The Indianhead Credit Union Classic Account is a Money Market Account. The dividend rate and APY may change monthly; the rates are determined by the Credit Union Board of Directors. The minimum balance to open a Classic Account is $5,000.00. You must maintain a minimum daily balance of $5,000.00 in the account to obtain the disclosed annual percentage yield.
The Classic Account has transaction limitations. During any month, you may make six withdrawals or transfers to another credit union account of yours or to a third party by means of a pre-authorized debit, automatic transfer, or a telephone request; free of charge. No more than three of the six transfers may be made by check, draft, or debit card, if applicable, or similar order to a third party. If more than six withdrawals or transfers out of the account are made during any month, a $5.00 charge will be assessed for each withdrawal after the sixth.
For additional important information, check our Statement Savings Accounts Rate and Fee Schedule for Truth in Savings information and the Membership and Account Agreement for other terms and conditions.
*Rates are subject to change at any time without notice.