Key Features
- No Setup or Maintenance Fees
- Competitive Dividends
- Fixed Rates
CD Specials:
Term | Minimum Deposit | Rate | APY* |
22-Month Special** | $5,000 | 4.41% | 4.50% |
Certificates of Deposit (CD) offer many benefits to a variety of investors.
Low investment to earn a higher return. Standard-term CDs (6 months, 12 months, 18 months, etc.) start with a just a minimum deposit of $1,000. While CD specials offer higher rates of return with a larger minimum deposit.
Fixed Interest Rates: CDs offer a fixed interest rate for the entire term of the investment. This provides predictability and stability for investors who want to lock in a guaranteed return.
Safety: CDs are considered low-risk investments. The funds invested in CDs are insured by the National Credit Union Administration (NCUA) for credit unions, up to $250,000 providing a level of protection against the loss of principal.
Other benefits of Certificates of Deposit include:
- Fixed rates, higher than standard savings
- Provides a guaranteed return that can serve as a hedge to other investments
- A wide range of terms available (from 6 months to 5 years)
- No setup or maintenance fees
- Earned dividends may be deposited into the AHCU account of choice
- Early withdrawals subject to penalty1
- $1,000 minimum deposit to open2
- Federally insured by NCUA up to $250,000
*APY is the annual percentage yield in effect 3/1/2024
** CD is not available as an IRA Certificate of Deposit. Minimum deposit is $5,000. At least 50% of your CD investment needs to be from New Money (funds not on deposit at AHCU). If new money is less than 50% the CD APY will be 3.50% (3.44% Rate) at the same term. CD will automatically renew to an 18-month CD at the current rate of the time.
1 A 90-day penalty of interest applies to the 6 and 12-month Certificates for early withdrawal. Terms over 1-year subject to a 180-day early withdrawal penalty.
2 Some CD specials require a minimum deposit of $100,000. Please see CD rates for more information.