Deposit Rates

Learn more about how your deposits work for you!

Members of Dupaco are the owners of a not-for-profit financial cooperative. Here's how it works: In the language of credit unions, your savings account is called a "share account." You will "share" that deposit with other Dupaco owners via loans. After we loan out deposited money to other owners, you get a portion of the earnings from interest, proportionate to your deposit. Cool, right?

At Dupaco, your deposits are federally insured for up to $250,000 per qualifying account by the National Credit Union Administration (NCUA), a U.S. government agency. Individual Retirement Accounts (IRAs) are also covered for up to an additional $250,000 per qualifying account. Members with deposits exceeding insured limits can also garner additional coverage through account titling.

Open an account

In addition to opening an account online, you can visit any of our locations, or contact a member service representative at (563) 557-7600 / 800-373-7600, ext. 206.

Interest rate for fixed deposit

Looking for accounts that feature a fixed deposit rate? Consider a term share certificate or term share IRA certificate. Terms vary, and depositors earn a fixed interest rate during that time.

What is the current deposit rate?

Use the tables below to keep current on the deposit rate. For many years, Dupaco has paid an above-market deposit rate. We are proud of this long-time giveback to our loyal savers.

 

Savings Rates

Current as of: 7/27/2017
Saving Program Balance Tier Dividend Rate Annual Percentage Yield1 Min. to Open Min. to Earn
Regular Savings $25,000 and above 0.40% 0.40% $25 $25,000
Regular Savings $10,000-$24,999 0.25% 0.25% $25 $10,000
Regular Savings $2,500-$9,999 0.15% 0.15% $25 $2,500
Regular Savings $100-$2,499 0.10% 0.10% $25 $100
Saving Program Balance Tier Dividend Annual Percentage Yield1 Min. to Open Min. to Earn
Holiday Club Savings n/a 0.40% 0.40% $25 $100
Saving Program Balance Tier Dividend Annual Percentage Yield1 Min. to Open Min. to Earn
Health Savings $25,000 and above 0.45% 0.45% $25 $100,000
Health Savings $10,000-$24,999 0.30% 0.30% $25 $10,000
Health Savings $2,500-$9,999 0.15% 0.15% $25 $2,500
1Savings Rates: Dividends and annual percentage yields (APY) accurate as of the last dividend declaration date. The interest rate and annual percentage yield may change after account opening. Fees could reduce earnings on the account.
*S9 Escrow accounts must be opened and maintained by the credit union for any real estate loan with less than 20% equity. Escrow account dividends are subject to change at any time.

Launchpad Rates

Current as of: 7/27/2017
Saving Program Dividend Rate Annual Percentage Yield1 Account Minimum Balance Account Maximum Balance
Launchpad Savings .40% .40% $5 $1,000
1Launchpad Rate: Dividends and annual percentage yields (APY) accurate as of the last dividend declaration date. The dividend rate and annual percentage yield may change after account opening. Fees could reduce earnings on the account.
Limitations: If there is no deposit to this account in any 90-day period, account will be closed and the funds will be deposited, less the $5, into member's share savings. Once the balance reaches $1,000 you have 90 days to move the funds into a Dupaco, Dupaco Financial Services, or First Community Trust IRA. If the funds are not moved into one of these accounts within 90 days of reaching the $1,000 balance, the account will be closed and the funds will be deposited, less the $5 fee, into member's share savings. A $5 penalty applies for each withdrawal from this account. The penalty is waived if the funds are transferred to an IRA. This is not a retirement account and there are no tax benefits on this account.

Checking Rates

Current as of: 7/27/2017
Account Type Balance Tier Dividend Rate Annual Percentage Yield1 Min. to Open Min. to Earn
Free Checking N/A N/A N/A $50 N/A
1st Rate Checking $100,000 and above 0.30% 0.30% $50 $100,000
1st Rate Checking $25,000-$99,999 0.15% 0.15% $50 $25,000
1st Rate Checking $5,000-$24,999 0.10% 0.10% $50 $5,000
1Checking Rates: Dividends and annual percentage yields (APY) accurate as of the last dividend declaration date. The interest rate and annual percentage yield may change after account opening. Fees could reduce earnings on the account.

       
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