Accounts
When you become a member of New Dimensions, you become part of a financial family of financial experts who look to enhance your financial wellbeing by allowing you to keep more in your wallet.
Deposit Rates
Rates effective as of June 1, 2025
As a New Dimensions Federal Credit Union member, you’ll earn better dividends and pay fewer fees than you would at other financial institutions. Let us assist in securing a profitable and healthy financial future for you and your family. From the credit union deposit rates that you’ll receive to the certificate rates in Maine, you can take advantage of improving your financial standing. Let us work for you!
Variable Bank Account Rates
Kasasa Cash, Kasasa Cash Back Accounts & Kasasa Saver
| Account Type | Minimum Opening Deposit | Minimum Balance to Earn Dividends | Dividend Rate | APY* |
|---|---|---|---|---|
| Kasasa Cash | $0 | $0 | 2.47% up to $15,000, .25% over $15,000. | 2.50% - 0.59% blended rate depending on average balance. APY based on $100,000 balance. |
| Kasasa Cash Back | N/A | N/A | 0.00% | 0.00% |
| Kasasa Saver | $0 | $0 | 1.00% up to $25,000, .25% over $25,000. | 1.00% - 0.44% blended rate depending on average balance. APY based on $100,000 balance. |
General Membership Savings Accounts
| Account Type | Minimum Opening Deposit | Minimum Balance to Earn Dividends | Dividend Rate | APY* |
|---|---|---|---|---|
| Regular Savings | $25 | $100 | 0.05% | 0.05% |
| Club Savings | N/A | $100 | 0.05% | 0.05% |
Youth Savings Accounts
| Account Type | Minimum Opening Deposit | Minimum Balance to Earn Dividends | Dividend Rate | APY* |
|---|---|---|---|---|
| Monty Moose Age 0-11 | $5 | $5 | 0.05% | 0.05% |
| Take Charge Age 12-17 | $5 | $25 | 0.05% | 0.05% |
Certificate Savings Account (CSA)
| Balance | Rate for the Tier* | APY* |
|---|---|---|
| $100 to $2,499 | 0.20% | 0.20% |
| $2,500 to $9,999 | 0.20% | 0.20% |
| $10,000 to $49,999 | 0.60% | 0.60% |
| $50,000 or More | 0.80% | 0.80% |
Jumbo Certificate Savings Account (CSA)
| Minimum Balance Required to Earn Dividends | Rate for Tier | Composite APY** |
|---|---|---|
| $100 - $49,999.99 | 0.30% | 0.30% |
| $50,000 - $99,999.99 | 1.50% | 0.30%-0.90% |
| $100,000 - $249,999.99 | 1.60% | 0.90%-1.33% |
| $250,000 - $499,999.99 | 1.85% | 1.33%-1.60% |
| $500,000 & up | 2.05% | 1.60%-1.85% |
**Composite APY for multiple tier split rate accounts
Health Savings Account
| Minimum Opening Deposit | Minimum Balance to Earn Dividends | Dividend Rate | APY* |
|---|---|---|---|
| N/A | $100 | 0.05% | 0.05% |
Coverdell Education Savings Account
| Minimum Opening Deposit | Minimum Balance to Earn Dividends | Dividend Rate | APY* |
|---|---|---|---|
| NA | $100 | 0.05% | 0.05% |
Individual Retirement Account Rates
| Type | Minimum Balance to Open | Minimum Balance to Earn Dividends | Dividend Rate | APY* |
|---|---|---|---|---|
| Traditional IRA | $0.00 | $100 | 0.05% | 0.05% |
| Roth IRA | $0.00 | $100 | 0.05% | 0.05% |
IRA withdrawals may be subject to a federal early withdrawal penalty and federal and state taxation. Call the credit union to obtain a copy of our IRA Trust Agreement and Disclosure.
* APY=Annual Percentage Yield
Certificate Rates
Saving for your future now can make a world of difference later!
Share Certificates
| Term | Minimum Deposit | Dividend Rate | APY* | Dividend Penalty |
|---|---|---|---|---|
| 6 months | $1,000 | 3.50% | 3.56% | 90 days |
| 12 months | $1,000 | 4.00% | 4.07% | 180 days |
| 18 months | $1,000 | 3.85% | 3.92% | 270 days |
| 24 months | $1,000 | 3.85% | 3.92% | 360 days |
| 36 months | $1,000 | 3.50% | 3.56% | 540 days |
| 48 months | $1,000 | 3.30% | 3.35% | 720 days |
| 60 months | $1,000 | 3.05% | 3.09% | 900 days |
Youth Share Certificates
| Type | Term | Minimum Deposit | Dividend Rate | APY* | Dividend Penalty |
|---|---|---|---|---|---|
| Monty Moose (age 0-11) | 12 months | $500 | 4.00% | 4.07% | 180 days |
| Take Charge (age 12-17) | 12 months | $500 | 4.00% | 4.07% | 180 days |
IRA Share Certificates
| Term | Minimum Deposit | Dividend Rate | APY* | Dividend Penalty |
|---|---|---|---|---|
| 6 months | $1,000 | 3.50% | 3.56% | 90 days |
| 12 months | $1,000 | 4.00% | 4.07% | 180 days |
| 18 months | $1,000 | 3.85% | 3.92% | 270 days |
| 24 months | $1,000 | 3.85% | 3.92% | 360 days |
| 36 months | $1,000 | 3.50% | 3.56% | 540 days |
| 48 months | $1,000 | 3.30% | 3.35% | 720 days |
| 60 months | $1,000 | 3.05% | 3.09% | 900 days |
All rates are subject to change at any time, without prior notice, at the discretion of the Board of Directors. Rates may change after the account is opened. Membership eligibility is required.
* APY=Annual Percentage Yield