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Understanding Certificates Of Deposit

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Greater Central Texas Federal Credit Union
Greater Central Texas Federal Credit Union

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CERTIFICATE OF DEPOSIT Understanding Certificates Of Deposit A certificate of deposit (CD) is a type of savings account offered by credit unions. Fixed interest rate Fixed term length Fixed date of withdrawal known as 'Maturity Date' Features Of CD Predictable rate of return Benefits Of CD Federally insured Less susceptible to market dynamics CERTIFICATE OF DEPOSIT www.gctfcu.net Greater Central Texas Federal Credit Union 3305 E. Elms Rd., Killeen, TX  76542 Phone: (254) 690 - 2274 Image Source: Designed by Freepik

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Understanding Certificates Of Deposit

  • 1. CERTIFICATE OF DEPOSIT Understanding Certificates Of Deposit A certificate of deposit (CD) is a type of savings account offered by credit unions. Fixed interest rate Fixed term length Fixed date of withdrawal known as 'Maturity Date' Features Of CD Predictable rate of return Benefits Of CD Federally insured Less susceptible to market dynamics CERTIFICATE OF DEPOSIT www.gctfcu.net Greater Central Texas Federal Credit Union 3305 E. Elms Rd., Killeen, TX  76542 Phone: (254) 690 - 2274 Image Source: Designed by Freepik