America First Credit Union Flexible Certificate Account Review

America First Credit Union Flexible Certificate Account is offered by America First Credit Union, a credit union founded in 1985 and based in Salt Lake City, UT. America First Credit Union Flexible Certificate Account is available in 4 states across the USA.

• Only one CD account type available. America First CD only offers traditional CD accounts.
• Very high APY. This account offers an annual percentage yield of up to 0.30%, which is much higher than the national average for a CD account.
• $500 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit.
• Limited selection of CD terms. America First CD only offers one CD terms. This limits your options when trying to set up a CD ladder.

Are cd accounts from America First Credit Union federally insured?

Yes, your America First Credit Union cd accounts are insured up to $250,000 per person by the National Credit Union Share Insurance Fund (NCUSIF). Individual Retirement Accounts (IRA) are insured separately up to $250,000. The National Credit Union Administration (NCUA), a federal agency, administers the insurance fund and regulates federally insured credit unions. The fund is backed by the full faith and credit of the U.S. Government.

What types of CDs does America First Credit Union offer?

• Traditional CDs. These CDs pay a fixed interest rate i you deposit a fixed amount of money for a specific term. Once the maturity date arrives, you have the option of cashing out or rolling over the CD for another term.

What CD rates does America First Credit Union offer on its CDs?

The CD rates for this account have an APY of0.30% (APY stands for annual percentage yield, rates may change).

What is the minimum deposit to open a CD account with America First Credit Union?

America First CD requires a minimum deposit of $500 to open an account.

What is the grace period for America First CD?

There is a 10-day grace period for America First CD. A grace period is a period of time during which you can withdraw the money in your CD without paying an early withdrawal penalty. A grace period starts the day after a CD’s maturity date, or the final day a CD is opened. Standard CDs renew automatically at the same term if you don't withdraw your money after the 10-day grace period. Note that the new CD rates probably won’t be the same as the original.

What types of fees, such as early withdrawal penalties, does America First CD charge?

Financial institutions don't typically charge many fees on CDs. However, most charge a fee if you choose to withdraw your money before the CD term ends.

America First Credit Union does not charge an early withdrawal fee.