High Impact CDs
Certificates of Deposit, known in credit unions as Share Certificates, are
time deposits in HOPE. In other words, you commit to deposit funds in HOPE
for a specified period of time, and in return the interest or dividend you
receive is higher than the current dividend on the regular share accounts
and is also fixed.
HOPE offers CD's for various set periods:
- 6 months
- 1 year
- 2 years
- 3 years
- 5 years
$1,000 minimum investment. Jumbo CD,s require a $100,000 minimum investment.
In addition, you can purchase a Community Development CD. By making a HOPE
Community Development Deposit at a below-market rate, you enable Hope Community
Credit Union to extend economic opportunities to more low-wealth families.
Any CD you purchase is insured up to $100,000 by NCUA.
For current rates on CD's see the
rate
schedule.
To purchase a CD complete the form on the appropriate link, or, if you are
a current member, you can purchase a CD online through
HOPENet: