We can make saving money stress-free and simple by enabling our members to deposit funds into a certificate. With this opportunity you’ll earn high dividends and be protected from the temptation of breaking open the piggy bank.
By depositing funds into a certificate, you are committing to saving your funds for a specific period of time with the duration being up to you. During this period, your funds will earn our highest rate of return. Rates are offered at higher percentages for those with certificate balances over $40,000 and $100,000.
Credit Union 1 understands you need flexibility in your life, which is why our terms vary from 30 days up to 5 years, with a minimum certificate deposit of $500. The term of your certificate and your annual percentage yield will be determined when the certificate is opened.
(Certificate dividends are calculated on a daily balance and are paid as well as compounded quarterly.)
Retirement doesn't just have to be a far-fetched dream any longer. At Credit Union 1, we can help you prepare for the future with an Individual Retirement Account (IRA) fit for you. Our experts will help guide you through the sometimes murky waters of setting up an IRA, and help you decipher the features and benefits of each option. It’s time to say goodbye to worrying about retirement and hello to the satisfaction of financial security.
To get you started, here's a simple list of IRA Certificate and IRA Savings options: