Ameriprise Cash Reserve Certificate |
•Purchase this certificate in any amount from $1,000 through $2 million or with monthly investments of at least $50. •Earn a fixed rate of interest declared every three
months. •Keep your certificate for up to 20 years from its issue date. •No withdrawal charges. |
Earn competitive rates with ready access to your cash reserves. | |
Ameriprise Flexible Savings Certificate |
•Purchase this certificate in any amount from $1,000 through $2 million. •Select a term of 3, 6, 7, 9, 12, 13, 18, 24, 30 or 36 months.
•Add up to 25% of your original investment during the term. •Invest in successive terms up to a total of 20 years from the issue
date of the certificate.
•2% withdrawal charge applies for withdrawals during a term in excess of 10% of principal*. |
Earn rates guaranteed
by Ameriprise Certificate Company for the term you choose. | |
Ameriprise
Installment Certificate |
•Purchase this certificate with monthly investments in any amount
from $50 through $5,000.
•Earn a fixed rate of interest declared every three months. •Keep your certificate for up to 10 years from its issue date.
•2% withdrawal charge applies to principal withdrawn during the first three years*. |
Establish a disciplined approach to saving |
1
| |
2 | |
3
| |
3 | |
8
| |
9 | |
9
| |
13 | |
16
| |
16 | |
22
| |
28 | |
28
| |
30 | |
34
| |
34 | |
39
| |
43 | |
48
| |
58 |
Investment amount |
Interest rate* |
Effective annualized yield** |
$50 to $9,999.99 |
1.99% |
2.00% |
$10,000 to $24,999.99 |
1.99% |
2.00% |
$25,000 or more |
1.99% |
2.00% |
Term |
Interest rate* |
Effective annualized yield** |
3 month |
4.56% |
4.65% |
6 month |
4.61% |
4.70% |
7 month |
4.61% |
4.70% |
9 month |
4.46% |
4.55% |
12 month |
4.41% |
4.50% |
13 month |
4.51% |
4.60% |
18 month |
4.37% |
4.45% |
24 month |
4.13% |
4.20% |
30 month |
4.03% |
4.10% |
36 month |
3.74% |
3.80% |
Company Name |
Services |
Columbia Management Investment Advisers, LLC |
Investment Management Services |
Ameriprise Financial, Inc.
(Ameriprise Financial) |
Administrative Services |
Ameriprise Financial Services, LLC
(Ameriprise Financial Services) |
Distribution Services |
Columbia Management Investment Services Corp. |
Transfer Agent Services |
Ameriprise Trust Company |
Custodian Services |
Principal equals |
Face amount (initial investment) |
plus |
At the end of a period, interest credited to your account during the period |
minus |
Any interest paid to you in cash |
plus |
Any additional investments |
minus |
Any withdrawals |
|
$5,000 |
Face amount (initial investment) |
plus |
75 |
Interest credited to your account |
minus |
(0) |
Interest paid to you in cash |
plus |
2,500 |
Additional investment |
minus |
(0) |
Withdrawals |
|
$7,575 |
Principal at the beginning of the next period |
Investment Amount |
Rate For New Purchases |
From $50 to $9,999.99 |
Within a range from 35 basis points (0.35%) below to 65 basis points (0.65%) above the National Deposit Rate published for 3-month CDs |
From $10,000 to $24,999.99 |
Within a range from 35 basis points (0.35%) below to 65 basis points (0.65%) above the National Deposit Rate published for 3-month CDs |
$25,000 and above |
Within a range from 35 basis points (0.35%) below to 65 basis points (0.65%) above the National Deposit Rate published for 3-month CDs |
Investment Amount |
Promotion Rate |
From $50 to $9,999.99 |
Within a range from 10 basis points (0.10%) below to 90 basis points (0.90%) above the National Deposit Rate published for 3-month CDs |
From $10,000 to $24,999.99 |
Within a range from 10 basis points (0.10%) below to 90 basis points (0.90%) above the National Deposit Rate published for 3-month CDs |
$25,000 and above |
Within a range from 10 basis points (0.10%) below to 90 basis points (0.90%) above the National Deposit Rate published for 3-month CDs |
Principal equals |
Face amount (initial investment) |
plus |
At the end of a term, interest credited to your account during the term |
minus |
Any interest paid to you in cash |
plus |
Any additional investments |
minus |
Any withdrawals, fees and applicable penalties |
|
$5,000 |
Face amount (initial investment) |
plus |
75 |
Interest credited to your account |
minus |
(0) |
Interest paid to you in cash |
plus |
2,500 |
Additional investment |
minus |
(0) |
Withdrawals |
|
$7,575 |
Principal at the beginning of the next term |
3 months |
Within a range from 220 basis points (2.20%) above to 320 basis points (3.20%) above the National Deposit Rate published for 3-month CDs. |
6 months |
Within a range from 235 basis points (2.35%) above to 335 basis points (3.35%) above the National Deposit Rate published for 6-month CDs. |
9 months |
Within a range from 220 basis points (2.20%) above to 320 basis points (3.20%) above the National Deposit Rate published for 6-month CDs. |
12 months |
Within a range from 190 basis points (1.90%) above to 290 basis points (2.90%) above the National Deposit Rate published for 12-month CDs. |
18 months |
Within a range from 185 basis points (1.85%) above to 285 basis points (2.85%) above the National Deposit Rate published for 12-month CDs. |
24 months |
Within a range from 190 basis points (1.90%) above to 290 basis points (2.90%) above the National Deposit Rate published for 24-month CDs. |
30 months |
Within a range from 180 basis points (1.80%) above to 280 basis points (2.80%) above the National Deposit Rate published for 24-month CDs. |
36 months |
Within a range from 165 basis points (1.65%) above to 265 basis points (2.65%) above the National Deposit Rate published for 36-month CDs. |
3 months |
Within a range from 230 basis points (2.30%) above to 330 basis points (3.30%) above the National Deposit Rate published for 3-month CDs. |
6 months |
Within a range from 245 basis points (2.45%) above to 345 basis points (3.45%) above the National Deposit Rate published for 6-month CDs. |
9 months |
Within a range from 230 basis points (2.30%) above to 330 basis points (3.30%) above the National Deposit Rate published for 6-month CDs. |
12 months |
Within a range from 200 basis points (2.00%) above to 300 basis points (3.00%) above the National Deposit Rate published for 12-month CDs. |
18 months |
Within a range from 195 basis points (1.95%) above to 295 basis points (2.95%) above the National Deposit Rate published for 12-month CDs. |
24 months |
Within a range from 200 basis points (2.00%) above to 300 basis points (3.00%) above the National Deposit Rate published for 24-month CDs. |
30 months |
Within a range from 190 basis points (1.90%) above to 290 basis points (2.90%) above the National Deposit Rate published for 24-month CDs. |
36 months |
Within a range from 175 basis points (1.75%) above to 275 basis points (2.75%) above the National Deposit Rate published for 36-month CDs. |
7 months* |
Within a range from 235 basis points (2.35%) above to 335 basis points (3.35%) above the National Deposit Rate published for 6-month CDs. |
11 months |
Within a range from 215 basis points (2.15%) above to 315 basis points (3.15%) above the National Deposit Rate published for 12-month CDs. |
19 months |
Within a range from 210 basis points (2.10%) above to 310 basis points (3.10%) above the National Deposit Rate published for 12-month CDs. |
25 months |
Within a range from 215 basis points (2.15%) above to 315 basis points (3.15%) above the National Deposit Rate published for 24-month CDs. |
31 months |
Within a range from 205 basis points (2.05%) above to 305 basis points (3.05%) above the National Deposit Rate published for 24-month CDs. |
37 months |
Within a range from 190 basis points (1.90%) above to 290 basis points (2.90%) above the National Deposit Rate published for 36-month CDs. |
7 months* |
Within a range from 245 basis points (2.45%) above to 345 basis points (3.45%) above the National Deposit Rate published for 6-month CDs. |
11 months |
Within a range from 225 basis points (2.25%) above to 325 basis points (3.25%) above the National Deposit Rate published for 12-month CDs. |
13 months* |
Within a range from 200 basis points (2.00%) above to 300 basis points (3.00%) above the National Deposit Rate published for 12-month CDs. |
19 months |
Within a range from 220 basis points (2.20%) above to 320 basis points (3.20%) above the National Deposit Rate published for 12-month CDs. |
25 months |
Within a range from 225 basis points (2.25%) above to 325 basis points (3.25%) above the National Deposit Rate published for 24-month CDs. |
31 months |
Within a range from 215 basis points (2.15%) above to 315 basis points (3.15%) above the National Deposit Rate published for 24-month CDs. |
37 months |
Within a range from 200 basis points (2.00%) above to 300 basis points (3.00%) above the National Deposit Rate published for 36-month CDs. |
Total investments |
$20,000
|
Interest credited |
600 |
Total balance |
$20,600
|
|
|
Requested check |
$5,000 |
Credited interest withdrawn |
(600 ) |
10% of principal — not subject to penalty |
(2,000 ) |
|
|
Remaining portion of requested withdrawal — subject to penalty |
$2,400
|
Withdrawal penalty percent |
2% |
Actual withdrawal penalty |
$48
|
|
|
Balance prior to withdrawal |
$20,600
|
Requested withdrawal check |
(5,000 ) |
Withdrawal penalty |
(48 ) |
Total balance after withdrawal |
$15,552 |
Total investments |
$7,200.00
|
Interest credited |
75.48 |
Total balance |
$7,275.48
|
Credited interest |
$75.48
|
Withdrawal of principal |
924.52 |
Total requested withdrawal |
$1,000.00
|
Principal withdrawn |
$924.52
|
Withdrawal penalty % |
2% |
Withdrawal penalty |
$18.49
|
Beginning balance |
$7,275.48
|
Credited interest withdrawn |
(75.48 ) |
Principal withdrawn |
(924.52 ) |
Withdrawal penalty (also from principal) |
(18.49 ) |
Remaining balance |
$6,256.99 |
Type of investment |
Net amount invested |
Mortgage and other asset backed securities |
62% |
Corporate and other bonds |
31% |
Mortgage loans and other loans |
1% |
Cash and cash equivalents |
6% |
Included assets |
Percentage of net invested assets |
First $250 million |
0.350% |
Next $250 million |
0.300% |
Next $500 million |
0.250% |
Any amount over $1 billion |
0.200% |
Year |
Total fees |
2023 |
$27,818,955 |
2022 |
$13,138,271 |
2021 |
$13,790,346 |
Name, address, age |
Position held
with ACC and
length of service |
Principal occupations
during past ten years |
Other directorships |
Committee memberships |
Karen M. Bohn* 5228 Ameriprise Financial Center H27/5228 Minneapolis, MN 55474 Born in 1953 |
Chair of the Board since 2009;
Board member since 2001 |
President, Galeo Group
LLC, a management
consulting firm, since
1998; business
consultant |
Otter Tail
Corporation,
Riversource Life
Insurance Company
of New York |
Audit |
Name, address, age |
Position held
with ACC and
length of service |
Principal occupations
during past ten years |
Other directorships |
Committee memberships |
Lorna P. Gleason 5228 Ameriprise Financial Center H27/5228 Minneapolis, MN 55474 Born in 1956 |
Board member since 2011 |
President, Financial
Assets Advisors, LLC, a
consulting firm, since
2010; Senior Vice
President, UMB 2010 –
2021; Vice President
and Senior Vice
President, Wells Fargo,
2008 – 2010; Senior
Managing Director,
GMAC Health Capital,
2000-2007 |
Heritage Campus
Group (Chair of the
Board) |
Audit |
Ronald L. Guzior*
5228 Ameriprise
Financial Center
H27/5228 Minneapolis, MN 55474 Born in 1962 |
Board member since 2021 |
Partner, BST & Co. CPAs,
LLP, since 1998 |
RiverSource Life
Insurance Company
of New York |
Audit |
Robert McReavy 5228 Ameriprise Financial Center H27/5228 Minneapolis, MN 55474 Born in 1959 |
Board member since 2012 |
COO, CFO and General
Counsel, Jeffrey Slocum
& Associates 2007 –
2017 |
None |
Audit |
Name, address, age |
Position held with ACC
and length of service |
Principal occupations
during past ten years |
Other directorships |
Committee memberships |
Abu M. Arif One World Trade Center 78th Floor
New York, NY 10007
Born in 1967 |
Board member since 2013;
President and Chief
Executive Officer
since August 2012 |
President, Ameriprise
Bank, FSB (formerly
Ameriprise National
Trust Bank) since
September 1, 2018;
Executive Vice President
and General Manager
AWM Banking & Cash
Solutions since January
1, 2013; Senior Vice
President and General
Manager AWM Cash &
Payment Solutions,
Ameriprise Bank FSB
2007 – 2012 |
Ameriprise Bank,
FSB; Creating
Healthier
Communities (non-
profit healthcare
organization) since
2019
|
None |
Independent Directors |
Total Cash Compensation |
Karen M. Bohn |
$82,000 |
Lorna P. Gleason |
$58,000 |
Ronald L. Guzior |
$58,000 |
Robert McReavy |
$68,000 |
Interested Director |
Total Cash Compensation |
Abu M. Arif |
$0.00 |
Name, address, age |
Position held with ACC and
length of service |
Principal occupations during past five years |
Other directorships |
Committee memberships |
James R. Hill 50642 Ameriprise Financial Center Minneapolis, MN 55474
Born in 1966 |
Vice President
and Chief
Financial Officer
since November
2021 |
Vice President, Advice &
Wealth Management
LFO since 2017;
Director, AWM LFO 2014
– 2017 |
None |
None |
Brian Granger 50642 Ameriprise Financial Center Minneapolis, MN 55474 Born in 1962 |
Vice President,
Controller and
Chief Accounting
Officer since May
2021 |
Business Unit
Controller/ Senior
Director of Regulatory
Reporting since
September 2020;
Director of Technical
Accounting, August
2015 – September
2020 |
Director and
President - Saint 4
Life Foundation
(non-profit hockey
alumni corporation) |
None |
Megan E. Garcy 71 S. Wacker Drive Suite 2500 Chicago, IL 60606 Born in 1985 |
Vice President,
General Counsel
and Secretary
since September
2018 (previously
Assistant Secretary,
November 2014-
September 2018) |
Vice President and
Group Counsel – Asset
Management since
August 2022
(previously, Senior
Counsel – Asset
Management, March
2020 – August 2022
and Counsel – Asset
Management, August
2015 – March 2020);
Assistant Secretary of
Columbia Funds since
2016 |
None |
None |
Sony Malhotra 1041 Ameriprise Financial Center Minneapolis, MN 55474 Born in 1974 |
Chief Operating
Officer since June
2019 |
Vice President & Officer,
American Enterprise
Investment Services,
Inc. since August 2017
(previously Vice
President of Service,
June 2011 – August
2017); Chief Operating
Officer, Ameriprise Bank,
FSB, since May 2019 |
None |
None |
Dana L. DeMets- Meader 20661 Ameriprise Financial Center Minneapolis, MN 55474 Born in 1963 |
Chief Compliance
Officer since
September 2020 |
Vice President, Asset
Management
Compliance, Ameriprise
Financial, Inc. since
2017; Chief Compliance
Officer, Columbia
Management Investment
Services Corp. since
2016 |
None |
None |
(800) 862-7919 |
Ameriprise Financial Account value, cash transaction information, current rate information, withdrawals, transfers, inquiries (automated response for Touchtone® phones only) |
AMERIPRISE CERTIFICATE COMPANY | |
By: |
/s/ Abu M. Arif |
|
Abu M. Arif |
|
President |
Signature |
Title |
/s/ Abu M. Arif Abu M. Arif |
President and Director (Principal Executive Officer) |
/s/ James R. Hill James R. Hill |
Vice President and Chief Financial Officer (Principal Financial Officer) |
/s/ Brian Granger Brian Granger |
Vice President, Controller and Chief Accounting Officer (Principal Accounting Officer) |
/s/ Karen M. Bohn* Karen M. Bohn |
Director |
/s/ Lorna P. Gleason* Lorna P. Gleason |
Director |
/s/ Ronald. L. Guzior* Ronald L. Guzior |
Director |
/s/ Robert McReavy* Robert McReavy |
Director |
*By: /s/Megan E. Garcy
Megan E. Garcy** |
|
Exhibit Number |
Exhibit
Description |
Form |
File
No. |
Registrant |
Post-Effective Amendment
NO. |
Incorporated by reference
Exhibit |
Filing Date |
Filed Herewith |
1(a) |
S-1 |
2-95577 |
Ameriprise Flexible Savings Certificate |
35 |
1 |
2/26/2007 |
| |
1(b) |
10-K |
811-00002 |
Ameriprise Certificate Company |
N/A |
10(c) |
2/24/2021 |
| |
2 |
Not Applicable |
|
|
|
|
|
|
|
3(a) |
10-K |
811-00002 |
Ameriprise Certificate Company |
N/A |
3(a) |
3/10/2006 |
| |
3(b) |
10-Q |
811-00002 |
Ameriprise Certificate Company |
N/A |
3(b) |
11/5/2010 |
| |
4 |
Not applicable |
|
|
|
|
|
|
|
5 |
S-1 |
2-76193 |
Ameriprise Installment Certificate |
46 |
5 |
4/20/2018 |
| |
6 through 9 |
Not Applicable |
|
|
|
|
|
|
|
Exhibit Number |
Exhibit
Description |
Form |
File
No. |
Registrant |
Post-Effective Amendment
NO. |
Incorporated by reference
Exhibit |
Filing Date |
Filed Herewith |
10(a) |
10-K |
811-00002 |
Ameriprise Certificate Company |
N/A |
10(a) |
2/27/2019 |
| |
10(b) |
|
811-00002 |
Ameriprise Certificate Company |
N/A |
10(s) |
3/10/2006 |
| |
10(c) |
S-1 |
2-95577 |
Ameriprise Flexible Savings Certificate |
35 |
10(c) |
2/26/2007 |
| |
10(c)(i) |
S-1 |
2-95577 |
Ameriprise Flexible Savings Certificate |
45 |
10(c)(i) |
4/25/2014 |
|
Exhibit Number |
Exhibit
Description |
Form |
File
No. |
Registrant |
Post-Effective Amendment
NO. |
Incorporated by reference
Exhibit |
Filing Date |
Filed Herewith |
10(d) |
S-1 |
2-95577 |
Ameriprise Flexible Savings Certificate |
35 |
10(e) |
2/26/2007 |
| |
10(d)(i) |
10-K |
811-00002 |
Ameriprise Certificate Company |
N/A |
10(d) |
2/27/2013 |
| |
10(d)(ii) |
10-K |
811-00002 |
Ameriprise Certificate Company |
N/A |
10(d) |
2/23/2017 |
| |
10(e) |
10-K |
811-00002 |
Ameriprise Certificate Company |
N/A |
10(f) |
3/2/2009 |
| |
10(e)(i) |
S-1 |
2-68296 |
Ameriprise Cash Reserve Certificate |
41 |
10(f)(i) |
4/30/2014 |
| |
10(f)(i) |
10-K |
811-00002 |
Ameriprise Certificate Company |
N/A |
10(l) |
2/23/2018 |
|
Exhibit Number |
Exhibit
Description |
Form |
File
No. |
Registrant |
Post-Effective Amendment
NO. |
Incorporated by reference
Exhibit |
Filing Date |
Filed Herewith |
10(f)(ii) |
10-K |
811-00002 |
Ameriprise Certificate Company |
N/A |
10(p) |
2/24/2021 |
| |
10(g) |
10-K |
811-00002 |
Ameriprise Certificate Company |
N/A |
10(m) |
2/23/2018 |
| |
10(h) |
10-K |
811-00002 |
Ameriprise Certificate Company |
N/A |
10(n) |
2/23/2023 |
| |
10(i) |
10-K |
811-00002 |
Ameriprise Certificate Company |
N/A |
10(o) |
2/26/2020 |
| |
11 through 13 |
Not Applicable |
|
|
|
|
|
|
|
14(a) |
10-K |
811-00002 |
Ameriprise Certificate Company |
N/A |
14(a) |
2/27/2019 |
|
Exhibit Number |
Exhibit
Description |
Form |
File
No. |
Registrant |
Post-Effective Amendment
NO. |
Incorporated by reference
Exhibit |
Filing Date |
Filed Herewith |
14(b) |
10-K |
811-00002 |
Ameriprise Certificate Company |
N/A |
14(b) |
2/22/2024 |
| |
14(c) |
10-K |
811-00002 |
Ameriprise Certificate Company |
N/A |
14(c) |
2/22/2024 |
| |
15 through 22 |
None |
|
|
|
|
|
|
|
23 |
S-1 |
2-76193 |
Ameriprise Installment Certificate |
53 |
N/A |
4/19/2024 |
* | |
24(a) |
S-1 |
2-76193 |
Ameriprise Installment Certificate |
53 |
N/A |
4/19/2024 |
* | |
24(b) |
S-1 |
2-76193 |
Ameriprise Installment Certificate |
53 |
N/A |
4/19/2024 |
* | |
25 through 27 |
None |
|
|
|
|
|
|
|