|
Effective December 15, 2020, dividend on shares will
be calculated on your daily balance, compounded daily and posted monthly
based
on tier structure
below.
SHARE
|
Minimum Balance to
Earn Dividends |
DIVIDEND
APR |
APY* |
$ 999.99 or less |
0.15% |
0.15% |
$ 1,000.00 - $4,999.99 |
0.20% |
0.20% |
$ 5,000.00 - $9,999.99 |
0.25% |
0.25% |
$10,000.00 or greater |
0.40% |
0.40% |
As determined by the Board of Directors rates may change after account
is opened. Fees may reduce earnings.
|
|
SHARE CERTIFICATES - ONE YEAR |
Minimum Balance to Open Account |
DIVIDEND
APR |
APY* |
$ 2,500.00 |
0.30% |
0.30% |
$ 5,000.00 |
0.50% |
0.50% |
$ 10,000.00 |
0.75% |
0.75% |
Early withdrawal penalty may apply
|
|
SHARE CERTIFICATES - TWO YEAR |
Minimum Balance to Open Account |
DIVIDEND
APR |
APY* |
$ 10,000.00 |
1.00% |
1.01% |
Early withdrawal penalty may apply
|
|
|
|
|
|
|
DIVIDEND
APR |
APY* |
CHRISTMAS CLUB |
0.15% |
0.15% |
As determined by the Board of Directors rates may change after account
is opened. Fees may reduce earnings.
|
|
|
Note: APR is Annual Percentage Rate
*APY=Annual Percentage Yield |
|
|
Information listed on this page are subject to typographical
errors. Rates, terms and conditions are subject to change without
notice, and such changes may be delayed to this posting. Please contact
a Member Services Representative at 317-327-2600 to confirm current
rates. THIS INSTITUTION IS NOT FEDERALLY INSURED, AND
IF THIS INSTITUTION FAILS, THE FEDERAL GOVERNMENT DOES NOT GUARANTEE
THAT DEPOSITORS WILL GET BACK THEIR MONEY. THIS INSTITUTION IS PRIVATELY
INSURED
FOR DEPOSITORS UP TO $250,000 THROUGH AMERICAN SHARE INSURANCE.
|