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Account Rates

Strengthen your financial foundation.
Grow your money at a steady rate.
Whatever goal you want to reach, Deer Valley Credit Union can help. We bring value to our members in Arizona and elsewhere with account rates that are structured to work in your best interests, because we're a not-for-profit credit union that gives back to our members.

Rates are subject to change after an account is opened. Fees may reduce earnings on accounts. Please see the Fee Schedule for more information. 

Share Accounts

Share Type Dividend Rate Annual Percentage Yield
Savings Accounts 0.05% 0.05%
High Yield Youth Savings* 0.50% 0.50%
Checking Account 0.02% 0.02%
IRAs 0.05% 0.05%
Minimum $5.00 deposit is required to open a savings account and a minimum balance of $5.00 is required in order to earn dividends.

*0.50% APY paid up to $2,500. The current savings rate is paid on balances over $2,500.

Rates are subject to change after the account is opened. Fees may reduce earnings on the account.

Money Market Maximizer

Balance Dividend Rate Annual Percentage Yield
$9,999 and below 0.05% 0.05%
$10,000-$24,999 0.05% 0.05%
$25,000-$49,999 0.05% 0.05%
$50,000 and above 0.10% 0.10%
Dividend rates are subject to change after the account is opened. Fees may reduce earnings on the account.

Share Certificate Rates

Description Dividend Rate Annual Percentage Yield Minimum Balance
13 Week Share Certificate 0.15% 0.15% $500
26 Week Share Certificate 0.20% 0.20% $500
1 Year Share Certificate 0.80% 0.80% $500
16 Month Share Certificate* 2.87% 2.91% $750
2 Year Share Certificate 1.35% 1.36% $500
3 Year Share Certificate 1.64% 1.65% $500
5 Year Share Certificate 1.99% 2.01% $500
*As of August 13, 2018, there is a minimum opening deposit of $750 and maximum of $100,000. New money is required. Early withdrawal penalties apply and may reduce earnings. This special certificate offer renews automatically to a 16 month term at the rate in effect at the time of renewal unless instructed otherwise. You must be a member of Deer Valley Credit Union, have a fully qualified Participation Account, maintain qualification, and your accounts must be kept in good standing. To fully qualify for the Participation Account, you are required to maintain active direct deposit ($500/month minimum) and enroll in Online Banking and eStatements. This offer is subject to change without notice.

Dividends are paid and compounded monthly. A penalty may be imposed for early withdrawal. The amount of early withdrawal penalty is 30 days of dividends for terms up to 13 weeks, 60 days of dividends for 26 week terms, 90 days of dividends for 1 year and 16 month terms, 180 days of dividends for 2 year terms, and 365 days of dividends for terms of 3 years or more.

IRA Rates

Description Dividend Rate Annual Percentage Yield Minimum Balance
13 Week IRA Certificate 0.15% 0.15% $500
26 Week IRA Certificate 0.20% 0.20% $500
1 Year IRA Certificate 0.80% 0.80% $500
2 Year IRA Certificate 1.35% 1.36% $500
3 Year IRA Certificate 1.64% 1.65% $500
5 Year IRA Certificate 1.99% 2.01% $500
Dividends are paid and compounded monthly. A penalty may be imposed for early withdrawal. The amount of early withdrawal penalty is 30 days of dividends for terms up to 13 weeks, 60 days of dividends for 26 week terms, 90 days of dividends for 1 year terms, 180 days of dividends for 2 year terms, and 365 days of dividends for terms of 3 years or more.

Participation Accounts

Average daily balance required to earn rate Dividend Rate Annual Percentage Yield
Up to $9,999.99 0.05% 0.05% APY on the entire average daily balance.
$10,000.00-$24,999.99 0.15% The dividend rate will be paid only on the portion of your average daily balance that is greater than $9,999.99 but less than $25,000.00 with an APY ranging from 0.05% to 0.11%.
$25,000.00-$49,999.99 0.15% The dividend rate will be paid only on the portion of your average daily balance that is greater than $24,999.99 but less than $50,000.00 with an APY ranging from 0.11% to 0.13%.
$50,000.00 and above 0.15% The dividend rate will be paid only on the portion of your average daily balance that is greater than $49,999.99 with an APY ranging from 0.13% to 0.15%.
Annual Percentage Yield (APY). Dividend rates are subject to change after the account is opened. Dividend rates and APYs are subject to change. Fees may reduce earnings. You must be a member of Deer Valley Credit Union, have a fully qualified Participation Account, maintain qualification, and your accounts must be kept in good standing. To fully qualify for the Participation Account, you are required to maintain active direct deposit ($500/month minimum) and enroll in Remote Banking and eStatements. If your account is not fully qualified, you will receive the Value Checking dividend rate and APY. The Value Checking APY was 0.02% as of May 31, 2017.

Dividend rates are subject to change after the account is opened. Fees may reduce earnings on the account.

Disclosure

APY is Annual Percentage Yield. Dividend rates are subject to change after the account is opened. Dividend rates and APYs are subject to change. Fees may reduce earnings. You must be a member of Deer Valley Credit Union, have a fully qualified Participation Account, maintain qualification, and your accounts must be kept in good standing. To fully qualify for the Participation Account, you are required to maintain active direct deposit ($500/month minimum) and enroll in online banking and eStatements. If your account is not fully qualified, you will receive 0.02% APY as of February 28, 2018. Membership is required.