Money Markets   |   Certificates   |   IRAs  |   Education Savings

Money Markets - the flexibility of a savings account while earning the returns of a traditional investment If you don’t like locking away all of your funds in long term investments, American 1’s Money Market is the perfect investment account for you.  Accessibility is the key to our Money Market account. You will earn high dividends on your investment with more flexibility than a typical certificate account. •  Excellent Return on Investment •  Competitive dividend rates give you more for your money •  Daily dividends compounded monthly The withdrawal minimum is $500, which has absolutely no transaction fee or penalty. You will only pay a $5 monthly fee if your balance falls below the $5,000 minimum*.

Certificates - safe, secure investing American 1 Federal Credit Union prides itself in offering high-yielding investment options. Our certificates range from 30 days to 5 years and in amounts beginning at $500*. Let us tailor one to fit your personal investment portfolio.  Go to our Savings & Investments section for helpful articles on investing. For certificate and renewal rates please call toll-free (888) 213-2848.

Traditional IRAs - saving for your retirement American 1 can help you save money and provide security for your retirement years with an Individual Retirement Arrangement (IRA).  An IRA is a personal investment plan which allows you to set aside funds for retirement. In many cases, your contribution will be tax-deductible.  The minimum IRA deposit is only $50, with the established $4,000 maximum contribution.  A Roth IRA allows you to invest your after-tax dollars for your retirement if your income is under a certain dollar amount. Roth IRAs allow your money to grow tax-deferred, with tax-fee withdrawals as long as you hold on to the funds for at least five years and you are 59 years of age. You can contribute up to $4,000 toward your retirement each year, and there is no age limit. Plan now for your retirement years by investing in a high-yielding IRA, customized to your personal needs*.  We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues. Talk to a member service specialist today about our competitive IRA rates! For more info on IRAs and retirement, visit our Planning for Retirement section.

Coverdell Education Savings Account - save for your child's education Your child's education is an investment in their future, and a Coverdell Education Savings Account (ESA) can help you save for that future.  You can save up to $2,000 after-tax dollars per year for each child until they reach the age of 18.  You can make tax-free withdrawals from you ESA to pay for qualified education expenses (tuition, books, supplies, etc.) - and may even cover some elementary and secondary school costs*. Stop into any branch for more details. For more information on education savings, visit our Saving for College section.

*Annual percentage yield based on monthly dividends added to deposit. Dividends may be paid quarterly, semi-annually, and annually. Ask for details.  Substantial penalty for early withdrawal. Fees may reduce earnings on the account.

American 1 FCU
718 E. Michigan Avenue
Jackson, Michigan 49201
888.213.2848
Fax: 517.787.3665
a1responseteam@a1fcu.org