We are implementing a new standard for accounts with multiple owners. Effective September 15, 2025 membership accounts must have the same joint members listed on all shares and loans under that membership number.
This will create consistency for account setup, making it even easier for members to open new accounts and manage their account access.
We will not be making changes to current accounts. This will only affect new shares or loans opened on or after September 15, 2025.
AmeriCU will be depositing an additional penny into your share account for each joint individual on the membership, representing equal ownership in the credit union. You will see this held from your available funds.
Please note these changes do not apply to Business Accounts, Legal Entity Accounts, IRAs, or Line of Credits.
Questions? Click ‘Let’s Connect’ for assistance.
Related News
News
AmeriCU Introduces New High Rate Money Market Account as Consumers Prioritize Flexible Savings
As consumers continue to adapt to rising costs of living and shifting financial priorities, many are increasingly looking for ways to grow their money without sacrificing access to their funds. In response, AmeriCU Credit Union has introduced a new High-Rate Money Market Account designed to offer both competitive returns and liquidity.
News
AmeriCU Charitable Foundation Delivers 360 Books to Madison-Oneida BOCES Students
The AmeriCU Charitable Foundation recently visited Madison-Oneida BOCES to share 360 books with students as part of the “One School, One Book” initiative. AmeriCU volunteers spent their visit reading with students and personally handing out a book to each child.