|
|
|
|
|
|
|
|
|
Effective June 1, 2008 the new rate for MAAXIMUM Checking$ on balances
between one penny and $50,000.00 will be 4.50% APY$$. Even though the
Federal Reserve has dropped rates seven times from 5.25% to 2.0% (a 3.25% decrease),
MAAXIMUM checking continues to be one of our highest paying deposit products offering
an attractive rate of return. Thank you for doing business with Air Academy Federal
Credit Union. It is our privilege to provide you with products that make a difference.
|
|
|
|
$S12 account, previously called MAX Checking. $$APY=Annual
Percentage Yield. As of 6/01/08, 4.50% APY paid on balances between one penny and
$50,000, and 1.01% APY paid on balances over $50,000 each cycle the minimum requirements
are met. If requirements are not met, the account will earn 0.25% APY. Rates are
subject to change. Special requirements apply to this account.
|
|
|
EARN
4.50% APY*
From $0 - $50,000 |
|
|
AND
1.01% APY*
On Balances Over $50,000 |
|
|
OR
0.25% APY*
If Requirements Are Not Met. |
|
|
|
Earn maximum dividends on balances from $0 to $50,000 AND have your ATM fees refunded
each month.** To earn the highest rates, perform the following during each cycle:
|
|
|
- 12 Check Card Transactions - Check card transactions must be signature (credit)
based to qualify. PIN based transactions are not eligible.
- Receive Electronic Statements
- One direct deposit or ACH Auto Debit to/from your MAAXIMUM Checking Account.
|
|
|
|
It’s that easy. Chances are, you already meet these requirements with your current
checking account—now it’s time to take your checking to the MAX. If you do not meet
the requirements during any given cycle, you’ll earn a base rate in dividends, and
you’ll still always get:
|
|
|
|
|
|
|
|
|
|
|
|
*APY=Annual Percentage Yield. 4.50% APY paid on balances between one penny and $50,000,
and 1.01% APY paid on all amounts above $50,000 each cycle the minimum requirements
are met. A cycle is defined as the period between the last business day of the month
and the next to last business day of the following month. Must meet all of the following
minimum requirements: Make 12 or more signature/credit-based AAFCU Visa® Check Card
transactions. PIN-based transactions do not count toward the 12 minimum required
transactions. Receive electronic statements (E-Statements). Make at least one ACH
or direct deposit to/from MAAXIMUM Checking (S12) account. If requirements are not
met per cycle, the account will earn 0.25% APY. Rates as of June 1, 2008. We may
change the dividend rate and APY at any time after the account is opened. No minimum
balance required. No monthly service charge. Dividends begin to accrue upon account
opening. Available to personal accounts only. Fees or other conditions may reduce
earnings. Limit one MAAXIMUM Checking account per member. **ATM refunds up to $25
per cycle (limited to $4.99 per item) if requirements are met for MAAXIMUM Checking
account.
|
|
|
|
|
|
|