Certificate Special
New Certificate Specials
Ideal CU is offering new certificate specials up to 5.00% APY* on New Money Certificate Deposits. Grow your money faster and continue living your ideal life.
For existing members to qualify for the certificate specials, they must deposit a minimum of $500 from another financial institution to fund the certificate. All CD Specials will either roll into a standard term certificate or transfer to savings.
13-Month New Money Certificate Special
| Minimum Opening Balance | Term | Interest Rate |
APY*
|
|---|---|---|---|
| $500 + | 13 Months | 4.31% | 4.40% |
|
*APY = Annual Percentage Yield. The Annual Percentage Yield assumes interest remains on deposit until maturity. Rates subject to change at any time. Open with a minimum of $500 from sources outside of Ideal. If combining with existing funds deposited at Ideal, a minimum of $10,000 in additional new money is required. Interest begins to accrue on the business day you deposit any non-cash item (for example, checks). Interest is compounded and credited on a monthly basis. Certificate Special is available as a traditional or IRA CD. Penalty for early withdrawal - CDs with maturity dates greater than 12 months will be assessed the lesser of 180 days interest or interest earned/CD with maturity dates 12 months or less will be assessed the lesser of 90 days interest or interest earned. Fees may reduce earnings. |
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Regular / IRA CDs
Regular & IRA Certificate Rates
| Term2 | $500.00 - $24,999.99 | $25,000.00 - $69,999.99 | $70,000.00 + |
|---|---|---|---|
| 91 Day | 1.26% APY1 | 1.31% APY1 | 1.36% APY1 |
| 6 Month | 1.36% APY1 | 1.41% APY1 | 1.46% APY1 |
| 12 Month | 1.76% APY1 | 1.81% APY1 | 1.87% APY1 |
| 18 Month | 2.02% APY1 | 2.07% APY1 | 2.12% APY1 |
| 24 Month | 2.12% APY1 | 2.17% APY1 | 2.22% APY1 |
| 30 Month | 3.45% APY1 | 3.51% APY1 | 3.56% APY1 |
| 36 Month | 2.94% APY1 | 2.99% APY1 | 3.04% APY1 |
| 48 Month | 2.94% APY1 | 2.99% APY1 | 3.04% APY1 |
| 60 Month | 2.94% APY1 | 2.99% APY1 | 3.04% APY1 |
| 1. The Annual Percentage Yield (APY) assumes interest remains on deposit until maturity. Rates subject to change at any time. A withdrawal will reduce earnings. Interest begins to accrue on the business day you deposit any non-cash item (for example, checks). Interest is compounded and credited on a monthly basis. 2. Penalty for early withdrawal. CDs with maturity dates greater than 12 months will be assessed the lesser of 180 days interest or interest earned/CD with maturity dates 12 months or less will be assessed the lesser of 90 days interest or interest earned. Fees may reduce earnings. |
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Savers CD
Savers Certificate Rates
A key benefit of the Savers CD is that you are able to make additional deposits during the term of the certificate.
| Minimum Opening Balance | Term2 | Interest Rate | APY1 |
|---|---|---|---|
| $100 | 6 Month | 1.25% | 1.26% |
| $100 | 12 Month | 1.65% | 1.66% |
| $100 | 18 Month | 1.90% | 1.92% |
| $100 | 24 Month | 2.00% | 2.02% |
| $100 | 30 Month | 3.30% | 3.35% |
| $100 | 36 Month | 2.80% | 2.84% |
| $100 | 48 Month | 2.80% | 2.84% |
| $100 | 60 Month | 2.80% | 2.84% |
| 1. The Annual Percentage Yield (APY) assumes interest remains on deposit until maturity. Rates subject to change at any time. A withdrawal will reduce earnings. Interest begins to accrue on the business day you deposit any non-cash item (for example, checks). Interest is compounded and credited on a monthly basis. 2. Penalty for early withdrawal. CDs with maturity dates greater than 12 months will be assessed the lesser of 180 days interest or interest earned/CD with maturity dates 12 months or less will be assessed the lesser of 90 days interest or interest earned. Fees may reduce earnings. |
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