Deposit Rates

Reach Your Savings Goals

Whether you're trying to save for a big screen television, a new car, or for a down payment on a new home, time, money and rate of return will all determine when you'll meet your savings goal.  Let us help you get there. Use our calculators to find out how you can reach your goals faster!
 

Bank Calculators

Get the Rate You Deserve

Nothing is more valuable to us than our members.  That’s why we offer competitive, money-earning rates on all of our deposit products.  Let us help you reach your savings goals faster.

All rates current as of November 2016  -  Fees could potentially reduce account earnings.
PRODUCT RATE APY* TERM
Simple Savings Account1 .10% .10%  
IRA Savings Account2 .25% .25%  


*APY = Annual Percentage Yeild
1. Dividends will not be posted if the account is closed before the monthly dividend is posted. Minimum balance to earn stated APY = $100.00. Minimum deposit of $5.00 required at account opening.
2. Dividends will not be posted if the account is closed before the monthly dividend is posted. Minimum deposit of $250.00 required at account opening.

PRODUCT BALANCE RATE APY*
MMA - Tier I $100.00 - $2,499.99 .10% .10%
MMA - Tier II $2,500.00 - $9,999.99 .20% .20%
MMA - Tier III $10,000.00 - $49,999.99 .35% .35%
MMA - Tier IV $50,000.00 - $99,999.99 .40% .40%
MMA - Tier V $100,000.00 and above .40% .40%


*APY = Annual Percentage Yeild
Please Note: Dividends will not be paid if the account is closed before the monthly dividend is posted. APY for MMAs are variable rate.  All rates subject to change.
PRODUCT RATE APY*
Summer Club .10% .10%
Holiday Club .10% .10%
Milestone Club .10% .10%


*APY = Annual Percentage Yield
Please Note: Dividends will not be posted if the account is closed before the monthly dividend is posted. Average balance must be $100.00 during the month.
PRODUCT RATE APY*
Simple Checking Account .10% .10%


*APY = Annual Percentage Yield
Please Note: Dividends paid if the average daily balance is at or above $1,500.00
PRODUCT RATE APY* TERM
Certificate Account .40% .40% 6 Months
  .60% .60% 12 Months
  .80% .80% 18 Months
  1.19% 1.20% 24 Months
  1.49% 1.50% 36 Months
  1.69% 1.70% 48 Months
  1.99% 2.00% 60 Months


APY = Annual Percentage Yield
Please Note:  All Certificate Accounts require a minimum deposit of $1,000.00 at account opening. We may impose a penalty if you withdraw funds from your account before the maturity date. The amount of early withdrawal penalty is based on the term of your account.
PRODUCT RATE APY* TERM
Certificate Account .40% .40% 6 Months
  .60% .60% 12 Months
  .80% .80% 18 Months
  1.19% 1.20% 24 Months
  1.49% 1.50% 36 Months
  1.69% 1.70% 48 Months
  1.99% 2.00% 60 Months


APY = Annual Percentage Yield
All certificates require a minimum deposit of $1,000.

Everyday Banking

Many bank customers are becoming increasingly frustrated with the litany of fees their banks are charging, as well as the difficulties often associated with obtaining a loan. Riverset Credit Union represents an alternative and provides solutions to common complaints about other banking institutions. Not for profit, not for charity, but for service. Bring your Direct Deposit to a Riverset Simple Checking account and simplify your banking.

Learn More

I have abandoned traditional banks. I only use credit unions, primarily Riverset. The shared banking option is perfect for when I am traveling.

Carol