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Free Checking If you have a checking account with another financial institution, chances are you’re paying much more than you need to on monthly fees, ATM withdrawals, and per check charges. AFCU’s Checking accounts offer convenience and value with no monthly fee. No minimum balance Unlimited check writing No monthly fee -
First box of 50 checks free Visa ATM/Debit Card Convenient record keeping with easy-to-read images of all cleared checks Overdraft protection, subject to credit approval * A $1.00 fee applies for each excess ATM transaction. Other financial institutions may charge for use of their ATMs. Savings Accounts Andover Federal Credit Union offers a variety of savings accounts to help you tackle large expenses, build a nest egg, or just prepare for a rainy day. Share Savings Accounts Get into the savings habit with a Share Savings Account from AFCU. Minimum balance of $25 to maintain membership Minimum balance of $50 to receive a dividend Competitive rates Unlimited deposits and withdrawals Convenient quarterly statements Earn a higher rate of interest while maintaining the liquidity of your funds with a Share Money Market Account. Open your account with a minimum of $2,500 Make deposits any time Make up to four withdrawals a month Earn tiered dividend rates according to your balance Contact Member Services to open your Money Market Account. AFCU’s Certificates of Deposit are a risk-free way to save for short- and long-term goals. Earn an attractive dividend rate with a guaranteed return. AFCU’s Club accounts are ideal for planning for annual expenses. Direct a weekly payroll deduction to your Club account to save for the holidays, your next vacation, or annual tax or insurance bills. Save for your retirement with a Traditional or Roth IRA.
New Traditional & Roth IRA Limits Maximum Contribution Limits | Year | Under Age 50 | Over Age 50 | 2003 | $3,000 | $3,500 | 2004 | $3,000 | $3,500 | 2005 | $4,000 | $4,500 | 2006 | $4,000 | $5,000 | 2007 | $4,000 | $5,000 | 2008 | $5,000 | $6,000 |
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