Share Certificate Rates
"Earn More" Certificates Are Here!
FedChoice offers Earn More Certificates. This product is similar to our Earn More Money Market Account in that the dividend rate will be 0.25% higher when you also have a FedChoice checking account. So, to earn this higher rate, you must have a FedChoice checking account; otherwise the "standard" rate will apply.
Please keep in mind, if you open a FedChoice checking account after the certificate was opened, the higher dividend rate will only apply when the certificate renews. Similarly, if you already have a FedChoice checking account and FedChoice certificates, the new higher dividend rate will only apply once the certificate renews.
Calculate dividends
Rates reflect dividends for July 1, 2016 to September 30, 2016. For updated information, inquire at any FedChoice Financial Service Center location or contact our Financial Advisory Center at 301.699.6151 • 800.969.6151.
Share Certificate
| Share Certificate Rates |
|
| Term |
Dividends Compounded /
Credited |
Rate Tiers |
APY* |
Earn More
APY** |
| 6 Months Regular |
Quarterly |
$500 - $49,999 |
0.25% |
0.50% |
| Mini-Jumbo |
|
$50,000 and above |
0.30% |
0.55% |
| 12 Months Regular |
Quarterly |
$500 - $49,999 |
0.35% |
0.60% |
| Mini-Jumbo |
|
$50,000 and above |
0.40% |
0.65% |
| 18 Months Regular |
Quarterly |
$500 - $49,999 |
0.40% |
0.65% |
| Mini-Jumbo |
|
$50,000 and above |
0.45% |
0.70% |
| 24 Months Regular |
Quarterly |
$500 - $49,999 |
0.60% |
0.85% |
| Mini-Jumbo |
|
$50,000 and above |
0.65% |
0.90% |
| 36 Months Regular |
Quarterly |
$500 - $49,999 |
0.75% |
1.00% |
| Mini-Jumbo |
|
$50,000 and above |
0.80% |
1.05% |
| 48 Months Regular |
Quarterly |
$500 - $49,999 |
1.00% |
1.25% |
| Mini-Jumbo |
|
$50,000 and above |
1.05% |
1.30% |
| 60 Months Regular |
Quarterly |
$500 - $49,999 |
2.00% |
2.25% |
| Mini-Jumbo |
|
$50,000 and above |
2.05% |
2.30% |
| $500 Minimum Opening Balance |
|
Term Certificate accounts may be subject to penalties for early withdrawal.
*Rates quoted as Annual Percentage Yield (APY). Any APY provided in this disclosure assumes dividends will remain on deposit until maturity for accounts with terms, or for at least one year for accounts with no terms. A withdrawal will reduce earnings. Rates for variable-rate accounts are in effect through the period disclosed. See your account disclosure for additional information about your account.
**The Earn More rate is applied to certificates opened by members who have open checking accounts. If you do not have a checking account, the lower "standard" rate will apply. If you open a checking account after a certificate is opened, the Earn More rate will apply only when the certificate renews.
All rates subject to change without notice. Please call the Credit Union to confirm posted rates. Your savings are insured up to $500,000. The first $250,000 per member is insured by the National Credit Union Association (NCUA), a U.S. Government Agency, with an additional $250,000 of coverage provided by Excess Share Insurance Corporation (ESI), a private corporation.