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Chetco Federal Credit Union CD Rates


Chetco Federal Credit Union is a promising organization whose members enjoy a good rate of returns on their savings. It has managed to provide the best services to its members. Right from home banking to convenience services and safety deposit boxes, its memebers are facilitated with all. Mainly it is a not-for-profit financial institution organized to promote thrift and provide credit to its members. It is a member owned organization where each member has a say in electing the board of members.

The main aim of its existence is the benefit of its members. Its members get a safe place to save and borrow with security. Its certificates of deposit (CD) are available for different terms of 3 months to 60 months with good dividend rates. The rates of Regular Time Share Certificates are as explained below:

– A minimum balance of $1,000 deposited for 3 months earns a dividend rate of 2.800% with 2.840% APY
– A minimum balance of $1,000 deposited for 6 months earns a dividend rate of 3.000% with 3.040% APY
– A minimum balance of $1,000 deposited for 12 months earns a dividend rate of 3.000% with 3.040% APY
– A minimum balance of $1,000 deposited for 18 months earns a dividend rate of 3.000% with 3.040% APY
– A minimum balance of $1,000 deposited for 24 months earns a dividend rate of 3.000% with 3.040% APY
– A minimum balance of $1,000 deposited for 36 months earns a dividend rate of 3.250% with 3.300% APY
– A minimum balance of $1,000 deposited for 48 months earns a dividend rate of 3.650% with 3.710% APY
– A minimum balance of $1,000 deposited for 60 months earns a dividend rate of 3.750% with 3.820% APY

*The above rates have been noted as on 1/1/08. Early withdrawal penalties may apply.

Student Time Share Certificate:
Students who are between the age group of 8 to 18 can purchase this certificate with no minimum balance requirement.
Students have many aspirations like buying the latest mobile or the sports car model. All these aspirations can be realized now!

Future Savers Certificate:
It is a one year certificate available to members under the age of 18. The minimum balance requirement if of $100 and can be increased with increments of $25.

For more details you may like to visit their site at: http://www.chetcofcu.org. You are sure to benefit from its membership. So apply now!

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