Share Certificates of Deposit Rates
Effective as of February 22,2012
Credit Union rates in Massachusetts are often much more competitive than similarly sized banking institutions. This is because IC Federal Credit Union is a non-profit cooperative - members like you are also our owners. With no outside interests demanding higher profits, ICFCU has the opportunity to offer you outstanding rates on both accounts and loans.
(Note: Rates subject to change without notice - 1, 2)
|
ACCOUNT NAME |
DIVIDEND RATE |
APY |
| 90-Day Term |
0.35% |
0.35% |
| Six Month Term |
0.55% |
0.55% |
| One-Year Term |
0.80% |
0.80% |
| 18-Month Term |
0.95% |
0.96% |
| Two-Year Term |
1.10% |
1.11% |
| Three-Year Term |
1.55% |
1.57% |
| Four-Year Term |
1.70% |
1.72% |
| Five-Year Term |
2.15% |
2.18% |
APY = Annual Percentage Yield
1 Fees may reduce earnings on applicable accounts
2 A penalty may be assessed for early withdrawal
The minimum balance to open and maintain Share Certificates is $500.00