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Savings Rates

Listed below are the various savings programs we offer, along with our current rates. Remember, your deposits in New Generations are insured to $250,000 and your IRA accounts to $250,000 by an agency of the Federal Government.

Share and IRA Certificates
Term	Minimum Deposit to Open Account	Minimum Balance to Earn A.P.Y.*	Dividend Rate	Annual Percentage Yield*	Dividend Period
90 day	$1,000	$1,000	0.15%	0.15%	Monthly
6 months	$1,000	$1,000	0.25%	0.25%	Monthly
1 year	$1,000	$1,000	0.45%	0.45%	Monthly
2 years	$1,000	$1,000	0.70%	0.70%	Monthly
3 years	$1,000	$1,000	0.90%	0.90%	Monthly
5 years	$1,000	$1,000	1.25%	1.26%	Monthly
Last Dividend Declaration Date:  4.30.2013
Share Accounts
Type	Minimum Deposit to Open Account	Minimum Balance to Earn A.P.Y.*	Dividend Rate	Annual Percentage Yield*	Dividend Period
Primary Shares	$5	$5	0.00%	0.00%	Monthly
		$200	0.10%	0.10%	Monthly
		$500	0.10%	0.10%	Monthly
		$1,500	0.10%	0.10%	Monthly
Sharedraft/ Checking	$0	N/A	0.00%	0.00%	Monthly
High Yield Checking	$0	$0	0.20%	0.20%	Monthly
Mega Checking	$.01	$.01	0.20%	0.20%	Monthly
Other Shares**	$0	$0	0.10%	0.10%	Monthly
Money Market	$1,500	$1,500	0.10%	0.10%	Monthly
Money Market	$10,000	$10,000	0.20%	0.20%	Monthly
		$25,000	0.30%	0.30%	Monthly
		$50,000	0.40%	0.40%	Monthly
		$100,000	0.45%	0.45%	Monthly
IRA	$0	$0.01	0.30%	0.30%	Monthly

Share accounts are variable rate accounts and as such, the rate is subject to change after the account is opened. The annual percentage yield is accurate as of the last dividend declaration date shown. Fees may reduce earnings on accounts. 

Applicable to share and IRA certificates: A penalty may be imposed for early withdrawal. Rates shown above are subject to change; they are offered rates.

**Other shares means Holiday clubs, Vacation clubs, Insurance accounts, Mortgage Share accounts and Visa Secured shares. 

Contact an employee for more information about applicable fees and terms: 

(804) 359-8754 option 3      (800) 230-4819 option 3 

Revision date 02.28.2013
Rates last changed 01.30.2012