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Home > Savings Accounts > Insured Money Management Account (IMMA)...
Insured Money Management Account (IMMA)
Account Description |
A premium savings account that may pay higher dividends than the main share, and may have the convenience of writing drafts.
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Dividends Paid |
- Compounded and paid monthly on the average daily balance. Posted on the 1st of the month.
- $0 - $1,999 (Share Draft Rate)
- $2,000 - $4,999 (Tier 1 Rate)
- $5,000 - $24,999 (Tier 2 Rate)
- $25,000 - $49,999 (Tier 3 Rate)
- $50,000 - $99,999 (Tier 4 Rate)
- $100,000 + (Tier 5 Rate)
Check current rates
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Account Benefits |
- Federally Insured through NCUA
- Check-writing capabilities
- Direct Deposit available
- Automatic Transfers available*
- Easy access via ATM, US mail, TellerPhone, CU Always, in-person, and KFCU Online
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Monthly Service Fee |
None
No charge for IMMA checks
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Minimum Deposit to Open |
$2,000
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Balance Requirement |
None - Balance below $2,000 earn current share draft rate
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Eligible for an IRA?
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Yes |
Minimum Withdrawal Amount |
$2501
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Can be linked to your checking account for Overdraft Protection |
Yes2
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Access where, when, and how you like |
- Free, secure access to KFCU Online
- More than 50,000 ATMs worldwide
- Four convenient branch locations in Albuquerque
- CU Always telephone access 24/7
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1. Withdrawals, Drafts, or Transfers from IMMA (No ATM allowed. Reg D* applies)
2. Minimum ODP transfer is $250.
* Reg. D limits Electronic or Telephone Transfers to 6 (no more than 3 by check to a third party) per calendar month. Does not include Deposits/Withdrawals made in person or via ATM, or preauthorized Loan Payments to KFCU.
KFCU does not allow "2 Signature Required" accounts.
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