High-Yield Options
Wheelhouse Credit Union’s high-yield term Certificates and IRAs are perfect for those looking for an opportunity to earn more on their deposits.
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Terms |
$500 - $9,999 |
$10,000 - $89,999 |
$90,000 - $500,000 |
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Rates effective as of September 15, 2023 *APY = Annual Percentage Yield. Your Certificate will automatically renew at maturity for the same time period as the original term at the prevailing rate. The rate contracted for Certificates remains in effect for the entire term of the Certificate. The APY for Certificates assumes principal and dividends paid quarterly remain on deposit until maturity. If the dividends are withdrawn prior to maturity, the APY will be lower. Dividends withdrawn from IRAs may be considered a taxable distribution. Please consult a tax advisor. A penalty may be imposed for withdrawals made before maturity. Fees could reduce earnings on the account. Minimum daily balances must be maintained to earn dividends and avoid closure. See your account disclosure for full details. Upon maturing, a promotional 11-month and promotional 8-month Certificate will automatically rollover to a non-promotional 12-month Certificate, and a promotional 15-month Certificate will roll into a non-promotional 18-month Certificate at the current APY. 1All new money required for the 4-month, 8-month, 11-month and 15-month Certificate promotion with a minimum opening balance of $500 and a maximum deposit of $500,000. Upon maturing, a promotional 4-month Certificate will roll into a non-promotional 6-month Certificate, a promotional 8-month Certificate will roll into a non-promotional 12-month Certificate, a promotional 11-month Certificate will roll into a non-promotional 12-month Certificate and a promotional 15-month Certificate will roll into a non-promotional 18-month Certificate at the current APY* See Product Details |
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Terms |
$500 - $9,999 Dividend Rate |
APY* |
$10,000 - $89,999 Dividend Rate |
APY* |
$90,000 - $500,000 Dividend Rate |
APY* |
|
Terms 15 months1 |
$500 - $9,999 4.81% |
4.90% |
$10,000 - $89,999 4.81% |
4.90% |
$90,000 - $500,000 4.81% |
4.90% |
|
Terms 11 months1 |
$500 - $9,999 5.15% |
5.25% |
$10,000 - $89,999 5.15% |
5.25% |
$90,000 - $500,000 5.15% |
5.25% |
|
Terms 8 months1 |
$500 - $9,999 3.70% |
3.75% |
$10,000 - $89,999 3.70% |
3.75% |
$90,000 - $500,000 3.70% |
3.75% |
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Terms 4 months1 |
$500 - $9,999 2.48% |
2.50% |
$10,000 - $89,999 2.48% |
2.50% |
$90,000 - $500,000 2.48% |
2.50% |
|
Terms |
$500 - $9,999 |
$10,000 - $89,999 |
$90,000+ |
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|---|---|---|---|---|---|---|
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Rates effective as of September 15, 2023 *APY = Annual Percentage Yield. Your Certificate will automatically renew at maturity for the same time period as the original term at the prevailing rate. The rate contracted for Certificates remains in effect for the entire term of the Certificate. The APY for Certificates assumes principal and dividends paid quarterly remain on deposit until maturity. If the dividends are withdrawn prior to maturity, the APY will be lower. Dividends withdrawn from IRAs may be considered a taxable distribution. Please consult a tax advisor. A penalty may be imposed for withdrawals made before maturity. Fees could reduce earnings on the account. Minimum daily balances must be maintained to earn dividends and avoid closure. See your account disclosure for full details. 43-month term not available on IRA Certificates. See Product Details |
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|
Terms |
$500 - $9,999 Dividend Rate |
APY* |
$10,000 - $89,999 Dividend Rate |
APY* |
$90,000+ Dividend Rate |
APY* |
|
Terms 60 months |
$500 - $9,999 3.94% |
4.00% |
$10,000 - $89,999 3.94% |
4.00% |
$90,000+ 3.94% |
4.00% |
|
Terms 36 months |
$500 - $9,999 4.18% |
4.25% |
$10,000 - $89,999 4.18% |
4.25% |
$90,000+ 4.18% |
4.25% |
|
Terms 24 months |
$500 - $9,999 3.94% |
4.00% |
$10,000 - $89,999 3.94% |
4.00% |
$90,000+ 3.94% |
4.00% |
|
Terms 18 months |
$500 - $9,999 4.52% |
4.60% |
$10,000 - $89,999 4.52% |
4.60% |
$90,000+ 4.52% |
4.60% |
|
Terms 12 months |
$500 - $9,999 4.43% |
4.50% |
$10,000 - $89,999 4.43% |
4.50% |
$90,000+ 4.43% |
4.50% |
|
Terms 6 months |
$500 - $9,999 2.97% |
3.00% |
$10,000 - $89,999 2.97% |
3.00% |
$90,000+ 2.97% |
3.00% |
|
Terms 3 months4 |
$500 - $9,999 0.30% |
0.30% |
$10,000 - $89,999 0.30% |
0.30% |
$90,000+ 0.30% |
0.30% |
You Have Options
Choose from a variety of high-yield options.
Certificates
Have a Craving for Saving?
Open a Certificate for short or long-term savings.
Money Markets
High-Yield Savings with Easy Access
Earn more than a traditional savings account while still enjoying easy access to your funds.
IRA Certificates
Safe and Steady Savings
Open a Roth or Traditional IRA Certificate to boost your retirement savings.
FIND THE HIGH-YIELD SAVINGS THAT FITS YOU BEST
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Best if you want:
Best if you want:
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Minimum opening balance
Minimum opening balance
Certificate
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Best if you want:
To earn higher dividends without immediate access to your funds
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Minimum opening balance
$500
Money Market
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Best if you want:
Easy access to your funds
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Minimum opening balance
$1,000
IRA
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Best if you want:
To save for retirement
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Minimum opening balance
$25 in a Daily IRA, or $500 with a Term IRA
How Much Can My Certificate Earn?
Certificates
Our certificates allow you to earn a higher rate than a regular savings account. Whether your certificate matures in 3 months or 5 years, you’ll enjoy a good return.
- Terms from 91 days to 5 years, for greater flexibility and management of your funds
- Tiered accounts ($500, $10,000 and $90,000) let you earn greater dividends with higher balance
- Dividends calculated daily, compounded and paid quarterly
- A penalty may be imposed for early withdrawals
Money Market Account
Earn higher dividends and gain flexibility. Our money market account combines easy access to your funds with the added bonus of earning higher dividends.
- Unlimited deposits and up to six withdrawals of $500 or more each month
- Tiered accounts ($1,000, $10,000, $25,000, $50,000 and $90,000) let you earn greater dividends with higher balance
- No monthly service charges
- Dividends are calculated daily, compounded and paid monthly
Traditional IRA
Individual Retirement Accounts are a great way to save money for retirement. With a traditional IRA, your contributions are often tax-deductible and you accumulate earnings tax-deferred.
- Set up automatic deposits for a convenient way to set aside retirement funds
- Daily account or terms ranging 26 weeks to five years
- Tiered accounts let you earn greater dividends with higher balance
- Earnings grow tax-deferred until withdrawn, and your contributions may be tax deductible
Roth IRA
Enjoy financial flexibility and tax-free income in your retirement. Your contributions to a Roth IRA are never tax-deductible, but your money can be withdrawn tax-free.
- Set up automatic deposits for a convenient way to set aside retirement funds
- Daily account or terms ranging 26 weeks to five years
- Tiered accounts let you earn greater dividends with higher balance
- Continue making deposits after age 70 ½
- Enjoy tax-deferred earnings and withdrawals if the account is open for 5 tax years and withdrawals are made for a qualified reason
Ready to open a Wheelhouse Certificate or Money Market Account?
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Disclosures
Wheelhouse reserves the right to make changes any time without notice as a result of change in policy, law or regulation. For additional rates and tiers, click here.
IRA deposits are federally insured to at least $250,000 by the NCUA, a U.S. Government agency. Please consult your tax advisor regarding any IRA account.