Midwest America Federal Credit Union
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IRA Rates


Rates effective 11/18/09
*APY = Annual Percentage Yield

Share
IRAs

Min.
Balance
to
Open
Term
Dividend
Rate
Min. Balance
to Earn
Dividends
Dividend
Distribution
APY*
Traditional
Rate Share
IRA
$1.00
Daily
1.01%
$1.00
Monthly
1.01%
Contribution
Roth IRA
$1.00
Daily
1.01%
$1.00
Monthly
1.01%
Conversion
Roth IRA
$1.00
Daily
1.01%
$1.00
Monthly
1.01%
Education
Roth IRA
$1.00
Daily
1.01%
$1.00
Monthly
1.01%


Term
Dividend
Rate
Min. Balance
to Earn
Dividends
Dividend
Distribution
APY*
Share/IRA Certificate
1 week
0.35%
$10,000.00
Maturity
0.35%
Share/IRA Certificate
4 week
0.35%
$10,000.00
Maturity
0.35%
Share/IRA Certificate
91 days
0.60%
$500.00
Maturity
0.60%
Share/IRA Certificate
182 days
0.75%
$500.00
Monthly
0.75%
Share/IRA Certificate
182 days
0.80%
$10,000.00
Monthly/Quarterly
0.80%
Share/IRA Certificate
12 month
1.15%
$500.00
Quarterly
1.15%
Share/IRA Certificate
12 month
1.19%
$10,000.00
Monthly/Quarterly
1.20%
Share/IRA Certificate
18 month
1.44%
$500.00
Quarterly
1.45%
Share/IRA Certificate
18 month
1.49%
$10,000.00
Monthly/Quarterly
1.50%
Share/IRA Certificate
24 month
1.84%
$500.00
Quarterly
1.85%
Share/IRA Certificate
24 month
1.89%
$10,000.00
Monthly/Quarterly
1.90%
Share/IRA Certificate
30 month
1.99%
$500.00
Quarterly
2.00%
Share/IRA Certificate
30 month
2.03%
$10,000.00
Monthly/Quarterly
2.05%
Share/IRA Certificate
36 month
2.33%
$500.00
Quarterly
2.35%
Share/IRA Certificate
36 month
2.38%
$10,000.00
Monthly/Quarterly
2.40%
Share/IRA Certificate
48 month
2.77%
$500.00
Quarterly
2.80%
Share/IRA Certificate
48 month
2.82%
$10,000.00
Monthly/Quarterly
2.85%
Share/IRA Certificate
60 month
3.02%
$500.00
Quarterly
3.05%
Share/IRA Certificate
60 month
3.06%
$10,000.00
Monthly/Quarterly
3.10%
Share/IRA Certificate
60 month
3.11%
$25,000.00
Monthly/Quarterly
3.15%

 

 

 

 
 
Your savings are federally insured by the National Credit Union Administration and up to an additional $250,000 by Excess Share Insurance, for a total of $500,000.- learn more.

Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government, the National Credit Union Administration, a U.S. Government Agency, and up to an additional $250,000 by Excess Share Insurance, for a total of $500,000. IRAs are separately insured to $250,000 by the National Credit Union Administration, a US Government Agency, and an additional $250,000 by Excess Share Insurance, for a total of $500,000.

Equal Housing Lender. We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.