Dedicated Savings Account
If you know of a large expense in your future, why not start saving for it now? Whether you're saving for a down payment, Christmas, or a family vacation, America First's Dedicated Savings Account makes it easy to save with a great rate.
With a Dedicated Savings Account, you get:
- The convenience of an automatic share transfer or payroll deduction into your account (must be at least $10 per month)
- Competitive Rates
- Your choice of terms, ranging from three months to 60 months
- No opening balance required.
- Automatic Renewal
- Option for additional deposits up to $10,000 each calendar month.
- NCUA Insured up to $100,000
Effective Date: 05/07/2008
| Description | Minimum Opening Balance | APY | Dividend Rate | Apply Online |
|---|---|---|---|---|
| 3-5 Months | $0.00 | 3.00% | 2.96% | |
| 6-11 Months | $0.00 | 3.20% | 3.15% | |
| 12-23 Months | $0.00 | 3.35% | 3.30% | |
| 24-29 Months | $0.00 | 3.40% | 3.35% | |
| 30-35 Months | $0.00 | 3.50% | 3.45% | |
| 36-47 Months | $0.00 | 3.60% | 3.54% | |
| 48-59 Months | $0.00 | 3.75% | 3.69% | |
| 60 Months | $0.00 | 4.00% | 3.93% | |
This calculator is solely for informational purposes and provides reasonably accurate results; the calculations are not intended to be relied upon as actual earnings computations.
The following chart* demonstrates the growth potential of a Dedicated Savings Account:
| Monthly Deposit Amount | 1 Year | 2 Years | 3 Years |
|---|---|---|---|
| $10 | $123 | $250 | $383 |
| $20 | $245 | $501 | $766 |
| $50 | $613 | $1251 | $1915 |
| $100 | $1226 | $2503 | $3831 |
| $200 | $2453 | $5005 | $7662 |
*The above chart shows a disclosed 4% dividend rate, compounded monthly for an annual percentage yield of 4.07%. Rates in this chart are used solely as examples. For current dividends, Click here.
