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10-7 Security Club
Age has its privileges! Members age 50 or better, or retired from their primary occupation, are eligible to join the 10-7 Security Club. With a 10-7 Security Club Account you will enjoy:
- Higher annual percentage yield (APY) on dividend rates for:
- Share Certificates
- Individual Retirement Account (IRA) Certificates
- 150 free checks per year with a CAHPCU checking account
It's easy to become a 10-7 Security Club2 member. Simply fill out our Membership Application and mark the box for "10-7 Security Club." If you are already a CAHPCU member, you can convert to a 10-7 Security Club account as soon as you turn 50!
10-7 Security Club products include:
Rates:
10-7 Share Certificates: Fixed-Rate
<><><>
|
Term (Days)
|
Minimum Opening Balance
|
Minimum to Earn Dividends
|
|
APY1
|
Level
|
|
91
|
$2,000
|
$2,000
|
|
0.20%
|
2k
|
|
182
|
$2,000
|
$2,000
|
|
0.25%
|
2k
|
|
273
|
$2,000
|
$2,000
|
|
0.30% |
2k
|
|
364
|
$2,000
|
$2,000
|
|
0.40%
|
2k
|
|
546
|
$2,000
|
$2,000
|
|
0.50%
|
2k
|
|
728
|
$2,000
|
$2,000
|
|
0.65%
|
2k
|
| 1092 |
$2,000
|
$2,000
|
|
0.90%
|
2k
|
|
|
|
|
|
|
|
|
91
|
$50,000
|
$50,000
|
|
0.20%
|
50k
|
|
182
|
$50,000
|
$50,000
|
|
0.25%
|
50k
|
|
273
|
$50,000
|
$50,000
|
|
0.30% |
50k
|
|
364
|
$50,000
|
$50,000
|
|
0.40%
|
50k
|
|
546
|
$50,000
|
$50,000
|
|
0.50% |
50k
|
|
728
|
$50,000
|
$50,000
|
|
0.65%
|
50k
|
| 1092 |
$50,000
|
$50,000
|
|
0.90%
|
50k
|
|
|
|
|
|
|
|
|
91
|
$98,000
|
$98,000
|
|
0.20%
|
98k
|
|
182
|
$98,000
|
$98,000
|
|
0.25%
|
98k
|
| 273 |
$98,000
|
$98,000
|
|
0.30% |
98k
|
|
364
|
$98,000
|
$98,000
|
|
0.40% |
98k
|
|
546
|
$98,000
|
$98,000
|
|
0.50% |
98k
|
|
728
|
$98,000
|
$98,000
|
|
0.65%
|
98k
|
| 1092 |
$98,000
|
$98,000
|
|
0.90% |
98k
|
10-7 IRA Certificates: Fixed-rate
| Term (Days) |
Minimum Opening Balance |
Minimum to Earn Dividends |
|
APY1 |
Level |
| 364 |
$2,000 |
$2,000 |
|
1.35% |
5K |
| 546 |
$2,000 |
$2,000 |
|
1.50% |
5K |
| 728 |
$2,000 |
$2,000 |
|
1.70% |
5K |
.
| 10-7 IRA Certificates: Variable-Rate |
|
|
| Term (Days) |
Minimum Opening Balance |
Minimum to Earn Dividends |
|
APY1 |
Level |
| 728 |
$2,000 |
$5,000 |
|
1.54% |
5K |
| 728 |
$2,000 |
$10,000 |
|
1.56% |
10K |
| 728 |
$2,000 |
$15,000 |
|
1.61% |
15K |
| 728 |
$2,000 |
$20,000 |
|
1.67% |
20K |
| 728 |
$2,000 |
$25,000 |
|
1.72% |
25K |
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 as the market or interest rate used.
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 The minimum balance requirement to be eligible for the 10-7 Security Club is to maintain a $2,000 balance in a Regular Share Account designated as a 10-7 Security Club account. Other restrictions may apply.
Rates effective 1/1/2012. Rates and terms subject to change without notice.
This site contains links to other web sites, in order to assist users in locating and accessing information that may be of interest. C.A.H.P. Credit Union does not warrant linked sites for any purpose. Further, the inclusion of a link to another site does not constitute an endorsement by CAHPCU of the site, its owner(s) or any products or services advertised on the linked site.
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