Our highest rate from the first penny saved — saving money has changed.
You no longer need thousands of dollars to earn a worthwhile return on your savings. TrueSaver pays our very highest rate — 3% APY* — on the first $500 in your primary savings account**. After that, the rate reverts to a more traditional savings account rate. It’s the smarter way for first-time savers to get started. Reach your savings goal by making TrueSaver the core of your savings plan today.
How do you become eligible to receive the TrueSaver 3% APY? It’s Easy!
- If you’re under 18, you automatically qualify.
- If you’re 18 or older, you need to have an active Wright-Patt checking account** and eStatements or Direct Deposit.
- Other reasonable restrictions apply, such as the requirement of having the primary account owner’s Social Security Number on the account.
- TrueSaver does not work with business savings accounts.
*APY=Annual Percentage Yield. This account is a variable rate and the dividend rate and APY, accurate as of 08/01/11, may change after the account is open. $5 minimum deposit required. Primary member must not be delinquent on any WPCU loan obligation, have any negative balance in any WPCU share account, or have caused WPCU a financial loss of any kind. The applicable dividend rate is paid monthly in a Tiered Method, based on the average daily balance in the account for the dividend period. Example: As of 1/1/13, based on an average daily balance of $1,000.00, a dividend rate of 2.96% will be paid only on the portion of the average daily balance that was greater than $0.00 but less than $500.01. The APY for this tier would be 3.00%. A dividend rate of 0.08% will be paid only on the portion of the average daily balance that is $500.01 to $1,000.00, with a combined APY of 1.53%. The actual APY paid to the share will vary depending on the average daily balance in the share for the dividend period.
**Must have active checking account - one in which at least 4 qualifying transactions per month are made, including online bill pay transactions, ACH deposits and withdrawals, debit card transactions, point of sale transactions, and cleared drafts.