Certificate Account Rates

At First Future Credit Union, our competitive rates on our certificate accounts let you take advantage of risk-free investing while enjoying the great rates you’ve come to expect. We offer a variety of rates for consumer and business accounts with minimum opening deposits as low as $1,000 and terms starting at three months up to five years.

Rates effective: 07/03/2008

Tier

$1,000 - $9,999.99

$10,000 - $94,999.99

$95,000 or more

Dividend
Rate

  APY*  

Dividend
Rate

  APY*  

Dividend
Rate

  APY*  

Promotional Certificates

7 Month

3.01%

3.05%

3.10%

3.15%

3.20%

3.25%

Regular Certificates

3 – 6 Month

2.27%

2.30%

2.37%

2.40%

2.47%

2.50%

6 – 12 Month

2.57%

2.60%

2.67%

2.70%

2.76%

2.80%

1 – 2 Year

2.67%

2.70%

2.76%

2.80%

2.86%

2.90%

2 – 3 Year

2.86%

2.90%

2.96%

3.00%

3.06%

3.10%

3 – 4 Year

2.96%

3.00%

3.06%

3.10%

3.15%

3.20%

4 – 5 Year

3.11%

3.15%

3.20%

3.25%

3.30%

3.35%

5 Year

3.35%

3.40%

3.44%

3.50%

3.54%

3.60%

Tier

Dividend Rate

APY*

2-Year Secured Index**

$5,000 or more

2.91%

2.95%

18-Month Bump Rate***

$10,000 or more

2.76%

2.80%

$1,000 - $9,999.99

2.67%

2.70%

11-Month Liquid****

$5,000 or more

2.67%

2.70%

Rates subject to change without notice.

*APY = Annual Percentage Yield. Annual Percentage Yield assumes that dividends will remain in the account until maturity. Three to twelve month terms incur a 90 day early withdrawal penalty, all others incur a 180 day early withdrawal penalty. Fees may reduce earnings.

** 2-Year Secured Index - The rate for this certificate is calculated using the 1-Year Constant Maturity Treasury Rate (plus 0.15%) or the First Future 12-Month Certificate over $10,000 (plus 0.15%) rate whichever rate is higher. The rate is guaranteed not to fall below 2.53%. The dividend rate will vary monthly and will adjust on the first business day of each month if the calculated rate has changed since the last adjustment.

*** 18-Month Bump Rate - A certificate account with a bump rate feature offers you the ability to increase the rate to a rate, for a certificate of the same term, currently offered by the credit union, once during the term of the account. This higher rate will be in effect from the date you change the rate until the certificate matures. Dividends for certificate accounts with a bump rate feature is compounded and paid monthly and at maturity. Refer to your certificate agreement for complete dividend rate and annual percentage yield (APY) information.

**** 11-Month Liquid - The 11-Month Liquid Certificate has a minimum balance requirement of $5,000. You can make up to five deposits of $1,000 or more and one withdrawal of $1,000 or more without penalty over the 11-month term of the certificate. The withdrawal amount will earn dividends up to the date of the withdrawal and there will be no penalty for early withdrawal. If the withdrawal brings the balance below the minimum, the certificate will be closed. If the withdrawal brings the balance below the minimum and is done within seven days of certificate opening, an early withdrawal penalty will apply.