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Certificates of Deposit
(CDs) are an investment that offers maximum security and a guaranteed
rate of return. The annual percentage yield is fixed for the term
of the deposit. Funds invested in a CD are insured by the NCUA up
to a total of $100,000 per deposit or per institution. |
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- Special CDs may be opened by calling calling Express Services or visiting any SCCU branch. Online account opening is not available for special rate CDs.
- New money only EXCEPT: Members as of July, 2003 may fund up to 50% of the CD with existing SCCU funds
- Offer ends when $10 million has been funded or the offer is withdrawn by SCCU
All CDs offered are also available for IRA and Business
Accounts.
CDs may only be opened in the branch, by mail or thru Online Banking.
CDs must be fully funded at the time the CD is opened.
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*Minimum deposit required is $500. Maximum deposit is $100,000. Other rates available for other maturities. Penalty for early withdrawal. Limited time offer. Offer will expire when $10 million has been funded, or when the offer is withdrawn by SCCU. New money only EXCEPT for Members as of July 2003, who may fund up to 50% of the CD with existing SCCU funds. All rates accurate at time of printing and subject to change. APY is Annual
Percentage Yield.
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