Home > Deposit Products > High Yield Deposit Accounts
High Yield Deposit Accounts
Our most popular savings account where you earn a higher than average daily rate and still enjoy access to your funds at all times. To open a high yield savings, stop in at one of our branches or contact our call center at 989.249.8200.
Contact UsWildfire Credit Union members have an opportunity to increase their earnings on this account by maintaining higher balances.
- The minimum opening deposit and account balance is $1,000.00.
- Minimum deposits and withdrawals are $500.00. Up to three withdrawals can be made per month at no charge. There is a maximum of six withdrawals per month, with a $25 fee per withdrawal after the third withdrawal.
- This account earns DAILY interest, PAID MONTHLY. To calculate your interest, we take the balance that has been in your account overnight and multiply it by the current daily percentage rate based upon the tiers listed below.
| High Yield Deposit Accounts | ||
| Effective Date: Monday, April 6th, 2020, 12:00am ET. | ||
| Account Information | Interest Rate | APY |
| Balances from $1,000.00 to $24,999.99 | 0.300% | 0.300% |
| Balances from $25,000.00 to $49,999.99 | 0.349% | 0.350% |
| Balances from $50,000.00 to $99,999.99 | 0.399% | 0.400% |
| Balances from $100,000.00 to $249,999.99 | 0.449% | 0.450% |
| Balances from $250,000.00 to $499,999.99 | 0.549% | 0.550% |
| Balances from $500,000.00 to $999,999.99 | 0.747% | 0.750% |
| Balances of $1,000,000.00 and more | 0.946% | 0.950% |
Your share account is insured through the NCUA. This insurance is similar to the deposit insurance protection offered by the Federal Deposit Insurance Corporation (FDIC). The NCUA Share Insurance Estimator is an educational resource about share insurance and gives a detailed explanation of insurance coverage.