
3 Ways Honor Supports Your Online Holiday Shopping
Everything about this year has been a little different, including the way we shop. While we may have already been
Financial Assistance Options To Offer A Little More Support For The Season!
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BECOME A MEMBERPaycheck Protection Program assistance and other business financial relief options.
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CONTACT AN EXPERTLearn how to easily skip your next loan payment with our Skip-a-Pay program!
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BECOME A MEMBERMembers save up to $15 when filing taxes using TurboTax!
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BECOME A MEMBERA Certificate of Deposit (CD) is a popular and easy method to save some money for a future project and earn interest along the way. We’ve made it easy for you to reach your savings goals, so all you have to do is decide how much and for how long, and we’ll do the rest!
Open Certificates With
As Little As $50.00
Flexible Terms Ranging
From 3 to 60 Months
Guaranteed Rate
For Entire Term
Insured Up To
$250,000 By NCUA
Take advantage of our special rate before it’s gone!
12-month CD rate: 1.70% APY*
*Annual Percentage Yield. Rate accurate as of 3/2/20. Minimum balance of $50 required. Minimum (1) direct deposit or active checking (8+ debit card transactions) per month is required to receive above stated rates. Members without direct deposit or active checking eligible to receive 12-month special – 1.50%APY rate. Early withdrawal penalty is 90 days of interest. All CD specials regardless of term length are eligible for rate protector, a one-time rate bump over the course of CD term. 12-month special will renew at standard 12-month rate upon maturity. Limited time offer. Insured by NCUA.
We offer competitive rates on certificates of deposit because we want you to get the most out of the money you’re depositing with us!
Share, Traditional IRA, Roth IRA, HSA^ & Coverdell Education Savings Account Certificates Effective Date: Jan 17, 2021 | |||
Term | Interest Rate | APY* | |
3 months1 | 0.10% | 0.10% | |
6 months1 | 0.10% | 0.10% | |
9 months1 | 0.20% | 0.20% | |
12 months1 | 0.250% | 0.25% | |
18 months1 | 0.300% | 0.30% | |
24 months1 | 0.349% | 0.35% | |
30 months1 | 0.399% | 0.40% | |
36 months1 | 0.449% | 0.45% | |
48 months1 | 0.549% | 0.55% | |
60 months1 | 0.648% | 0.65% | |
12 month Add-On2^ | 0.349% | 0.35% | |
All youth under the age of 18 will receive an additional 0.25% APY to the stated rates unless otherwise noted. A penalty fee may be imposed if you withdrawal funds prior to the maturity date.1 Rate Protector allows a one time rate adjustment for 3-36 month term CDs and a two time rate adjustment for 37-60 month term CDs with no penalties or fees. 2^ 12 month add-on not eligible for additional 0.25% APY youth rate bump or rate protector adjustment. HSA CD only available on the 12-month add-on CD rate and term. Contact a member service representative to open an HSA CD. *APY = Annual Percentage Yield. ** Minimum (1) direct deposit or active checking (8+ debit card transactions) per month is required to receive above stated rates. Rate Protector and Youth 0.25% APY rate bump are valid on CD Specials. |
Are you concerned about committing to one of our current rates? With Rate Protector, you can choose one time during the term of your certificate of deposit to bump your rate, if interest rates go up!
Use this calculator to help you determine how much interest you could earn with each certificate of deposit and which one would best help you reach your savings goal.
Here at Honor Credit Union, you can open a certificate of deposit with as little as $50.
Each person has different goals for their money, and different ideas of how they would like their money to work for them. We would love for you to visit an Honor member center, or give us a call to go over all of our CD options and what might work best for you.
Annual Percentage Yield (APY) expresses an annual rate of return taking into account the effect of compounding.
Simply put, the higher the APY, the faster your balance grows. If you have two similar interest rates, the more frequently interest is compounded, the higher the APY will be. Those higher APYs can mean more savings for you.
An interest rate is the rate at which a financial institution agrees to pay you back for holding your money.
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To make the process as simple as possible with our Zero Down Payment mortgage offer, we encourage you to speak with a mortgage expert so they can explain the requirements and guide you through the process!
Need Help? Contact us at 800.442.2800 and we will help you get started with the application process.
Holiday Hours In observance of Martin Luther King Day, all member centers, and our Virtual Member Center, will be closed Monday, January 18th. We will reopen for normal hours on Tuesday, January 19th. You can access your account 24/7 through online banking and the Honor mobile app. |
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