Patelco Credit Union CD Rates

Patelco Credit Union welcomes the opportunity to serve your needs. It is dedicated to supporting its members’ financial well being. It has the motive of adding more value to your money. Patelco Credit Union is a unique by taking an active role in the community service and the credit union industry to which it belongs. Patelco’s Community Outreach spreads through various categories like charitable donations, Scholarships, Volunteer Support, Financial Literacy, Intern Programs etc.
Patelco Credit Union can help you manage funds for maintaining everyday access to funds and savings for retirement as well. It offers high-yield certificates, the rates for which are as explained below:

New Member Special Certificate having the minimum and maximum balance of $1,000:
-$1,000 deposited for 12 months get a dividend rate of 6.785% with 7.00% APY.

Certificate of Deposit (CD) Rates:
-$1,000 deposited for 3-5 months gets a dividend rate of 4.10% with 4.16% APY.
-$1,000 deposited for 9 months gets a dividend rate of 5.46% with 5.50% APY.
-$1,000 deposited for 6-11 months gets a dividend rate of 4.55% with 4.60% APY.
-$1,000 deposited for 12-23 months gets a dividend rate of 4.80% with 4.70% APY.
-$1,000 deposited for 24-35 months gets a dividend rate of 4.91% with 4.80% APY.
-$1,000 deposited for 36-47 months gets a dividend rate of 5.00% with 4.89% APY.
-$1,000 deposited for 48-59 months gets a dividend rate of 5.00% with 4.89% APY.
-$1,000 deposited for 60 months gets a dividend rate of 5.00% with 4.89% APY.

IRA Certificates can be opened with a minimum balance of $500 with the following rates:
-$500 deposited for 3-5 months gets a dividend rate of 4.10% with 4.16% APY.
-$500 deposited for 9 months gets a dividend rate of 5.46% with 5.50% APY.
-$500 deposited for 6-11 months gets a dividend rate of 4.55% with 4.60% APY.
-$500 deposited for 12-23 months gets a dividend rate of 5.03% with 5.15% APY.
-$500 deposited for 24-35 months gets a dividend rate of 5.27% with 5.40% APY.
-$500 deposited for 36-47 months gets a dividend rate of 4.89% with 5.00% APY.
-$500 deposited for 48-59 months gets a dividend rate of 4.89% with 5.00% APY.
-$500 deposited for 60 months gets a dividend rate of 4.89% with 5.00% APY.

Annual Percentage Yield effective as of 8/20/2007 and is subject to change. Dividends are compounded and paid monthly for certificates with terms 12 months or greater; otherwise dividends are paid at maturity. Patelco Credit Union is privately insured by American Share Insurance up to $250,000 per account. This institution is not federally insured, and if the institution fails, the federal government does not guarantee that depositors will get back their money. Accounts with this institution are not insured by any state government. As its member you can certainly enjoy major benefits, so you can apply for its membership today.