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Whether it's a lifelong dream or a weekend getaway, Alexandria Municipal Employees Credit Union offers a variety of great savings options to help you get there. They're all NCUA-insured, so you know your money is safe.
Our savings accounts let you earn competitive interest rates while keeping your money totally liquid so you can get to it when you need it.
Share (Savings) Accounts
A minimum deposit of $5.00 is all it takes to open a share account, commonly referred to as a savings account. A balance in this account is required for membership. It works just like a savings account. Dividends are paid monthly based on the average daily balance in the account through the month.
Share Certificates
Our term share certificates provide an investment opportunity in which funds are deposited for a fixed term – from 6 months to three years. Funds deposited to these accounts generally receive a higher dividend rate than on most other share accounts. Our certificates require a minimum deposit amount of $500.00. Dividends are paid on a monthly basis and at maturity. Deposits are insured up to $250,000.00 by the National Credit Union Share Insurance Fund. Early withdrawals are subject to a penalty of 30 days loss of dividends.
Club Accounts
We offer Christmas Club accounts to help you save for your holiday shopping. This account earns a good rate of interest and dividends are deposited monthly. Our club accounts mature the first week of November and the funds transferred to your share account.
Direct Deposit
With our Direct Deposit service, you never have to worry about where your money may be and when it is safe.
At AMECU, our Direct Deposit offers you:
- Convenient, hassle-free deposit of your paycheck into your specified account.
- Automatic transfer of funds into any of your other AMECU accounts.
- Secure and reliable transactions you can count on.
Ask your employer to help you set up Direct Deposit of your paychecks to your
AMECU account. Or, Direct Deposit from one of your AMECU accounts to another
to pay for bills or loans, or to add to a special fund. For more information about
how you can put Direct Deposit to work for you, simply come by the Credit
Union or call (318) 445-5696.
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