Your Money Will See a Lot of Action.

Our competitive deposit rates help your savings grow faster—whether you’re building an emergency fund, planning a big purchase, or preparing for the future. With Frontwave Credit Union, your money works harder every day, putting checking and savings deposits to work for members in California and beyond.

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.
  • Rates Effective April 1, 2026

Checking Account Rates

Effective Date: April 1, 2026
Type of Account
Dividend Rate
Annual Percentage Yield
Elite Plus 0.25% 0.25%
Dividend* 0.05% 0.05%
Disclaimers

*Legacy Dividend Checking is a dividend-bearing account no longer available for new enrollment.

Savings Account Rates

Effective Date: April 1, 2026
Type of Account
Dividend Rate
Annual Percentage Yield
Share Savings 0.05% 0.05%
Teen Savings 0.05% 0.05%
Student Savings 0.05% 0.05%
Disclaimers

$5 minimum opening deposit.

Minimum daily balance of $100 required to earn dividends.

Business Checking Account Rates

Effective Date: April 1, 2026
Type of Account
Dividend Rate
Annual Percentage Yield
Dividend Business 0.01% 0.01%

Business Savings Account Rates

Effective Date: April 1, 2026
Type of Account
Dividend Rate
Annual Percentage Yield
Business Savings 0.05% 0.05%

Money Market & Money Market IRA Rates

Effective Date: April 1, 2026
Balance Needed to Earn Dividends
Dividend Rate
Annual Percentage Yield
$0 to $9,999 0.05% 0.05%
$10,000 to $24,999 0.05% 0.05%
$25,000 to $49,999 0.20% 0.20%
$50,000 to $99,999 0.30% 0.30%
$100,000 to $249,999 0.80% 0.80%
$250,000 to $499,999 1.00% 1.00%
$500,000 to $999,999 1.49% 1.50%
$1,000,000 and above 1.74% 1.75%
Disclaimers

$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Funds may be withdrawn at any time without penalty, except loss of dividends, if you close your account before dividends are paid. Fees may reduce earnings. There is no minimum balance required to earn dividends.

Money Market IRAs are subject to IRS rules, including contribution limits and potential tax penalties. Consult a tax advisor.

Individual Retirement Accounts & Roth Individual Retirement Account Rates

Effective Date: April 1, 2026
Minimum Deposit
Dividend Rate
Annual Percentage Yield
$50.00 0.05% 0.05%
Disclaimers

Additional contributions may be made at any time.

There is no minimum balance to earn dividends.

IRA and Roth IRA accounts are subject to IRS rules, including contribution limits and potential tax penalties. Consult a tax advisor.

Share Certificates

Effective Date: April 1, 2026
Term
Dividend Rate
Annual Percentage Yield
6-Month 3.590% 3.65%
12-Month 3.542% 3.60%
18-Month 3.203% 3.25%
2-Year 2.960% 3.00%
3-Year 2.227% 2.25%
4-Year 2.227% 2.25%
5-Year 2.227% 2.25%
Disclaimers

Minimum Deposit/Balance - $1,000

Early withdrawal or account closure is subject to a penalty equal to the greater of the following: 7 days of dividends if withdrawn within the first seven days of account opening, including the date; or a term-based penalty of 90 days (6 months), 180 days (12-24 months), or 365 days (36-60 months) of dividends. Upon maturity, the certificate automatically renews at the current rate and closest standard term, unless you choose another option. You can withdraw funds without penalty during the 7-day grace period beginning on your maturity date.

Must be a Member or qualify for membership to open a certificate. Rates and terms subject to change without notice.

IRA/Roth IRA Share Certificate Rates

Effective Date: April 1, 2026
Term
Dividend Rate
Annual Percentage Yield
6-Month 3.445% 3.50%
12-Month 3.397% 3.45%
18-Month 3.057% 3.10%
2-Year 2.813% 2.85%
3-Year 2.080% 2.10%
4-Year 2.080% 2.10%
5-Year 2.080% 2.10%
Disclaimers

Minimum Deposit/Balance - $1,000

Early withdrawal or account closure is subject to a penalty equal to the greater of the following: 7 days of dividends if withdrawn within the first seven days of account opening, including the date; or a term-based penalty of 90 days (6 months), 180 days (12-24 months), or 365 days (36-60 months) of dividends. Upon maturity, the certificate automatically renews at the current rate and closest standard term, unless you choose another option. You can withdraw funds without penalty during the 7-day grace period beginning on your maturity date.

Must be a Member or qualify for membership to open a certificate. Rates and terms subject to change without notice.

IRA and Roth IRA certificates are subject to IRS rules, including contribution limits and potential tax penalties. Consult your tax advisor.

Savers Certificate Rate

Effective Date: April 1, 2026
Term
Dividend Rate
Annual Percentage Yield
6-Month 0.55% 0.55%
1-Year 5.366% 5.50%
2-Year 0.85% 0.85%
3-Year 0.95% 0.95%
Disclaimers

Opening deposit $100 minimum, $1,000 maximum. Minimum daily balance of $100 required to earn dividends.

Monthly deposits between $10 (minimum) and $1000 (maximum). Automatic deposits must be the same amount each month for the full term.

Early withdrawal or account closure is subject to a penalty equal to the greater of the following: 7 days of dividends if withdrawn within the first seven days of account opening including the date the account was opened; or a term-based penalty of 90 days (6 months), 180 days (12-24 months), or 365 days (36 months) of dividends.

Must be a Member or qualify for membership to open a certificate. Rates and terms subject to change without notice.

Military Savers Certificate Rates

Effective Date: April 1, 2026
Term
Dividend Rate
Annual Percentage Yield
6-Month 0.80% 0.80%
1-Year 5.366% 5.50%
2-Year 1.09% 1.10%
3-Year 1.19% 1.20%
Disclaimers

Available only to eligible active duty, reservists, retired military, or veteran Members and their spouses.

Opening deposit $100 minimum, $1,000 maximum. Minimum daily balance of $100 required to earn dividends.

Monthly deposits between $10 (minimum) and $1000 (maximum). Automatic deposits must be the same amount each month for the full term.

Early withdrawal or account closure is subject to a penalty equal to the greater of the following: 7 days of dividends if withdrawn within the first seven days of account opening including the date the account was opened; or a term-based penalty of 90 days (6 months), 180 days (12-24 months), or 365 days (36 months) of dividends.

Must be a Member or qualify for membership to open a certificate. Rates and terms subject to change without notice.

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