Certificates of Deposit
NECU offers the following Certificates of Deposit (CDs):
| Regular CD |
|
Account Term
|
Dividend Rate
|
APY
|
Minimum to open
|
Minimum to
obtain stated
APY
|
| 6 Month |
1.00% |
1.01% |
$500 |
$500 |
| 12 Month |
1.15% |
1.16% |
$500 |
$500 |
| 18 Month |
1.30% |
1.31% |
$500 |
$500 |
| 24 Month |
1.45% |
1.46% |
$500 |
$500 |
| 36 Month |
1.85% |
1.87% |
$500 |
$500 |
| 48 Month |
2.25% |
2.27% |
$500 |
$500 |
| 60 Month |
2.50% |
2.53% |
$500 |
$500 |
APY equals Annual Percentage Yield
| Mini Jumbo CD |
|
Account Term
|
Dividend Rate
|
APY
|
Minimum to open
|
Minimum to
obtain stated
APY
|
| 6 Month |
1.15% |
1.16% |
$50,000 |
$50,000 |
| 12 Month |
1.30% |
1.31% |
$50,000 |
$50,000 |
| 18 Month |
1.45% |
1.46% |
$50,000 |
$50,000 |
| 24 Month |
1.60% |
1.61% |
$50,000 |
$50,000 |
| 36 Month |
2.00% |
2.02% |
$50,000 |
$50,000 |
| 48 Month |
2.40% |
2.43% |
$50,000 |
$50,000 |
| 60 Month |
2.65% |
2.68% |
$50,000 |
$50,000 |
APY equals Annual Percentage Yield
| Jumbo CD |
|
Account Term
|
Dividend Rate
|
APY
|
Minimum to open
|
Minimum to
obtain stated
APY
|
| 6 Month |
1.25% |
1.26% |
$100,000 |
$100,000 |
| 12 Month |
1.40% |
1.41% |
$100,000 |
$100,000 |
| 18 Month |
1.55% |
1.56% |
$100,000 |
$100,000 |
| 24 Month |
1.70% |
1.71% |
$100,000 |
$100,000 |
| 36 Month |
2.10% |
2.12% |
$100,000 |
$100,000 |
| 48 Month |
2.50% |
2.53% |
$100,000 |
$100,000 |
| 60 Month |
2.75% |
2.78% |
$100,000 |
$100,000 |
APY equals Annual Percentage Yield
Effective date 11/19/2009
Our Northeast Credit Union certificate guarantee assures you that should rates go up within ten days of your certificate being opened; we will move your certificate to the higher rate resulting in a change in rate. (This is in addition to our "bump-up" rate feature.) If you choose to exercise your "bump-up" rate feature option, which allows you to move your certificate to a higher rate should rates change during the time you hold your certificate, the bump-up will result in a rate change. You can exercise the "bump-up" feature one time during the term of your certificate.
Add-on feature allows you to add up to the original amount of your certificate.
Dividend penalty will be imposed for early withdrawal as applicable.
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