FIGFCU Variable Rate Certificate
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New Variable Rate Certificate

Earn 5.75%% APY!

Earn 5.75%% APY*

An industry-leading yield.

Open with just $1,000

A small investment for a big reward.

Increase earnings

If interest rates rise, so does your yield.

Our Variable Rate Certificate gives you one more helpful option in our industry-leading Certificate portfolio to suit your investment style. 

With a Variable Rate Certificate, the interest rate fluctuates up and down based on the financial markets. If interest rates rise after you open the account, you won't miss out on that additional earning power because your Certificate's yield will also increase! Putting more earnings into your account.  

If you're betting that interest rates will remain relatively high in the short- to medium-term or even rise, a Variable Rate Certificate is a great way to earn more than a traditional fixed-rate investment. 


Benefits include:

  • Market leading opening yield of 5.75%% APY*
  • 36 month term
  • $1,000 Minimum investment
  • Available as an IRA 
  • NCUA insured

Don’t miss out on the opportunity to earn more.

 

*APY = Annual Percentage Yield. APY is the annualized rate based on a compounding period of one year. When the deposited money earns dividends and the accumulated dividends starts earning dividends as well, we are talking about compounding. Fees could reduce the earnings on an account. All yields except Certificate yields are subject to change retroactively to the beginning of the month.

Variable Rate Certificate 36-Month Term (Variable Rate Certificate) No additional deposits accepted (other than dividends) during certificate term renewals. Fund your account with a minimum deposit of $1,000. Annual Percentage Yield (APY) rate is based on current Federal Funds Rate Upper Limit of 5.50% APY plus a 0.25% spread. Yield rate is 5.75%% APY. Base rate is 5.60% APR. Rates are subject to change on the first day of each calendar month following account opening. No bonus dividends (no jumbo bonus and no DDEP bonus). At maturity, account renews into the same product: Variable Rate Certificate 36-Month Term renews into a Variable Rate Certificate 36-Month Term; Variable Rate IRA 36-Month Term renews into a Variable Rate IRA 36-Month Term. Early withdrawal penalties may be imposed and fees could reduce earnings and/or principal. APY interest rate will follow the Federal Funds Rate Upper Limit. Rates are subject to change on the first day of each calendar month following account opening. Rates are subject to change without notice. Rate may not be combined with any other rate increase/bonus. Regular share certificate requirement on a 365 day basis. IRAs qualify for Variable Rate Certificate. Minimum balance to obtain the available rates for Variable Rate Certificate 36-Month Term advertised annual percentage yield is $1,000. Fund your account with a minimum deposit of $1,000. Early withdrawal penalties may be imposed and fees could reduce earnings and/or principal. Refer to our TISA Disclosure for terms and conditions. Federal regulations require dividends be paid from available earnings; dividends are contingent upon this regulation.