Share Certificate Account Rates
14-month** Share & IRA Certificate of Deposit
4.95% APR 5.05% APY
$1,000.00 minimum
Offer effective 02/14/2023 and subject to change without notice. New Share or IRA Share certificates only. APR = Annual Percentage Rate. APY = Annual Percentage Yield. $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. **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.
Contact us at 804-756-5000 or visit your nearest branch to open your Certificate of Deposit
| Share Certificate Accounts*: | Effective 03/01/2023 | |
|---|---|---|
| Minimum opening balance | $500.00 (6 month only) $1,000.00 | |
| Dividends compounded | Quarterly | |
| Dividends credited | Quarterly | |
| Dividend period | Quarterly | |
| Term (%) Fixed | Dividend rate | Annual percentage yield |
| 6 month | 1.00% | 1.00% |
| 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 credited.
