Share Certificates
CAHPCU offers both variable and fixed-rate Share Certificate Accounts that provide both short and long-term saving opportunities. You can choose the term and amount and lock-in a high rate to help you achieve your financial goals.
Rates:
Fixed-Rate Share Certificates
| Term (Days) |
Minimum to Open |
Minimum to Earn Dividends |
|
APY1 |
| 91 |
$2,000 |
$2,000 |
|
0.15% |
| 182 |
$2,000 |
$2,000 |
|
0.20% |
| 273 |
$2,000 |
$2,000 |
|
0.25% |
| 364 |
$2,000 |
$2,000 |
|
0.35% |
| 546 |
$2,000 |
$2,000 |
|
0.45% |
| 728 |
$2,000 |
$2,000 |
|
0.60% |
| 1098 |
$2,000 |
$2,000 |
|
0.85% |
Fixed-Rate IRA Certificates
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| Term (Days) |
Minimum to Open |
Minimum to Earn Dividends |
APY1 |
| 364 |
$2,000 |
$2,000 |
1.30% |
| 546 |
$2,000 |
$2,000 |
1.45% |
| 728 |
$2,000 |
$2,000 |
1.65% |
Variable-Rate Certificates2
CAHPCU offers three variable-rate certificate products, each is designated for a specific term like a fixed-rate certificate, but the dividend rate is indexed and may change quarterly. You may cash-out at the end of the term, or roll-over the certificate for another term.
Rates:
Variable-Rate Share Certificates
| Term (Days) |
Minimum to Open |
Minimum to Earn Dividends |
|
APY1 |
Level |
| 364 |
$500 |
$500 |
|
0.26% |
500 |
| 728 |
$500 |
$500 |
|
0.41% |
500 |
| |
|
|
|
|
|
| 364 |
$500 |
$5,000 |
|
0.41% |
5K |
| 728 |
$500 |
$5,000 |
|
0.56% |
5K |
| |
|
|
|
|
|
| 364 |
$500 |
$20,000 |
|
0.51% |
20K |
| 728 |
$500 |
$20,000 |
|
0.66% |
20K |
| |
|
|
|
|
|
| 364 |
$500 |
$50,000 |
|
0.61% |
50K |
| 728 |
$500 |
$50,000 |
|
0.76% |
50K |
| |
|
|
|
|
|
| 364 |
$500 |
$100,000 |
|
0.81% |
100K |
| 728 |
$500 |
$100,000 |
|
0.96% |
100K |
| |
|
|
|
|
|
| 364 |
$500 |
$200,000 |
|
1.01% |
200K |
| 728 |
$500 |
$200,000 |
|
1.16% |
200K |
Variable-Rate IRA Certificate
| Term (Days) |
Minimum to Open |
Minimum to Earn Dividends |
|
APY1 |
Level |
|
728
|
$2,000
|
$2,000
|
|
1.51%
|
2K
|
Variable-Rate Education Certificate [Requires a Cadet, Rookie, or Explorer Club Account to open]
| Matures on: |
Minimum Opening Balance |
Minimum to Earn Dividends |
|
APY1 |
Level |
| 16th Birthday |
$500 |
$500 |
|
1.01% |
500 |
| 18th Birthday |
$500 |
$500 |
|
1.01% |
500 |
| Graduation from High School |
$500 |
$500 |
|
1.01% |
500 |
Fixed vs. Variable
Fixed-rate products offer a guaranteed rate of interest over a specified time, or term of the product. Because of their fixed rates, these products may offer stability around market or interest rate fluctuations. You are guaranteed how much future income you can expect from your investment, versus a variable-rate product that is tied to a market or interest rate and subject to the same risks.
Variable-rate products generate variable rates of return because they are tied to fluctuating economic indexes. Keep in mind that your rate of return is not guaranteed, so the risk of a variable-rate may be higher. As with other investment alternatives, the higher the risk involved in your portfolio, the higher the potential return will be on the investment.
The above information is educational and should not be interpreted as financial advice. For advice that is specific to your circumstances, you should consult a financial or tax adviser.
1 Annual Percentage Yield (APY)
2 CAHPCU Variable-Rate Certificates are indexed against the 91-day Treasury Bill (T-Bill) on a quaterly basis as published in the Wall Street Journal on the 3rd Tuesday of the last month of the quarter; new rates are applied on the first day of the following quarter.
Rates Effective 1/1/2012; subject to change without notice.