Savings | Carolina Trust Federal Credit Union

Carolina Trust Savings Accounts

Whether you're saving for college, a new house, or your retirement, Carolina Trust offers savings accounts designed with your goals in mind.

Traditional Savings

Provides the security you desire and a competitive dividend rate is paid monthly. Members who have only a savings account should maintain a minimum balance of $100 to earn dividends and avoid fees. Statements are issued quarterly to savings-only members.

Required Minimum Balance	Rate
$25.00	.045% APY*

These rates were last reviewed and/or updated on 10/26/18. *Rates are subject to change monthly without prior notice. Primary Share (Traditional Savings) accounts are subject to an excessive withdrawal fee of $2 if more than four withdrawals are made during a calendar month. Please Note: All savings account withdrawals are subject to Federal Regulation D guidelines. Also, please read the Credit Union's Inactive Account Policy as it pertains to accounts that do not receive a transaction within 12 consecutive months.

Certificates

Fixed Rate The fixed dividend rate increases with a longer term commitment.

Required Minimum Balance	Available Terms
$250.00	3-60 Months

Money Builder For the beginning saver. Monthly deposits are required by payroll deduction, ACH, or direct deposit. The maximum balance is $500.

Required Minimum Balance

Available Terms

$100.00

12 Months

Variable Rate The dividend rate on this certificate may vary depending on the market, and members have the option to add funds to this certificate as often as they prefer.

Required Minimum Balance	Available Terms
$250.00	18 Months

These rates were last reviewed and/or updated on 11/09/18. Certificates may be subject to penalty for early withdrawal. Withdrawals will reduce earnings. Savings rates may change without prior notice. Variable rates are subject to change on the last Thursday of the month and are 0.20% greater than the Fixed Rate 18-month certificate Annual Percentage Yield in effect on the last Thursday of the month.

IRAs

Fixed Rate For retirement savers. The fixed dividend rate increases with a longer term commitment.

Required Minimum Balance	Available Terms
$250.00	6-60 Months

Savings This retirement savings account offers tax benefits*.

Required Minimum Balance	Available Terms
$25.00	N/A

Variable Rate The dividend rate on this certificate may vary depending on the market, and members have the option to add funds to this certificate as often as they prefer.

Required Minimum Balance	Available Terms
$250.00	18 Months

These rates were last reviewed and/or updated on 10/26/18.

Certificates may be subject to penalty for early withdrawal. Withdrawals will reduce earnings. Savings rates may change without prior notice. Variable rates are subject to change on the last Thursday of the month and are 0.20% greater than the Fixed Rate 18-month certificate Annual Percentage Yield in effect on the last Thursday of the month. *Consult your tax advisor regarding IRA contributions.

Christmas Club

This is a wonderful way to save for holiday expenses year round. Funds transfer to your checking or savings account on November 1st. Members who make a Christmas Club withdrawal after the seventh day of account opening will be charged a fee for each withdrawal.

Required Minimum Balance	Rate
$5.00	.25% APY*

These rates were last reviewed and/or updated on 10/26/18. *Rates are subject to change monthly without prior notice.

Please Note: All savings account withdrawals are subject to Federal Regulation D guidelines.

Health Savings Account

This account supplements qualifying high-deductible health plans and allows tax-free withdrawals for plan-approved medical expenses not covered until the high deductible has been met*. HSA balances roll over each year and do not rely on employer contributions.

Required Minimum Balance	Rate
$25.00	.25% APY**

These rates were last reviewed and/or updated on 10/26/18. *Consult your tax advisor regarding HSA contributions. **Rates are subject to change monthly without prior notice. Primary Share (Traditional Savings) accounts are subject to an excessive withdrawal fee of $2 if more than four withdrawals are made during a calendar month. Please Note: All savings account withdrawals are subject to Federal Regulation D guidelines. Also, please read the Credit Union's Inactive Account Policy as it pertains to accounts that do not receive a transaction within 12 consecutive months.

Educational Savings

This is an educational savings account offering tax benefits*. Deposit up to $2,000 per year for each child under 18. You may withdraw money without penalty as long as it is used for higher education.

Required Minimum Balance	Rate
$5.00	.25% APY**

These rates were last reviewed and/or updated on 10/26/18. Withdrawals will reduce earnings. *Consult your tax advisor regarding ESA contributions. **Savings rates may change without prior notice. Please Note: All savings account withdrawals are subject to Federal Regulation D guidelines. Also, please read the Credit Union's Inactive Account Policy as it pertains to accounts that do not receive a transaction within 12 consecutive months.