Savings Rates
02/20/2025
| Product | Rate | APY | ||
|---|---|---|---|---|
| New Member Savings | ||||
| $100,000 or less Daily Balance | 3.69% | 3.75% | ||
| $100,000.01 or more Daily Balance | 0.05% (Applies to portion of balance over $100,000) | Ranges from 3.75% to 3.42% | ||
| Savings Account | 0.05% | 0.05% | ||
| Rewards Savings | ||||
| Requirements not met | 0.05% | 0.05% | ||
| Daily balance is $2,500 or less | 0.10% | 0.10% | ||
| Daily balance is greater than $2,500 | 0.05% (amount over $2,500) | 0.08% - 0.10% | ||
| Youth Savings | 0.10% | 0.10% | ||
| You Name It Savings | 0.05% | 0.05% | ||
| Holiday & Tax Savings | 0.10% | 0.10% | ||
| IRA Savings | ||||
| $0-$2,499 Balance | 0.10% | 0.10% | ||
| $2,500-$9,999 Balance | 0.10% | 0.10% | ||
| $10,000-$24,999 Balance | 0.10% | 0.10% | ||
| $25,000-$49,999 Balance | 0.10% | 0.10% | ||
| $50,000-$99,999 Balance | 0.15% | 0.15% | ||
| $100,000+ Balance | 0.15% | 0.15% | ||
| High Interest Savings (No Longer Offered) | ||||
| $0-$9,999 Balance | 0.50% | 0.50% | ||
| $10,000 or more Balance | 3.69% | 3.75% | ||
| $10,000 or more Balance (in New Funds) | 3.69% | 3.75% | ||
New Member Savings
$100,000 or less Daily Balance
$100,000.01 or more Daily Balance
Savings Account
Rewards Savings
Requirements not met
Daily balance is $2,500 or less
Daily balance is greater than $2,500
Youth Savings
You Name It Savings
Holiday & Tax Savings
IRA Savings
$0-$2,499 Balance
$2,500-$9,999 Balance
$10,000-$24,999 Balance
$25,000-$49,999 Balance
$50,000-$99,999 Balance
$100,000+ Balance
High Interest Savings (No Longer Offered)
$0-$9,999 Balance
$10,000 or more Balance
$10,000 or more Balance (in New Funds)
1 New Member Savings
Interest is compounded and credited monthly. All rates are variable and subject to change. 3.75% APY applies to first $100,000 in account. Portion of balance over $100,000 will earn a rate of 0.05% APY. If your daily balance is greater than $100,000 your total APY will decrease (contact the credit union for details). Offer subject to change without notice. New members only, available within first 30 calendar days of establishing new membership. Limit one New Member Savings account per member; must be age 18 or older.2 Savings Account
Minimum balance to open and earn APY is $5.00. Interest compounded and credited monthly.3 Rewards Savings
To earn the Rewards Savings rate of 0.10% on balances up to and including $2,500, you must sign up for and receive e-Statements, otherwise, you will earn 0.05% on the entire Rewards Savings balance. If your daily balance is greater than $2,500, your APY will range from 0.08% - 0.10% depending on the balance of your account. APY range calculations assume a minimum balance of $2,500.01 and a maximum balance of $5,000.00. Limited to one account per membership. Business accounts are not eligible.Minimum balance to open is $5.00. Interest compounded and credited monthly. All rates are variable and subject to change.
4 Youth Savings
Minimum balance to open and earn APY is $5.00. Interest compounded and credited monthly. All rates are variable and subject to change.
5 You Name it Savings
All rates are variable and subject to change.
6 Holiday & Tax
Holiday & Tax Account Free Withdrawal Periods: March 1 – April 30 and October 15– December 15.
A $10 early withdrawal fee applies for each withdrawal taken outside of the free withdrawal periods. No minimum balance to open.
$5 minimum balance to earn APY. Interest compounded daily and credited monthly. All rates are variable and subject to change.
7 IRA Savings
$100 minimum balance to open and maintain your account; minimum balance to earn Annual Percentage Yield. Interest is compounded daily and credited monthly. All rates are variable and subject to change.
8 High Interest Savings (No Longer Offered)
Minimum Balance to Earn Annual Percentage Yield. Interest is compounded and credited monthly. All rates are variable and subject to change. Available on consumer memberships only. Limit one High-Interest Savings account per membership. Truth in Savings.
9 High Interest Savings (No Longer Offered)
New Funds tier was discontinued as of 5/1/24. $10,000 must come from an institution other than Rivermark (New Funds).
Definition of new funds: To be considered new funds to Rivermark, funds must come from a financial institution other than Rivermark and cannot have been deposited into the Rivermark membership more than 5 business days prior to opening the High-Interest Savings account. Member has 10 business days to deposit new money after account is opened; accounts that do not receive new money will be converted to the lower rate.