The Topeka Police Credit Union is a member owned financial cooperative that pays dividends to members based upon earnings. The Board of Directors declares dividends at its regularly scheduled monthly meeting prior to the end of the quarter in which dividends are to be paid.
First quarter, 01/01/2026 – 03/31/2026 dividends to be paid on 03/31/2026 were determined by the Board of Directors during their monthly meeting in March 2026.
EFFECTIVE 03/03/2026
| Share Accounts | Annual % Rate | Annual % Yield |
|---|---|---|
| Share Draft (Checking) | APR – 0.10% | APY – 0.10% |
| Share Accounts | APR – 0.25% | APY – 0.25% |
| Vacation Club | APR – 0.10% | APY – 0.10% |
| Christmas Club | APR – 0.50% | APY – 0.50% |
EFFECTIVE 03/03/2026
| Kid’s Certificates | Annual % Rate | Annual % Yield |
|---|---|---|
| 6 Month | APR – 4.91% | APY – 5.00% |
| 3 Year Special | Annual % Rate | Annual % Yield |
|---|---|---|
| 3 Year – (U) | APR – 3.94% | APY – 4.00% |
| Share Certificates | Annual % Rate | Annual % Yield |
|---|---|---|
| 3 Month – (C) | APR – 1.99% | APY – 2.00% |
| 6 Month – (B) | APR – 2.97% | APY – 3.00% |
| 12 Month – (A) | APR – 3.46% | APY – 3.50% |
| Special Share Certificate | Annual % Rate | Annual % Yield | |
|---|---|---|---|
| 6 Month – (BB) | $50,000 – $99,999 | APR – 3.46% | APY – 3.50% |
| 12 Month – (AA) | APR – 3.70% | APY – 3.75% | |
| 6 Month – (BBB) | $100,000+ | APR – 3.70% | APY – 3.75% |
| 12 Month – (AAA) | APR – 3.95% | APY – 4.00% |
Minimum Opening Balance
- Share Accounts – $5.00 opening balance
- Share Drafts (Checking) – $25.00 opening balance
- Share Certificates – $500.00
- Kids Share Certificates (Under 18) – $100.00, unlimited deposits allowed
- Christmas Club Accounts – no minimum
- Vacation Club Accounts – no minimum
Method Used To Calculate Dividends
- Share Account – compounded quarterly, $25.00 minimum quarterly average balance
- Share Draft (Checking) – compounded monthly, $5,000.00 minimum average balance
- Share Certificates – compounded quarterly
- Vacation Club – compounded quarterly, $25.00 minimum quarterly average balance
- Christmas Club – Paid annually on 11/01; no dividend paid if funds withdrawn prior to 11/01 of calendar year
Additional Fees
Early Withdrawal Penalties
- Share Certificates – For all certificates 12 months or shorter, a penalty of ninety (90) days’ dividends will be imposed on withdrawal amount before maturity. If withdrawal is less than ninety (90) days from opening date, the penalty will be withdrawn from the principal amount deposited. Contact the credit union for penalty details on certificates longer than 12 months.