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For the customer with time and money to invest, we offer certificates of
deposit with
varying maturities and minimum balances. Upon purchase, the interest
rate is fixed on the certificate until maturity. Certificates of deposit may
automatically renew at maturity at current interest rates or be cashed in during the ten
calendar day grace period following the maturity date. Interest earned on your
certificate
of deposit may be paid to you in various ways such as crediting an existing account on a
monthly, quarterly, semi-annual or annual basis. Federal law requires a penalty for early
withdrawal.
Money Markets
Our Money Market Account is
designed for individual investors as well as business investors. You earn a floating interest rate that is current with the market place. You are allowed
three withdrawals by check and three internal transfers each month. Excessive transfers or
checks will be assessed an additional fee per item.
At AmericaUnited Bank, we have developed a unique Individual Retirement
Account to suit the needs of small and large investors alike. We have combined our
certificate of deposit and statement savings account with current market rates which float weekly. For your record keeping ease, statements
will be sent quarterly. No early withdrawal penalties. (Federal penalties apply).
The Premium Market Rate Account is a Money Market account that matches the 13 week
Treasury Bill Rate. Your money in the Premium Market Rate Account is always available. We
will pay up to two checks per monthly statement cycle for any amount, for any reason. You
may also make as many deposits, for any amount at any time. Click here for
current
rates. |
