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 $250,000 by NCUA.
For current rates on CD's see the rate schedule.
To purchase a CD call or come by your local branch
and complete the form or if you are a current member, you can
purchase a CD online through HOPENet.