bank rates

Redwood Credit Union CD Rates


Redwood Credit Union (RCU) is a state-chartered financial cooperative and a full-service financial institution regulated by the state of California. Formed in 1950, it is a full service financial institution, assisting consumers and small business owners with achieving their financial goals and dreams since 1950. RCU is a financial cooperative and its mission is simply to serve the Members who participate in their cooperative. It offers lower loan rates, higher saving yields, lower fees and has established its branches at various locations with multiple ATMs.

If you want to get highest yields on your investment then consider the Share Certificate from RCU. You’ll get competitive dividend rates; flexible terms from 3 months to 5 years, varied minimum deposit amounts, requiring minimum balance of $1,000 and the dividends are compounded and paid monthly. Below explained are the dividend rates with APY:
– $1,000 deposited for 3 months get a dividend rate of 3.64% having 3.70% APY and $100,000 deposited for the same period get a dividend rate of 3.98% having 4.05% APY.
– $1,000 deposited for 6 months get a dividend rate of 4.27% having 4.35% APY and $100,000 deposited for the same period get a dividend rate of 4.60% having 4.70% APY.
– $1,000 deposited for 9 months get a dividend rate of 4.31% having 4.40% APY and $100,000 deposited for the same period get a dividend rate of 4.65% having 4.75% APY.
– $1,000 deposited for 1 year get a dividend rate of 4.36% having 4.45% APY and $100,000 deposited for the same period get a dividend rate of 4.70% having 4.80% APY.
– $1,000 deposited for 18 months get a dividend rate of 4.41% having 4.50% APY and $100,000 deposited for the same period get a dividend rate of 4.75% having 4.85% APY.
– $1,000 deposited for 3 years get a dividend rate of 4.46% having 4.55% APY and $100,000 deposited for the same period get a dividend rate of 4.79% having 4.90% APY.
– $1,000 deposited for 5 years get a dividend rate of 4.46% having 4.55% APY and $100,000 deposited for the same period get a dividend rate of 4.79% having 4.90% APY.

The above rates are effective as of 11-14-2007. Redwood Credit Union Member deposit accounts are federally insured up to $100,000 by the National Credit Union Administration (NCUA). RCU continues to rank among the very highest in all categories of growth, including savings, Members and assets. It is committed to provide dedicated services to its 135,000 members. You can be the next one now!

Comments (0)
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...
No Existing Comments

Add New Comment