Low-Risk, Great Rewards on Term Share Certificates
Certificate accounts with Orlando Credit Union give members a smart, low-risk way to earn higher interest rates for their savings goals.
A certificate of deposit (also called a CD or share certificate) is a type of savings account that pays a fixed interest rate for money held for a specific period of time. When you open a CD with Orlando Credit Union, you choose the deposit amount and term. The initial deposit amount must remain in the CD for the length of the term. A penalty is charged for an early withdrawal.*
You’ll benefit from this low-risk investment by receiving higher interest rates than with traditional Savings and Money Market accounts. Plus, your funds are federally insured by NCUA.
An Orlando Credit Union Certificate of Deposit Gives You...
- Term options from 6 to 60 months
- Competitive dividend rates
- APY* increases at higher balance amounts or longer terms
Open a Certificate of Deposit Today
Open a Certificate of Deposit Today
Open a certificate of deposit now and start earning higher interest rates. You can also open any CD or a CD of $1,000 or more by scheduling an appointment at an Orlando Credit Union branch location near you.
Open a CD Schedule Appointment
*Rates are effective as of 1/6/2025. Rates are fixed for the term of the Certificate. Certificates will automatically be renewed at the rate in effect upon maturity. We will impose a penalty if you withdraw any of the principal balance in your account before the maturity date. The amount of the early withdrawal penalty is based on the term of the account. The amount of these penalties are as follows: Terms of 6 months or less lose 90 days’ worth of dividends; and terms greater than 6 months lose 180 days’ worth of dividends. The penalty is calculated as a forfeiture of part of the dividend that has been or would be earned on the amount withdrawn. If the account has not yet earned enough dividends or the dividend has already been paid, the penalty will be deducted from the principal. The Annual Percentage Yield disclosed is based on an assumption that dividends will remain in the account until maturity; a withdrawal will reduce earnings. Fees and penalties can reduce earnings on the account. Rates subject to change without notice.