Want your money to earn you money? With a Certificate of Deposit you can do just that!
View all our CD rates here or stop by any of our 6 locations today!
A Certificate of Deposit (CD) is an interest-bearing savings certificate entitling the owner to earn interest. Each CD has a maturity date and a specific, fixed interest rate of return.
Unlike a savings account, a CD is not structured for “on demand” withdrawals. While the funds can be accessed ahead of the maturity date if necessary, doing so will often incur a penalty.
CDs are a smart option for members looking for a safe, long-term investment. TelComm Credit Union’s CDs are perfect for building a sound nest egg.
- Only a $1,000 minimum investment required
- Interest compounded quarterly
- Interest paid monthly or quarterly (per member’s request at time of opening)
- 90-Day, 6 month, 9 month, 1 year, 18 month, 2 year, 3 year, and 5 year maturities available
- Check our CD rates online—they’re updated every week!
- You can monitor your funds via the TCU Virtual Branch at TelCommCU.com or through our TelComm Mobile app
There are penalties for early withdrawal on Certificates of Deposit. Fees may reduce earnings and also the principal.
