Please note the following changes to our branch hours during this holiday season:
  • Monday, December 24 - Closing early at 1:00pm
  • Tuesday, December 25 - Closed
  • Tuesday, January 1 - Closed
Happy Holidays from our family to yours!
Please note the following changes to our branch hours during this holiday season:
  • Monday, December 24 - Closing early at 1:00pm
  • Tuesday, December 25 - Closed
  • Tuesday, January 1 - Closed
Happy Holidays from our family to yours!

Deposit Rates

Your money will see a lot of action.

Our numbers are in your favor. Frontwave Credit Union takes care of members in California and beyond with account rates that build up savings and put checking deposits to work every day.

Rates Effective December 17, 2018

General Information

  • Dividend and Loan Rates are determined by the Board of Directors and may change without notice.
  • You must maintain a minimum daily balance of $50.00 or have an outstanding loan balance to be an active member.
  • Dividends are calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day.
  • Dividends are calculated daily and compounded and paid monthly.

Share Savings Account

Balance Needed To Earn Dividends Dividend Rate Annual Percentage Yield
$5.00 0.15% 0.15%

Checking Accounts

Type of Account Balance Needed To Earn Dividends Dividend Rate Annual Percentage Yield
Primary
Dividend Plus $5 or more* 0.20% 0.20%
Primary Checking: has no monthly fee and no minimum balance. 
* For additional information refer to the Terms and Conditions disclosure.

Business Checking Accounts

Type of Account Balance Needed To Earn Dividends Dividend Rate Annual Percentage Yield
Primary
Business Dividend $5 or more** 0.01% 0.01%
** For additional information refer to the Business Terms and Conditions disclosure.

Money Market & Money Market IRAs

Balance Needed To Earn Dividends Dividend Rate Annual Percentage Yield
$2,500 to $9,999 0.15% 0.15%
$10,000 to $24,999 0.20% 0.20%
$25,000 to $49,999 0.25% 0.25%
$50,000 to $99,999 0.30% 0.30%
$100,000 or more 0.30% 0.30%
$2,500 minimum opening deposit.
Funds may be withdrawn at any time without penalty, except loss of dividends, if you close your account before dividends are paid.

Individual Retirement Accounts & Roth Individual Retirement Accounts

Minimum Deposit Dividend Rate Annual Percentage Yield
$50.00 0.15% 0.15%
Additional contributions may be made at any time.
Dividends are tax-deferred until withdrawal.
Early withdrawal of funds (before the IRA holder is 59 1/2 years of age) may be subject to penalty.

Share Certificates & IRA Share Certificates

Term Dividend Rate Annual Percentage Yield
6-Month 0.64% 0.65%
1-Year 0.79% 0.80%
2-Year 1.39% 1.40%
3-Year 2.71% 2.75%
4-Year 2.37% 2.40%
5-Year 2.61% 2.65%
Minimum Deposit/Balance - $1,000

Saver Certificates

Term Dividend Rate Annual Percentage Yield
6-Month 0.89% 0.90%
1-Year 1.04% 1.05%
2-Year 1.63% 1.65%
3-Year 2.96% 3.00%
Opening deposit $100 (minimum) to  $500 (maximum)
Monthly deposits between $10 (minimum) to $500 (maximum)

Military Saver Certificates

Term Dividend Rate Annual Percentage Yield
6-Month 1.14% 1.15%
1-Year 2.96% 3.00%
2-Year 1.88% 1.90%
3-Year 3.20% 3.25%
Available for active duty and retired military personnel only
Opening deposit $100 (minimum) to  $500 (maximum)
Monthly deposits between $10 (minimum) to $500 (maximum)
Withdrawal of certificate funds before maturity may be subject to penalties.

Frontwave Credit Union is a full-service San Diego-based financial institution serving anyone living or working in San Diego, Riverside and San Bernardino counties.