Business Deposit Rates

New Money¹ Certificates

¹_{New Money is defined as funds that are not currently on deposit at San Diego County Credit Union and must come from an external source. Funds transferred from an existing SDCCU account do not qualify as New Money. Funds held at SDCCU for more than 5 business prior to certificate opening are not considered New Money. A minimum of 50% of the funds deposited must be New Money to SDCCU to open the 36-month certificate.}

Certificates

All dividend rates and Annual Percentage Yields (APYs) published above are the anticipated rates and yields. See your account disclosure for complete details. Dividend rates, APYs and terms subject to change. A penalty will be imposed for early withdrawal. See your account disclosure for complete details. Institutional deposits are limited to $2 million per chartered financial institution. Certificates must be funded within within 7 calendar days. Any account not funded within that time will be automatically closed. Fees incurred could reduce earnings on the account. Your funds at SDCCU are federally insured to at least $250,000 by the National Credit Union Administration (NCUA). IRA deposits are separately federally insured to at least $250,000 by the NCUA.  

Early Withdrawal Penalties – A penalty will apply for principal withdrawals of a certificate 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. Penalties for early withdrawal may be applied against principal thereby reducing the principal balance. 

Minimum Balance Requirements: The minimum balance required to open this account is $5,000. You must maintain a minimum average daily balance of $100 in this SDCCU account to earn the annual percentage yield (APY) disclosed above.