Deposit Accounts

Each of us have different reasons for saving our money. With some of the best rates on the market, AMOCO wants to make your savings possibilities endless. Whether you are wanting to start an emergency fund, stock away money for a vacation, or save for retirement, we have an account designed just for you!

Building a financial future starts with a savings account. With as little as $1, you can open a savings account with AMOCO and start your financial foundation. Additionally, your savings account can be easily accessed if an emergency arises.

Teaching responsible saving habits to your children prepares them to be successful adults. Not only are you laying a healthy financial foundation, this savings account has great perks for all minors under the age of 18.

Term Share Certificates return the greatest amount of interest if you do not plan to spend the deposit amount within your certificate term. You can save for one to seven years and see a greater return on your investment.

Bump Up Certificate: A Bump Up Certificate has all the same terms as Standard Certificates, but the interest rates are .15 bps lower across the board. Throughout the term of the certificate, a member can use their one-time Bump Up to increase their rate. The Bump Up can be used during anytime of your certificate term and will Bump Up to the standard certificate rate of the same term. IRA One Time Bump Up Certificates are also available.

APY is annual percentage yield and is based on dividend compounding monthly. Early withdrawals are subject to penalty. For all certificate accounts, the early withdrawal penalty is as follows: Terms of 12 months = 90 days’ dividends, Terms of 24 – 36 months = 120 days’ dividends, Terms of 48 – 60 months = 270 days’ dividends, Terms of 84 months = 365 days’ dividends. The Member Loyalty Certificate Rate Bump Up can be applied to all Term Share Certificate product types, excluding special promotions.

.85% Anniversary Bump-Up Plus Member Loyalty Rewards Ribbons

We’re celebrating 85 years in business by offering a special 0.85% Rate Bump-Up* on a new Term Share Certificate now through December 31, 2022! Plus, use Member Loyalty Rewards to increase your savings for all Term Share Certificate product types.

Offer valid 10/17/22 – 12/31/22. Existing Term Share Certificates and automatic renewals do not qualify for the 0.85% rate bump-up. To qualify, the 0.85% rate bump-up must be mentioned upon the 10-day grace period prior or after renewal. Early withdrawals are subject to penalty. Member Loyalty Certificate Rate Bump Up can be applied in addition to 0.85% rate bump-up to all Term Share Certificate terms and product types . This offer is subject to change without notice. Rates are subject to change during promotional period. Federally insured by NCUA.

An IRA offers significant tax advantages that allows you to set aside money for retirement or education. At AMOCO, we offer Traditional, SEP, Roth and Coverdell ESA IRAs that help you achieve your financial goals.

An IRA Term Share Certificate is a great alternative for a retirement account or saving for education. You’ll get all the benefits of an IRA with added security, flexibility, and at a higher rate of return.

To open an IRA Term Share Certificate, please stop by a branch or through Video Banking.