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Checking
Share Rates Truth in Savings Disclosure Fee Schedule
The rates applicable to your account at Maine Education Credit Union are provided below. The Annual Percentage Yield listed below is accurate as of January 1, 2013. Rates are subject to change at any time without notice.
Share and Checking Rates
| Account Type | Min. Balance | Dividend Rate | APY* |
| Regular Shares | $5.00 | .10% | .10% |
| Clubs | $5.00 | .10% | .10% |
| IRA Shares | $5.00 | .20% | .20% |
| Checking | n/a | n/a | n/a |
*Annual Percentage Yield. Dividends are based on the Average Daily Balance Method. Dividends are Compounded and Credited monthly. A $5.00 Minimum Balance is required to obtain the Annual Percentage Yield for the monthly dividend period. The Minimum required Opening Balance is $5.00 for Regular Share, IRA, and Club accounts; $25.00 for Checking accounts.
High Yield Accounts
| Account Type | Min. Balance/Range | Dividend Rate | APY* |
| High Yield Shares | $2,000 - 24,999 | .15% | .15% |
| $25,000 - 49,999 | .20% | .20% | |
| $50,000 - 99,999 | .20% | .20% | |
| $100,000 & Over | .25% | .25% |
*Annual Percentage Yield. Dividends are based on the Average Daily Balance Method. Dividends are Compounded and Credited monthly. A $2,000 Minimum Balance is required to obtain the Annual Percentage Yield for the monthly dividend period. The Minimum required Opening Balance is $2,000. Hi Yield Accounts are limited to 6 withdrawals per month. Accounts balances falling below $2,000 will be closed and the balance transferred to a regular share account.
Certificate Accounts
Share and IRA Certificates
| Term | Min. Balance | Penalty | Dividend Rate | APY* |
| 6 Months | $2,000 | 90 days | .40% | .40% |
| 12 Months | $2,000 | 180 days | .50% | .50% |
| 24 Months | $2,000 | 180 days | .75% | .75% |
| 36 Months | $2,000 | 180 days | 1.00% | 1.01% |
| 48 Months | $2,000 | 180 days | 1.20% | 1.21% |
| 60 Months | $2,000 | 180 days | 1.50% | 1.51% |
Share Certificate “Special”
| Term | Min. Balance | Penalty | Dividend Rate | APY* |
| 15 Months | $2,000 | 180 days | .55% | .55% |
Super Saver Share Certificates
| Term | Min. Balance | Penalty | Dividend Rate | APY* |
| 6 Months | $500 | 90 Days | .20% | .20% |
| 12 Months | $500 | 180 Days | .30% | .30% |
| 24 Months | $500 | 180 Days | .50% | .50% |
| 36 Months | $500 | 180 Days | .75% | .75% |
*Annual Percentage Yield. Dividends are based on the average daily balance method. Dividends are compounded daily and credited monthly. The minimum balance stated above is required to obtain the Annual Percentage Yield for the monthly dividend period as well as to establish the certificate account.
