Midwest America Federal Credit Union
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IRA Rates

IRA Certificate
Specials

(effective 2/8/10)

Term
Dividend
Rate
Min. Balance
to Earn
Dividends
Dividend
Distribution
APY
Roth IRA
with Checking*
15 month
1.70%
$500.00
Quarterly
1.71%
Roth IRA
with Checking*
23 month
2.03%
$500.00
Quarterly
2.05%
* You must have an active checking account with MidWest America FCU throughout the original certificate's term.
The checking account must be open for at least 30 days with a minimum of 5 transactions in the last 30 days.


Rates effective 2/3/10
*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
0.50%
$500.00
Maturity
0.50%
Share/IRA Certificate
182 days
0.60%
$500.00
Monthly
0.60%
Share/IRA Certificate
182 days
0.65%
$10,000.00
Monthly/Quarterly
0.65%
Share/IRA Certificate
12 month
1.00%
$500.00
Quarterly
1.00%
Share/IRA Certificate
12 month
1.05%
$10,000.00
Monthly/Quarterly
1.05%
Share/IRA Certificate
18 month
1.19%
$500.00
Quarterly
1.20%
Share/IRA Certificate
18 month
1.24%
$10,000.00
Monthly/Quarterly
1.25%
Share/IRA Certificate
24 month
1.54%
$500.00
Quarterly
1.55%
Share/IRA Certificate
24 month
1.59%
$10,000.00
Monthly/Quarterly
1.60%
Share/IRA Certificate
30 month
1.89%
$500.00
Quarterly
1.90%
Share/IRA Certificate
30 month
1.94%
$10,000.00
Monthly/Quarterly
1.95%
Share/IRA Certificate
36 month
2.13%
$500.00
Quarterly
2.15%
Share/IRA Certificate
36 month
2.18%
$10,000.00
Monthly/Quarterly
2.20%
Share/IRA Certificate
48 month
2.58%
$500.00
Quarterly
2.60%
Share/IRA Certificate
48 month
2.62%
$10,000.00
Monthly/Quarterly
2.65%
Share/IRA Certificate
60 month
2.92%
$500.00
Quarterly
2.95%
Share/IRA Certificate
60 month
2.97%
$10,000.00
Monthly/Quarterly
3.00%
Share/IRA Certificate
60 month
3.06%
$25,000.00
Monthly/Quarterly
3.10%

 

 

 

 
 
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.