Are you looking for a low-risk investment with a higher rate of return than a traditional savings account? Consider the benefits of a TCU Certificate — a deposit account with a set term and a guaranteed rate.
Here are four benefits of a TCU Certificate:
- It’s federally insured — Certificates are federally insured up to $250,000 by the National Credit Union Administration, so you know funds are safe.
- Certificates come with a range of terms — With TCU, you can match your Certificate to personal goals with terms from 6 to 72 months.
- There are no unknowns — You select the deposit amount and the term with a guaranteed rate. As long as you don’t withdraw the funds before maturity, you are able to calculate dividends upon maturity at the onset of investment.
- Low initial opening deposit — You can open a TCU certificate with as little as $500.
Certificates allow you to grow your savings with certainty and peace of mind.
For a limited time, TCU has added a 7-month share certificate special (2.19% APY, $500 min). Click here for more information, or visit your local Service Center.
©Teachers Credit Union. APY is Annual Percentage Yield. APR is Annual Percentage Rate. As of 5/20/19, the 7 Month Share Certificate APY is 2.19% and APR is 2.17%. $500 minimum deposit. Dividends are compounded monthly. Account is subject to early withdrawal penalty, which may reduce earnings. All Certificate accounts are under the terms and conditions of their respective TCU Certificate account.