Midwest America Federal Credit Union
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IRA Rates

Rates effective 5/7/08 thru 5/13/08
*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
1.54%
$10,000.00
Maturity
1.55%
Share/IRA Certificate
4 week
1.54%
$10,000.00
Maturity
1.55%
Share/IRA Certificate
91 days
2.59%
$500.00
Maturity
2.62%
Share/IRA Certificate
182 days
2.74%
$500.00
Monthly
2.77%
Share/IRA Certificate
182 days
2.78%
$10,000.00
Monthly/Quarterly
2.82%
Share/IRA Certificate
12 month
2.84%
$500.00
Quarterly
2.87%
Share/IRA Certificate
12 month
2.89%
$10,000.00
Monthly/Quarterly
2.92%
Share/IRA Certificate
18 month
3.01%
$500.00
Quarterly
3.04%
Share/IRA Certificate
18 month
3.06%
$10,000.00
Monthly/Quarterly
3.10%
Share/IRA Certificate
24 month
3.08%
$500.00
Quarterly
3.12%
Share/IRA Certificate
24 month
3.11%
$10,000.00
Monthly/Quarterly
3.15%
Share/IRA Certificate
30 month
3.26%
$500.00
Quarterly
3.30%
Share/IRA Certificate
30 month
3.31%
$10,000.00
Monthly/Quarterly
3.35%
Share/IRA Certificate
36 month
3.31%
$500.00
Quarterly
3.35%
Share/IRA Certificate
36 month
3.36%
$10,000.00
Monthly/Quarterly
3.40%
Share/IRA Certificate
48 month
3.42%
$500.00
Quarterly
3.46%
Share/IRA Certificate
48 month
3.46%
$10,000.00
Monthly/Quarterly
3.51%
Share/IRA Certificate
60 month
3.64%
$500.00
Quarterly
3.69%
Share/IRA Certificate
60 month
3.70%
$10,000.00
Monthly/Quarterly
3.75%
Share/IRA Certificate
60 month
3.74%
$25,000.00
Monthly/Quarterly
3.79%

 

 

 

 
 
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.