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Share Accounts
Regular Share Accounts
This account is the primary account for all
members. When you join the Attleboro Municipal Employees
F.C.U., you become a member and an owner of your Credit
Union. Every member must maintain a regular share account
with a balance of $25.00.
This is a statement savings account with tiered dividend
rates. Statements are mailed quarterly.
Share Certificates
When considering investing into a long term
account, you may want to consider our share certificates
of deposit. The no risk investment opportunity that
pays you a higher yield of interest on your savings.
You agree to leave your deposit for a specific period
of time and we agree to pay you a guaranteed rate of
interest for the entire period of time.
All certificates are subject to an early withdrawal
penalty. We offer share certificates ranging in maturities
to meet your individual investment needs.
Christmas Club Accounts
This account is a pledge account whereby the member
designates a certain amount per week or per payday to
be deposited for holiday shopping needs. Early October,
the funds from this club are automatically transferred
into your regular share account in time for holiday
shopping.
Since this is a pledge account, funds are not to be
withdrawn during the year. This account currently earns
dividends in the same manner as the regular share account.
Special Purpose Clubs
This account is a pledge account whereby the
member designates a certain amount per week or per payday
to be deposited for a specific reason. This reason could
be summer needs, vacation, taxes, or any reason the
member needs. The member decides on the purpose of the
account and when the funds are needed.
Money Market Account
Earn a higher rate of return without locking
into a term deposit account.
Money market accounts have the following requirements:
- Minimum amount of $3000.00 to open account.
- No more than three withdrawals/transfers are allowed
each month.
- Minimum deposit or withdrawal is $100.00
- Dividends are compounded and credited monthly.
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