Dividend/Interest Rate of Money Market Shares

Acct Code

Description

Tip for pulling data stored in CU*BASE

532

The interest rate of money market shares paid as of the last day of the reporting period. If more than one rate applies, use the most common rate according to the dollar volume of business.

This account code was removed by the NCUA in March 2022.

You can obtain the current dividend base rate from the Rate Inquiry feature on CU*BASE.

Another method is to review the dividend rate history  from Tool #596 Portfolio Analysis - Savings.