Certificates of Deposit CD at Neighborhood Credit Union Dallas
World-Class Service. Neighborhood Convenience.™
Why Invest with Neighborhood Credit Union
Better Rates Than Banks
Enjoy getting a better interest rate and earning higher returns than you would at other big banks.
A Low Risk Way to Grow Your Money
Don’t let the stock market numbers keep you up at night. A fixed interest rate means the rate stays the same until maturity.
Flexible Timelines
Plan for life’s events near and far by picking a term ranging from 3 months to 5 years.
Easy to Open
By applying online or stepping inside a branch, opening your CD is a breeze.
Certificates We Offer
Everybody’s different and has different savings goals. With four certificates to choose from, we can help you save for your specific goals with outstanding rates and interest compounded daily.
Online Savings
2.40% APY*
*APY= Annual Percentage Yield. Fixed interest rate at 2.38%. Rate subject to change. Rate effective as of November 21, 2018. Online certificate products must be opened online and are only eligible to those 18 years of age or older.
| Minimum Opening Deposit |
$1,500 |
| Term |
17 months |
- An exclusive rate only available online!
- Flexible: additional deposits allowed online.
- Interest compounded daily.
- Additional $25 minimum deposits allowed.
- Interest penalty may apply for early withdrawal.
Standard Certificate
3.00% APY*
*APY= Annual Percentage Yield. Rates as high as, depending on term. Rates subject to change.
All rates effective as of November 21, 2018.
| Minimum Opening Deposit |
$2,500 |
| Term |
Interest |
APY |
| 91 days |
1.00% |
1.00% |
| 6 months |
1.25% |
1.25% |
| 12 months |
1.99% |
2.00% |
| 18 months |
2.18% |
2.20% |
| 30 months |
2.38% |
2.40% |
| 36 months |
2.43% |
2.45% |
| 48 months |
2.67% |
2.70% |
| 60 months |
2.96% |
3.00% |
- Fixed interest rate compounded daily.
- Interest penalty may apply for early withdrawal.
IRA & Roth IRA
3.00% APY*
*APY= Annual Percentage Yield. Rates as high as, depending on term. Rates subject to change.
All rates effective as of November 21, 2018.
| Minimum Opening Deposit |
$2,500 |
| Term |
Interest |
APY |
| 12 months |
1.99% |
2.00% |
| 18 months |
2.18% |
2.20% |
| 30 months |
2.38% |
2.40% |
| 36 months |
2.43% |
2.45% |
| 48 months |
2.67% |
2.70% |
| 60 months |
2.96% |
3.00% |
- Fixed interest rate compounded daily.
- Flexible: additional deposits allowed.
- Yearly IRS contribution limits.
- Interest penalty may apply for early withdrawal.
FlexPlus
1.25% APY*
*APY= Annual Percentage Yield. Fixed interest rate at 1.25%. Rate subject to change.
Rate effective as of November 21, 2018.
| Rate |
1.25% APY |
| Term |
12 months |
| Minimum Opening Deposit |
$500 |
- Low opening deposit with a short term length.
- Interest compounded daily.
- Flexible: additional deposits allowed ($25 minimum).
- Interest penalty may apply for early withdrawal.
Top FAQs
How do I know if a CD is for me?
A Certificate of Deposit, commonly known as a CD, is logical for people of all ages who want to enjoy higher returns on cash they don’t plan on immediately using without the added risks. You are agreeing to keep your money in the CD for a set period of time facing interest penalties if you withdraw before your term is up.
When are dividends posted to my CD?
Interest on all certificates are credited at the end of each month.
Can I make additional deposits to my CD?
You can make additional deposits of at least $25 with our Online Savings CD and FlexPlus CD. Keep in mind that additional deposits to the Online Savings CD must be done online or over with phone with a member service representative.
CD Basics
What happens to my CD at maturity?
When you reach your maturity date, you have a 10 day window to do one three things:
-
2. Make additional deposits or withdraw fund.
3. Close the CD. If you reach the maturity date and don’t make any changes or withdrawals, your CD will automatically renew into the same system.
Are there penalties for early withdrawals?
Yes, we may impose a penalty if you withdraw before the maturity date. For certificates with terms of 1 year or less, the penalty is 180 days of interest. Certificates with terms of more than 1 year, the penalty is 365 days of interest. Please see the
View the CD Truth-In-Savings Disclosure
.
How do I open a certificate?
Contact Us
Mon – Thur: 9 am – 5 pm
Fri: 9 am – 6 pm
Have questions? We’ll get back to
you within 24 business hours.
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