Share and Certificate Rates

Share Rates Effective 10/1/13
Dividend Rates are prospective for the period ending 12/31/13

Type of Share

Dividend
Rate

Annual
Percentage Yield

Minimum Balance
To Open Account

Minimum Average Daily Balance to Earn Dividends

Share (regular)

.03

.03

$5.00

$100.00

Trust/Custodian

.03

.03

$5.00

$100.00

Kirby Kangaroo Club

.03

.03

$5.00

$5.00

Special Savings

.03

.03

$5.00

$5.00

Holiday Club

.03

.03

$5.00

$5.00

Escrow Account

.03

.03

$5.00

$100.00

Appreciation Account -Tier 1

.10

.10

$2,500.00

$100.00

Appreciation Account -Tier 2

.15

.15

$10,000.00

$100.00

Appreciation Account -Tier 3

.15

.15

$25,000.00

$100.00

Appreciation Account -Tier 4

.20

.20

$50,000.00

$100.00

Traditional IRA Accumulation

.15

.15

$5.00

$5.00

Roth IRA Accumulation

.15

.15

$5.00

$5.00

Coverdell Education IRA Accumulation

.15

.15

$5.00

$5.00

 

Term Share Certificates Effective 10/29/13
Minimum Balance $1,000.00
Members with an Appreciation Account will earn .25% more than the rates listed below on a 24 or 36 month term share certificate.

Months

6

12

18

24

30

36

48

60

APR

.55

.65

.70

.85

1.00

1.20

1.45

1.60

APY

.55

.65

.70

.85

1.00

1.21

1.46

1.61


Traditional & Roth IRA Term Share Certificates Effective 10/29/13
Minimum Balance $1,000.00

Months

12

24

36

48

60

APR

.75

.95

1.30

1.55

1.70

APY

.75

.95

1.31

1.56

1.71



Education IRA Term Share Certificates Effective 10/29/13
Minimum Balance $500.00

Months

12

24

36

48

60

APR

.75

.95

1.30

1.55

1.70

APY

.75

.95

1.31

1.56

1.71

NOTE:
- All rates are subject to change
- Dividends are paid & compounded quarterly

- Share Draft (checking) does not earn dividends
- Fees could reduce the earnings on an account
- Early withdrawal penalties may be imposed for the following ACMG accounts:
  Appreciation (all tiers), Holiday, Escrow, Term Share Accounts, IRAs

 

At ACMG Federal Credit Union you will find some of the safest and most secure ways to save. Our Market Index Certificates offer the potential to earn higher dividends without the risk of losing your initial investment. Based on the Dow Jones Industrial Average, you'll earn a percentage of the increase if the Dow is higher at maturity than when the certificate was purchased. If the Dow should go lower, you are guaranteed to never lose your initial investment. Members have an opportunity to participate in the stock market without risk, or sales and management fees. Certificates are also insured by the NCUA up to $100,000.

CLICK HERE to contact our office for more details and rates.

Market Index Certificates are available in a 36 or 60 MONTH term
and require only a $500.00 minimum deposit.