Teachers Federal Credit Union still offers their top cd rates for their 16 month certificate of deposit specials. The best cd rates apply for the Jumbo CD at 2.50% APY while the 16-month regular cd special earns 2.20% APY. These cd rates with a minimum of $100K deposit for the jumbo cd while the regular certificate requires at least $1000 of funding.
The current cd rates for their regular certificates are 2.25% APY for 24 months; 2.25% APY (30 months); 2.50% APY (36 months); 2.80% APY (48 months); 3.10% APY (60 months). These are also available as Roth IRA’s.
The interest rates that we have here are effective as of October 20 but they can be changed any time. It will be best to visit the credit union’s rate page before signing up for anything.
Earnings for the share certificates are compounded on daily basis. Certificates of deposit with a term of 12 months or shorter has an early withdrawal penalty of all the interest earned or 180 days of yield, whichever is lower. Ear
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