Rate Riser Certificate

A Rate Riser CD is a one year share certificate with two convertible features:

• If the credit union raises rates during the initial one year deposit term, a member may make an additional deposit anytime during that year and get the new, higher interest rate then in effect on the entire new balance. The certificate term for the entire new balance extends by one year from the date of the additional deposit.
• If a member thinks the credit union may lower interest rates during the initial one year deposit term, the member can make an additional deposit and lock-in the current rate on the entire new balance for an additional one year from the date of the additional deposit.
• $5,000 minimum purchase amount. $5,000 minimum additional rate riser deposit.
• Tiered dividend rates based on dollar amount.
• Certificate balances count toward your Member Merits level.
• Open a Share Certificate now.
• Print a Rate Riser Certificate form.