Minimum balance to open CD accounts and earn APY is $500. Minimum balance to open Variable IRA and earn APY is $25.
“Bump Up” Option- This CD allows you a “bump up” option during the term of the CD to increase your rate and annual percentage yield. The rate and annual percentage yield will be the 14/30 month IRA CD rate being offered at the time you exercise the option. You must contact the credit union to activate the “bump up” option. You may make additional deposits.
Rates on certificates of deposit are guaranteed for the length of the term, all other deposit rates are variable and subject to change after the account is opened. Fees may reduce earnings on accounts. A penalty may be imposed for early withdrawal on Certificates of Deposit.