Disclosures
*APY is Annual Percentage Yield. Rates are subject to change without notice.
**The NCUA is the independent federal agency that administers the National Credit Union Share Insurance Fund. Credit Unions that are federally insured by NCUA offer a safe place for you to save money, with deposits insured up to $250,000 per individual depositor. Visit https://mycreditunion.gov/protect-your-money/share-insurance for additional information.
§Rates are subject to change without notice. Offer valid for a limited time. This promotion is available for new money only—defined as funds that have not been on deposit with AgFed at any time in the 30 days prior to certificate opening. Members must contact AgFed within 14 business days of opening the certificate to request the 0.25% rate increase. The bump will be applied to the certificate's current rate at the time of request. Minimum opening deposit is $250. This amount must be maintained to earn the advertised APY. No additional deposits are permitted after account opening. Asset Builder Certificates are not eligible for this offer. Dividends are compounded and credited quarterly. The dividend period begins on the first calendar day of each quarter and ends on the last calendar day of the quarter. Early withdrawal penalties may apply and could reduce earnings on the account.
FOR CERTIFICATES ONLY
RATE INFORMATION: Fixed rate certificates - The rate will not change over the term of the certificate.
MATURITY DATE: Your certificate account will mature within the term specified in the above table based on the date when the account is opened followed by a 10 day grace period.
TRANSACTION LIMITATIONS: No additional deposits are allowed into regular or IRA certificates except during the grace period. However, additional deposits can be made into Asset Builder certificates.
EARLY WITHDRAWAL PENALTIES: The certificate funds must be on deposit for 30 days. If certificate funds other than dividends are withdrawn prior to maturity, a substantial penalty will be imposed as follows:
If the certificate term is 11 months or less the member shall forfeit an amount equal to the lesser of: (A) All dividends for 90 days on the amount withdrawn, or (B) All dividends on the amount withdrawn since the date of issuance or renewal.
If the certificate term is greater than 11 months but less than 60 months, the member shall forfeit an amount equal to the lesser of: (A) All dividends for 180 days on the amount withdrawn, or (B) All dividends on the amount withdrawn since the date of issuance or renewal.
If the certificate term is 60 months or greater, the member shall forfeit an amount equal to the lesser of: (A) All dividends for 365 days on the amount withdrawn, or (B) All dividends on the amount withdrawn since the date of issuance or renewal.
The above-stated penalties will not be applied if the withdrawal is made subsequent to the death of any owner.
WITHDRAWAL OF DIVIDEND PRIOR TO MATURITY: The APY is based on an assumption that dividends will remain in the account until maturity. A withdrawal will reduce earnings.
RENEWAL POLICIES: Your certificate will automatically renew at maturity. The Credit Union will give you at least 14 days notice prior to maturity. There is a 10 day grace period following the maturity of the certificate. Limited offers will mature at a comparable rate and term. See maturity notice for further details.
NO PENALTY CERTIFICATE PRODUCT: When offered, one withdrawal may be made during the original term of the certificate with no penalty imposed. Subsequent early withdrawals may be subject to a penalty as outlined in the Early Withdrawal Penalties section.
Click here to view the complete Share Rates/Truth In Savings Disclosure.