Savings Rates

Deposit Account Rates



Accounts Rate APY* Minimum Balance
Savings Account 0.10% 0.10%
$5.00 or more
Christmas Account 0.10% 0.10% No Minimum Required
Vacation Accounts 0.10% 0.10% No Minimum Required
IRA Share Accounts 0.20% 0.20% No Minimum Required

Ultimate Dividend Checking Rates


Effective Date: 4/1/2025

Balances Rate APY*
$.01 - $10,000 3.20% 3.25%
>$10,000 0.25% 3.25%- 0.53%

The base rate for accounts that do not meet the qualifications will be .05% APY*. For details, click here. All rates subject to change.



Money Market Account Rates


Effective Date: 4/1/2025

Minimum Balance Required to Earn Rate Rate APY*
$2,500 - $9,999 0.10% 0.10%
$10,000 - $24,999 0.20% 0.20%
$25,000 - $49,999 0.30% 0.30%
$50,000 - $99,999 0.40% 0.40%
$100,000 and up 0.45%
0.45%

Money Market rates are variable and subject to change monthly. Money Market Accounts may incur a fee for low balances and other conditions per our Truth-In-Savings Disclosure as disclosed in your Membership Agreement. Fees may reduce earnings. For details, click here. 



Certificate Account Rates


Effective Date: 4/1/2025
Term Rate APY* Minimum Balance Early Withdrawal Penalty
90 Days 0.10% 0.10% $500.00 3 Months Dividend
180 Days 4.41% 4.50% $500.00 3 Months Dividend
12 Months

 4.17% 4.25% $500.00 3 Months Dividend
24 Months 2.72% 2.75% $500.00 3 Months Dividend
36 Months 2.47% 2.50% $500.00 3 Months Dividend
Early withdrawal penalties on Certificate Accounts as outlined in our Truth-in-Savings Disclosure may apply. For details about our Certificates, click here.



Individual Retirement Account (IRA) Certificate Rates


Effective Date: 4/1/2025
Term Rate APY* Minimum Balance Early Withdrawal Penalty
12 Months 4.17% 4.25% $500.00 3 Months Dividend
24 Months 2.72% 2.75% $500.00 3 Months Dividend
36 Months 2.47% 2.50% $500.00 3 Months Dividend
Early withdrawal penalties on Certificate Accounts as outlined in our Truth-in-Savings Disclosure may apply. IRA Certificate rates are subject to change. For details on our IRAs, click here.



Jumbo Certificate Rates 


Effective Date: 4/1/2025
Term Rate APY* Minimum Balance Early Withdrawal Penalty
6 Month Jumbo  N/A  N/A N/A N/A
12 Month Jumbo 

 4.17% 4.25% $50,000.00 3 Months Dividend
24 Month Jumbo 2.72% 2.75% $50,000.00 3 Months Dividend
36 Month Jumbo 2.47% 2.50% $50,000.00 3 Months Dividend
Early withdrawal penalties on Certificate Accounts as outlined in our Truth-in-Savings Disclosure may apply. Jumbo Rates are subject to change. You may invest amounts as low as $50,000.  For details, click here.


*APY = Annual Percentage Yield. All rates and terms are subject to change. Dividends are compounded and credited monthly. Fees and early withdrawal penalties may reduce earnings. Refer to your New Horizons Credit Union's Membership & Account Agreement and Truth in Savings Rate & Fee Schedule for product details; or contact the Credit Union direct for the most current rate, term, fee, and disclosure information on all our account types at 251-316-3240 or by visiting any branch.  Branch appointments to open accounts may be conveniently scheduled online at NewHCU.org/appointments.   Membership is required.

 If your account is closed before dividends are paid, you may not receive the accrued dividends. To avoid a loss of dividends, please keep your account open with the minimum balance until the first business day of the following month or until your term matures depending on the type of deposit account and its requirements.