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Savings Account Rates
Reach new heights with our competitive Savings rates.
- Working in your best interest
Take a steady, disciplined approach
7 17 Credit Union provides banking services in the greater Warren, Kent, Ravenna, Canton, and Youngstown, OH. Our savings rates help members strengthen their financial future.
Savings Accounts
| Account | Min. Balance to earn APY | Dividend Rate | APY* |
|---|---|---|---|
| Membership Savings | $50 to earn dividends | .08% | .08% |
| Youth Startup Savings Account*** | $.01 to earn dividends | 6.985% | 7.17% |
| Easy Savings | $50 to earn dividends | .08% | .08% |
| Christmas Club | $50 to earn dividends | .08% | .08% |
| IRA Savings Accounts | $50 to earn dividends | .08% | .08% |
| Business Savings** | $50 to earn dividends | .08% | .08% |
DISCLOSURE:
*1. Rates. ANNUAL PERCENTAGE YIELD (APY) is a percentage rate that reflects the total amount of dividends to be paid on an account based on the Dividend Rate and frequency of compounding for an annual period. The Dividend Rate and Annual Percentage Yield are variable and may change at any time after an account is opened at the discretion of the Credit Union. Rates are accurate as of the date above.
2. Compounding and Crediting. Dividends will be compounded and credited quarterly.
3. Balance Computation Method. Dividends are calculated by the Daily Balance Method, which applies a daily periodic rate to the balance in your account each day. Dividends will begin to accrue on both cash and noncash deposits (e.g., checks) on the business day you deposit such items to your account.
4. Fees could reduce earnings. Contact Seven Seventeen for more information about current rates, terms and fees.
**See Business Service Charge schedule for a list of fees and charges that may be assessed against your account. Fees not available in this account may be deducted from other accounts you have in this Business name.
***Youth Startup Savings Account must be opened in a branch; not available online. Limit one Youth Startup Account per member. Upon the accountholders 18th birthday, the Youth Startup Savings account funds on deposit will be automatically transferred to their 7 17 primary membership savings account. Contact us for complete details about this account.
