IRA Share Certificate Accounts
IRA Share Certificate Special**
19 Month Term: 1.89 APR 1.90 APY
25 Month Term: 2.48 APR 2.50 APY
**Offer effective 10/20/2022 and subject to change without notice. New Share or IRA Share certificates only. $1,000.00 minimum opening deposit. Does not apply to current funds on deposit in existing accounts at Connects FCU. A penalty will be imposed for early withdrawal. Additional restrictions may apply. Refer to current fee schedule . Automatic renewal to a 12 month term at the current dividend rate in effect at the time of renewal. Connects FCU reserves the right to end or modify this offer at any time
IRA Share Certificate Accounts*: | Effective 03/01/2023 | |
---|---|---|
Minimum opening balance | $1,000.00 | |
Dividends compounded | Quarterly | |
Dividends credited | Quarterly | |
Dividend period | Quarterly | |
Term (%) Fixed | Dividend rate | Annual percentage yield |
6 month | N/A | N/A |
1 year | 1.95% | 1.97% |
2 year | 2.10% | 2.12% |
3 year | 2.59% | 2.62% |
Additional deposits | Not allowed | |
Withdrawals | Dividends only |
* A penalty may apply for early withdrawal. After your Share Certificate Account is opened, your rate is fixed for the term.
Dividends will be forfeited if accounts are closed before dividends are posted.