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Dividend Rates

MARKET INDEX CERTIFICATES 

3, 5 or 6 years

$500 Minimum

The return is based on the performance of the Dow Jones Industrial Average and has a guaranteed

return of about 1% APY* . The principal amount of the certificate is federally insured to at least $250,000

by the NCUA.   Dividends are paid on the maturity date of the certificate.

Early withdrawals are not allowed except in the case of the death of the owner.

APY = Annual Percentage Yield.

APY = ANNUAL PERCENTAGE YIELD

APY = ANNUAL PERCENTAGE YIELD

Business Share Accounts

BUSINESS SAVNGS AND CHECKING ACCOUNTS

Declared Dividends -July 1 - September 30, 2016.

These dividend rates were declared by the Board of Directors for the quarter ending September 30, 2016.

Dividend for the next quarter will be declared in December 2016.

Dividends are calculated daily, compounded and paid monthly on Business e-Checking and Business Money Market.

Dividends are calculated daily, compounded and paid quarterly on Business Basic Savings.

Fees could reduce earnings on these accounts.

No minimum balance required for APY on Business e-Checking and Business Money Market accounts.

Account APY*
Business Basic Savings (paid on balance over $100.00) 0.03%

Business e-Checking - to $1000.00 (paid monthly)

Business e-Checking - above $1000.00 (paid monthly)

0.50%

0.20%

 

Business Money Market

APY*
$0-$9,999 0.05%
$10,000-$49,999 0.10%
$50,000-$99,999 0.15%
$100,000-$499,999 0.20%
$500,000-$999,999

0.25%

$1,000,000 and up 0.30%

APY = Annual Percentage Yield

Checking and Savings Dividends

CHECKING AND SAVINGS RATES

Declared Dividends - July 1 thru September 30, 2016.

The Board of Directors declared these dividend rates for the quarter ending September 2016.

Dividends for the new quarter will be declared in December 2016.

$100 minimum balance is required for dividends on all savings account except Preferred Youth Savings.

$500 minimum balance required for dividends on the Checking Plus Account.

Account APY*
Basic Membership Savings Account 0.03%
Preferred Youth SavingsAccount 0.50%
Christmas Club Savings Account 0.15%
Vacation Savings Account 0.15%
Former Life Insurance Savings Accounts

0.03%

Checking Plus Account

Preferred Youth Checking Account

FirstStep Youth Checking

Freedom Youth Checking

0.05%

0.15%

0.15%

0.15%

e-Checking - $0.00 to $1,000 (paid monthly)

e-Checking - above $1,000 (paid monthly)

0.50%

0.20%

APY = Annual Percentage Yield

Market Index Certificate

MARKET INDEX CERTIFICATES 

3, 5 or 6 years

$500 Minimum

The return is based on the performance of the Dow Jones Industrial Average and has a guaranteed

return of about 1% APY* . The principal amount of the certificate is federally insured to at least $250,000

by the NCUA.   Dividends are paid on the maturity date of the certificate.

Early withdrawals are not allowed except in the case of the death of the owner.

APY = Annual Percentage Yield.

Money Market Account

 

 

MONEY MARKET SAVINGS ACCOUNT 

 Amount Required for APY

 APY*

$0-$9,999 0.05%
$10,000-$49,999 0.10%
$50,000-$99,999 0.15%
$100,000-$499,999 0.20%
$500,000-$999,999 0.25%
$1,000,000 and up 0.30%

Minimum Balance to open is $1000.00.

Fees could reduce earnings on this account.

*APY = Annual Percentage Yield. Rates are effective as of 12/01/2016.

The APY is a variable rate and may change after the account is opened.

Dividends are calculated and paid monthly.

Pay Day Certificate

PayDay Certificate

$100.00 Minimum

1.00% APY*

$10.00 Minimum deposits must be transferred at least monthly.

Most savings or checking accounts are available for transfer.

Transfers may occur weekly, bi-weekly, semi-monthly or monthly

and must come from a non-tax favored savings or checking account.

APY = Annual Percentage Yiel. Rate is effective as of 12/01/2016.

There may be a penalty for early withdrawal on certificate accounts.

Dividends are calculated daily and paid monthly.

Payroll Plus

Payroll Plus Savings Account

Regular, Traditional IRA and Roth IRA

Declared Dividends -Julyl 1 - September 30, 2016.

These dividend rates were declared by the Board of Directors for the quarter ending September 30, 2016.

Dividends for the new quarter will be declared in December 2016.

Amount Required for APY APY*
$500 or more 0.30%
$0.01 to $499.99 0.15%

APY = Annual Percentage Yield

Reg & Tax-Favored Certificates

REGULAR & TAX-FAVORED CERTIFICATES 

Term Minimum Balance Required for APY APY*
6 Month $1000+ 0.30%
12 Month Youth $100.00 - Minimum Opening Balance
Additions allowed to Youth Certificate  
$50 minimum deposit
0.50%
1 Year $1000+ 0.50%
18 Month $1000+ 0.60%
2 Year $1000+ 0.70%
3 Year $1000+ 0.90%
4 Year $1000+ 1.10%
5 Year $1000+ 1.50%

There may be a penalty for early withdrawal on certificate accounts.

Dividends are calculated daily and paid monthly.

APY = Annual Percentage Yield. Rates are effective as of  12/01/2016.

Dividents are calculated daily and paid monthly.

Specials

Investment Rates

Effective Date Of APY*:  December 1, 2016

 

SPECIALS

25 months 1.25% APY

37 months 1.45% APY

New Money Only - Minimum Balance Requirement $10,000

Signaficant penalty for early withdrawals

Federally Insured by NCUA

 

 

Tax-Favored Savings Accounts

Traditional, SEP and Roth IRAs,

Health Savings Accounts and

Coverdell Educational Savings Accounts

Amount Required for APY APY*
$0-$9,999 0.05%
$10,000-$49,999 0.10%
$50,000-$99,999 0.15%
$100,000-$499,999 0.20%
$500,000-$999,999 0.25%
$1,000,000 and up 0.30%

Unlimited deposits and withdrawals with no penalties as permitted by IRS

APY=Annual Percentage Yield. Rates are effective as of 12/01/2016.

There may be a penalty for early withdrawal on certificate accounts.

Dividends are calculated daily and paid monthly.

Mid American Credit Union8404 West Kellogg DriveWichita, KS 67209316.722.3921Fax 316.722.0920Privacy Policy