A Better Savings Strategy
It’s easy to forget to transfer to your savings account. With our Pocket Change automatic savings, purchases made with a debit card are rounded up to the next whole dollar amount. The difference is automatically transferred from your checking account into your Pocket Change Account. Earn higher rates on the first $750.
How It Works
Let’s say you spend $10.01 at your favorite coffee shop. We round up to $11.00, and $.99 cents are transferred to your account. After coffee, you stop by the gas station and spend $20.00 to fill up your car. We round up to the next whole dollar amount to transfer into your Pocket Change account. The total of the round-up amounts will appear as a single transfer from your checking account to your savings account at the end of the day.
- Automatic savings by rounding up debit card purchases
- Never forget to save again
- Higher rates on the first $750 in the account (Check Rates)
- Requires a checking account with debit card
Certain restrictions apply. Available to qualifying members only. Checking account subject to credit approval. Balances over $750.00 earn dividends at the regular share rate.
Pocket Change Account
| APY* | For Amounts From | |
| 0.25% | $750 and up | Apply Now |
| 3.00% | $0 - $750 | Apply Now |
*Annual Percentage Yield
Rates effective as of today, and is subject to change after the account is opened.
Rate Information: The dividend rate and annual percentage yield may change every quarter as determined by AmFirst’s Board of Directors.
Compounding and crediting: Dividends will be compounded every quarter. Dividends will be credited to your account every quarter. For this account type, the dividend period is quarterly, for example, the beginning date of the first dividend period of the calendar year is January 1 and the ending date of such dividend period is March 31. All other dividend periods follow the same pattern of dates. The dividend declaration period is the last day of the dividend period, and for this example would be March 31. If you close your account before dividends are credited to your account, you will not receive accrued dividends.
Minimum Balance Requirements: There is no minimum balance required to open this account. You must maintain a minimum average daily balance of $.01 in your account to obtain the disclosed annual percentage yield.
Balance Computation Method: Dividends are calculated by the average daily balance method which applies a periodic rate to the average daily balance in the account for the dividend period. The average daily balance is calculated by adding the balance in the account for each day of the period and dividing that figure by the number of days in the period.
Accrual of Dividends: Dividends will begin to accrue on the business day funds are deposited into your account.
Transaction Limitations: Deposits into this account may only be made by Pocket Change transfers from Debit Card transactions. Debit Card transactions are rounded up to the nearest whole dollar amount and the difference is deposited to your Pocket Change account at the end of each day. Funds may not be withdrawn from this account through an ATM, ITM, Debit Card, or ACH transaction. During any calendar month you may not make more than six withdrawals from or transfers to another credit union account of yours or to a third party by means of a pre-authorized, automatic transfer, telephonic order or instruction, check, draft, debit card, or similar order to a third party. If you exceed these limitations the transaction may be denied, an item presented for payment will be returned and may be subject to a fee, or your account may be closed.
Nature of Dividends: Dividends are paid from current income and available earnings, after required transfers to reserves at the end of a dividend period.
Start saving, automatically. Open your automatic savings account online, by calling 205-320-4000, or by stopping by a branch.
Check out our rates
Low rates. Generous terms. Reasonable payments. That’s our AmFirst promise.
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