Jumbo Share Certificate
A jumbo cd is a certificate of deposit cd that requires a higher minimum balance obligation than that needed by traditional certificates of deposit.
Jumbo share certificate. Our jumbo share certificates for deposits of 100000 or more specially designed for investors offer premium rates on short term and long term savings. Go to our rates page for a full listing of certificate options. A certificate of deposit is generally seen as a low risk investment. But jumbo cds require a higher.
Our requirement is a minimum balance of 100000. Members can open a regular share certificate with a minimum investment of just 1000. Jumbo share certificates rates effective as of february 23 2018 and are subject to change. Jumbo share certificate similar to a jumbo cd jumbo share certificates are the same as basic share certificates except that the minimum balance requirement is higher in exchange for a higher annual yield.
Diamonds jumbo share certificates are also available featuring a super sized rate with a minimum deposit of 75000. Basic and jumbo cds. Jumbo certificate specials 52 week jumbo share and jumbo ira certificate. Two types of cds are available.
A jumbo certificate is simply a bigger version of a regular certificate that requires a larger amount of funds to open it. Stability with a high rate of return. And for a limited time only you can earn 245 apy on a 60 month jumbo share certificate account. Regular and jumbo share certificates.
In return the jumbo cd pays a higher rate of. Both investments work in similar ways. Your excess business funds can grow steadily with this high yield savings option. Go jumbo and get the most from your investments.
Jumbo share certificates pay higher dividend rates than our other certificates to reward you for making a larger deposit. Share certificates earn you a higher rate of return for as little as 300 and as short a term as six months. Deposit a fixed amount of money for a set period of time and earn a market leading rate on your funds. A jumbo share certificate is simply a certificate requiring a larger balance to open versus a traditional certificate.