Savings Accounts

AdvantagePlus is pleased to make a variety of savings accounts available for each member's different needs. Select accounts such as our Regular Share Account, Special Account, Christmas Club, and Kidz Advantage Club return attractive dividends that also become part of your savings. A minimum balance of $5.00 is required to open a regular savings account or a Kidz Advantage account plus a one time fee of $0.50.

Our Kidz Advantage Club has no monthly service charge.
For students up through eight grade,  we pay $1.00 per A or O up to $5.00 per report card.
For kids up through age 12, we send out birthday greetings and have other assorted events during the year. What a great way to teach kids to save!

Christmas Club begins October 1st, but may be started at any time during the year. On September 30th, we transfer your Christmas Club funds to your regular share account or draft account for you to withdraw whenever is convenient for you.

Share Certificates are also available that can earn you even higher dividends! A $500 minimum balance is required to open a certificate.

Traditional IRA's are available in an 18 or 36 month certificate ($500 minimum balance) or as a share account for payroll deductions. Roth IRA's and the Coverdell Education Account are also available as share accounts.

 Apply to become a Member >>   Current Savings Rates>>


Membership Fee - $0.50
Christmas Savings Early Withdrawal - $5.00 per withdrawal
Regular Share Account Service Fee if Balance < $50 - $2 per month
Federal Express Fee to Overnight a Check - $15
Money Order - $1 per money order
NSF - $25 per item*
Returned Deposit Item - $8.00 per item
Statement Copy - $5 per copy
Returned Mail- $2.00 if unable to contact

ATM Withdrawals > 4 per month - $1 per withdrawal**
ATM Balance Inquiry - $1 per inquiry at non-APIFCU machines

Wires International - $90 per wire transfer
Wires Outgoing - $20 per wire transfer

* all negotiable and electronic items
   fees could reduce account earnings
**unlimited withdrawals at all APIFCU ATM's


Funds Availability Policy:

AdvantagePlus of Indiana Federal Credit Union offers same day availability for most funds deposited
with the Credit Union by 6:15pm on a business day (12:00pm on Saturdays).

SPECIFIC EXCEPTION HOLDS. The Credit Union may place a 10 day specific exception hold where the transaction involves reasonable belief that the check is uncollectible; repeated overdrafts; new accounts; large deposits; redeposited items; and emergency conditions.

  Specific Exceptions.
   Uncollectible Checks.
   Stale dated check (over twelve months old);
   Improper endorsement;
   Evidence suggests that the member is engaged in check kiting; or
   Credit Union has received a notice of dishonor from the financial institution against which the check is drawn.
The member has had several deposited checks returned.
New Accounts. (Sole transaction account with Credit Union less than 30-days old.)

Deposits Exceeding $500 to Inactive Minimum Balance Share or Draft Accounts. The Credit Union may apply this exception to inactive accounts (accounts with no regular "in person" deposits or direct deposits). It can apply to a single deposit or an aggregate of deposits made in a single day. This also applies to members depositing in shared branching outlets.


 Re-deposited Items. Items previously returned by the paying institution for non-technical reasons (i.e., missing edorsement or the check is post-dated).

Emergency Conditions. Conditions such as war, earthquake, fire, flood, power or equipment failure, suspension of payments from another financial condition, or any other emergency. A hold will be placed on the funds for a reasonable time after the emergency has passed.

Notice. If the Credit Union decides to impose a specific hold, it will immediately deliver proper notice to the member depositor. In the event of a night deposit or shared branching deposit- we will attempt to call the member to notify them of the hold. If for some reason the Credit Union fails to contact the member or deliver notice at the time of the transaction, the Credit Union will refund any return check fees or overdraft fees assessed. The notice will include:

Statement that the Credit Union is holding the funds;
Reason for the hold;
Member's name and truncated account number;
Date and amount of deposit; and
Date the funds will be available.