Inflate My Rate CD at Neighborhood Credit Union
What is a Bump Rate CD?
How often can I request a rate match?
What happens after my CD has matured?
Other CD’s at Neighborhood Credit Union
- Online Savings – 0.80 APY**.An exclusive rate only available online with additional deposits allowed.
- Standard Certificate – Earn up to 1.30APY**. Minimum Opening Deposit: $2,500. Additional deposits not allowed.
- IRA & Roth IRA - Earn up to 1.30APY**. Minimum Opening Deposit: $2,500. Additional deposits allowed with $25 minimum; yearly IRS contributions limits.
- FlexPlus – 0.40APY**. A short-term length option with a low opening deposit and additional deposits allowed.
*APY = Annual Percentage Yield. Rates effective September 16, 2020 and are subject to change without notice. Must be 18 years of age or older to open Certificate of Deposit. Interest is compounded daily. $2,500 minimum deposit to open. Only one rate increase allowed during 25 month term. Rate increase is not automatic and is dependent on member request by secure communication or verifiable documents. Rate increase will have an effective date that begins on date of confirmed request and will be in effect from that date till term end. Rate increased interest rate is dependent on Neighborhood CU's 18 month CD. If our 18 month CD rate increases during your Inflate My Rate CD's 25 month term, request a rate increase and we'll increase your Inflate My Rate CD's interest rate to match the 18 month CD rate. The new rate is locked in until end of the term. At the end of the 25 month term, Inflate My Rate CD converts and renews as a standard Neighborhood CU 18 month CD. Cannot be combined with any other rate offers or rate increase promotions. Not offered on trusts, business accounts or Individual Retirement Accounts (IRAs). An interest penalty is required for early withdrawal. Please see the CD Truth-in-Savings Disclosures(Opens in a new Window) for additional information.
Who We Are
As an active part of the community for 90 years, Neighborhood Credit Union is a not-for-profit financial organization with locations in Collin, Dallas, Denton, and Ellis counties, as well as the city of Arlington. Located all across North Texas and assets topping $927 million, Neighborhood Credit Union has a continuously growing membership of 56,000. For more information, call (214) 748-9393 or visit our homepage.