Certificate of Deposit
Do you want a certainty on what your exact return will be? Are you looking for a competitive rate of return and do not need ready access to your money until the period ends?
The First Federal Credit Union has the answer for you if you are looking for a low-risk investment opportunity that pays you an attractive rate of interest. Fixed Deposits, also known as Certificate of Deposits (CD) offer an easy way to save money while earning interest.
The Benefits of a Fixed Deposit with the First Federal Credit Union includes:
- The certainty of a fixed interest
- Flexible options at maturity
- Terms 6 months to 24 months
- Begin with as little as $500.00
| Term Deposits | Interest Rate | Deposit Amount |
| 6 Months | 2.75% | 500-5000 |
| 12 Months | 3.00% | 500-5000 |
| 12 Months | 3.25% | 5,000.01 and above |
| 24 Months | 3.50% | 20,000 – 50,000 |
| 24 Months | 4.00% | 50,000 and above |
