A Certificate of Deposit (CD) from 1st Ed Credit Union offers an excellent way to earn more on your deposits for a set time. CDs are also turnkey and easy to open – simply agree to keep a specific amount on deposit for a set term.
When it comes to investing, you can choose from a number of flexible CD options.
- Minimum opening deposit of $500
- Dividends compounded and credited monthly
- Terms of 12, 24, 36 or 60 months
- Monitor your funds online
Early withdrawals are subject to penalty. Earnings (dividends) may be withdrawn or transferred into another account without penalty.
Share Certificates
Minimum Deposit: $500
Certificate rates can change at any time.
An early withdrawal creates a penalty in the amount of $25 + 90-days’ dividend. Penalty may invade principal
*APY indicates Annual Percentage Yield. Contact the credit union for information on applicable fees and terms. Fees could reduce earnings on the account.
**APY=Annual Percentage Yield. Promotional offer effective 11/15/18 and subject to change or end at any time. Must be new money. Offer not valid on IRA certificates. Minimum certificate purchase amount: $5,000. After maturity, certificate will automatically renew as a 36-month certificate at the prevailing rate, unless member indicates otherwise. Subject to penalty for early withdrawal. Penalty may reduce earnings on account. Federally Insured by NCUA.
| Info and/or Terms | Interest Rate | APY |
|---|---|---|
| 1-Year Share Certificate | 1.15% | 1.156% |
| 2-Year Share Certificate | 1.40% | 1.409% |
| 3-Year Share Certificate | 1.95% | 1.968% |
| 5-Year Share Certificate | 2.25% | 2.273% |
| 38-Month Share Certificate Special** | 2.472% | 2.50% |
Enjoy the guaranteed earnings of a CD at 1st Ed.
Open Your Certificate Today!Your savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government by National Credit Union Administration (NCUA), a U.S. Government Agency.