This website requires Javascript to function correctly

See All | Contract
test-interior
banner shadow
banner tagline inside

Savings and Deposit Accounts

TRUTH-IN-SAVINGS RATES FOR SHARE (SAVINGS), MONEY MARKET, CHECKING AND IRA SAVINGS ACCOUNTS

The rates and fees contained in this Schedule are accurate as of August 1, 2016. For current information call the Credit Union at (713) 850-1600. This Rate and Fee Schedule and Account Disclosures sets forth certain conditions, rates, fees and charges applicable to your Share (Savings) Accounts, Money Market Accounts, Checking Accounts and IRA Savings Accounts at Smart Financial Credit Union, and is incorporated as part of your Account Agreement with us. *Fees could reduce the earnings on the account.**Rates may change after account is opened.

TRUTH-IN-SAVINGS RATE SCHEDULE

Savings and Deposits Accounts

Savings
AccountMinimum to OpenDividend RateInterest RateAPYMinimum to obtain disclosed APY
Share (Savings) $5 .25% N/a 0.25% $100

Money Market Account Rates
Minimum to OpenMinimum BalanceInterest RateAPYMinimum to avoid service fee
$2,500 $0-2,499.99 .30% on entire balance .30% $2,500
  $2,500.00-9,999.99 .30% on entire balance .30%  
  $10,000-24,999.99 .40% on entire balance .40%  
  $25,000.00-49,999.99 .50% on entire balance .50%  
  $50,000+ .60% on entire balance .60%  
  $100,000+ .85% on entire balance .85%  

Checking Accounts
AccountMinimum to OpenAverage BalanceInterest RateMonthly Service Fee
Smart Select $100 < $2,500.00 0.05% $12 or waived when requirements are met.
    > $2,500.00 0.10% $12 or waived when requirements are met.
Superior Checking   <$1,000.00 0.05%  
    >=$1,000.00 0.10%  
Smart Choice $50   0.00% $10 or waived when requirements are met.

Individual Retirement Accounts (IRA)
AccountMinimum to OpenMinimum BalanceInterest RateAPY
IRA (Savings) $100 or $50 w/ payroll deduction-Direct Deposit $0-2,499.99 .40% on entire balance 0.40%
    $2,500.00-9,999.99 .40% on entire balance 0.40%
    $10,000.00-24,999.99 .60% on entire balance 0.60%
    $25,000.00+ .70% on entire balance 0.70%

Individual Retirement Accounts/Certificates of Deposit
Effective Date: 01/02/2019
TermInterest Rate APR*APYMinimum Opening Balance
12-month IRA 1.70% 1.71% $1,000
24-month IRA 2.25% 2.27%  
36-month IRA 2.35% 2.38%  
48-month IRA 2.45% 2.48%