Certificates of Deposit (CDs)
Don't let your excess funds earn mediocre dividends. Increase your yields by opening a CD. At Spectrum Federal Credit Union, we'll not only give you competitive rates, but we'll also give you the option to change your fixed rate to a better one once during your term.
If you're looking for a two year option, consider our Certificate Plus CD for the ability to make add-on deposits at any point during your term! These are not regular CDs; they're better.
- Summary
- Fixed, competitive dividends
- Terms ranging from 6 months to 5 years
- Second Chance option: members have one chance to change rate to most current rate*
- May be used as loan collateral
- Automatic renewal at maturity
- Can have multiple certificates at once to maximize earnings
- Free E-Statements
- $1,000 deposit to open
- NCUA insured up to $250,000
- Additional $250,000 American Share Insurance**
View our rates.
*Only applies to terms 24 months or longer. The new rate will affect the certificate from the time it's changed to the end of the term.
**All credit union deposits are federally insured by the NCUA up to $250,000. Spectrum FCU insures your funds further with American Share Insurance covering an additional $250,000. Thus, the total insured amount is up to $500,000.
- Certificate Plus CD
- Make add-on deposits anytime during the term
- 24 month fixed terms
- Pays 25 basis points less than regular share certificates
- Second Chance option: members have one chance to change rate to most current rate*
- Earns competitive dividends
- May be used as loan collateral
- Automatic renewal at maturity
- Can have multiple certificates at once to maximize earnings
- Free online banking
- Free E-Statements
- $1,000 deposit to open
- NCUA insured up to $250,000
- Additional $250,000 American Share Insurance
View our rates.
*Only applies to terms 24 months or longer. The new rate will affect the certificate from the time it's changed to the end of the term.
Questions?
