Account Services
Choosing the right account helps keep your money and your plans moving forward.
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Loan Center
Your source for credit and loan products. NMAFCU can help. You can even apply online.
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Specials
At times we offer a variety of specials to better serve our members. Visit any of our branches for details.
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Savings Rates
Effective on 09/01/2010.
| SHARE CERTIFICATES*** | |||
|---|---|---|---|
| Term | Minimum Deposit | Rate | APY |
| 12 Months | $500 | 1.05 | 1.05 |
| $10,000 | 1.29 | 1.30 | |
| 24 Months | $500 | 1.49 | 1.50 |
| $10,000 | 1.74 | 1.75 | |
| 36 Months | $500 | 1.89 | 1.90 |
| $10,000 | 2.08 | 2.10 | |
| 60 Months | $500 | 2.67 | 2.70 |
| $10,000 | 2.82 | 2.85 | |
*** Average Percentage Yield. Dividends may be paid monthly and transferred to share, drafts, money market or club accounts or dividends may be compounded quarterly. Penalty for early withdrawal depends on term of certificate. Rates subject to change.
| Account Type | Minimum Deposit To Earn Interest |
Dividend Rate | APY* |
|---|---|---|---|
| Share | $250 | .20 | .20 |
| Christmas Club | $250 | .20 | .20 |
| Vacation Club | $250 | .20 | .20 |
| Share Draft Checking* | $2,500 | .10 | .10 |
| Individual Retirement Account (IRA)** | $25 | .60 | .60 |
| Maxi Shares (Money Market)** | $2,500 - $9,999 | .25 | .25 |
| $10,000 - $49,999 | .70 | .70 | |
| $50,000 and over | 1.00 | 1.00 | |
| Save-A-Saurus | $5.00 - over | . | .20 |
* Annual Percentage Yield. Dividends are paid quarterly based upon the average daily balance for the quarter, all accounts must maintain an average daily balance of $250.00 to earn a dividend except share drafts which must maintain an average daily balance of $2,500.00 and Save-A-Saurus accounts, which must maintain a balance of $5.00. Accounts must be open at the end of the quarter to received dividend payment.
** $2,500 minimum daily balance. Dividends are paid monthly, deposits earn from date of deposit to date of withdrawal and the account must be open to received dividend payment.
| IRA CERTIFICATES* | |||
|---|---|---|---|
| Term | Minimum Deposit | Rate | APY |
| 12 Months | $500 | 1.05 | 1.05 |
| Special New Money Only | $10,000 | 1.29 | 1.30 |
| 24 Months | $500 | 1.49 | 1.50 |
| $10,000 | 1.74 | 1.75 | |
| 36 Months | $500 | 1.89 | 1.90 |
| $10,000 | 2.08 | 2.10 | |
| 60 Months | $500 | 2.67 | 2.70 |
| $10,000 | 2.82 | 2.85 | |
* Member must have an IRA Share Account to open certificates. Dividends are compounded and paid quarterly on the anniversary date. Penalty for early withdrawal depends on the term of the certificate.
| CERTIFICATE PENALTY | |||
|---|---|---|---|
| Term | Penalty | ||
| 6 months | 90 days dividends earned or unearned | ||
| 12 or more months | 180 days dividends earned or unearned | ||
