|
Savings Rates
Quarterly rates effective as of 9/30/09
Monthly rates effective as of 10/01/09
|
|
Min.
Balance
to
Open
|
Term
|
Dividend
Rate
|
Min. Balance
to Earn
Dividends
|
Dividend
Distribution
|
APY
|
|
Regular
Shares
|
$5.00
|
Daily
|
0.25%
|
$200.00
|
Quarterly
|
0.25%
|
|
Christmas/
Vacation
Club
|
$1.00
|
Daily
|
0.20%
|
$5.00
|
Quarterly
|
0.20%
|
|
Y. E. S.
Account
|
$1.00
|
Daily
|
0.20%
|
$5.00
|
Quarterly
|
0.20%
|
|
"You Name
It" Savings
|
$1.00
|
Daily
|
0.20%
|
$5.00
|
Quarterly
|
0.20%
|
|
Kids Club
Account
|
$10.00
|
Daily
|
0.20%
|
$10.00
|
Quarterly
|
0.20%
|
|
Freedom
Checking
|
$0.00
|
Daily
|
0.00%
|
n/a
|
No distribution
|
0.00%
|
|
Reward
Checking
|
$0.00
|
Daily
|
3.45%
|
$0.00 to $25,000.00
|
Monthly
|
3.51%
|
|
Reward
Checking
|
$0.00
|
Daily
|
1.01%
|
$25,000.01 +
|
Monthly
|
1.01%
|
|
Reward
Checking
(when req
not met )
|
$0.00
|
Daily
|
0.11%
|
$0.00
|
Monthly
|
0.11%
|
|
Advantage
Checking
|
$0.00
|
Daily
|
0.00%
|
n/a
|
Monthly
|
0.00%
|
|
Advantage
Checking
|
$0.00
|
Daily
|
0.25%
|
$1,000.00
|
Monthly
|
0.25%
|
|
Advantage
Checking
|
$0.00
|
Daily
|
0.46%
|
$2,500.00
|
Monthly
|
0.46%
|
|
Advantage
Checking
|
$0.00
|
Daily
|
0.85%
|
$5,000.00
|
Monthly
|
0.85%
|
Liquid
Gold |
$2,500.00 |
Daily |
0.40% |
$2,500.00 |
Monthly |
0.40% |
|
$2,500.00 |
Daily |
0.71% |
$10,000.00 |
Monthly |
0.71% |
|
$2,500.00 |
Daily |
1.09% |
$25,000.00 |
Monthly |
1.10% |
|
$2,500.00 |
Daily |
1.65% |
$50,000.00 |
Monthly |
1.66% |
Health
Savings
Account |
$0.00 |
Daily |
0.00% |
n/a |
No distribution |
0.00% |
Health
Savings
Account |
$0.00 |
Daily |
0.25% |
$500.00 |
Monthly |
0.25% |
Health
Savings
Account |
$0.00
|
Daily |
0.50% |
$2,500.00 |
Monthly |
0.50% |
Health
Savings
Account |
$0.00 |
Daily |
1.02% |
$10,000.00 |
Monthly |
1.02% |
|
$100.00 |
Daily |
0.25% |
$200.00 |
Quarterly |
0.25% |
Business Gold
Money
Market
|
$0.00
|
Daily
|
0.50%
|
$0.00
|
Monthly
|
0.50%
|
|
Business Gold
Money
Market
|
$0.00
|
Daily
|
0.91%
|
$25,000.00
|
Monthly
|
0.91%
|
|
Business Gold
Money
Market
|
$0.00
|
Daily
|
1.01%
|
$50,000.00
|
Monthly
|
1.01%
|
|
Business Gold
Money
Market
|
$0.00
|
Daily
|
1.25%
|
$100,000.00
|
Monthly
|
1.26%
|
|
Business Gold
Money
Market
|
$0.00
|
Daily
|
1.65%
|
$250,000.00
|
Monthly
|
1.66%
|
|
Advanced Business
Checking
|
$0.00
|
Daily
|
1.25%
|
$0.00 to $25,000
|
Monthly
|
1.26%
|
|
Advanced Business
Checking
|
$0.00
|
Daily
|
1.50%
|
$25,000.01 to $50,000
|
Monthly
|
1.51%
|
|
Advanced Business
Checking
|
$0.00
|
Daily
|
1.75%
|
$50,000.01 to $75,000
|
Monthly
|
1.76%
|
|
Advanced Business
Checking
|
$0.00
|
Daily
|
2.00%
|
$75,000.01 +
|
Monthly
|
2.02%
|
|
Association
Checking
|
$0.00
|
Daily
|
1.50%
|
$0.00
|
Monthly
|
1.51%
|
|
Free Small Business Checking
|
$0.00
|
Daily
|
0.00%
|
n/a
|
No distribution
|
0.00%
|
The above rates are variable and fees may reduce earnings.
APY = Annual Percentage Yield
The dividend rate and annual
percentage yield may change every quarter. MidWest America FCU may
change the dividend rate for your account as determined by the Credit
Union Board of Directors.
For this account type, the
dividend period is quarterly, for example, the beginning date of the
first dividend period of the calendar year is January 1, and the ending
date of such dividend period is March 31. All other dividend periods
follow this same pattern of dates. The dividend declaration date is the
last date of the dividend period, and for the example above is March 31.
For more information, see your truth-in-savings disclosure.
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