Rates & Fees



The rates, fees, and terms applicable to your account at the Credit Union are provided in this Truth-In-Savings Disclosure. The Credit Union may offer other rates for these accounts from time to time.


Type of Savings


Annual Percentage Yield

Share Account .25% .25%
Share Insurance .25% .25%
Christmas Club 1.00% 1.00%
Vacation Club 1.00% 1.00%
IRA Account 2.00% 2.00%
Share Draft Account .15% .15%



Share Account Share Insurance

Christmas Club Vacation Club

IRA Account

Share Draft Account


Dividend Rate / Annual Percentage Yield          
Dividends Compounded Quarterly Quarterly Quarterly Monthly
Dividends Credited Quarterly Quarterly Quarterly Monthly
Dividend Period Calendar Quarter Calendar Quarter Calendar Quarter Calendar Month

Minimum Opening Deposit $ 25.00
Plus $1 Membership Fee
--- --- $ 100.00
Minimum Balance to Avoid a Service Fee --- --- --- ---
Minimum Balance to Earn the Stated APY $ 100.00 --- --- $ 200.00
Balance Method Daily Balance   Daily Balance Daily Balance Daily Balance

See Section 6 below. --- Account withdrawal limitations apply. --- ---  


Except as specifically described, the following disclosures apply to all of the accounts. All accounts described in this Truth-In-Savings Disclosure are share accounts.

  1. Rate Information. Rates may vary after the account is opened.  The Annual Percentage Yield 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. For all accounts, the Dividend Rate and Annual Percentage Yield may change quarterly by the Credit Union's Board of Directors. The Dividend Rates and Annual Percentage Yields are the prospective rates and yields that the Credit Union anticipates paying for the applicable dividend period.

  2. Nature of Dividends. Dividends are paid from current income and available earnings after required transfers to reserves at the end of the dividend period.

  3. Dividend Compounding and Crediting. The compounding and crediting of dividends and dividend period applicable to each account are set forth in the Rate Schedule. The Dividend Period is the period of time at the end of which an account earns dividend credit. The Dividend Period begins on the first calendar day of the period and ends on the last calendar day or the period.

  4. Accrual of Dividends. For all accounts, dividends will begin to accrue on non-cash deposits (e.g. checks) on the business day you make the deposit to your account.  For Share and Share Draft accounts, if you close your account before accrued dividends are credited, accrued dividends will not be paid.

  5. Balance Information. The minimum balance requirements applicable to each account are set forth in the Rate Schedule. For Share and Share Draft accounts, there is a minimum daily balance required to obtain the Annual Percentage Yield for the dividend period.  If the minimum daily balance is not met, you will not earn the stated Annual Percentage Yield.  For all accounts using a Daily Balance method, dividends are calculated by applying a daily periodic rate to the principal in the account each day.

  6. Account Limitations. For a Christmas Club account, the entire balance will be paid to you by check or transferred to another account of yours on or after October 1 and the account will remain open.  If you withdraw any of the account balance at any time, we may impose a fee of all accrued, uncredited dividends on the account and your account will be closed.  For Vacation Club accounts, two (2) withdrawals allowed two times a year between January 1 and December 31, after which a fee will be charged.  You may make transfers or withdrawals in the first seven (7) days after the account is opened without restriction.  For Share, IRA, and Share Draft accounts, no account limitations apply..


Share Account Fees

Christmas Club Early Withdrawal fee:

All accrued, uncredited dividends

Vacation Club Excessive Withdrawal fee:

$ 20.00

Share Draft Account Fees

Overdraft fee

$ 20.00 per item

Stop Payment fee

$ 10.00 per request

Share Draft Printing fee

Prices may vary depending upon style

Drafts Cleared fee

$ .25 per draft over forty-five (45) cleared

Copy of Cancelled Draft

$ 1.00 per draft

Other Fees

Manual Transfer Fee

$ 2.00

IRA fee

$ 2.00 per new account

Deposited Check Return fee

$ 5.00

ATM First Time and Replacement fee

$ 5.00

Activity Printout fee

$ .50


$ .50 per page

Fax transmissions

$ .50 per page

Money Orders/Cashier's Checks

$ 1.25 per check

Atira Pre-Paid Card

$ 2.00 per card up to $750.00

Domestic Wire Transfers, Outgoing

$ 15.00

Foreign Wire Transfers, Outgoing

$ 70.00

Return Address Change

$ 1.00

Share Value/Membership Fee

Par Value of one share

$ 5.00, minimum of 25.00

Membership fee

$ 1.00

Certificate Accounts
5 Star Community Credit Union
100 South Cherry Street
Mt. Pleasant, IA 52641-0029
(319) 385-4914
Copyright CUNA Mutual Group, 1993, 2004

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