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Share Rates as of January 1, 2012
Share Certificate Rates as of February 1, 2012
SHARE RATES
Share/Savings Accounts
| Account Type |
Dividend
Rate
|
APY*
|
Minimum
Balance
|
|
Share / Savings
|
0.20%
|
0.20%
|
$5.00
|
| Share Draft / Checking |
0.10%
|
0.10%
|
none
|
| Club Accounts |
0.20%
|
0.20%
|
none
|
| IRA's (Individual Retirement Accounts) |
0.50%
|
0.50%
|
none
|
*APY = Annual Percentage Yield
All rates subject to change without notice.
Money Market Accounts
| Money Market Accounts |
Dividend
Rate
|
APY*
|
| Tier 1 - $2,500 - $9,999 |
.30%
|
.30%
|
| Tier 2 - $10,000 - $49,999 |
.35%
|
.35%
|
| Tier 3 - $50,000 - $99,000 |
.45%
|
.45%
|
| Tier 4 - $100,000 + |
.55%
|
.55%
|
Rate Effective September 1, 2011
*APY = Annual Percentage Yield. Money Market accounts require a minimum deposit of $2,500.00 to open the account. Money market rates increase at the following tiers: $10,000 - $50,000 - $100,000+. Dividends are calculated and paid monthly based on the average daily balance during the month. Dividends post to the Money Market account.
All rates subject to change without notice.
Share Certificates
| Share Certificate Term |
Dividend
Rate
|
APY*
|
Minimum Balance
|
| 12 Month |
.65%
|
.65%
|
$500
|
| 18 Month |
.70%
|
.70%
|
$500
|
| 24 Month |
.90%
|
.90%
|
$500
|
| 36 Month |
1.25%
|
1.25%
|
$500
|
| 48 Month |
1.60%
|
1.60%
|
$500
|
| 60 Month |
2.05%
|
2.05%
|
$500
|
*APY = Annual Percentage Yield. Share Certificate rates are fixed at time of purchase. Dividends do not compound on the share certificate. Dividends are paid into member's primary share (01) account. Credit Union may impose a penalty for early withdrawal.
All rates subject to change without notice.
IRA Share Certificates
| IRA Share Certificate Term |
Dividend
Rate
|
APY*
|
Minimum Balance
|
| 12 Month |
.65%
|
.65%
|
$500
|
| 24 Month |
.90%
|
.90%
|
$500
|
| 36 Month |
1.25%
|
1.25%
|
$500
|
| 48 Month |
1.60%
|
1.60%
|
$500
|
| 60 Month |
2.05%
|
2.05%
|
$500
|
*APY = Annual Percentage Yield. IRA Share Certificate rates are fixed at time of purchase. Dividends do not compound on the IRA share certificate. Dividends are paid into member's IRA accumulation account. Credit Union may impose a penalty for early withdrawal.
All rates subject to change without notice.
Share Savings Accounts:
APY=Annual Percentage Yield.
Regular Share Savings Accounts require a minimum balance of $5.00.
Money Market accounts require a minimum deposit of $2500.00 to open the account and to earn the advertised APY dividend.
Penalty imposed for early withdrawal on Share Certificates and IRA Share Certificates.
All rates are subject to change without notice.
Fees may reduce earnings on the account(s).
Dividends are paid from current income and available earnings after required transfers to reserves at the end of the dividend period.
Rates effective as of the date shown above. All rates are subject to change without notice.
Contact Americo FCU for current rates, applicable terms and fees.
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