American Eagle Federal Credit Union - Accounts and Services

Overview

Checking

Savings

IRAs

Money Market

Club Accounts

Revocable Living Trust

Payroll Deduction

Direct Deposit

Other Value-Added Services

Insurance

Money Market Savings

Some Smart Reasons For Opening An Account

Receive a higher return on your money
Save for education, retirement, or vacation plans
Invest proceeds from the sale of your house or inheritance

Current Money Market Rates

Open A Money Market Savings Account

Money Market Agreement

Money Market Savings
Flexible Easy Access
The higher your average balance, the greater your dividend rate! With a minimum deposit of $2,000 to open your account, you can access your money when you need it. This flexible savings account allows you to make withdrawals, transfers, or deposits any time.

Money Market Savings Dividend Rate Structure
Range 1	Less than $2,000.00
Range 2	$2,000 - $4,999.99
Range 3	$5,000 - $9,999.99
Range 4	$10,000 - $19,999.99
Range 5	$20,000 - $39,999.99
Range 6	$40,000.00 and over

Money Market Plus Savings*
High-Yield Account
With $50,000 or more, you can let your money earn dividends in a guaranteed high-yield account. Just like a traditional Money Market account, you can access your money when you need it. Use this account to invest proceeds from an inheritance or the sale of a house.

Money Market Plus Savings Dividend Rate Structure
Range 1	Less than $49,999.99
Range 2	$50,000 - $99,999.99
Range 3	$100,000.00 and over

Your dividends are compounded and paid monthly. Calculations are based on your average daily balance during the month. Money Market rates are subject to change on the first day of each month. Dividends are paid on the first day of each month.

Deposits are Federally insured up to $100,000 by the NCUA, a U.S. Government agency.

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Withdrawals** can be made:

in person, at any American Eagle office.
by mail.
via ATM.
online through 24-Hour Online Banking.
via telephone through Command Call.

Transfers made through the ATM, 24-Hour Online Banking, and/or Command Call are limited to six per month.

* AEFCU Checking account required with a Money Market Plus account.
** Check withdrawals must be $50 or greater.

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It's Easy to Open!
Visit your nearest American Eagle FCU office or call our Member Contact Center at 800.842.0145, ext. 5101.

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Money Market Agreement

Definitions – In this Money Market Savings Account Agreement, the words "you" and "your" mean each person who makes a deposit to or withdraws funds from the account. The words "Credit Union," "We," "Us," and "Our" mean American Eagle Federal Credit Union. The word "Account" means your Money Market Savings Account. "Business Day" means any day on which we are open for substantially all banking matters.

General Matters – You may make deposits to or withdrawals from the account. If you do, you are bound by this contract and you and the Credit Union agree that:

A minimum balance of $2,000 is required to open an account.
This account is also subject to the terms and conditions contained in the Credit Union membership application previously signed by you on file with us.

Dividend Computation – Dividends are computed on the actual balance in the account according to the average daily balance method. Funds earn dividends monthly and are paid on the first business day of the next month. Dividend rates are declared at the beginning of each dividend period for that period only.

Withdrawals – Withdrawals can be made in cash, by an official check* in person at any American Eagle Federal Credit Union office, or an official check* may be requested by mail or online. There is no limit to the number of withdrawals you can make from your account in person or by mail. You may access your account using ATM, 24-Hour Online Banking and/or Command Call providing you have applied for the service and have a PIN. Transfers made at an ATM, 24-Hour Online Banking, and/or Command Call are limited to six per month.

Fees – There are no fees pertaining to this account.

Ownership - The Credit Union will recognize any of the signatures that appear on the membership application that pertains to this account in the payment of funds or the transactions of any business for this account. If this account is jointly owned, the terms and conditions under the Joint Share Account Agreement apply to this account. This account may not be transferred or assigned.

Insurance – Each member is federally insured up to $100,000 by the National Credit Union Administration (NCUA), a US Government agency. Life savings insurance is not available on this account.

Reviewing Your Statement – You have certain duties about reviewing your statements under the Uniform Commercial Code (UCC). Transactions relating to this account will appear on your account statement. You agree to look over your statements and any other material accompanying them as soon as you receive them. You agree that if there is any error in the statement, you will tell us about it immediately, in writing. In any event, you must discover any problems on your statement within 60 days after the date of the statement. After that time, any claim against us based on any defect or error disclosed in the statement will be deemed waived by you.

Notice of Withdrawal – Federal Credit Union bylaws give the Credit Union the authority to impose a notice of up to 60 days for the withdrawal of shares. We also reserve the right to change this account to another type of account without your approval if, in the Credit Union’s judgement, the change is not adverse to the member. The Credit Union will notify you in the event of a change.

Amendments – This agreement is the contract that applies to all transactions on your account. We may amend this agreement from time to time and we will send you written notice as the law requires.

* Check withdrawals must be $50 or greater. ** AEFCU Checking account required with a Money Market Plus Savings account.

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email: info@americaneagle.org
860.568.2020 800.842.0145

Federally insured by NCUA. Equal Opportunity/Equal Housing Lender.