Midwest America Federal Credit Union
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IRA Rates

Rates effective 8/27/08 thru 9/2/08
*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
1.61%
$1.00
Monthly
1.62%
Contribution
Roth IRA
$1.00
Daily
1.61%
$1.00
Monthly
1.62%
Conversion
Roth IRA
$1.00
Daily
1.61%
$1.00
Monthly
1.62%
Education
Roth IRA
$1.00
Daily
1.61%
$1.00
Monthly
1.62%


Term
Dividend
Rate
Min. Balance
to Earn
Dividends
Dividend
Distribution
APY*
Share/IRA Certificate
1 week
1.34%
$10,000.00
Maturity
1.35%
Share/IRA Certificate
4 week
1.34%
$10,000.00
Maturity
1.35%
Share/IRA Certificate
91 days
2.30%
$500.00
Maturity
2.32%
Share/IRA Certificate
182 days
2.39%
$500.00
Monthly
2.42%
Share/IRA Certificate
182 days
2.44%
$10,000.00
Monthly/Quarterly
2.47%
Share/IRA Certificate
12 month
2.66%
$500.00
Quarterly
2.69%
Share/IRA Certificate
12 month
2.71%
$10,000.00
Monthly/Quarterly
2.74%
Share/IRA Certificate
18 month
2.76%
$500.00
Quarterly
2.79%
Share/IRA Certificate
18 month
2.81%
$10,000.00
Monthly/Quarterly
2.84%
Share/IRA Certificate
24 month
3.22%
$500.00
Quarterly
3.26%
Share/IRA Certificate
24 month
3.27%
$10,000.00
Monthly/Quarterly
3.31%
Share/IRA Certificate
30 month
3.20%
$500.00
Quarterly
3.24%
Share/IRA Certificate
30 month
3.25%
$10,000.00
Monthly/Quarterly
3.29%
Share/IRA Certificate
36 month
3.56%
$500.00
Quarterly
3.61%
Share/IRA Certificate
36 month
3.61%
$10,000.00
Monthly/Quarterly
3.66%
Share/IRA Certificate
48 month
3.90%
$500.00
Quarterly
3.96%
Share/IRA Certificate
48 month
3.95%
$10,000.00
Monthly/Quarterly
4.01%
Share/IRA Certificate
60 month
4.15%
$500.00
Quarterly
4.21%
Share/IRA Certificate
60 month
4.19%
$10,000.00
Monthly/Quarterly
4.26%
Share/IRA Certificate
60 month
4.24%
$25,000.00
Monthly/Quarterly
4.31%

 

 

 

 
 
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 $350,000.- learn more.

Your savings federally insured to at least $100,000 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 $350,000. 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.