Account Types

No matter where you are in the journey of life, Amicus Federal Credit Union has the right savings account for you.

Share Savings Accounts (Primary Share)

  • This is your ownership account with a $20 minimum balance
  • Funds available for withdrawal – penalty free
  • Establish a regular savings program with direct deposit or payroll deduction
  • Dividends paid quarterly on open accounts
  • View our rates

Money Market Accounts

  • Higher yields and liquidity on larger savings balances
  • Minimum deposit of $1000 with no maximum deposit amount
  • Six withdrawals allowed in a month with no penalty
  • View our rates

Certificates of Deposit

  • Minimum deposit as low as $2500
  • Choose from one of our many terms (the longer the term the higher the rate of return)
  • Penalty of one month’s interest on withdrawals made prior to maturity date
  • Dividends paid quarterly and on date of maturity
  • View our rates

Accounts for Special Needs

Coverdell Education Savings Accounts are available to save for the education expenses of that special child in your life. Formerly known as Education IRAs, this account is meant to help pay for your child’s education expenses such as tuition, fees, books, supplies, equipment, and, in some cases, room, board, and computers.

  • Unlike state 529 plans, Coverdell ESAs can be used to pay for qualified elementary and secondary education expenses.
  • Earnings grow on a tax-deferred basis, and distributions are tax-free if the money is used to pay qualified education expenses.
  • Total contributions each year cannot exceed $2,000 per child.

Important Information About Procedures for Opening a New Account:
To help the government fight the funding of terrorism and money laundering activities, Federal Law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.