Member Freedom Money Fund
Don't tie up your money in a long-term certificate. If you are looking for a high-yield investment account with the freedom to deposit and withdraw funds at your discretion, an AFCU Member Freedom Money Fund may be right for you.
- No Fees
- Insured up to $350,000
- Free Online Account Access
- No Direct Deposit Requirement
- No Minimum Balance Requirement
- Unlimited Withdrawals, Transfers, & Deposits
Tiered Dividends
The dividend paid on your Member Freedom Money Fund will be determined by your balance and your relationship with AFCU. The more you use AFCU the more you earn. Click Here for current rates.
Member Freedom Money Fund Tiers
- $0 - $999
- $1,000 - $4,999
- $5,000 - $9,999
- $10,000 - $24,999
- $25,000 - $49,999
- $50,000 - $99,999
- $100,000+
Dividend rates for the Member Freedom Money Fund are subject to change. Dividends are calculated on your daily balance, paid, and compounded monthly. Arkansas Federal pays a higher dividend rate than most financial institutions. Since we have no stockholders, our profits are returned to our members in the form of higher dividends!
Relationship Bonus
The more you use AFCU the better your dividend. Members with an AFCU Checking Account will earn a 0.20% bonus on their Member Freedom Money Fund monthly dividend. Members with Direct Deposit of their entire paycheck into any AFCU Account will earn an additional 0.20% bonus on their Member Freedom Money Fund monthly dividend. Members with any AFCU Credit Card will earn a 0.10% bonus on their Member Freedom Money Fund monthly dividend. That all adds up to a 0.50% bonus added to the already great Member Freedom Money Fund dividend rates.
Direct Deposit/Payroll Deduction
Take advantage of Direct Deposit/Payroll Deduction to help your savings grow and secure your financial future. This service allows you to earmark for savings part of each paycheck-as little as $1.00 or as much as you would like. You will enjoy seeing measurable results in no time, and receive the satisfaction of knowing you are well on track to meet your long-term saving goals.
Your Money is Safe Here
At Arkansas Federal, we are absolutely committed to the protection of our members' funds. Our professional management team ensures that your funds are safeguarded at all times. Each account is insured up to $350,000 ($100,000 by the National Credit Union Administration NCUA, a U. S. Government Agency, and an additional $250,000 by Excess Share Insurance, Inc.)
How to Open A Member Freedom Money Fund Account
A Member Freedom Money Fund Account may be opened at any Arkansas Federal branch office or by contacting the Call Center 982-1000 in central Arkansas or 800-456-3000 outside central Arkansas.
