Your savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. Learn more about NCUA Insurance.
1Early Withdrawal Penalties – A penalty will apply for principal withdrawals made prior to maturity. If the account has an original term of one year or less, the penalty equals 90 days’ dividends. If the account has an original term of greater than one year, the penalty equals 180 days’ dividends. Penalty-free withdrawals are only allowed for required minimum distribution (RMD) of IRA certificate funds held at SDCCU, for members 73 and over, or as required by law. Refer to your plan disclosure and consult with a tax professional if this certificate is part of an IRA or other qualified plan for information regarding other tax consequences and other penalties that may apply.
2The 3.00% APY is compared to the average savings rate displayed on the FDIC website (Source: S&P Capital IQ Pro; SNL Financial Data) at https://www.fdic.gov/resources/bankers/national-rates/index.html listed under National Deposit Rates2 as of April 17, 2023.
3Must maintain a $1 savings balance.
Dividend rates, APYs and terms subject to change without notice.