(718) 806-1519 • info@everestfcu.org • 7418 37th Rd. Jackson Heights, NY 11372

Savings Rates

Loan Rates Effective as of: 10/01/2020 Including promotional rate. *APY = Annual Percentage Yield

Share Accounts

TypeEFCU Promo Rate* up to $5,000EFCU Promo Rate* Up to $10,000EFCU Promo Rate** Above $10,000
Regular Share AccountsTBDTBDTBD

Savings Accounts

Pandemic Recovery PROMO

EFCU Promo Rate* up to $5,000

0.85%

EFU Promo Rate** $5 – $10k

0.4000%

EFU Promo Rate*** above 10k

0.15%

**** The Maximum Deposit up to $10,000 only. Other Condition Applies!

TypeDetailsEFCU Promo Rate* up to $5,000EFCU Promo Rate** Up to $10,000EFCU Promo Rate*** Above $10,000
Regular Saving AccountRegular Saving0.55%0.35%0.10%
Minor Saving A/CBal Bachat0.90%0.40%0.25%
Youth Saving A/CYuva Bachat0.80%0.30%0.20%
Mother Saving A/CGrihini / Ama Bachat0.80%0.30%0.20%
Retirement IRA Saving A/CAwakash Bachat0.90%0.40%0.25%

Draft (Checking) Accounts

TypeEFCU Promo Rate* up to $5,000EFCU Promo Rate** Up to $10,000EFCU Promo Rate*** Above $10,000
Everest Base Camp0.00%0.00%0.00%
Everest Second Base Camp0.00%0.00%0.00%
Everest Third Base Camp0.05%0.05%0.00%
Summit of Everest0.10%0.075%0.00%

Certificate of Deposits

TermEFCU Promo Rate* up to $5,000EFCU Promo Rate** Up to $10,000EFCU Promo Rate*** Above $10,000
6 months1.10%0.45%0.00%
12 months1.20%0.50%0.00%
24 months1.30%0.55%0.00%
36 months1.40%0.60%0.00%

Notes:
Share Account – EFCU Regular Share   -dividend to be decided (TBD) once EFCU is in Profit Share Account -EFCU Special Share     -dividend to be decided (TBD) once EFCU is in Profit

Disclosures
Entrance Fee: One time entrace fee $25.00 applies to become a member.
EFCU Promo Rate: This rate will be available only for promotional period. And, only for members whose deposit balance less than or equal to $5,000 EFCU Promo Rate: This rate will be available only for promotional period. And, applies for members whose deposit balance between $5,000 up to $10,000 Certificate of Deposit

Renewal: Seven-days grace period is provided after the maturity of the products that we offer to renew or change accounts or the product types.

Penalty: Penalties may be imposed for early withdrawal. Last 6 months’s earned interest or a flat fee of $50 whichever is lower.

Youth Savings Account: The accountholder must be 18 or younger. At age 19, the youth account will earn the daily dividend rate as determined on the standard Share Savings Account on the entire balance.

Pandemic Saving PROMO*: First come first basis! 1 year term required! Maximum allowed upto $10,000 per member basis! Must become an EFCU member!