other body of competent jurisdiction.
2. Where the IRA account is paid within seven (7) days after establishment; provided that the depositor forfeits an amount of at least equal to the simple interest earned in the amount withdrawn; or where the account is a Time Deposit IRA and the owner attains age 59 ½ or becomes disabled.
Renewal Policy
IRA certificates and Time Deposit accounts are automatically renewable accounts. At maturity, your account will renew for another term at the current Dividend Rate offered at that time. You may call the Credit Union at maturity to obtain the Dividend Rate and Annual Percentage Yield for the renewal term. You have a grace period of ten (10) business days after maturity in which to withdrawal funds in the account without being charged an early withdrawal penalty .
Nontransferable/Nonnegotiable
Your account is nontransferable and nonnegotiable. The funds in your account may not be pledged to secure any obligation of any owner, except obligations within the Credit Union.
Money Market Rates
| Description | Dividend | APY* |
|---|
| $0 - $2,499.99 | 0.00% | 0.00% |
| $2,500 - $4,999.99 | 0.10% | 0.10% |
| $5,000 - $14,999.99 | 0.15% | 0.15% |
| $15,000 - $24,999.99 | 0.20% | 0.20% |
| $25,000 - $49,999.99 | 0.20% | 0.20% |
| $50,000 - $99,999.99 | 0.25% | 0.25% |
| $100,000 - $299,999.99 | 1.98% | 2.00% |
| $300,000 - $999,999.99 | 2.95% | 3.00% |
| $1,000,000 - $4,999,999.99 | 3.32% | 3.375% |
| $5,000,000 & Above | 3.69% | 3.75% |
*The Dividend Rate and Annual Percentage Yield (APY) are subject to change without notice. Contact the HAPO financial center nearest you for current rate information or special offerings. Fees may reduce earnings. Rates effective 6/25/2025.
Disclosures
Except as specifically described, the following disclosures apply to all money market accounts:
Rate Information
The Dividend Rate and Annual Percentage Yield on your accounts are set forth above. For Money Market accounts, the Dividend Rate and Annual Percentage Yield may change monthly as determined by the Credit Union. Money Market Accounts are tiered rate accounts
with the Dividend Rate based on the balance ranges set forth above. Once a
balance range is met, the Dividend Rate for that balance range will apply to the entire average daily account balance.
Nature of Dividends
The Dividend Rate and Annual Percentage Yield set forth above are the prospective rates that the Credit Union anticipates paying for the applicable dividend period. For all accounts, dividends are calculated by the average daily balance method. Dividends
are calculated by applying a periodic rate to the average daily balance in the account for the Dividend Period. Adding the full amount of principal in the account for each day of the period and dividing that figure by the number of days in the period
determine the average daily balance.
Compounding and Crediting
Dividends will be compounded monthly. For dividend bearing accounts, the Dividend Period begins on the first calendar day of the dividend period and ends on the last calendar day of the dividend period.
Accrual of Dividends/Interest
Dividends will begin to accrue on non-cash deposits (e.g. checks) on the business day your deposit is credited to your account. For Money Market accounts, if you close your account before accrued dividends are credited; accrued dividends will not be paid.
Balance Information
There is a minimum balance requirement of $500 to avoid a service fee of $9/month. Dividends are paid on balance of $2500 or more.
Transaction Limitations
For Money Market accounts, transaction limitations will apply. No more than six (6) preauthorized, automatic, telephone or internet transfers may be made from these accounts to another account of yours or to a third party in any calendar month.
Of these six (6) transfers, you may not make and we will not clear more than six (6) transfers by check, draft, or debit card to a third party. If you exceed these limitations, your accounts may be subject to a fee or be closed.