Financial management is like a recipe ? one part personal discipline, one part good interest rates. The good part is that both ingredients are easily available to cook up a great savings plan. Rates for CDs are still competitive in some areas, so now is the time to start investing money in a certificate that yields high returns. In Houston, TX, members of the Oak Farms Employees Credit Union have the option of opening a 12-month CD rated at 1.00% APY.
Terms of Oak Farms Employees Credit Union CD Rates
With a 1-year CD, funds are meant to stay locked away until they reach maturity ? penalty fees could apply in the event of their early withdrawal. At Oak Farms Employees Credit Union, funds are federally backed by the full faith of up to $250,000, through the National Credit Union Administration.
About Oak Farms Employees Credit Union
To become a member of Oak Farms Employees Credit Union, one must be:- A current employee of Oak Farms Dairy
- A retiree of OFD
- A family member of an OFD employee or credit union member.
Rates for CDs help save.
Other Terms and Conditions may apply. Additionally, interest rates are based on the institution?s online published rates and may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.
Source: http://www.gobankingrates.com/cd-rates/oak-farms-employees-credit-union-1-00/
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