Higher Rates of Return

Money Market Savings Account

A Money Market Savings Account earns a higher rate of interest than a regular savings account due to higher opening deposit and minimum balance requirements.

A Money Market Savings Account may be a great alternative to a Certificate of Deposit if you know that you will require access to some or all of your funds without the constraint of time. These accounts may also be a convenient place to hold money that is to be used for an upcoming investment or event.

• A minimum balance of $2,500.00 is required to maintain an AMEFCU Money Market Account and to earn the annual percentage yield (APY)*
• The minimum deposit or withdrawal amount is $100.00
• Set up direct deposit
• Online Banking
• Mobile Banking
• E-Statements

Interest is compounded and paid monthly. You will receive either a mailed paper statement or an e-mailed e-statement notification (whichever you prefer) each quarter.

Money Market Account	Rate	APY	Int. Paid	Minimum Deposit
Tier 1	0.25%	0.25%	Monthly	$2,500.00 To $24,999.99
Tier 2	0.50%	0.50%	Monthly	$25,000.00 To $49,999.99
Tier 3	1.00%	1.00%	Monthly	$50,000.00 To $74,999.99
Tier 4	1.50%	1.50%	Monthly	$75,000.00 & Above

To open the above listed account, we will require the following…

• Proof of new or existing membership
• Unexpired State or Federal Government issued identification such as a driver’s license, passport or United States Military identification with a photo on it.
• $2500.00 to open your account in the form of check, currency or internal account transfer

*APY = Annual Percentage Yield.

Card access is not available to this account.

Rates are subject to change at any time without notice.

Your Funds Are Federally Insured

The National Credit Union Administration (NCUA) is the federal agency that administers the National Credit Union Share Insurance Fund (NCUSIF). The NCUSIF, like the FDIC’s Deposit Insurance Fund, is a federal insurance fund backed by the full faith and credit of the U.S. Government. The NCUSIF insures member savings in federally insured credit unions, which account for approximately 98 percent of all credit unions. All federal credit unions and the vast majority of state-chartered credit unions are covered by NCUSIF insurance protection. Click here to learn more about how your accounts are federally insured.