Americas Credit Union CD Rates

Americas Credit Union (ACU) is a full service and fully insured financial cooperative that got its start in 1954. One way in which ACU differs from other banks and credit unions is that it is both member owned as well as member operated. What this means is that every customer is not just a customer but also a member whose voice can be heard regarding how the financial institution should be run. The services and rates (such as the Americas Credit Union CD rates) are given to customers/members for their benefit and the profits made are then returned to the people who made it possible.

Americas Credit Union (ACU) is a full service and fully insured financial cooperative that got its start in 1954. One way in which ACU differs from other banks and credit unions is that it is both member owned as well as member operated. What this means is that every customer is not just a customer but also a member whose voice can be heard regarding how the financial institution should be run. The services and rates (such as the Americas Credit Union CD rates) are given to customers/members for their benefit and the profits made are then returned to the people who made it possible. Members see these profits reflected in such ways as higher returns on deposits, greater access, flexibility and convenience, and lower lending rates.

If you are looking for competitive dividend rates that are both safe and stable at the same time then the form of investment that is right for you is a certificate of deposit (CD). A CD is a secure investment that is not affected in any way by the fluctuations in the financial markets. You are probably use to hearing about how the price of stocks or bonds fell or rose but this is not something that need concern you with a CD investment. Certificates of deposit and safety walk hand in hand!

A CD from Americas Credit Union is the way to go if you find yourself nervous about risking your money to chance or to fluctuations. All of the funds in accounts at the ACU are federally insured by the National Credit Union Administration Share Insurance Fund up to $250,000.

The advantages to opening a certificate of deposit are many. The Americas Credit Union CD rates are competitive interest rates that are higher than the investments that come from savings accounts or money market accounts. The minimum opening deposits for a CD are as low as $500. You can choose amid a variety of CD terms that range from three months to five years. You can choose from certificates of deposit options that include Flex, Standard or IRA.

If you wish to open a Flex, Standard or IRA certificate account you can either open one that requires a minimum deposit of $500- $24,999 or you can open a larger one that requires a minimum deposit of $25,000- $99,999. Here is the most recent Americas Credit Union CD for a minimum deposit of $500- $24,999. These are current as of July 1, 2010:

Flex Certificate Accounts:

•    3-11 months: Interest rate of .70%, APY of .70%
•    12- 23 months: Interest rate of .80%, APY of .80%
•    24- 47 months: Interest rate of .90%, APY of .90%
•    48 months and on: Interest rate of 1.05%, APY of 1.06%

Standard Certificate Accounts:

•    3-11 months: Interest rate of .85%, APY of .85%
•    12- 23 months: Interest rate of .90%, APY of .90%
•    24-47 months: Interest rate of 1.05%, APY of 12.06%
•    48 months and on: Interest rate of 1.10%, APY of 1.11%

IRA Certificate Accounts:

•    3-11 months: Not applicable
•    12-23 months: Interest rate of 1.00%, APY of 1.00%
•    24- 47 months: Interest rate of 1.05%, APY of 1.06%
•    48 months and on: Interest rate of 1.10%, APY of 1.11%

Isn’t it about time you did something nice for yourself and started to invest your hard earned cash at the Americas Credit Union?