Certificates of Deposit (CDs)
Key Features
- No fee unless withdrawal before maturity date (penalty is paid for early withdrawal)
- 5 day grace period (calendar days) for withdrawal
- Interest earned monthly
Key Benefits
- Earns you money
Requirements
- Member of Telco Credit Union
- Must complete CD application
- Minimum deposit of $1000.00
Share Accounts
| Type | Rate | APY |
|---|---|---|
| Share Savings | .05 | .05 |
| IRA | .05 | .05 |
| Checking | .00 | .00 |
| Money Markets | .05 | .05 |
Certificates
| Months | Rate | APY |
|---|---|---|
| 6 | .15 | .15 |
| 12 | .15 | .15 |
| 18 | .15 | .15 |
| 24 | .20 | .20 |
| 30 | .20 | .20 |
| 48 | .30 | .30 |
| 60 | .40 | .40 |