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 | .01 | .01 |
| IRA | .01 | .01 |
| Checking | .00 | .00 |
| Money Markets | .01 | .01 |
Certificates
| Months | Rate | APY |
|---|---|---|
| 6 | 1.05 | 1.06 |
| 12 | 1.10 | 1.11 |
| 18 | 1.10 | 1.11 |
| 24 | 1.20 | 1.20 |
| 30 | 1.40 | 1.41 |
| 48 | 1.40 | 1.41 |
| 60 | 1.60 | 1.61 |